Perfection. The pledge of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 21 contracts
Samples: Pledge Agreement (Nu Skin Enterprises Inc), Borrower Pledge Agreement (American Homepatient Inc), Subsidiary Pledge Agreement (American Homepatient Inc)
Perfection. The pledge and assignment of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 15 contracts
Samples: Collateral Account Agreement (Amerivest Properties Inc), Credit Agreement (Aurora Foods Inc /De/), Credit Agreement (MBW Foods Inc)
Perfection. The pledge of the Pledged Collateral pursuant to this ---------- Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations; provided -------- that Secured Party retains physical possession of such Pledged Collateral.
Appears in 3 contracts
Samples: Subsidiary Pledge Agreement (Diamond Brands Operating Corp), Subsidiary Pledge Agreement (Diamond Brands Operating Corp), Holdings Pledge Agreement (Diamond Brands Inc)
Perfection. The pledge of the Pledged Collateral Securities pursuant to this Agreement and the delivery thereof to Collateral Agent creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations, subject only to the pari passu security interest of the Bank Pledge Agreement.
Appears in 3 contracts
Samples: Note Purchase Agreement (Hampshire Group LTD), Note Purchase Agreement (Hampshire Group LTD), Note Purchase Agreement (Hampshire Group LTD)
Perfection. The pledge of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority security interest Lien in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 2 contracts
Samples: Pledge Agreement (Standard Pacific Corp /De/), Pledge Agreement (Standard Pacific Corp /De/)
Perfection. The pledge and assignment of the Pledged Collateral pursuant to ---------- this Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 2 contracts
Samples: Credit Agreement (Varco International Inc), Credit Agreement (Varco International Inc)
Perfection. The pledge and assignment of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority First Priority security interest in the Pledged CollateralCollateral in the Collateral Account from time to time, securing the payment of the Secured Obligations.
Appears in 1 contract
Perfection. The pledge of the Pledged Collateral pursuant to this Agreement ---------- creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 1 contract
Samples: Credit Agreement (Prologis Trust)
Perfection. The pledge and assignment of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first second priority security interest in the Pledged CollateralCollateral (subject only to the First Collateral Account Agreement), securing the payment of the Secured Obligations.
Appears in 1 contract
Samples: Second Collateral Account Agreement (Amerivest Properties Inc)
Perfection. The pledge and delivery to Secured Party of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 1 contract
Samples: Pledge Agreement (Apartment Investment & Management Co)
Perfection. The pledge of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations; provided that Secured Party retains physical possession of such Pledged Collateral.
Appears in 1 contract
Perfection. The pledge and assignment of the Pledged Collateral pursuant ---------- to this Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 1 contract
Perfection. The pledge of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations; provided that Secured Party retains physical possession of the Collateral; further provided that additional actions may be required with respect to the perfection of proceeds of the Collateral.
Appears in 1 contract
Perfection. The pledge of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 1 contract
Samples: Credit Agreement (Trammell Crow Co)
Perfection. The pledge of the Pledged Collateral pursuant to this Security Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 1 contract
Perfection. The pledge and delivery of the Pledged Collateral Shares pursuant to this Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 1 contract
Perfection. The pledge and assignment of the Pledged Collateral pursuant ---------- to this Agreement creates or will create, as of the date hereof, a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 1 contract
Perfection. The pledge of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations, subject only to Permitted Liens.
Appears in 1 contract
Perfection. The pledge and assignment of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority First Priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 1 contract
Samples: Collateral Account Agreement (Benedek License Corp)
Perfection. The pledge of the Pledged Collateral Securities pursuant to ---------- this Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 1 contract
Samples: Collateral Assignment and Pledge Agreement (Switchboard Inc)
Perfection. The pledge and assignment of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority security interest First Priority Lien in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 1 contract
Samples: Collateral Account Agreement (Dominos Pizza Government Services Division Inc)
Perfection. The pledge of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, Collateral securing the payment of the Secured Obligations.
Appears in 1 contract
Samples: Pledge Agreement (Celcor Inc)
Perfection. The pledge of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority security interest in Lien on the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 1 contract
Samples: Assignment and Pledge Agreement (American Radio Systems Corp /Ma/)
Perfection. The Subject to compliance with the approval and registration requirements set out in Section 3(b) above, the pledge of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority security interest in the Pledged Collateral, securing the payment of the Secured Obligations.
Appears in 1 contract
Perfection. The pledge and assignment of the Pledged Collateral pursuant to this Agreement creates a valid and perfected first priority security interest in the Pledged CollateralCollateral in favor of the Secured Party, securing the payment of the Secured Obligations.
Appears in 1 contract
Samples: Credit Agreement (Arterial Vascular Engineering Inc)
