SECURITY INTEREST AND CHARGE. As general and continuing collateral security for the payment and performance of all debts, liabilities and obligations of the Debtor to ATB howsoever arising, both present and future, absolute and contingent, direct and indirect, matured or not, and whether the Debtor be bound alone or jointly or severally with others (the "Indebtedness"), the Debtor hereby assigns and grants a mortgage, pledge, charge and security interest (which, in the case of any real property and any other Collateral (as hereinafter defined) not subject to the PPSA, shall be a mortgage as and by way of a floating charge) to and in favour of ATB in all property, assets and undertaking of the Debtor referred to in Schedule "A" (including all such property, assets and undertaking owned or leased by or licensed to the Debtor and in which the Debtor at any time has an interest or to which the Debtor is or at any time may become entitled) and in all Proceeds and renewals thereof, Accessions thereto and substitutions therefor (herein collectively called the "Collateral "). The assignments, mortgages, pledges, charges, security interests and floating charges (if applicable) granted hereunder are hereinafter collectively called the "Security Interests". The Debtor warrants and acknowledges to and in favour of ATB that: the Debtor has rights in all existing Collateral and the parties intend the Security Interest hereby created in any of the Debtor's existing property which is subject to the PPSA to attach upon execution and delivery hereof; the parties intend the Security Interest created in any of the Debtor's after-acquired property which is subject to the PPSA to attach at the same time as it acquires rights in the after-acquired property; and value has been given. For greater certainty, where the Collateral includes all of the Debtor's present and after-acquired Personal Property, and any of such Collateral is or becomes located on lands or premises leased or subleased by the Debtor, the Collateral includes the Debtor's interest as tenant or lessee under any and all of such leases and subleases of the lands or premises. The last day of any term reserved by any lease or agreement to lease is excepted out of the Security Interest and does not form part of the Collateral, but the Debtor shall stand possessed of such last day in trust to assign the same to any person acquiring such term. If the grant of the Security Interest in respect of any contract, lease, agreement to lease, license, permi...
SECURITY INTEREST AND CHARGE. (a) The Grantor hereby charges and grants a security interest in the Secured Property to the Secured Party:
SECURITY INTEREST AND CHARGE. (a) As continuing security for the payment and performance of all debts, liabilities and obligations of the Debtor to KHCANADA howsoever arising (present and future, absolute and contingent, direct and indirect) (the “Indebtedness”), the Debtor hereby grants a mortgage, pledge, charge and security interest (which, in the case of any Collateral not subject to the PPSA, shall be a mortgage as and by way of a floating charge) to and in favour of KHCANADA in all property, assets and undertaking of the Debtor referred to in Schedule “A” (including any such property, assets and undertaking whether owned or leased by the Debtor) and in all Proceeds and renewals thereof, accessions thereto and substitutions therefor (hereinafter collectively called the “Collateral “).
SECURITY INTEREST AND CHARGE. (a) As general and continuing collateral security for the payment and performance of all debts, liabilities and obligations of the Debtor to ATB howsoever arising, both present and future, absolute and contingent, direct and indirect, matured or not, and whether the Debtor be bound alone or jointly or severally with others (the "Indebtedness"), the Debtor hereby assigns and grants to and in favour of ATB:
SECURITY INTEREST AND CHARGE. The grantor:
SECURITY INTEREST AND CHARGE. (a) As general and continuing collateral security for the payment and performance of all debts, liabilities and obligations of the Debtor to the Purchasers identified on Schedule “C” hereto (the “Purchasers”) under a certain Securities Purchase Agreement (the “SPA”) among such Purchasers, the Notes acquired in connection therewith, the obligations of the Debtor arising under and in connection with the Transaction Documents (as defined in the SPA) howsoever arising, both present and future, absolute and contingent, direct and indirect, matured or not, and whether the Debtor be bound alone or jointly or severally with others (the "Indebtedness"), the Debtor hereby assigns and grants a mortgage, pledge, charge and security interest (which, in the case of any real property and any other Collateral (as hereinafter defined) not subject to the PPSA, shall be a mortgage as and by way of a floating charge) to and in favour of Collateral Agent in all property, assets and undertaking of the Debtor referred to in Schedule "A" (including all such property, assets and undertaking owned or leased by or licensed to the Debtor and in which the Debtor at any time has an interest or to which the Debtor is or at any time may become entitled) and in all Proceeds and renewals thereof, Accessions thereto and substitutions therefor (herein collectively called the "Collateral ").
