Common use of Grant of Security Interest and Pledge Clause in Contracts

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. (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 Senior 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. (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 Senior 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"):