Common use of Pledge and Grant of Security Interest Clause in Contracts

Pledge and Grant of Security Interest. To secure the prompt payment and performance in full when due of the Secured Obligations (as defined in Section 3 hereof), Pledgor hereby pledges and assigns and grants to the Bank, a continuing security interest in any and all right, title and interest of Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 2 contracts

Samples: Pledge Agreement (Argyle Security, Inc.), Loan and Security Agreement (Argyle Security, Inc.)

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Pledge and Grant of Security Interest. To secure the prompt payment and performance in full when due of the Secured Obligations (as defined in Section 3 hereof), each Pledgor hereby pledges and assigns and grants to the Bank, a continuing security interest in any and all right, title and interest of such Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 2 contracts

Samples: Pledge Agreement (Argyle Security, Inc.), Pledge Agreement (Argyle Security, Inc.)

Pledge and Grant of Security Interest. To Subject to the terms and conditions of this Agreement and to secure the prompt payment and performance in full when due of the Secured Obligations (as defined in Section 3 hereof), Pledgor hereby pledges and assigns and grants to the BankCollateral Agent, for the benefit of the Trustee and the holders of the Notes, a continuing security interest in any and all right, title and interest of Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Pledge Agreement (Transmeridian Exploration Inc)

Pledge and Grant of Security Interest. (a) To secure the prompt payment and performance in full when due due, whether by lapse of time or otherwise, of the Secured Obligations (as defined in Section 3 hereof)Pledged Obligations, the Pledgor hereby pledges and assigns and grants to the Bank, Purchaser a continuing security interest in any and all right, title and interest of the Pledgor in and to the following, whether now owned or existing or whether owned, acquired, acquired or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Pledge and Security Agreement (Municipal Mortgage & Equity LLC)

Pledge and Grant of Security Interest. To secure the prompt payment and performance in full when due due, whether by lapse of time or otherwise, of the Secured Obligations (as defined in Section 3 hereof), each Pledgor hereby pledges and assigns to Laurus, and grants to the BankLaurus, a continuing first priority security interest in any and all right, title and interest of such Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Equity Pledge Agreement (Elandia International Inc.)

Pledge and Grant of Security Interest. To secure the prompt payment and performance in full when due due, whether by lapse of time or otherwise, of the Secured Pledgor Obligations (as defined in Section 3 hereof), the Pledgor hereby pledges and assigns to the Collateral Agent, for the benefit of the Trustee and the Holders, and grants to the BankCollateral Agent, for the benefit of the Trustee and the Holders, a continuing security interest in any and all right, title and interest of the Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”)::

Appears in 1 contract

Samples: Pledge Agreement (Telex Communications Intermediate Holdings LLC)

Pledge and Grant of Security Interest. To secure the prompt payment and performance in full when due of the Secured Obligations (as defined in Section 3 hereof), the Pledgor hereby pledges and assigns and grants to the BankAdministrative Agent, for the benefit of the Lenders, a continuing security interest in any and all right, title and interest of the Pledgor in and to the following, whether now owned or existing existing, or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Secured Guaranty Pledge Agreement (Wells Timberland REIT, Inc.)

Pledge and Grant of Security Interest. To secure the prompt payment and performance in full when due due, whether by lapse of time or otherwise, of the Secured Obligations (as defined in Section 3 hereof)Credit Party Obligations, the Pledgor hereby pledges and assigns and grants to the BankAdministrative Agent, for the ratable benefit of the Secured Parties, a continuing security interest in any and all right, title and interest of the Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Holdings Pledge Agreement (Carrols Restaurant Group, Inc.)

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Pledge and Grant of Security Interest. To secure the prompt payment and performance in full when due due, whether by lapse of time or otherwise, of the Secured Obligations (as defined in Section 3 hereof), each Pledgor hereby pledges and assigns to the Lender and grants to the BankLender, a continuing security interest in any and all right, title and interest of such Pledgor in and to the following, whether now owned or existing or owned, acquired, acquired or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Pledge Agreement (Hadron Inc)

Pledge and Grant of Security Interest. To secure the prompt payment and performance in full when due due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the Secured Obligations (as defined in Section 3 hereof)Obligations, Pledgor hereby pledges and assigns and grants to the BankAdministrative Agent, for the benefit of the holders of the Secured Obligations, a continuing security interest in any and all right, title and interest of Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Pledge Agreement (Griffin-American Healthcare REIT IV, Inc.)

Pledge and Grant of Security Interest. To Subject to the terms and conditions of this Agreement and to secure the prompt payment and performance in full when due of the Secured Obligations (as defined in Section 3 hereof), Pledgor hereby pledges and assigns and grants to the BankCollateral Agent, for the benefit of the holders of the Notes, a continuing security interest in any and all right, title and interest of Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Pledge Agreement (Transmeridian Exploration Inc)

Pledge and Grant of Security Interest. To secure As security for the prompt and complete payment and performance in full when due of the Secured Obligations (as defined in Section 3 hereof)Obligations, each Pledgor hereby pledges and assigns and grants to the BankCollateral Agent, for the benefit of the Secured Creditors, a continuing security interest in any of first priority in, and all rightas part of such grant and pledge, title hereby transfers and interest of Pledgor in and assigns to the following, Collateral Agent all of the following whether now owned or existing or owned, acquired, or arising hereafter acquired (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Pledge Agreement (Memc Electronic Materials Inc)

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