Common use of Grant and Pledge Clause in Contracts

Grant and Pledge. As security for the punctual payment or performance, as the case may be, of the Secured Obligations of such Pledgor, howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, now or hereafter existing or due or to become due, in accordance with the terms hereof, each Pledgor hereby bargains, sells, conveys, assigns, sets over, mortgages, pledges, hypothecates and transfers to the Agent, its successors and assigns, for the ratable benefit of the Secured Parties and hereby grants to the Agent, its successors and assigns, for the benefit of the Secured Parties, a security interest in, all of such Pledgor's right, title and interest in, to and under the following whether now existing or hereafter acquired (all of which are herein sometimes collectively referred to as the "Collateral"): (i) all Receivables of such Pledgor; and (ii) all Pledged Securities of such Pledgor; (iii) all General Intangibles of such Pledgor; and (iv) to the extent not otherwise included, all Proceeds and products of any and all of the foregoing, whether existing on the date hereof or hereafter arising; together with all right, title, interest, powers, privileges and preferences pertaining or incidental thereto, unto the Agent, its successors and assigns, for the ratable benefit of the Secured Parties; subject, however, to the terms, covenants and conditions hereinafter set forth.

Grant and Pledge. As security for the punctual payment or performance, as the case may be, of the Secured Obligations of such Pledgor, howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, now or hereafter existing or due or to become due, in accordance with the terms hereof, each Pledgor hereby bargains, sells, conveys, assigns, sets over, mortgages, pledges, hypothecates and transfers to the Collateral Agent, its successors and assigns, for the ratable benefit of the Secured Parties and hereby grants to the Collateral Agent, its successors and assigns, for the benefit of the Secured Parties, a security interest in, all of such Pledgor's right, title and interest in, to and under the following whether now existing or hereafter acquired (all of which are herein sometimes collectively referred to as the "Collateral"): (i) all Receivables of such Pledgor; and (ii) all Pledged Securities of such Pledgor; (iiiii) all General Intangibles of such Pledgor; and (iviii) to the extent not otherwise included, all Proceeds and products of any and all of the foregoing, whether existing on the date hereof or hereafter arising; . TO HAVE AND TO HOLD the Collateral, together with all all, right, title, interest, powers, privileges and preferences pertaining or incidental thereto, unto the Collateral Agent, its successors and assigns, for the ratable benefit of the Secured Parties, forever; subject, however, to the terms, covenants and conditions hereinafter set forth.

Grant and Pledge. As security for the punctual payment or performance, as the case may be, of the Secured Obligations of such Pledgor, howsoever created, arising or evidenced, whether direct or indirect, absolute or contingent, now or hereafter existing or due or to become due, in accordance with the terms hereof, each Pledgor hereby bargains, sells, conveys, assigns, sets over, mortgages, pledges, hypothecates and transfers to the Administrative Agent, its successors and assigns, for the ratable benefit of the Secured Parties and hereby grants to the Administrative Agent, its successors and assigns, for the benefit of the Secured Parties, a security interest in, all of such Pledgor's right, title and interest in, to and under the following whether now existing or hereafter acquired (all of which are herein sometimes collectively referred to as the "CollateralCOLLATERAL"): (i) all Receivables of such Pledgor; and (ii) all Pledged Securities of such Pledgor; (iiiii) all General Intangibles of such Pledgor; and (iviii) to the extent not otherwise included, all Proceeds and products of any and all of the foregoing, whether existing on the date hereof or hereafter arising; . TO HAVE AND TO HOLD the Collateral, together with all right, title, interest, powers, privileges and preferences pertaining or incidental thereto, unto the Administrative Agent, its successors and assigns, for the ratable benefit of the Secured Parties, forever; subjectSUBJECT, howeverHOWEVER, to the terms, covenants and conditions hereinafter set forth.