Common use of Security Interest Grant Clause in Contracts

Security Interest Grant. As security for the payment or performance, as the case may be, of all Obligations, the Borrower hereby assigns, pledges, grants and conveys to the Collateral Trustee, for the benefit of the Secured Parties, a continuing security interest in all of the Borrower’s right, title and interest in, to and under following assets and property, in each case, whether now existing or at any time hereafter arising, and whether now owned or at any time hereafter acquired (collectively, the “Collateral”): (a) all Purchased Receivables, all Receivable Documents with respect thereto, all Servicing Rights with respect thereto, all Borrower Records with respect thereto, all Collections thereof, and all other related Purchased Assets with respect thereto, including, without limitation, all rights and benefits of the “lender” under any such Receivable Document, all rights to collect and receive principal, interest, finance charges, fees (including without limitation late payment fees), other charges, assessments, and all other amounts received or receivable thereunder, and all other rights, interests, benefits, proceeds, profits, remedies and claims arising therefrom or relating thereto; (b) the Collection Account, the Reserve Account, any other Deposit Account, any Securities Account, any Certificates of Deposit, all funds and other property on deposit from time to time in, or credited to, any of the foregoing, all interest, dividends, earnings, income and distributions received, receivable or otherwise distributed or distributable in respect of any of the foregoing, all Financial Assets, all Securities, all Investment Property, all Money, and all cash and cash equivalents; (c) all Accounts, Chattel Paper, Commercial Tort Claims, Goods, Equipment, Inventory, General Intangibles, Payment Intangibles, Instruments, Documents, and Fixtures; (d) all Borrower Contracts, Borrower Contract Rights and Hedging Transactions; (e) all Supporting Obligations, Letter-of Credit Rights, and letters of credit, collateral security and guarantees given by any Person with respect to or supporting any of the foregoing; (f) all copyrights, patents, trademarks and other intellectual property rights and derivative rights related thereto or arising therefrom; (g) all other personal property of every kind and nature; (h) all present and future claims, demands, causes and choses in action in respect of any of the foregoing; and (i) all payments on or under and all products and Proceeds of every kind and nature whatsoever in respect of any or all of the foregoing, including, without limitation, all cash and non-cash proceeds, and all other property arising from or relating to all or any part of any of the foregoing.

Security Interest Grant. As security for the payment or performance, as the case may be, of all Obligations, the Borrower hereby assigns, pledges, grants and conveys to the Collateral Trustee, for the benefit of the Secured Parties, a continuing security interest in all of the Borrower’s right, title and interest in, to and under following assets and property, in each case, whether now existing or at any time hereafter arising, and whether now owned or at any time hereafter acquired (collectively, the “Collateral”): (a) all Purchased Receivables, all Receivable Documents with respect thereto, all Servicing Rights with respect thereto, all Borrower Records with respect thereto, all Collections thereof, and all other related Purchased Assets with respect thereto, including, without limitation, all rights and benefits of the “lender” under any such Receivable Document, all rights to collect and receive principal, interest, finance charges, fees (including without limitation late payment fees), other charges, assessments, and all other amounts received or receivable thereunder, and all other rights, interests, benefits, proceeds, profits, remedies and claims arising therefrom or relating thereto; (b) the Collection Account, the Reserve Account, any other Deposit Account, any Securities Account, any Certificates of Deposit, all funds and other property on deposit from time to time in, carried in, or credited to, any of the foregoing, all interest, dividends, earnings, income and distributions received, receivable or otherwise distributed or distributable in respect of any of the foregoing, all Financial Assets, all Securities, all Investment Property, all Money, and all cash and cash equivalents; (c) all Accounts, Chattel Paper, Commercial Tort Claims, Goods, Equipment, Inventory, General Intangibles, Payment Intangibles, Instruments, Documents, and Fixtures; (d) all Borrower Contracts, Borrower Contract Rights and Hedging Transactions; (e) all Supporting Obligations, Letters of Credit and Letter-of Credit Rights, and letters of credit, collateral security and guarantees given by any Person with respect to or supporting any of the foregoing; (f) all copyrights, patents, trademarks and other intellectual property rights and derivative rights related thereto or arising therefrom; (g) all other personal property of every kind and nature; (h) all present and future claims, demands, causes and choses in action in respect of any of the foregoing; and (i) all payments on or under and all products and Proceeds of every kind and nature whatsoever in respect of any or all of the foregoing, including, without limitation, all cash and non-cash proceeds, and all other property arising from or relating to all or any part of any of the foregoing.

Security Interest Grant. As security for Debtor, in consideration of the payment or performanceObligations to Lender, as the case may bedefined in Provision 3 below, of hereby agrees to all Obligations, the Borrower hereby assigns, pledges, grants and conveys to the Collateral Trustee, for the benefit of the Secured Parties, terms of this Agreement and further hereby specifically grants Lender a continuing security interest in the collateral described in the paragraph(s) following any box(es) marked in Provision 4 below, including any collateral described under paragraph 0 of Provision 4 ("Specific"). Debtor further grants Lender a security interest in the proceeds of said collateral, the proceeds of hazard insurance and eminent domain or condemnation awards involving the collateral, all products of, and accessions to, such collateral or interests therein, any and all deposits or other sums at any time credited by or due from Lender to Debtor, and any and all instruments, documents, policies, and certificates of the Borrower’s rightinsurance, title and interest insecurities, to and under following assets and goods, accounts receivable, choses in action, chattel paper, cash, property, and the proceeds thereof (whether or not the same are Collateral or proceeds thereof hereunder) owned by Debtor or in each case, whether which Debtor has an interest which are now existing or at any time hereafter arisingin possession or control of Lender or in transit by mail or carrier to or from Lender or in possession of any third party acting on Lender's behalf, without regard to whether Lender received the same in pledge, for safekeeping, as agent or otherwise, or whether Lender has conditionally released the same. Debtor's grant of a continuing security interest in the foregoing described collateral secures to Lender the payment of all loans, advances, and whether now owned or at extensions of credit from Lender to Borrower, including all renewals and extensions thereof and any time hereafter acquired (collectively, the “Collateral”): (a) all Purchased Receivables, all Receivable Documents with respect thereto, all Servicing Rights with respect thereto, all Borrower Records with respect thereto, all Collections thereof, and all other related Purchased Assets with respect thereto, including, without limitation, all rights and benefits of the “lender” under any such Receivable Document, all rights to collect and receive principal, interest, finance charges, fees (including without limitation late payment fees), other charges, assessments, and all other amounts received or receivable thereunder, and all other rights, interests, benefits, proceeds, profits, remedies and claims arising therefrom or relating thereto; (b) the Collection Account, the Reserve Account, any other Deposit Account, any Securities Account, any Certificates of Deposit, all funds and other property on deposit from time to time in, or credited to, any of the foregoing, all interest, dividends, earnings, income and distributions received, receivable or otherwise distributed or distributable in respect of any of the foregoing, all Financial Assets, all Securities, all Investment Property, all Money, and all cash and cash equivalents; (c) all Accounts, Chattel Paper, Commercial Tort Claims, Goods, Equipment, Inventory, General Intangibles, Payment Intangibles, Instruments, Documents, and Fixtures; (d) all Borrower Contracts, Borrower Contract Rights and Hedging Transactions; (e) all Supporting Obligations, Letter-of Credit Rights, and letters of credit, collateral security and guarantees given by any Person with respect to or supporting any of the foregoing; (f) all copyrights, patents, trademarks and other intellectual property rights and derivative rights related thereto or arising therefrom; (g) all other personal property obligations of every kind whatsoever, whether heretofore, now, or hereafter existing or arising between Lender and nature; (h) all present Borrower and future claimshowsoever incurred or evidenced, demandswhether primary, causes and choses in action in respect of any of the foregoing; and (i) all payments on secondary, contingent, or under and all products and Proceeds of every kind and nature whatsoever in respect of any or all of the foregoing, including, without limitation, all cash and non-cash proceeds, and all other property arising from or relating to all or any part of any of the foregoingotherwise.

Security Interest Grant. As security for the payment or performance, as the case may be, of all Obligations, the Borrower hereby assigns, pledges, grants and conveys to the Collateral TrusteeAdministrative Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Borrower’s right, title and interest in, to and under following assets and property, in each case, whether now existing or at any time hereafter arising, and whether now owned or at any time hereafter acquired (collectively, the “Collateral”): (a) all Purchased ReceivablesParticipations, all Receivable Documents with respect thereto, all Servicing Rights with respect thereto, all Borrower Records with respect thereto, all Collections thereof, and all other related Purchased Assets with respect thereto, including, without limitation, all rights and benefits of the “lender” under any such Receivable Document, all rights to collect and receive principal, interest, finance charges, fees (including without limitation late payment fees), other charges, assessments, and all other amounts received or receivable thereunder, and all other rights, interests, benefits, proceeds, profits, remedies and claims arising therefrom or relating thereto; (b) the Collection Account, the Reserve Account, any other Deposit Account, any Securities Account, any Certificates of Deposit, all funds and other property on deposit from time to time in, carried in, or credited to, any of the foregoing, all interest, dividends, earnings, income and distributions received, receivable or otherwise distributed or distributable in respect of any of the foregoing, all Financial Assets, all Securities, all Investment Property, all Money, and all cash and cash equivalents; (c) all Accounts, Chattel Paper, Commercial Tort Claims, Goods, Equipment, Inventory, General Intangibles, Payment Intangibles, Instruments, Documents, and Fixtures; (d) all Borrower Contracts, Borrower Contract Rights and Hedging Transactions; (e) all Supporting Obligations, Letters of Credit and Letter-of Credit Rights, and letters of credit, collateral security and guarantees given by any Person with respect to or supporting any of the foregoing; (f) all copyrights, patents, trademarks and other intellectual property rights and derivative rights related thereto or arising therefrom; (g) all other personal property of every kind and nature; (h) all present and future claims, demands, causes and choses in action in respect of any of the foregoing; and (i) all payments on or under and all products and Proceeds of every kind and nature whatsoever in respect of any or all of the foregoing, including, without limitation, all cash and non-cash proceeds, and all other property arising from or relating to all or any part of any of the foregoing.