Grant of Security Interest and Pledge. 4.1.1 Borrower hereby grants to the Lender, to secure the payment and performance in full of all of the Obligations, a first position priority security interest in the Collateral, wherever located, whether now owned or hereafter acquired or arising, and all proceeds and products thereof. Borrower represents, warrants, and covenants that the security interest granted herein is and shall at all times continue to be a first priority perfected security interest in the Collateral, and Borrower shall make appropriate entries upon its financial statements and books and records disclosing Lender’s first position priority security interest and lien in the Collateral.
Grant of Security Interest and Pledge. Each of the Pledgors hereby pledges, assigns, charges, mortgages, delivers and transfers to the Agent, for the benefit of the Secured Parties, and hereby grants to the Agent, for the benefit of the Secured Parties, a continuing pledge and security interest in and to, all of the following Property of such Pledgor, whether now owned or hereafter acquired or existing (all of such Property being the "Pledged Collateral"):
Grant of Security Interest and Pledge. As collateral security for the payment and performance in full of all the Secured Obligations, each Grantor hereby (a) grants to the Collateral Agent for its benefit and for the benefit of the Credit Parties a lien on and security interest in and to, and (b) pledges, mortgages and hypothecates to the Collateral Agent for its benefit and the benefit of the Credit Parties, in each case, all of the right, title and interest of such Grantor in, to and under all of the following personal property and interests in property, wherever located, and whether now existing or hereafter arising or acquired from time to time (collectively, the “Collateral”):
Grant of Security Interest and Pledge. (a) As collateral security for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration, or otherwise) of all the Secured Obligations and to induce Agent and each Holder to enter into the Purchase Agreement and to make the Convertible Note Loans in accordance with the terms thereof, each Grantor hereby assigns, conveys, mortgages, pledges, hypothecates, and transfers to Agent for the ratable benefit of Holders, and hereby grants to Agent for the ratable benefit of Holders, a security interest in, all of such Grantor's right, title and interest in, to, and under the following (all of which being hereinafter collectively called the "COLLATERAL"):
Grant of Security Interest and Pledge. 2.1 For value received, receipt of which is hereby acknowledged, each Pledgor hereby grants to Bank a first priority security interest in and lien upon the Collateral as security for the Debt and all costs, expenses and attorneys’ fees incurred by Bank in collecting the Debt or enforcing this Agreement and/or any instrument(s) evidencing the Debt. Each Pledgor is executing and delivering this Agreement to Bank in consideration of the premises and for other valuable consideration. Each Pledgor understands that Bank is willing to advance funds to such Pledgor only upon certain terms and conditions, one of which is that such Pledgor grant Bank a security interest in the Collateral as security for the Debt.
Grant of Security Interest and Pledge. (a) Pledgor hereby grants to Lender a first priority security interest in and lien upon the Collateral as security for the Debt and all costs, expenses and attorneys' fees incurred by Lender in collecting the Debt or enforcing the Loan Agreement and the Note.
Grant of Security Interest and Pledge. To secure the prompt and complete payment and performance of the Secured Obligations, the Grantor, subject to the terms and conditions of this Agreement, hereby pledges, assigns and grants to the Trustee, on behalf of and for the benefit of the Holders, a security interest (which interest shall constitute a first priority security interest) in all of Grantor’s right, title and interest, whether now owned or hereafter acquired, in and to the Collateral.
Grant of Security Interest and Pledge. Obligor hereby grants to Secured Party a security interest in Obligor's right, title, and interest in the following "Collateral," whether now owned or hereafter acquired:
Grant of Security Interest and Pledge. As security for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of all of the Obligations due Secured Party, Pledgor hereby pledges, assigns, hypothecates, transfers and delivers to Secured Party, and grants to Secured Party, a first lien on and continuing security interest in the following property, whether now existing or hereafter acquired (collectively, the "Collateral"):
Grant of Security Interest and Pledge. Pledgor, for itself and its successors, assigns, and legal representatives, hereby pledges and assigns unto Secured Party for the ratable benefit of itself and the Lenders, and grants to Secured Party, for the ratable benefit of itself and the Lenders, a first lien and security interest in, the Collateral (described in Article II of this Shares Pledge) to secure (a) the punctual payment when due of any and all principal, interest, Fees, costs, expenses and other sums owed (i) by Borrower under the Loan Documents, and (ii) by Guarantor under the Guarantee (collectively, "Indebtedness"), and (b) the due and punctual performance and observance of all covenants required hereunder or required of Borrower and Guarantor, respectively, under the Loan Documents and Guarantee, or to be performed or observed by the Pledgor, Borrower and Guarantor in respect therewith ("Obligations").
