Common use of Perfection of Pledge Clause in Contracts

Perfection of Pledge. (a) Each Pledgor shall, from time to time, as may be required by the Secured Party with respect to all Collateral, immediately take all actions as may be requested by the Secured Party to perfect the security interest of the Secured Party in the Collateral, including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of Section 8-106 of the UCC, each Pledgor shall immediately take all actions as may be requested from time to time by the Secured Party so that control of such Collateral is obtained and at all times held by the Secured Party. All of the foregoing shall be at the sole cost and expense of the Pledgors upon whom such request is made.

Appears in 2 contracts

Samples: Stock Pledge and Security Agreement, Stock Pledge and Security Agreement (Chanticleer Holdings, Inc.)

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Perfection of Pledge. (a) Each The Pledgor shall, from time to time, as may be required by the Secured Party with respect to all Collateral, immediately take all actions as may be requested by the Secured Party to perfect the security interest of the Secured Party in the Collateral, including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of Section 8-106 of the UCC, each the Pledgor shall immediately take all actions as may be requested from time to time by the Secured Party so that control of such Collateral is obtained and at all times held by the Secured Party. All of the foregoing shall be at the sole cost and expense of the Pledgors upon whom such request is madePledgor.

Appears in 1 contract

Samples: Equity Pledge Agreement (Bloom HoldCo LLC)

Perfection of Pledge. (a) Each Pledgor The Pxxxxxx shall, from time to time, as may be required by the Secured Party with respect to all Collateral, immediately promptly take all actions as may be requested by the Secured Party to perfect the security interest of the Secured Party in the Collateral, including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of Section 8-106 of the UCC, each Pledgor the Pxxxxxx shall immediately promptly take all actions as may be requested from time to time by the Secured Party so that control of such Collateral is obtained and at all times held by the Secured Party. All of the foregoing shall be at the sole cost and expense of the Pledgors upon whom such request is madePxxxxxx.

Appears in 1 contract

Samples: Stock Pledge Agreement (Slinger Bag Inc.)

Perfection of Pledge. (a) Each The Pledgor shall, from time to time, as may be required by the Secured Party with respect to all Collateral, immediately take all actions as may be requested by the Secured Party to perfect the security interest of the Secured Party in the Collateral, including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of Section 8-106 of the UCC, each the Pledgor shall immediately take all actions as may be requested from time to time by the Secured Party so that possession and control of such Collateral is obtained and at all times held by the Secured Party. All of the foregoing shall be at the sole cost and expense of the Pledgors upon whom such request is madePledgor.

Appears in 1 contract

Samples: Security and Stock Pledge Agreement (Cardiff Lexington Corp)

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Perfection of Pledge. (a) Each The Pledgor shall, from time to time, as may be required by the Secured Party with respect to all Collateral, immediately take all actions as may be requested by the Secured Party to perfect the security interest of the Secured Party in the Collateral, including, without limitation, with respect to all Collateral over which control may be obtained within the meaning of Section 8-8- 106 of the UCC, each the Pledgor shall immediately take all actions as may be requested from time to time by the Secured Party so that control of such Collateral is obtained and at all times held by the Secured Party. All of the foregoing shall be at the sole cost and expense of the Pledgors upon whom such request is madePledgor.

Appears in 1 contract

Samples: Stock Pledge Agreement (NetBrands Corp.)

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