All monies debenture. The chargor shall not create or permit to subsist any security interest over all or on any of its assets present or future rights, claims, revenues or assets other than any permitted security interest.

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All monies assignment and charge. The chargor covenants with the security trustee that, unless otherwise agreed in writing by the security trustee, it shall:. (A) not create, agree or attempt to create or permit any security interest other than the security to subsist over or in respect of any of the security assets:.

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