Common use of SECURITY FOR THE OBLIGATION Clause in Contracts

SECURITY FOR THE OBLIGATION. This Security Agreement secures the payment and performance of the Obligation, including, without limitation, all obligations now or hereafter existing under the Credit Agreement, the Notes, this Security Agreement and each of the other Loan Papers to which Grantor is or may become a party, whether for principal, interest, costs, fees, expenses or otherwise (including all such amounts which would become due but for the operation of the automatic stay under Section 362(a) of the United States Bankruptcy Code, 11 U.S.C. Section 362(a), and the operation of Sections 502(b) and 506(b) of the United States Bankruptcy Code, 11 U.S.C. Sections 502(b) and 506(b)) (all of the foregoing, together with all renewals, extensions and modifications of all or any part thereof, being the "SECURED INDEBTEDNESS").

SECURITY FOR THE OBLIGATION. This Security Agreement secures the payment and performance of the ObligationObligations, including, without limitation, all obligations now or hereafter existing under the Credit Agreement, the Notes, the Guaranty, this Security Agreement and each of the other Loan Papers Documents to which any of Grantor or the Borrowers is or may become a party, whether for principal, interest, costs, fees, expenses or otherwise (including all such amounts which would become due but for the operation of the automatic stay under Section 362(a) of the United States Bankruptcy Code, 11 U.S.C. Section § 362(a), and the operation of Sections 502(b) and 506(b) of the United States Bankruptcy Code, 11 U.S.C. Sections §§ 502(b) and 506(b)) (all of the foregoing, together with all renewals, extensions and modifications of all or any part thereof, being the "SECURED INDEBTEDNESS"“Secured Indebtedness”).

SECURITY FOR THE OBLIGATION. This Security Agreement secures the payment and performance of the Obligation, including, without limitation, all obligations now or hereafter existing under the Credit Agreement, the Notes, this Security Agreement and each of the other Loan Papers Documents to which Grantor is or may become a party, whether for principal, interest, costs, fees, expenses or otherwise (including all such amounts which would become due but for the operation of the automatic stay under Section 362(a) of the United States Bankruptcy Code, 11 U.S.C. Section 362(a), and the operation of Sections 502(b) and 506(b) of the United States Bankruptcy Code, 11 U.S.C. Sections 502(b) and 506(b)) (all of the foregoing, together with all renewals, extensions and modifications of all or any part thereof, being the "SECURED INDEBTEDNESSSecured Indebtedness").