Security Interest and Collateral Assignment. Each Borrower, to the extent of its rights therein and apart from any Mortgage that may be recorded in the future following the occurrence of a Mortgage Event, hereby pledges on the date hereof to Administrative Agent as security for the repayment of the Secured Obligations and its performance under each Facility Document to which it is a party, and hereby grants, assigns and pledges to Administrative Agent a first priority security interest in all of such Borrower’s right, title and interest in, to and under, the Financed SF Properties and all of such Borrower’s accounts, deposit accounts, commercial tort claims, documents, goods, payment intangibles, general intangibles, chattel paper, instruments, securities, investment property, promissory notes, letters of credit, letter of credit rights, supporting obligations and all other property of any type or nature, wherever located, whether now or hereafter existing, owned or acquired and the proceeds and products thereof, which shall hereinafter be collectively referred to as “Collateral”, in each case, whether now owned or hereafter acquired, now existing or hereafter created and wherever located, to secure the repayment of principal of and interest on all Advances and all other amounts owing to Administrative Agent and the Lenders hereunder and under the other Facility Documents.
Security Interest and Collateral Assignment. (i) On the Advance Date, each Borrower, to the extent of its rights therein, hereby pledges on the date hereof to Lender as security for the performance of the Secured Obligations and hereby grants, assigns and pledges to Lender a first priority security interest in each Borrower’s rights, title and interest in, to and under all of its assets, including the following, which shall hereinafter be collectively referred to as “Collateral”:
Security Interest and Collateral Assignment. To secure the repayment to the Corporation of the amount of the Corporation’s Current Policy Interest, as defined herein, the Owner has executed a collateral assignment of the Policy to the Corporation (hereinafter the “Collateral Assignment”).
Security Interest and Collateral Assignment. (a) The Company hereby assigns and grants to the Collateral Agent, for the benefit and security of the Beneficiaries, a security interest in and general lien upon all of its right, title and interest in and to (a) each Company Document and all payments thereon or with respect thereto (but with respect to any Non-Shared Payment, only for the applicable Beneficiary to whom such Non-Shared Payment relates), (b) the Accounts, including, without limitation, any securities purchased with funds on deposit therein, and all income from the investment of funds therein (but (i) excluding the Special Insurance Reserves Account and the Post Lease Term Reserve Account and (ii) with respect to any sub-account of the Non-Shared Payments Account or Stipulated Loss Value Deficiency Account, only for the applicable Beneficiary to whom such sub- account relates, and (iii) with respect to the Special Insurance Reserves Account, only for the Owner Participants to secure amounts payable pursuant to Section 3.7(b) hereof) and (c) all proceeds, accessions, profits, income benefits, substitutions and replacements, whether voluntary or involuntary, of and to any of the property, now owned or hereafter acquired, of the Company described in the preceding clauses (including, without limitation, the Company's claims for indemnity thereunder and payments with respect thereto) (the "Collateral"). Such Security Interests are made, in trust and subject to the terms and conditions of this Agreement, to secure the payment by the Company of amounts due to the Beneficiaries under the Company Documents and the Operative Agreements to which the Company is a party (collectively, the "Secured Obligations"), all as provided in this Agreement.
Security Interest and Collateral Assignment. Rock hereby collaterally assigns, pledges, transfers and grants to Agent, for the benefit of the Lenders, a continuing general lien upon and security interest in all of Rock's right, title and interest in and to the Pledged Collateral, now owned and hereafter acquired together with all proceeds thereof, to secure full payment and performance of the Obligations.
Security Interest and Collateral Assignment. (a) The Company hereby assigns and grants to the Collateral Agent, for the benefit and security of the Beneficiaries, a security interest in and general lien upon all of its right, title and interest in and to (a) each Company Document and all payments thereon or with respect thereto (other than any Non-Shared Payments), (b) the Accounts (other than the Non-Shared Payments Account and the Excess Cash Account), including, without limitation, any securities purchased with funds on deposit therein, and all income from the investment of funds therein and (c) all proceeds, accessions, profits, income benefits, substitutions and replacements, whether voluntary or involuntary, of and to any of the property, now owned or hereafter acquired, of the Company described in the preceding clauses (including, without limitation, the Company's claims for indemnity thereunder and payments with respect thereto) (the "Collateral"). Such Security Interests are made, in trust and subject to the terms and conditions of this Agreement, to secure the payment by the Company of amounts due under the Company Documents and the Operative Agreements to which the Company is a party (collectively, the "Secured Obligations"), all as provided in this Agreement.
Security Interest and Collateral Assignment. To secure (i) the prompt and complete payment of the Credit Line Advances, (ii) the payment and performance of any and all obligations and duties of Borrower of any and all other debts, obligations or duties of Borrower to GMAC now existing or hereafter arising by this Loan Agreement, whether direct or indirect, absolute or contingent, or otherwise, Borrower hereby pledges, assigns and grants to GMAC a security interest in all inventory of motor vehicles meeting each of the conditions described in subparagraphs 1(g)(ii)[A], [C], [E], and [H], including but not limited to all Used Motor Vehicles, now existing or hereafter acquired and wherever located, and any and all proceeds thereof, in whatever form (the "Collateral"). Borrower shall execute and deliver to GMAC one or more agreements, documents, and financing statements, in form and substance satisfactory to GMAC, as may be required by GMAC to grant and maintain a valid, perfected first lien or security interest in the Collateral.
Security Interest and Collateral Assignment. To secure (i) the prompt and complete payment of the Group Loans, (ii) the performance of any and all obligations and duties of Borrower or any Dealer pursuant to this Loan Agreement, and (iii) the payment and performance of any and all other debts, obligations or duties of Borrower or any Dealer to GMAC now existing or hereafter arising by this Loan Agreement, any guaranty in favor of GMAC or otherwise, Borrower hereby pledges, assigns and grants to GMAC a security interest in the following described property of Borrower, now existing or hereafter acquired and wherever located, and any and all proceeds thereof, in whatever form (the "Collateral"):
Security Interest and Collateral Assignment. To secure payment of the Rent and all other obligations and amounts owed by Xxxxxx to Lessor hereunder, Lessee grants to Lessor a security interest in, and to, and collaterally assigns to Lessor, all ATM Income, ATM Cash and ATM Transaction Settlement Amounts (the “Collat- eral”). Xxxxxx agrees that Lessor will send a copy of this Lease to the Processor in order that the Processor may offset Lessee’s ATM Income and Transaction Settlement Amounts to pay the Rent and any other amounts due to Lessor hereunder. This lease is a security agreement under the Uniform Commercial Code. Lessor may file a copy of this lease as a financing statement.
Security Interest and Collateral Assignment
