Grant of Pledge. (a) Each Pledgor hereby pledges to the Administrative Agent, and grants to the Administrative Agent, for the benefit of the Secured Parties, a continuing security interest in, the Pledged Collateral, as defined in Section 2.02 below. This Pledge Agreement shall secure the Secured Obligations.
Grant of Pledge. Subject in each case to the terms and conditions under the Intercreditor Agreement, each Pledgor hereby pledges to the Administrative Agent, and grants to the Administrative Agent, for its benefit and the benefit of the Secured Parties, a continuing lien on and security interest in the Collateral, as defined in Section 2(b) below. This Pledge Agreement shall secure all Obligations of the Pledgors now or hereafter existing under the Credit Agreement and the other Loan Documents to which any Pledgor is a party, including any extensions, modifications, substitutions, amendments, and renewals thereof, whether for principal, interest, fees, expenses, indemnifications or otherwise, in each case including the payment of amounts which would become due but for the operation of the automatic stay under Section 362(a) of the United States Bankruptcy Code, 11 U.S.C. §§ 101 et seq., as amended. All such obligations shall be referred to in this Pledge Agreement as the “Secured Obligations”.
Grant of Pledge. (a) Each Pledgor hereby pledges to the Secured Party, and grants to the Secured Party, for the benefit of the Beneficiaries, a continuing security interest in, the Pledged Collateral, as defined in Section 2.02 below. This Pledge Agreement shall secure all Obligations now or hereafter existing, including any extensions, modifications, substitutions, amendments, and renewals thereof, whether for principal, interest, fees, expenses, indemnifications or otherwise. All such obligations shall be referred to in this Pledge Agreement as the “Secured Obligations”.
Grant of Pledge. (a) Each Pledgor hereby pledges to the Secured Party, and grants to the Secured Party, for the benefit of the Credit Parties, a continuing security interest in, the Pledged Collateral, as defined in Section 2.02 below. This Pledge Agreement shall secure (i) all Obligations now or hereafter existing, including any extensions, modification, substitutions, amendments, and renewals thereof, whether for principal, interest (including post-petition interest), fees, expenses, indemnifications or otherwise, and (ii) all other indebtedness, obligations and liabilities of any of the Pledgors owing to any of the Credit Parties, now or hereafter existing, in each case, with respect to any letter of credit issued by the Issuing Lender or another Lender in connection with Hydrocarbon Hedge Agreements or Interest Hedge Agreements which are not prohibited by the terms of Section 6.14 of the Credit Agreement. All such obligations shall be referred to in this Pledge Agreement as the “Secured Obligations”.
Grant of Pledge. Pledgor does hereby pledge, assign, transfer and deliver to Lender, a continuing security interest in the Collateral to secure the Obligations.
Grant of Pledge. (a) Each Pledgor hereby pledges to the Collateral Trustee, and grants to the Collateral Trustee, for the benefit of the Secured Parties, a continuing security interest in, the Pledged Collateral, as defined in Section 2.02
Grant of Pledge. The Pledgor hereby pledges to the Secured Party for its benefit and the ratable benefit of the other Credit Parties the Pledged Collateral, as defined in Section 2.02
Grant of Pledge. As security for the punctual payment and performance in full when due of the Obligations and Hedge Obligations (as defined in the Credit Agreement), each Pledgor does hereby grant, and pledge a continuing lien on, and security interest in, all of its right, title, and interest in and to the Collateral.
Grant of Pledge. (a) Each Pledgor hereby pledges to the Administrative Agent, and grants to the Administrative Agent, for the benefit of the Secured Parties, a continuing security interest in, the Pledged Collateral, as defined in Section 2.02 below. This Pledge Agreement shall secure all Obligations now or hereafter existing, including any extensions, modifications, substitutions, amendments, restatements and renewals thereof, whether for principal, interest, fees, expenses, indemnification or otherwise, and including any post-petition interest in the event of a bankruptcy, to the extent such interest is enforceable by law. All such obligations shall be collectively referred to in this Pledge Agreement as the “Secured Obligations.” The grant of security in and Lien on the Pledged Collateral described herein shall be in addition to, and not in limitation of, the grant of a security interest and Lien on the “Collateral” (as defined in the Security Agreement) by the “Grantors” named in the Security Agreement.
Grant of Pledge. As continuing security for the due and punctual fulfilment of the Secured Liabilities, the Pledgor hereby irrevocably and unconditionally pledges (with the priority as between the Secured Creditors as set out in the STID) to the Secured Creditors, represented by the Security Trustee, all its title, right and interest in, to and under the Security Assets.
