Common use of Grant of Security Interest by Grantors Clause in Contracts

Grant of Security Interest by Grantors. As security for the prompt payment in full in cash and performance of all Obligations, each of the Grantors hereby pledges to the Secured Party and hereby grants a continuing security interest to the Secured Party in all of each such Grantor’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: Pledge and Security Agreement (Residential Capital, LLC), First Amendment Agreement (Residential Capital, LLC)

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Grant of Security Interest by Grantors. As security for the prompt payment in full in cash and performance of all Obligations, each of the Grantors has pledged and hereby pledges to the Secured Party and has granted and hereby grants a continuing security interest to the Secured Party in all of each such Grantor’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 Amendment Agreement, Second Amendment Agreement

Grant of Security Interest by Grantors. As security for the prompt payment in full in cash and performance of all Obligations, each of the Grantors hereby pledges to the Secured Party Lender Agent for the benefit of the Lender Parties, and hereby grants a continuing security interest to the Secured Party in Lender Agent for the benefit of the Lender Parties in, all of each such Grantor’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: Pledge and Security Agreement, Pledge and Security Agreement (Residential Capital, LLC)

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Grant of Security Interest by Grantors. As security for the prompt payment in full in cash and performance of all Obligations, each of the Grantors hereby pledges has pledged to the Secured Party Party, and has granted and hereby grants a continuing security interest to the Secured Party in in, all of each such Grantor’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: Pledge and Security Agreement and Irrevocable Proxy

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