Pledge and Assignment. The Company hereby irrevocably pledges, assigns and sets over to the Trustee, and grants to the Trustee, for the benefit of the Holders of the Notes, a first priority continuing security interest in all of the Company's right, title and interest to all of the following, whether now owned or existing or hereafter acquired or created (collectively, the "Collateral"):
Appears in 2 contracts
Samples: Pledge, Escrow and Disbursement Agreement (Hyperion Telecommunications Inc), Pledge, Escrow and Disbursement Agreement (Park N View Inc)
Pledge and Assignment. The Company hereby irrevocably pledges, assigns and sets over to the Trustee, Purchaser and grants to the Trustee, for the benefit of the Holders of the Notes, Purchaser a first priority continuing security interest in all of the Company's right, title and interest to all of the following, whether now owned or existing or hereafter acquired or created (collectively, the "Collateral"):
Appears in 1 contract
Samples: Pledge, Escrow and Disbursement Agreement (Rare Medium Group Inc)