Common use of The Security Clause in Contracts

The Security. The Debtor hereby assigns and grants to the holders of the Notes (as defined in Section 2) (together, the “Secured Parties”) a pari passu security interest in the following described property, now owned or hereafter acquired by the Debtor and wherever located (“Collateral”): (a) All accounts, contract rights, chattel paper, instruments, deposit accounts, letter of credit rights, payment intangibles and general intangibles and all returned or repossessed goods which, on sale or lease, resulted in an account or chattel paper. (c) All securities of any type or any other ownership interest in any business or venture of any nature, securities entitlements, securities accounts, investment property, instruments, chattel paper, and electronic chattel paper and Debtor’s books relating to the foregoing. (d) All inventory, including all materials, work in process and finished goods. (e) All machinery, furniture, fixtures and other equipment of every type. (f) All general intangibles, including, but not limited to, (i) all patents, and all unpatented or unpatentable inventions; (ii) all trademarks, service marks, and trade names; (iii) all copyrights and literary rights; (iv) all computer software programs; (v) all mask works of semiconductor chip products; (vi) all trade secrets, proprietary information, customer lists, manufacturing, engineering and production plans, drawings, specifications, processes and systems. The Collateral shall include all good will connected with or symbolized by any of such general intangibles; all contract rights, documents, applications, licenses, materials and other matters related to such general intangibles; all tangible property embodying or incorporating any such general intangibles; and all chattel paper and instruments relating to such general intangibles. (g) All negotiable and non-negotiable documents of title covering any Collateral. (h) All accessions, attachments and other additions to the Collateral, and all tools, parts and equipment used in connection with the Collateral. (i) All substitutes or replacements for any Collateral, all cash or non-cash proceeds, products, rents and profits of any Collateral, all income, benefits and property receivable on account of the Collateral, all rights under warranties and insurance contracts, letters of credit, guaranties or other supporting obligations covering the Collateral, and any causes of action relating to the Collateral. (j) All books and records pertaining to any Collateral, including but not limited to any computer-readable memory and any computer hardware or software necessary to process such memory (“Books and Records”).

The Security. The Debtor hereby assigns and grants to the holders of the Notes (as defined in Section 2) (together, the “Secured Parties”) Party a pari passu security interest in the following described property, property now owned or hereafter acquired owned by the Debtor and wherever located (“Collateral”): (a) All accounts, contract rights, chattel paper, instruments, deposit accounts, letter of credit rights, payment intangibles and general intangibles intangibles, including all amounts due to Debtor from a factor; rights to payment of money from Secured Party under any Swap Contract; and all returned or repossessed goods which, on sale or lease, resulted in an account or chattel paper. (c) All securities of any type or any other ownership interest in any business or venture of any nature, securities entitlements, securities accounts, investment property, instruments, chattel paper, and electronic chattel paper and Debtor’s books relating to the foregoing. (db) All inventory, including all materials, work in process and finished goods. (ec) All machinery, furniture, fixtures and other equipment of every type. (fd) All instruments, notes, chattel paper and documents of every type, and all liens, security agreements, leases and other contracts securing or otherwise relating to the foregoing. (e) All general intangibles, including, but not limited toexcluding, (i) all patents, and all unpatented or unpatentable inventions; (ii) all trademarks, service marks, and trade names; (iii) all copyrights and literary rights; (iv) all computer software programs; (v) all mask works of semiconductor chip products; (viv) all trade secrets, proprietary information, customer lists, manufacturing, engineering and production plans, drawings, specifications, processes and systems; (vi) any other IP Rights; and (vii) all licenses to any of the foregoing except as set forth in Section 7(j). The Collateral shall include all good will connected with or symbolized by any of such general intangibles; all contract rights, documents, applications, licenses, materials and other matters related to such general intangibles; all tangible property embodying or incorporating any such general intangibles; and all chattel paper and instruments relating to such general intangibles. (gf) All negotiable and non-negotiable nonnegotiable documents of title covering any Collateral. (hg) All accessions, attachments and other additions to the Collateral, and all tools, parts and equipment used in connection with the Collateral. (ih) All substitutes or replacements for any Collateral, all cash or non-cash proceeds, productsproduct, rents and profits of any Collateral, all income, benefits and property receivable on account of the Collateral, all rights under warranties and insurance contracts, letters of credit, guaranties or other supporting obligations covering the Collateral, and any causes of action relating to the Collateral. (ji) All books and records pertaining to any Collateral, including but not limited to any computer-readable memory and any computer hardware or software necessary to process such memory (“Books and Records”).

The Security. The Debtor hereby assigns and grants to the holders of the Notes (as defined in Section 2) (together, the “Secured Parties”) a pari passu security interest in the following described property, now owned or hereafter acquired by the Debtor and wherever located (“Collateral”): (a) All accounts, contract rights, chattel paper, instruments, deposit accounts, letter of credit rights, payment intangibles and general intangibles and all returned or repossessed goods which, on sale or lease, resulted in an account or chattel paper. (c) All securities of any type or any other ownership interest in any business or venture of any nature, securities entitlements, securities accounts, investment property, instruments, chattel paper, and electronic chattel paper and Debtor’s 's books relating to the foregoing. (d) All inventory, including all materials, work in process and finished goods. (e) All machinery, furniture, fixtures and other equipment of every type. (f) All general intangibles, including, but not limited to, (i) all patents, and all unpatented or unpatentable inventions; (ii) all trademarks, service marks, and trade names; (iii) all copyrights and literary rights; (iv) all computer software programs; (v) all mask works of semiconductor chip products; (vi) all trade secrets, proprietary information, customer lists, manufacturing, engineering and production plans, drawings, specifications, processes and systems. The Collateral shall include all good will connected with or symbolized by any of such general intangibles; all contract rights, documents, applications, licenses, materials and other matters related to such general intangibles; all tangible property embodying or incorporating any such general intangibles; and all chattel paper and instruments relating to such general intangibles. (g) All negotiable and non-negotiable documents of title covering any Collateral. (h) All accessions, attachments and other additions to the Collateral, and all tools, parts and equipment used in connection with the Collateral. (i) All substitutes or replacements for any Collateral, all cash or non-cash proceeds, products, rents and profits of any Collateral, all income, benefits and property receivable on account of the Collateral, all rights under warranties and insurance contracts, letters of credit, guaranties or other supporting obligations covering the Collateral, and any causes of action relating to the Collateral. (j) All books and records pertaining to any Collateral, including but not limited to any computer-readable memory and any computer hardware or software necessary to process such memory (“Books and Records”).