Common use of Grant of Transaction Liens Clause in Contracts

Grant of Transaction Liens. (a) In order to secure [its Secured Guarantee]3 [the Secured Obligations]4, the Pledgor grants to the Secured Party a continuing security interest in all the following property of the Pledgor, whether now owned or existing or hereafter acquired or arising and regardless of where located (the New Collateral ): [describe property being added to the Collateral]5

Appears in 3 contracts

Samples: Guarantee and Pledge Agreement, Guarantee and Pledge Agreement, Guarantee and Pledge Agreement

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Grant of Transaction Liens. (a) In order to secure [its Secured Guarantee]3 [the Secured Obligations]4, the Pledgor grants to the Secured Party a continuing security interest in all the following property of the Pledgor, whether now owned or existing or hereafter acquired or arising and regardless of where located (the New Collateral Collateral”): [describe property being added to the Collateral]5

Appears in 2 contracts

Samples: Credit Agreement (American International Group Inc), Guarantee and Pledge Agreement (American International Group Inc)

Grant of Transaction Liens. (a) In order to secure [its Secured Guarantee]3 Guarantee] (3) [the Secured Obligations]4Obligations] (4), the Pledgor grants to the Collateral Agent for the benefit of the Secured Party Parties a continuing security interest in all the following property of the Pledgor, whether now owned or existing or hereafter acquired or arising and regardless of where located (the New Collateral "NEW COLLATERAL"): [describe property being added to the Collateral]5Collateral]

Appears in 1 contract

Samples: Pledge Agreement (McDermott International Inc)

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Grant of Transaction Liens. (a) In order to secure [its Secured Guarantee]3 [the Secured Obligations]4, the Pledgor grants to the Secured Party a continuing security interest in all the following property of the Pledgor, whether now owned or existing or hereafter acquired or arising and regardless of where located (the New Collateral ): [describe property being added to the Collateral]5):

Appears in 1 contract

Samples: Guarantee and Pledge Agreement

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