Common use of SECURITY PURPOSE Clause in Contracts

SECURITY PURPOSE. The Claims shall serve as collateral in order to secure the prompt and complete satisfaction and discharge in full of any and all Secured Claims.

Appears in 2 contracts

Samples: Supplemental Agreement (Kabel Deutschland Vertrieb Und Service GmbH & Co. KG), Global Assignment Agreement (Kabel Deutschland GmbH)

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SECURITY PURPOSE. The Claims shall serve as collateral in order to secure the prompt and complete satisfaction payment and discharge in full of any and all Secured ClaimsObligations.

Appears in 2 contracts

Samples: Assignment Agreement (Solutia Inc), Assignment Agreement (Solutia Inc)

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SECURITY PURPOSE. The Claims shall serve as collateral in order to secure the prompt and complete satisfaction payment and discharge in full of any and all Secured Claims.

Appears in 1 contract

Samples: Global Assignment Agreement (Solutia Inc)

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