Pledge and Grant of Security Sample Clauses
Pledge and Grant of Security. The Borrower hereby pledges to the Offshore Collateral Agent for the benefit of the Secured Parties, and hereby grants to the Offshore Collateral Agent for the benefit of the Secured Parties, a security interest in, and lien on, all of the Borrower's estate, right, title and interest in, to and under the following, whether now owned or hereafter acquired (the "U.S. Collateral"):
(a) all fixtures, appliances, machinery, furniture, or other equipment of any nature whatsoever, and of every kind in description, now or at any time hereafter in the possession or control of the Borrower (including, without limitation, all "equipment" as that term is defined in the UCC); all water, wastewater, sewer, storm sewer, electric, telephone communications, electronic communications, transmission, steam, oil, gas and related lines, systems and facilities; and other equipment similar or dissimilar, used or useable in connection with the Project;
(b) all inventory (including, without limitation, all "inventory" as that term is defined in the UCC) and other tangible personal property held for sale by the Borrower, in all of its forms, wherever located, and rights therein owned or possessed by the Borrower or for its benefit including, but not limited to, (i) goods in which the Borrower has an interest in mass or a joint or other interest or right of any kind and (ii) goods that are returned to or repossessed by the Borrower;
(c) all accounts or claims for the payment of money or other consideration, contract rights, letter-of-credit rights, chattel paper (whether tangible or electronic), documents, instruments (including, without limitation, promissory notes), general intangibles (including, without limitation, payment intangibles and software) and other rights or obligations of every kind, now or hereafter existing, whether or not arising out of, or in connection with, any sale, lease, exchange or other disposition of inventory or goods or the provision or rendering of any service by or to the Borrower; all tax refunds, tax refund claims or guarantee claims held by or granted to the Borrower; and all rights now or hereafter existing in and to all security agreements, leases and other contracts securing or otherwise relating to any such accounts, claims, contract rights, letter-of-credit rights, chattel paper, documents, instruments, general intangibles or obligations;
(d) all rents, revenues, issues, profits, dividends, royalties, income, commissions, products, payments, rec...
Pledge and Grant of Security. Interest in 99% 2001-A Lease SUBI Certificate. In order to secure payment by the Program Lessee of the Lease Payments required pursuant to Section 3.02, the Program Lessee hereby pledges and assigns to the Program Lessor and grants to the Program Lessor a security interest in, all of Program Lessee's right, title and interest in and to the 99% 2001-A Lease SUBI Certificate, together with all rights appurtenant thereto and proceeds thereof.
Pledge and Grant of Security. The Pledgor hereby pledges to the Bank and grants to the Bank a security interest in the following (the "Pledged Collateral"):
Pledge and Grant of Security. Each Grantor hereby grants to the Collateral Agent, for the benefit of the Secured Parties, a security interest in and continuing lien on all of such Grantor’s right, title and interest in, to and under all personal property of such Grantor including, but not limited to the following, in each case whether now or hereafter existing or in which any Grantor now has or hereafter acquires an interest and wherever the same may be located (all of which, being subject to Section 2.2, being hereinafter collectively referred to as the “Collateral”):
(i) Accounts;
(ii) Chattel Paper;
(iii) Documents;
(iv) General Intangibles;
(v) Goods (including, without limitation, Inventory and Equipment);
(vi) Instruments;
(vii) Insurance;
(viii) Intellectual Property;
(ix) Investment Related Property (including, without limitation, Deposit Accounts);
(x) Letter of Credit Rights;
(xi) Money;
(xii) Receivables and Receivable Records;
(xiii) Commercial Tort Claims now or hereafter described on Schedule 5.2
(xiv) to the extent not otherwise included above, all other personal property of any kind and all Collateral Records, Collateral Support and Supporting Obligations relating to any of the foregoing; and
(xv) to the extent not otherwise included above, all Proceeds, products, accessions, rents and profits of or in respect of any of the foregoing.
Pledge and Grant of Security. As collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Obligations, the Company hereby assigns and pledges to the Collateral Agent for its benefit and the ratable benefit of the Lenders and grants to the Collateral Agent for its benefit and the ratable benefit of the Lenders a Lien on, security interest in and pledge of all of the right, title and interest of the Company in and to the following (collectively, the "Pledged Collateral"):
Pledge and Grant of Security. Pledgor hereby grants to the Collateral Agent for its benefit and the benefit of the Secured Parties a security interest in and continuing lien on all of Pledgor’s right, title and interest in, to and under the (a) Pledged Stock and (b) all Proceeds of or in respect of the foregoing, whether now owned or existing or hereafter acquired or arising and wherever located (all of which being hereinafter collectively referred to as the “Collateral”).
Pledge and Grant of Security. 2.1 As first priority security for the Secured Obligations and to secure the performance and observance of and compliance with all of the covenants, terms and conditions contained in the Indenture and in this Pledge, the Pledgor hereby pledges to the Security Trustee (acting on behalf of itself and the Secured Parties) a first priority pledge over the Security Assets.
2.2 The security interests created by this Pledge shall also cover all rights which derive from the Security Assets including, but not limited to, the right to participate in any new issuance of shares, bonus shares, convertible debt instrument and other securities of SBC, the right to receive dividends (whether in cash or in kind) and all other rights accruing or offered at any time in relation to the shares by way of redemption, substitution, exchange bonus or preference as at the date of this Pledge or in the future.
2.3 Subject to an occurrence of an Event of Default and Clause 6 (Enforcement of Security) below, any dividends or distributions payable in respect of the Security Assets shall be paid directly to the Security Trustee and any such dividends or distributions received by the Security Trustee are hereby pledged as security for the Secured Obligations.
2.4 The Security Trustee shall, when the Trustee in writing confirms to the Security Trustee that all amounts due by the Pledgor to the Trustee on behalf of the holders of the Notes have been paid in full, promptly release the security interest created hereby by notifying SBC of such release, with a copy to the Pledgor.
Pledge and Grant of Security. The Pledgor hereby grants to the Collateral Agent, for the benefit of the Secured Parties, a security interest in and continuing lien on all of the Pledgor’s right, title and interest in, to and under all of the following, whether now or hereafter existing or in which the Pledgor now has or hereafter acquires an interest and wherever the same may be located (all of which being hereinafter collectively referred to as the “Collateral”):
(i) all Pledged Equity Interests;
(ii) all books and records pertaining to the Collateral; and
(iii) to the extent not otherwise included above, all Proceeds, products, accessions, rents and profits of or in respect of any of the foregoing.
Pledge and Grant of Security. The Pledgor hereby pledges to the Bank and grants to the Bank a security interest in the following (the "Pledged Collateral"):
(i) the Pledged Shares and the certificates representing the Pledged Shares, 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 or all of the Pledged Shares;
(ii) all additional shares of stock of any issuer from time to time acquired by the Pledgor in substitution for or in addition to the Pledged Shares or otherwise in any manner, and the certificates representing such substituted or additional shares, 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 or all of such shares; and
(iii) all proceeds of any and all of the foregoing Pledged Collateral.
Pledge and Grant of Security. The Issuer hereby pledges to the Note Trustee for the benefit of the Holders, and hereby grants to the Note Trustee for the benefit of the Holders, a security interest in, and lien on, all of the Issuer's present and future right, title and interest in and to (a) the Note Interest Account, the Note Proceeds Account and the Note Prepayment Account (including all sub-accounts thereof), (b) all cash, cash equivalents, securities, investments, financial assets, Security Entitlements (as defined in the Noteholder Depositary Agreement), payments, other amounts, and all other items of property from time to time held, maintained or carried in, or credited or deposited in, any of the Noteholder Accounts, including Permitted Investments, (c) all rights, claims and causes of action, if any, that the Issuer may have against any Person in respect of the foregoing and (d) all proceeds of any or all of the foregoing (the property described in this Section 2, the "Note Collateral").