Borrower Secured Obligations. All other payments with respect to Borrower Secured Obligations shall be made to the extent Borrower Available Funds are sufficient for such distribution in accordance with the Priority of Payments.
Borrower Secured Obligations. As a security for the full and timely payment of all amounts by the Borrower to the Lender as provided in this Agreement relating to the Borrower Secured Obligations, the Borrower hereby absolutely and unconditionally pledges and charges and first ranking assignment by way of fixed pledge and security over the Borrower online stores (including [***] and [***] once acquired), and a floating pledge and security over the current and future cash and cash equivalents of Borrower (the “Borrower Pledged Rights” and together with the Stockholder Pledged Rights, the “Pledged Rights”).
