Common use of Creation of pledge over Collateral Clause in Contracts

Creation of pledge over Collateral. As security for the payment when due of the Secured Obligations the Pledgor, as the case may be in advance, hereby grants to the Pledgee a right of pledge over its Collateral owing to it from time to time by an Existing Bank. The Pledgee, as the case may be in advance, hereby accepts this right of pledge.

Creation of pledge over Collateral. As security for the payment when due of the Secured Obligations Obligations, each Pledgor hereby pledges to the PledgorPledgee, as where applicable and to the case may be extent permitted by law in advance, hereby grants to the Pledgee a right of pledge over all its Collateral owing to it from time to time by an Existing BankCollateral. The Pledgee, as where applicable and to the case may be extent permitted by law in advance, hereby accepts this right such rights of pledge.

Creation of pledge over Collateral. As security for the payment when due of the Secured Obligations the Obligations, each Pledgor, as the case may be in advance, hereby grants to the Pledgee Pledgee, as applicable by way of third party security, a right of pledge over its Collateral owing to it from time to time by an Existing BankCollateral. The Pledgee, as the case may be in advance, hereby accepts this right of pledge.

Creation of pledge over Collateral. As security for the payment when due of the Secured Obligations Obligations, the Pledgor, as the case may be in advance, Pledgor hereby grants pledges to the Pledgee a right of pledge over its Collateral owing to it from time to time by an Existing Bank. The Pledgee, as the case may be and to the extent permitted by law in advance, hereby accepts this right all of pledgeits Collateral.

Creation of pledge over Collateral. As security for the payment when due of the Secured Obligations Obligations, the PledgorPledgor hereby pledges to the Pledgee, as where applicable and to the case may be extent permitted by law in advance, hereby grants to the Pledgee a right of pledge over all its Collateral owing to it from time to time by an Existing BankCollateral. The Pledgee, as where applicable and to the case may be extent permitted by law in advance, hereby accepts this such right of pledge.

Creation of pledge over Collateral. As security for the payment when due of the Secured Obligations Obligations, the Pledgor, as the case may be in advance, hereby grants to the Pledgee a right of pledge over its Collateral owing to it from time to time by an Existing BankCollateral. The Pledgee, as the case may be in advance, hereby accepts this right of pledge.. The Pledgor will sign a Supplemental Pledge Deed in connection with one or more additional:

Creation of pledge over Collateral. As security for the payment when due of the Secured Obligations the Obligations, each Pledgor, as the case may be in advance, hereby grants to the Pledgee a right of (where applicable: third party) pledge over its Collateral owing to it from time to time by an Existing BankCollateral. The Pledgee, as the case may be in advance, hereby accepts this right these rights of pledge.