Security for the Secured Obligations. The Borrower hereby grants to the Bank a first priority Lien and security interest in the Collateral as security for the obligations of the Borrower hereunder and under each other Margin Loan Document in respect of the Margin Loans (the “Secured Obligations”).
Security for the Secured Obligations. The grant of a security interest in the Collateral by the Grantor under this Supplement secures the payment of all amounts that constitute part of the Secured Obligations and would be owed to the Collateral Agent or the Secured Parties but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving the Grantor.
Security for the Secured Obligations. The grant of a security interest in the Collateral by the Grantor under this IP Security Agreement secures the payment of all amounts that constitute part of the Secured Obligations and would be owed to the Collateral Agent or the Secured Parties but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving the Grantor.
Security for the Secured Obligations. (1) Subject to Section 4.01(2), as continuing security for the due payment of the Secured Obligations, and the performance by the Trust of all of the obligations of the Trust hereunder in relation thereto, the Issuer Trustee, as trustee of the Trust, hereby grants, transfers, assigns, mortgages, pledges, sets over and charges, as and by way of a fixed and specific mortgage, assignment, pledge and charge, to and in favour of the Indenture Trustee for the benefit of the Specified Creditors, and grants to the Indenture Trustee for the benefit of the Specified Creditors a continuing security interest and hypothec in, the undertaking of the Trust and all property and assets now owned or hereafter acquired by the Trust, or to which the Trust is or may hereafter otherwise become entitled, both present and future, of every nature and kind and wherever situate, including, without limitation, all of its right, title, interest and benefit from time to time in, to, under and in respect of:
(a) all Asset Interests and all certificates and other documents, if any, evidencing or representing any of such interest;
(b) all debts, accounts, claims, monies and choses in action which now are or which may at any time hereafter be due or owing to or owned by the Trust and also all securities, bills, notes, evidences of deposits of money, instruments, writings and other documents now held or owned or which may be hereafter taken, held or owned by the Trust, or any Person (including the Custodian, the Servicer and the Administrative Agent) on behalf of the Trust, and all renewals thereof, accretions thereto, substitutions therefor, and all interest, income and revenue arising therefrom or by virtue thereof;
(c) all monies on deposit from time to time (whether now or hereafter) in any Related Distribution Accounts and all investments thereof;
(d) all of the contractual, equitable or other rights or choses in action of the Trust under any Programme Agreement; and
(e) all benefits, advantages, property or assets of whatsoever kind in any form derived or realized, directly or indirectly, pursuant to or from any dealings with any of the foregoing property, rights and assets or that indemnifies or compensates for loss or theft of or damage to or destruction of any such property, rights and assets and any other proceeds thereof. The Liens granted by this Section 4.01 and under the Related Security Documents are referred to herein as the “Lien Hereof”.
(2) The Collateral shall be subject...
Security for the Secured Obligations. Subject to the provisions of Clause 7.3 hereof, the Depositor by way of continuing security for the payment, performance and satisfaction when due of the Secured Obligations hereby charges by way of first fixed equitable charge and assigns by way of security to DAICO all of its right, title and interest in and to the following:
(a) 400,000 shares of common stock of Tristar registered in the Depositor's name, all of the certificates and/or instruments representing such shares and all cash, securities, dividends, rights and other property at any time and from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such shares;
(b) Any additional shares of common stock of Tristar required to be deposited hereunder pursuant to Clause 8 hereof;
(c) All other property hereafter delivered to DAICO in substitution for or in addition to any of the foregoing, all certificates and instruments representing or evidencing such property, and all cash, securities, interest, dividends, rights and other property at any time and from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all thereof, and
(d) All products and proceeds of all of the foregoing. All of the foregoing are herein collectively called the "Securities".
Security for the Secured Obligations. The Pledged Collateral secures the full and timely payment and performance of the Secured Obligations, including, without limitation, the Secured Obligations referenced in or evidenced by the Loan Documents.
Security for the Secured Obligations. The pledge and security interest created hereby upon the Collateral constitute continuing collateral security for the Secured Obligations and is subordinated and junior to the pledge and security interest created upon the Collateral constituting a continuing first priority security for the Secured Obligations 1.
Security for the Secured Obligations. This Agreement and the Collateral secures the full and prompt payment and performance by Borrower of the Loan.
Security for the Secured Obligations. This Agreement is for the benefit of the Agent and the Funds to secure the payment and performance of the following obligations and liabilities, whether now existing or hereafter arising (the "Secured Obligations"):
(i) the full and prompt payment when due of all principal and interest under the Secured Notes, the payment of all other Obligations and liabilities (including, without limitation, expenses, fees, indemnities and interest thereon) of the Pledgor under, arising out of or in connection with the Secured Notes or any other Transaction Document and the due performance and compliance by the Pledgor with the terms thereof;
(ii) any and all sums advanced by the Agent or the Funds in order to preserve the Collateral or preserve the security interest in the Collateral granted herein;
(iii) in the event of any proceeding for the collection or enforcement of any indebtedness, obligations, or liabilities referred to in clause (i) above, after an Event of Default has occurred (which has not been cured in accordance with the terms of the Secured Notes), the reasonable expenses of retaking, holding, preparing for sale or lease, selling or otherwise disposing or realizing on the Collateral, or of any exercise by the Agent of its rights hereunder with respect thereto, together with reasonable attorneys' fees and court costs; and
(iv) all amounts paid by any Indemnitee (as defined in Section 8 hereof) as to which such Indemnitee has the right to indemnification or reimbursement from the Pledgor under this Agreement.
Security for the Secured Obligations. This Agreement secures the full and prompt payment when due (whether at stated maturity, by acceleration or otherwise) of, and the performance of, all the Secured Obligations. Without limiting the generality of the foregoing, this Agreement secures the payment of all amounts that constitute part of the Secured Obligations and would be owed to the Agent or the Secured Parties under the Bank Products but for the fact that they are unenforceable or not allowable due to the existence of an Insolvency Proceeding (as defined in the Intercreditor Agreement) involving any Pledgor.
