Common use of Additional Pledge Clause in Contracts

Additional Pledge. As security for the payment and performance of the Secured Obligations, the Grantor hereby: (a) pledges, hypothecates, assigns, charges, mortgages, delivers, sets over, conveys and transfers to the Administrative Agent, for the benefit of the Secured Parties, and grants to the Administrative Agent, for the benefit of the Secured Parties, a security interest in all of the Grantor’s right, title and interest in and to: (i) the shares of Capital Stock and Stock Equivalents more particularly described in Schedule I hereto and the certificates, if any, evidencing such shares (the “Additional Pledged Securities”) and all cash, instruments and other property from time to time received, receivable or otherwise distributed in exchange for any and all of such Additional Pledged Securities; and (ii) all other Collateral (as defined in the Guaranty and Security Agreement) relating to the Additional Pledged Securities (together with the items described in clause (i) above, the “Additional Pledged Collateral”); and (b) delivers to the Administrative Agent, for the benefit of the Secured Parties, all of the Grantor’s right, title and interest in and to the certificates and instruments, if any, evidencing the Additional Pledged Collateral, accompanied by instruments of transfer or assignment, duly executed in blank.

Appears in 3 contracts

Samples: Guaranty and Security Agreement (Apollo Medical Holdings, Inc.), Credit Agreement (Community Healthcare Trust Inc), Credit Agreement (Landmark Infrastructure Partners LP)

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Additional Pledge. As security for the payment and performance of the Secured Obligations, the The Grantor hereby: (a) pledges, hypothecates, assigns, charges, mortgages, delivers, sets over, conveys assigns and transfers grants to the Administrative Agent, for the benefit of the Secured PartiesCreditors, and grants to the Administrative Agent, on behalf of and for the benefit of the Secured PartiesCreditors, and to secure prompt and complete payment and performance of all Secured Obigations, a security interest in all of the Grantor’s right, title and interest in in, to and tounder: (i) the shares of Capital Stock and Stock Equivalents more particularly described in Schedule I hereto and the certificates, if any, evidencing such shares (the “Additional Pledged Securities”) and all cash, instruments and other property from time to time received, receivable or otherwise distributed in exchange for any and all of such Additional Pledged Securities; and (ii) all other Collateral (as defined in the Guaranty and Security Agreement) relating to the Additional Pledged Securities (together with the items described in clause (i) above, the “Additional Pledged Collateral”); and (b) delivers to the Administrative Agent, for the benefit of the Secured PartiesCreditors, all of the Grantor’s right, title and interest in and to the certificates and instruments, if any, evidencing the Additional Pledged Collateral, accompanied by instruments of transfer or assignment, duly executed in blank.

Appears in 1 contract

Samples: Security Agreement (Builders FirstSource, Inc.)

Additional Pledge. As security for the payment and performance of the Secured Obligations, the Grantor hereby: (a) pledges, hypothecates, assigns, charges, mortgages, delivers, sets over, conveys and transfers to the Administrative Agent, for the benefit of the Secured Parties, and grants to the Administrative Agent, for the benefit of the Secured Parties, a security interest in all of the Grantor’s right, title and interest in and to: (i) the shares of Capital Stock and Stock Equivalents more particularly described in Schedule I hereto and the certificates, if any, evidencing such shares (the “Additional Pledged Securities”) and all cash, instruments and other property from time to time received, receivable or otherwise distributed in exchange for any and all of such Additional Pledged Securities; and (ii) all other Collateral (as defined in the Guaranty and Security Agreement) relating to the Additional Pledged Securities (together with the items described in clause (i) above, the “Additional Pledged Collateral”); and (b) delivers to the Administrative Agent, for the benefit of the Secured Parties, all of the Grantor’s right, title and interest in and to the certificates and instruments, if any, evidencing the Additional Pledged Collateral, accompanied by instruments of transfer or assignment, duly executed in blank.

Appears in 1 contract

Samples: Security Agreement (Health Management Associates Inc)

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Additional Pledge. As security for the payment and performance of the Secured Obligations, the Grantor Pledgor hereby: : (a) pledges, hypothecates, assigns, charges, mortgages, delivers, sets over, conveys and transfers to the Administrative Agent, for the benefit of the Secured Parties, and grants to the Administrative Agent, for the benefit of the Secured Parties, a security interest in all of the GrantorPledgor’s right, title and interest in and to: : (i) the shares of Capital Stock Equity Interests and Stock Equivalents more particularly described in Schedule I hereto and the certificates, if any, evidencing such shares (the “Additional Pledged Securities”) and all cash, instruments and other property from time to time received, receivable or otherwise distributed in exchange for any and all of such Additional Pledged Securities; and and (ii) all other Collateral (as defined in the Guaranty and Security Agreement) relating to the Additional Pledged Securities (together with the items described in clause (i) above, the “Additional Pledged Collateral”); and and (b) delivers to the Administrative Agent, for the benefit of the Secured Parties, all of the GrantorPledgor’s right, title and interest in and to the certificates and instruments, if any, evidencing the Additional Pledged Collateral, accompanied by instruments of transfer or assignment, duly executed in blank.US-DOCS\117348706.6

Appears in 1 contract

Samples: Credit Agreement (Tutor Perini Corp)

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