Common use of Creation of the Pledge Clause in Contracts

Creation of the Pledge. As continuing security for the full payment, discharge and performance of the Relevant Secured Liabilities, the Pledgor hereby pledges to the Pledgee all the Relevant Pledged Assets which are at present or are in the future deposited in the GC Pooling Re-use Pledged Securities Account(s) and hereby grants to the Pledgee the Pledge (“gage”) over such Relevant Pledged Assets.

Creation of the Pledge. As continuing security for the due and full payment, discharge and performance of the Relevant Secured Liabilities, the Pledgor hereby pledges to the Pledgee all the Relevant Pledged Assets which are at present or are in the future deposited in the GC Pooling ReNon-use CmaX Pledged Securities Account(s) and hereby grants to the Pledgee the a Pledge (“gage”) over such Relevant Pledged Assets.

Creation of the Pledge. As continuing security for the full payment, discharge and performance payment when due of the Relevant Secured Liabilities, the Pledgor Pledgor, hereby pledges to the Pledgee all the Relevant Pledged Assets which are at present or are in the future deposited in the GC Pooling Re-use Pledged Securities Account(s) and hereby grants to the Pledgee a first ranking pledge in the Pledge (“gage”) over such Relevant Pledged Assets. The Pledgee and the Company accept and acknowledge the Pledge.