Common use of Security Interest of Bank Clause in Contracts

Security Interest of Bank. To induce Bank to make the Loans, and -------------------------- as security for all Obligations, each Borrower hereby assigns to Bank as Collateral and grants to Bank a continuing pledge and security interest in the following property of such Borrower (together with all proceeds and products thereof and all additions and accessions thereto, replacements thereof, supporting obligations therefor, guaranties thereof, insurance or condemnation proceeds thereof, documents related thereto, all sales of accounts constituting a right of payment therefrom, all tort or other claims against third parties arising out of damage thereto or destruction thereof, all property received wholly or partly in trade or exchange therefor, all fixtures attached or appurtenant thereto, all leases thereof, and all rents, revenues, issues, profits and proceeds arising from the sale, lease, encumbrance, collection or any other temporary or permanent disposition thereof, or any other interest therein, the "Collateral"), whether now owned or existing or hereafter acquired or arising and regardless of where located: (a) all Accounts, all Inventory, all Equipment, all General Intangibles, all Investment Property; (b) all instruments, chattel paper, electronic chattel paper, documents, securities, moneys, cash, letters of credit, letter of credit rights, promissory notes, warrants, dividends, distributions, contracts, agreements, contract rights or other property, owned by a Borrower or in which a Borrower has in interest, including but not limited to, those which now or hereafter are in the possession or control of Bank or in transit by mail or carrier to or in the possession of any third party acting on behalf of Bank, without regard to whether Bank received the same in pledge, for safekeeping, as agent for collection or transmission or otherwise or whether Bank had conditionally released the same, and the proceeds thereof, all rights to payment from, and all claims against Bank, and any deposit accounts of a Borrower with Bank, including all demand, time, savings passbook or other accounts and all deposits therein; (c) all assets and all personal property now owned or hereafter acquired; all now owned and hereafter acquired inventory, equipment, fixtures, goods, accounts, chattel paper, documents, instruments, farm products, general intangibles, supporting obligations, software, and all rents, issues, profits, products and proceeds thereof, wherever any of the foregoing is located; and (d) all cash, instruments, documents, securities, money or other property, owned by a Borrower or in which a Borrower has an interest, which now or hereafter are at any time in the possession or control of Bank or in transit by mail or carrier to or in the possession of any third party acting on behalf of Bank, without regard to whether Bank received the same in pledge, for safekeeping, as agent for collection or transmission or otherwise or whether Bank had conditionally released the same, and any deposit accounts of any Borrower with Bank, including all demand, time, savings, passbook or other accounts.

Security Interest of Bank. To induce Bank to make the Loans, and -------------------------- as security for all Obligations, each Borrower hereby assigns to Bank as Collateral and grants to Bank a continuing pledge and security interest in the following property of such Borrower (together with all proceeds and products thereof and all additions and accessions thereto, replacements thereof, supporting obligations therefor, guaranties thereof, insurance or condemnation proceeds thereof, documents related thereto, all sales of accounts constituting a right of payment therefrom, all tort or other claims against third parties arising out of damage thereto or destruction thereof, all property received wholly or partly in trade or exchange therefor, all fixtures attached or appurtenant thereto, all leases thereof, and all rents, revenues, issues, profits and proceeds arising from the sale, lease, encumbrance, collection or any other temporary or permanent disposition thereof, or any other interest therein, the "“Collateral"”), whether now owned or existing or hereafter acquired or arising and regardless of where located: (a) all Accounts, all Inventory, all Equipment, all General Intangibles, all Investment Property; (b) all instruments, chattel paper, electronic chattel paper, documents, securities, moneys, cash, letters of credit, letter of credit rights, promissory notes, warrants, dividends, distributions, contracts, agreements, contract rights or other property, owned by a Borrower or in which a Borrower has in interest, including but not limited to, those which now or hereafter are in the possession or control of Bank or in transit by mail or carrier to or in the possession of any third party acting on behalf of Bank, without regard to whether Bank received the same in pledge, for safekeeping, as agent for collection or transmission or otherwise or whether Bank had conditionally released the same, and the proceeds thereof, all rights to payment from, and all claims against Bank, and any deposit accounts of a Borrower with Bank, including all demand, time, savings passbook or other accounts and all deposits therein; (c) all assets and all personal property now owned or hereafter acquired; all now owned and hereafter acquired inventory, equipment, fixtures, goods, accounts, chattel paper, documents, instruments, farm products, general intangibles, supporting obligations, software, and all rents, issues, profits, products and proceeds thereof, wherever any of the foregoing is located; and (d) all cash, instruments, documents, securities, money or other property, owned by a Borrower or in which a Borrower has an interest, which now or hereafter are at any time in the possession or control of Bank or in transit by mail or carrier to or in the possession of any third party acting on behalf of Bank, without regard to whether Bank received the same in pledge, for safekeeping, as agent for collection or transmission or otherwise or whether Bank had conditionally released the same, and any deposit accounts of any Borrower with Bank, including all demand, time, savings, passbook or other accounts.

Security Interest of Bank. To induce Bank to make the Loans, and -------------------------- as security for all Obligations, each Borrower hereby assigns to Bank as Collateral collateral and grants to Bank a continuing first priority pledge and security interest in the following property of such Borrower (together with all proceeds and products thereof and all additions and accessions thereto, replacements thereof, supporting obligations therefor, guaranties thereof, insurance or condemnation proceeds thereof, documents related thereto, all sales of accounts constituting a right of payment therefrom, all tort or other claims against third parties arising out of damage thereto or destruction thereof, all property received wholly or partly in trade or exchange therefor, all fixtures attached or appurtenant thereto, all leases thereof, and all rents, revenues, issues, profits and proceeds arising from the sale, lease, encumbrance, collection or any other temporary or permanent disposition thereof, or any other interest therein, the "Collateral"), whether now owned or existing or hereafter acquired or arising and regardless of where it is located: (a) all Accounts, all Inventory, all Equipment, all General Intangibles, all Investment Property; (b) all Inventory; (c) all Equipment; (d) all General Intangibles; (e) all proceeds and products of Collateral and all additions and accessions to, replacements of, insurance or condemnation proceeds of, and documents covering Collateral, all tort or other claims against third parties arising out of damage or destruction of Collateral, all property received wholly or partly in trade or exchange for Collateral, all fixtures, all leases of Collateral and all rents, revenues, issues, profits and proceeds arising from the sale, lease, license, encumbrance, collection, or any other temporary or permanent disposition, of the Collateral or any interest therein; and (f) all instruments, chattel paper, electronic chattel paper, documents, securities, moneysmoney, cash, letters of credit, letter of credit rights, promissory notes, warrants, dividends, distributions, contracts, agreements, contract rights or other property, owned by a Borrower or in which a Borrower has in interest, including but not limited to, those which now or hereafter are in the possession or control of Bank or in transit by mail or carrier to or in the possession of any third party acting on behalf of Bank, without regard to whether Bank received the same in pledge, for safekeeping, as agent for collection or transmission or otherwise or whether Bank had conditionally released the same, and the proceeds thereof, all rights to payment from, and all claims against Bank, and any deposit accounts of a Borrower with Bank, including all demand, time, savings passbook or other accounts and all deposits therein; (c) all assets and all personal property now owned or hereafter acquired; all now owned and hereafter acquired inventory, equipment, fixtures, goods, accounts, chattel paper, documents, instruments, farm products, general intangibles, supporting obligations, software, and all rents, issues, profits, products and proceeds thereof, wherever any of the foregoing is located; and (d) all cash, instruments, documents, securities, money or other property, owned by a Borrower or in which a Borrower has an interest, which now or hereafter are at any time in the possession or control of Bank or in transit by mail or carrier to or in the possession of any third party acting on behalf of Bank, without regard to whether Bank received the same in pledge, for safekeeping, as agent for collection or transmission or otherwise or whether Bank had conditionally released the same, and the proceeds thereof, all rights to payment from all claims against Bank, and any deposit accounts of any Borrower with Bank, including certificates of deposit, all demand, time, savings, passbook or other accounts.

Security Interest of Bank. To induce Bank to make the Loans, and -------------------------- as security for all Obligations, each Borrower hereby assigns to Bank as Collateral collateral and grants to Bank a continuing pledge and security interest in the following property of such Borrower (together with all proceeds and products thereof and all additions and accessions thereto, replacements thereof, supporting obligations therefor, guaranties thereof, insurance or condemnation proceeds thereof, documents related thereto, all sales of accounts constituting a right of payment therefrom, all tort or other claims against third parties arising out of damage thereto or destruction thereof, all property received wholly or partly in trade or exchange therefor, all fixtures attached or appurtenant thereto, all leases thereof, and all rents, revenues, issues, profits and proceeds arising from the sale, lease, encumbrance, collection or any other temporary or permanent disposition thereof, or any other interest therein, the "Collateral"), whether now owned or existing or hereafter acquired or arising and regardless of where it is located, which shall be subject to the terms and conditions of the Subordination Agreement: (a) all Accounts, all Inventory, all Equipment, all General Intangibles, all Investment Property; (b) all Inventory; (c) all Equipment; (d) all General Intangibles; (e) all proceeds and products of Collateral and all additions and accessions to, replacements of, insurance or condemnation proceeds of, and documents covering Collateral, all tort or other claims against third parties arising out of damage or destruction of Collateral, all property received wholly or partly in trade or exchange for Collateral, all fixtures, all leases of Collateral and all rents, revenues, issues, profits and proceeds arising from the sale, lease, license, encumbrance, collection, or any other temporary or permanent disposition, of the Collateral or any interest therein; and (f) all instruments, chattel paper, electronic chattel paper, documents, securities, moneysmoney, cash, letters of credit, letter of credit rights, promissory notes, warrants, dividends, distributions, contracts, agreements, contract rights or other property, owned by a Borrower or in which a Borrower has in interest, including but not limited to, those which now or hereafter are in the possession or control of Bank or in transit by mail or carrier to or in the possession of any third party acting on behalf of Bank, without regard to whether Bank received the same in pledge, for safekeeping, as agent for collection or transmission or otherwise or whether Bank had conditionally released the same, and the proceeds thereof, all rights to payment from, and all claims against Bank, and any deposit accounts of a Borrower with Bank, including all demand, time, savings passbook or other accounts and all deposits therein; (c) all assets and all personal property now owned or hereafter acquired; all now owned and hereafter acquired inventory, equipment, fixtures, goods, accounts, chattel paper, documents, instruments, farm products, general intangibles, supporting obligations, software, and all rents, issues, profits, products and proceeds thereof, wherever any of the foregoing is located; and (d) all cash, instruments, documents, securities, money or other property, owned by a Borrower or in which a Borrower has an interest, which now or hereafter are at any time in the possession or control of Bank or in transit by mail or carrier to or in the possession of any third party acting on behalf of Bank, without regard to whether Bank received the same in pledge, for safekeeping, as agent for collection or transmission or otherwise or whether Bank had conditionally released the same, and the proceeds thereof, all rights to payment from all claims against Secured Party, and any deposit accounts of any Borrower with Bank, including certificates of deposit, all demand, time, savings, passbook or other accounts.

Security Interest of Bank. To induce Bank to make the Loans, and -------------------------- as security for all Obligations, each Borrower hereby assigns to Bank as Collateral collateral and grants to Bank a continuing first priority pledge and security interest interest, subject only to Permitted Liens, in the following property of such Borrower (together with all proceeds and products thereof and all additions and accessions thereto, replacements thereof, supporting obligations therefor, guaranties thereof, insurance or condemnation proceeds thereof, documents related thereto, all sales of accounts constituting a right of payment therefrom, all tort or other claims against third parties arising out of damage thereto or destruction thereof, all property received wholly or partly in trade or exchange therefor, all fixtures attached or appurtenant thereto, all leases thereof, and all rents, revenues, issues, profits and proceeds arising from the sale, lease, encumbrance, collection or any other temporary or permanent disposition thereof, or any other interest therein, the "Collateral"), whether now owned or existing or hereafter acquired or arising and regardless of where it is located: (a) all Accounts, all Inventory, all Equipment, all General Intangibles, all Investment Property; (b) all Inventory; (c) all Equipment; (d) all General Intangibles; (e) all proceeds and products of Collateral and all additions and accessions to, replacements of, insurance or condemnation proceeds of, and documents covering Collateral, all tort or other claims against third parties arising out of damage or destruction of Collateral, all property received wholly or partly in trade or exchange for Collateral, all fixtures, all leases of Collateral and all rents, revenues, issues, profits and proceeds arising from the sale, lease, license, encumbrance, collection, or any other temporary or permanent disposition, of the Collateral or any interest therein; and (f) all instruments, chattel paper, electronic chattel paper, documents, securities, moneysmoney, cash, letters of credit, letter of credit rights, promissory notes, warrants, dividends, distributions, contracts, agreements, contract rights or other property, owned by a Borrower or in which a Borrower has in interest, including but not limited to, those which now or hereafter are in the possession or control of Bank or in transit by mail or carrier to or in the possession of any third party acting on behalf of Bank, without regard to whether Bank received the same in pledge, for safekeeping, as agent for collection or transmission or otherwise or whether Bank had conditionally released the same, and the proceeds thereof, all rights to payment from, and all claims against Bank, and any deposit accounts of a Borrower with Bank, including all demand, time, savings passbook or other accounts and all deposits therein; (c) all assets and all personal property now owned or hereafter acquired; all now owned and hereafter acquired inventory, equipment, fixtures, goods, accounts, chattel paper, documents, instruments, farm products, general intangibles, supporting obligations, software, and all rents, issues, profits, products and proceeds thereof, wherever any of the foregoing is located; and (d) all cash, instruments, documents, securities, money or other property, owned by a Borrower or in which a Borrower has an interest, which now or hereafter are at any time in the possession or control of Bank or in transit by mail or carrier to or in the possession of any third party acting on behalf of Bank, without regard to whether Bank received the same in pledge, for safekeeping, as agent for collection or transmission or otherwise or whether Bank had conditionally released the same, and the proceeds thereof, all rights to payment from all claims against Secured Party, and any deposit accounts of any Borrower with Bank, including certificates of deposit, all demand, time, savings, passbook or other accounts.