Grant of Security Interest by Additional Account Parties. As security for the prompt payment in full in cash and performance of all Obligations, each of the Additional Account Parties hereby pledges to the First Priority Collateral Agent for the benefit of the Lender Parties, and hereby grants a continuing security interest to the First Priority Collateral Agent for the benefit of the Lender Parties in all of each such Additional Account Party’s right, title and interest, in, to, and under, whether now or hereafter existing, owned or acquired and wherever located and howsoever created, arising or evidenced, all of the following:
Appears in 2 contracts
Samples: First Priority Pledge and Security Agreement and Irrevocable Proxy, First Priority Pledge and Security Agreement and Irrevocable Proxy (Residential Capital, LLC)
Grant of Security Interest by Additional Account Parties. As security for the prompt payment in full in cash and performance of all Obligations, each of the Additional Account Parties hereby pledges to the First Third Priority Collateral Agent for the benefit of the Lender Secured Parties, and hereby grants a continuing security interest to the First Third Priority Collateral Agent for the benefit of the Lender Secured Parties in in, all of each such Additional Account Party’s right, title and interest, in, to, and under, whether now or hereafter existing, owned or acquired and wherever located and howsoever created, arising or evidenced, all of the following:
Appears in 1 contract
Samples: Third Priority Pledge and Security Agreement and Irrevocable Proxy (Residential Capital, LLC)
Grant of Security Interest by Additional Account Parties. As security for the prompt payment in full in cash and performance of all Obligations, each of the Additional Account Parties hereby pledges to the First Second Priority Collateral Agent for the benefit of the Lender Notes Parties, and hereby grants a continuing security interest to the First Second Priority Collateral Agent for the benefit of the Lender Notes Parties in in, all of each such Additional Account Party’s right, title and interest, in, to, and under, whether now or hereafter existing, owned or acquired and wherever located and howsoever created, arising or evidenced, all of the following:
Appears in 1 contract
Samples: Second Priority Pledge and Security Agreement and Irrevocable Proxy (Residential Capital, LLC)