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 hereby pledges to the Pledgee, as the case may be and to the extent permitted by law in advance, all of its Collateral.

Appears in 1 contract

Samples: Credit Agreement (Coherent Inc)

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Creation of pledge over Collateral. As security for the payment when due of the Secured ObligationsObligations the Pledgor, as the Pledgor case may be in advance, hereby pledges 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 and to the extent permitted by law in advance, all hereby accepts this right of its Collateralpledge.

Appears in 1 contract

Samples: www.gasgovernance.co.uk

Creation of pledge over Collateral. As security for the payment when due of the Secured Obligations, the Pledgor hereby pledges to the Pledgee, as the case may be where applicable and to the extent permitted by law in advance, all of its Collateral. The Pledgee, where applicable and to the extent permitted by law in advance, hereby accepts such right of pledge.

Appears in 1 contract

Samples: Receivables Pledge Agreement (Transocean Ltd.)

Creation of pledge over Collateral. As security for the payment when due of the Secured Obligations, each Pledgor, as the Pledgor case may be in advance, hereby pledges grants to the Pledgee, as applicable by way of third party security, a right of pledge over its Collateral. The Pledgee, as the case may be and to the extent permitted by law in advance, all hereby accepts this right of its Collateral.pledge. Security intent

Appears in 1 contract

Samples: Credit Agreement (Sprague Resources LP)

Creation of pledge over Collateral. As security for the payment when due of the Secured Obligations, the Pledgor Pledgor, as the case may be in advance, hereby pledges grants to the Pledgee a right of pledge over its Collateral. The Pledgee, as the case may be and to the extent permitted by law in advance, all hereby accepts this right of its Collateral.pledge. Creation of pledge over receivables with future debtors The Pledgor will sign a Supplemental Pledge Deed in connection with one or more additional:

Appears in 1 contract

Samples: Credit Agreement (Sprague Resources LP)

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Creation of pledge over Collateral. As security for the payment when due of the Secured Obligations, the each Pledgor hereby pledges to the Pledgee, as the case may be where applicable and to the extent permitted by law in advance, all of its Collateral. The Pledgee, where applicable and to the extent permitted by law in advance, hereby accepts such rights of pledge.

Appears in 1 contract

Samples: Dutch Pledge Agreement (Frank's International N.V.)

Creation of pledge over Collateral. As security for the payment when due of the Secured Obligations, each Pledgor, as the Pledgor case may be in advance, hereby pledges grants to the Pledgee a right of (where applicable: third party) pledge over its Collateral. The Pledgee, as the case may be and to the extent permitted by law in advance, all hereby accepts these rights of its Collateralpledge.

Appears in 1 contract

Samples: Charter Agreement (Knightsbridge Shipping LTD)

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