Common use of Grant of Security and Pledge Clause in Contracts

Grant of Security and Pledge. Each of the Grantors hereby transfers, grants, bargains, sells, conveys, hypothecates, assigns, pledges and sets over to the Agent for its benefit and the ratable benefit of the Banks and hereby grants to the Agent for its benefit and the ratable benefit of the Banks, a pledge and security interest in all of the Grantors' right, title and interest in and to the following (the "Collateral") which pledge and security interest shall have the priorities set forth in Orders and shall be subject to the Carve-Out:

Grant of Security and Pledge. Each of the Grantors hereby transfers, grants, bargains, sells, conveys, hypothecates, assigns, pledges and sets over to the Agent for its benefit and the ratable benefit of the Banks and hereby grants to the Agent for its benefit and the ratable benefit of the Banks, a perfected pledge and security interest in all of the each Grantors' right, title and interest in and to the following (the "Collateral") ), which pledge and security interest shall have be subject to the priorities set forth in Orders and shall be subject to Section 2.23 of the Carve-OutCredit Agreement:

Grant of Security and Pledge. Each of the Grantors hereby transfers, grants, bargains, sells, conveys, hypothecates, assigns, pledges and sets over to the Agent for its benefit and the ratable benefit of the Banks Lender and hereby grants to the Agent for its benefit and the ratable benefit of the BanksLender, a perfected pledge and security interest in all of the Grantors' such Grantor's right, title and interest in and to the following (the "Collateral") which pledge and security interest shall have the priorities set forth in the Orders and shall be subject to the Carve-Out:

Grant of Security and Pledge. Each of the Grantors hereby transfers, grants, bargains, sells, conveys, hypothecates, assigns, pledges and sets over to the Agent for its benefit and the ratable benefit of the Banks and hereby grants to the Agent for its benefit and the ratable benefit of the Banks, a perfected pledge and security interest in all of the Grantors' right, title and interest in and to the following (the "Collateral") ), which pledge and security interest shall have be (x) junior to the priorities set forth in Orders Permitted Senior Liens hereinafter referred to and shall be (y) subject to the Carve-Out: