Common use of Original Pledge Clause in Contracts

Original Pledge. As collateral security for the payment and/or performance of all of Pledgor's presently existing or hereinafter arising obligations and liabilities to Pledgee under the Note, Pledgor hereby pledges, grants and assigns to Pledgee a continuing security interest in the following: (i) Twenty thousand (20,000) shares of the Common Stock of Staar Surgical Company (the "Stock"); and (ii) the proceeds of the Stock including, without limitation, any and all dividends, cash, instruments and other property from time-to-time received, receivable, or otherwise distributed in respect of or in exchange for any of the Stock ("Proceeds"). (The Stock and the Proceeds shall hereinafter be collectively referred to as the "Collateral").

Appears in 1 contract

Samples: Stock Pledge Agreement (Staar Surgical Company)

AutoNDA by SimpleDocs

Original Pledge. As collateral security for the payment and/or --------------- performance of all of Pledgor's presently existing or hereinafter arising obligations and liabilities to Pledgee under the Note, Pledgor hereby pledges, grants and assigns to Pledgee a continuing security interest in the following: (i) Twenty One hundred and fifty five thousand (20,000155,000) shares of the Common Stock of Staar Surgical Company (the "Stock"); and (ii) the proceeds of the Stock including, without limitation, any and all dividends, cash, instruments and other property from time-to-time received, receivable, or otherwise distributed in respect of or in exchange for any of the Stock ("Proceeds"). (The Stock and the Proceeds shall hereinafter be collectively referred to as the "Collateral").

Appears in 1 contract

Samples: Stock Pledge Agreement (Staar Surgical Company)

Original Pledge. As collateral security for the payment and/or --------------- performance of all of Pledgor's presently existing or hereinafter arising obligations and liabilities to Pledgee under the Note, Pledgor hereby pledges, grants and assigns to Pledgee a continuing security interest in the following: (i) Twenty Eighty five thousand (20,00085,000) shares of the Common Stock of Staar Surgical Company (the "Stock"); and (ii) the proceeds of the Stock including, without limitation, any and all dividends, cash, instruments and other property from time-to-time received, receivable, or otherwise distributed in respect of or in exchange for any of the Stock ("Proceeds"). (The Stock and the Proceeds shall hereinafter be collectively referred to as the "Collateral").

Appears in 1 contract

Samples: Stock Pledge Agreement (Staar Surgical Company)

Original Pledge. As collateral security for the payment and/or performance of all of Pledgor's presently existing or hereinafter arising obligations and liabilities to Pledgee under the Note, Pledgor hereby pledges, grants and assigns to Pledgee a continuing first-priority security interest in the following: (i) Twenty four hundred thousand (20,000400,000) shares of the Common Stock common stock of Staar STAAR Surgical Company and all certificates evidencing such shares (the "Stock"); and (ii) the proceeds of the Stock including, without limitation, any and all dividends, cash, instruments and other property from time-to-time received, receivable, or otherwise distributed in respect of or in exchange for any of the Stock ("Proceeds"). (The Stock and the Proceeds shall hereinafter be collectively referred to as the "Collateral.").

Appears in 1 contract

Samples: Stock Pledge Agreement (Staar Surgical Company)

Original Pledge. As collateral security for the payment and/or --------------- performance of all of Pledgor's presently existing or hereinafter arising obligations and liabilities to Pledgee under the Note, Pledgor hereby pledges, grants and assigns to Pledgee a continuing security interest in the following: (i) Twenty Ninety two thousand five hundred (20,00092,500) shares of the Common Stock of Staar Surgical Company (the "Stock"); and (ii) the proceeds of the Stock including, without limitation, any and all dividends, cash, instruments and other property from time-to-time received, receivable, or otherwise distributed in respect of or in exchange for any of the Stock ("Proceeds"). (The Stock and the Proceeds shall hereinafter be collectively referred to as the "Collateral").

Appears in 1 contract

Samples: Stock Pledge Agreement (Staar Surgical Company)

AutoNDA by SimpleDocs

Original Pledge. As collateral security for the payment ---------------- and/or performance of all of Pledgor's presently existing or hereinafter arising obligations and liabilities to Pledgee under the Note, Pledgor hereby pledges, grants and assigns to Pledgee a continuing security interest in the following: (i) Twenty thousand One Million (20,0001,000,000) shares of the Common Stock of Staar Surgical Company NuWay Energy, Inc. (the "Stock"); and (ii) the proceeds of the Stock including, without limitation, any and all dividends, cash, instruments and other property from time-to-time received, receivable, or otherwise distributed in respect of or in exchange for any of the Stock ("Proceeds"). (The Stock and the Proceeds shall hereinafter be collectively referred to as the "Collateral").

Appears in 1 contract

Samples: Common Stock Purchase Agreement (Nuway Energy Inc)

Original Pledge. As collateral security for the payment and/or --------------- performance of all of Pledgor's presently existing or hereinafter arising obligations and liabilities to Pledgee under the Note, Pledgor hereby pledges, grants and assigns to Pledgee a continuing security interest in the following: (i) One Hundred Twenty thousand Thousand (20,000120,000) shares of the Common Stock of Staar Surgical Company (the "Stock"); and (ii) the proceeds of the Stock including, without limitation, any and all dividends, cash, instruments and other property from time-to-time received, receivable, or otherwise distributed in respect of or in exchange for any of the Stock ("Proceeds"). (The Stock and the Proceeds shall hereinafter be collectively referred to as the "Collateral").

Appears in 1 contract

Samples: Stock Pledge Agreement (Staar Surgical Company)

Original Pledge. As collateral security for the payment and/or --------------- performance of all of Pledgor's presently existing or hereinafter arising obligations and liabilities to Pledgee under the Note, Pledgor hereby pledges, grants and assigns to Pledgee a continuing security interest in the following: (i) Twenty Two hundred four thousand (20,000204,000) shares of the Common Stock of Staar STAAR Surgical Company (the "Stock"); and (ii) the proceeds of the Stock including, without limitation, any and all dividends, cash, instruments and other property from time-to-time received, receivable, or otherwise distributed in respect of or in exchange for any of the Stock ("Proceeds"). (The Stock and the Proceeds shall hereinafter be collectively referred to as the "Collateral").

Appears in 1 contract

Samples: Stock Pledge Agreement (Staar Surgical Company)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!