Common use of Security over Current Assets Clause in Contracts

Security over Current Assets. (a) To secure the performance of the obligations of the Borrowers under the Facilities, each of the Borrowers and the Designated Subsidiaries that owns material inventory and accounts receivable must provide in favour of the Collateral Agent (for the benefit of the Agents and the Lenders) security over all of its present and future inventory and accounts receivable and other claims (including related assets), present and future.

Security over Current Assets. (a) To secure the performance of the obligations of the Borrowers under the FacilitiesFacility, each of the Borrowers and the Designated Subsidiaries that owns material inventory and accounts receivable must provide in favour of the Collateral Agent (for the benefit of the Agents and the Lenders) security over all of its present and future inventory and accounts receivable and other claims (including related assets), present and future.

Security over Current Assets. (a) To secure the performance of the obligations of the Borrowers under the FacilitiesFacility, each of the Borrowers and the Designated Subsidiaries that owns material inventory and accounts receivable must provide in favour of the Collateral Agent (for the benefit of the Agents and the Lenders) security over all of its present and future inventory and accounts receivable and other claims (including related assets), present and future.

Security over Current Assets. (a) To secure the performance of the obligations of the Borrowers under the FacilitiesFacility and the Hedging Agreements, each of the Borrowers and the Designated Subsidiaries that owns material inventory and accounts receivable must provide in favour of the Collateral Agent (for the benefit of the Agents and the Lenders) Lenders security over all of its present and future inventory and accounts receivable and other claims (including related assets), present and future.

Security over Current Assets. (a) To secure the performance of the obligations of the Borrowers under the FacilitiesFacilities (other than the Additional Revolving Facility) and the Hedging Agreements, each of the Borrowers and the Designated Subsidiaries that owns material inventory and accounts receivable must provide in favour of the Collateral Agent (for the benefit of the Agents and the Lenders) Lenders security over all of its present and future inventory and accounts receivable and other claims (including related assets), present and future.

Security over Current Assets. (a) To secure the performance of the obligations of the Borrowers under the FacilitiesFacility and the Hedging Agreements, each of the Borrowers and the Designated Subsidiaries that owns own material inventory and accounts receivable must provide in favour of the Collateral Agent (for the benefit of the Agents and the Lenders) Lenders security over all of its present and future inventory and accounts receivable and other claims (including related assets), present and future.