Common use of Security Interest in Collateral Clause in Contracts

Security Interest in Collateral. (i) This Indenture creates a valid, continuing and enforceable security interest (as defined in the applicable UCC) in the Indenture Collateral in favor of the Indenture Trustee, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Issuer;

Appears in 19 contracts

Samples: Indenture (St Joe Co), Indenture (Capitalsource Inc), Indenture (Officemax Inc)

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Security Interest in Collateral. (i) This Indenture creates a valid, continuing and enforceable security interest (as defined in the applicable UCC) in the Indenture Collateral in favor of the Indenture Trustee, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Issuer;

Appears in 11 contracts

Samples: Indenture (Hercules Capital, Inc.), Indenture (Horizon Technology Finance Corp), Indenture (Hercules Capital, Inc.)

Security Interest in Collateral. (i) This Indenture creates a valid, continuing and enforceable security interest (as defined in the applicable UCC) in the Indenture Collateral in favor of the Indenture Trustee, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the Issuer;

Appears in 2 contracts

Samples: Indenture (Horizon Technology Finance Corp), Indenture (Horizon Technology Finance Corp)

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Security Interest in Collateral. (i) This Indenture The Security Agreement creates a valid, continuing and enforceable security interest (as defined in the applicable UCC) in the Indenture Collateral in favor of the Indenture TrusteeLender, which security interest is prior to all other Liens (except for Permitted Liens), and is enforceable as such against creditors of and purchasers from the IssuerBorrower;

Appears in 1 contract

Samples: Term Loan Agreement (Office Depot Inc)

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