Common use of Assignment; Grant of Security Interests Clause in Contracts

Assignment; Grant of Security Interests. As collateral security for the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the Secured Obligations, each of the Borrower, the Importer and the Guarantor hereby separately pledges and grants to the Collateral Agent, for the benefit of the Secured Parties as hereinafter provided, a continuing first priority security interest in all of its respective right, title and interest in, to and under the following Property (collectively, the “Collateral”):

Assignment; Grant of Security Interests. As collateral security for the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) and performance of the Secured Obligations, each of the Borrower, the Importer and the Guarantor Grantor hereby separately pledges and grants to the Collateral Agent, for the benefit of the Secured Parties as hereinafter provided, a continuing first priority security interest (subject only to Permitted Liens) in all of its respective right, title and interest in, to and under any and all present and after acquired personal property of such Grantor and any and all of the following Property (collectivelyproperty, regardless of where located, including the “Collateral”):following:

Assignment; Grant of Security Interests. As collateral security for the prompt payment in full when due (whether at stated maturity, by acceleration or otherwise) of the Secured Obligations, each of the Borrower, the Importer Borrower and the Guarantor Aracruz Celulose hereby separately pledges and grants to the U.S. Collateral Agent, for the benefit of the Secured Parties as hereinafter provided, a continuing first priority security interest in all of its respective right, title and interest in, to and under the following Property (collectively, the “Collateral”):