Common use of Duration of Security Interest Clause in Contracts

Duration of Security Interest. The Bank shall hold the Pledged Shares upon the terms and provisions of this Pledge Agreement and the security interest in the Pledged Shares granted to the Bank pursuant to this Pledge Agreement shall continue until Notes have been paid in full to the Bank.

Appears in 1 contract

Samples: Stock Pledge and Security Agreement (Premier Financial Bancorp Inc)

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Duration of Security Interest. The Bank Bankers’ shall hold the Pledged Shares upon the terms and provisions of this Pledge Agreement and the security interest in the Pledged Shares granted to the Bank Bankers’ pursuant to this Pledge Agreement shall continue until Notes have Note has been paid in full to the BankBankers’.

Appears in 1 contract

Samples: Stock Pledge and Security Agreement (Premier Financial Bancorp Inc)

Duration of Security Interest. The Bank shall hold the Pledged Shares upon the terms and provisions provision of this Pledge Agreement and the security interest in the Pledged Shares Collateral granted to the Bank pursuant to this Pledge Agreement shall continue until Notes all of the Secured Obligations have been paid and performed in full to the Bank.

Appears in 1 contract

Samples: Stock Pledge Agreement (Freedom Financial Corporation/In/)

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Duration of Security Interest. The Bank shall hold the Pledged Shares upon the terms and provisions of this Pledge Agreement and the security interest in the Pledged Shares granted to the Bank pursuant to this Pledge Agreement shall continue until Notes Note have been paid in full to the Bank.

Appears in 1 contract

Samples: Stock Pledge and Security Agreement (Premier Financial Bancorp Inc)

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