Common use of Grant by Individual Grantors Clause in Contracts

Grant by Individual Grantors. To secure the prompt and complete payment and performance of the Secured Obligations, the Individual Grantors hereby pledge the Equity Collateral to the Trustee, on behalf of and for the benefit of the Holders.

Appears in 4 contracts

Samples: Pledge and Security Agreement, Pledge and Security Agreement (GWG Life, LLC), Pledge and Security Agreement (GWG Holdings, Inc.)

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Grant by Individual Grantors. To secure the prompt and complete payment and performance of the Secured Obligations, the Individual Grantors Grantors, subject to the terms and conditions of this Security Agreement, hereby pledge the Equity Collateral to the Trustee, on behalf of and for the benefit of the Holders.

Appears in 2 contracts

Samples: Pledge and Security Agreement (GWG Holdings, Inc.), Pledge and Security Agreement (GWG Life, LLC)

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