Pledge and Security. Agreement executed by each Credit Party evidencing its grant of a security interest in substantially all of its respective personal property in favor of the Administrative Agent for the benefit of the Holders of Secured Obligations, together with the appropriate stock certificates and stock powers executed in blank.
Pledge and Security. Agreement executed by the Loan Parties, together with pledged instruments and allonges, stock certificates, stock powers executed in blank, pledge instructions and acknowledgments, as appropriate.
Pledge and Security. SECTION 7.01.
Pledge and Security. Each Pledgor hereby pledges all of its respective right, title, and interest in and to, and grants a first lien on, and security interest in, the Collateral to the Secured Party to secure the obligation of the Pledgors to make payments of Deferred Premium Payments to the Secured Party in accordance with Section 9(d) of the Securitization Access Agreement, which obligation is evidenced by the Synthetic Residual Certificate in the form of Exhibit I to the Securitization Access Agreement.
Pledge and Security. 12.1 Purchasers agree to pledge sufficient revenues to pay the amounts set forth in Section 8, above, for the term of this Agreement. Purchasers grant a security interest in their respective water supply equipment and water distribution facilities to the City as and for a guarantee and security for the payment of the agreed upon amounts.
12.2 Purchasers shall establish customer (retail) water rates in sufficient amounts to pay the City for water capacity and delivered water as established by this Agreement. Purchasers shall further provide sufficient revenues through their retail rates to maintain the Purchaser’s distribution system in a reasonable, businesslike condition adequate to maintain the water pressure on the transmission system.
12.3 In the event that any Purchaser fails to make timely payments as provided in this Agreement, the City may, after 20 days’ notice to that Purchaser, cut off water delivery to that Purchaser. The cutoff of water to a Purchaser does not relieve that Purchaser of its obligation to pay the minimum fixed sums identified in Section 8.2 of this Agreement. The City will not refund to any Purchaser its capital costs paid under Section 8.1 above.
Pledge and Security. Agreement (Borrower) executed by Horizon Health Corporation and Agent, dated as of December 9, 1997:
a. Pledge Amendment dated as of June 1, 1998
b. Pledge Amendment dated as of August 1, 1998
c. Pledge Amendment dated as of July 3, 2002
Pledge and Security. Agreement (Stock and Promissory Note) between Borrower and Prometheus Assisted Living LLC [for approximately 43.5% of the common stock of ARV Assisted Living, Inc. and a $1.5m Note made by ARV Associated Living, Inc.].
Pledge and Security. Agreement (Stock and Warrants) between Borrower and Prometheus Homebuilders LLC [for 33% of the outstanding shares (Preferred and Common) of The Fortress Group, Inc. and warrants to purchase 33,333,333 additional common shares of The Fortress Group, Inc. at $0.01 per share].
Pledge and Security. Agreement (Warrants) between Borrower and LFSRI II Assisted Living LLC [for warrants to purchase 750,000 shares of ARV Assisted Living, Inc. at $3.00 per share].
Pledge and Security. Agreement (each a “Security Agreement”) executed by each member of the Obligated Group, granting to Administrative Agent, for the benefit of Administrative Agent and each Lender a first priority security interest in all accounts, inventory, and equipment of each member of the Obligated Group;
