Common use of Pledge and Security Agreement Clause in Contracts

Pledge and Security Agreement. 3.01 The Developer hereby grants to the District, its successors, and assigns, a security interest in the Funds pursuant to Chapter 62A.9A RCW, including RCW 62A.9A-312, 313, and 314, and as such statutes may be amended and revised, which Funds will be delivered to the District and placed in the District’s possession and control. The Developer further grants to the District a security interest in all proceeds of the Funds, whether in the form of profits, dividends, accrued interest or otherwise.

Appears in 3 contracts

Samples: Developer Extension Agreement, Developer Extension Agreement, Developer Extension Agreement

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Pledge and Security Agreement. 3.01 The Developer hereby grants to the District, its successors, successors and assigns, a security interest in the Funds pursuant to Chapter 62A.9A RCW, including RCW 62A.9A-312, 313, and 314, and as such statutes may be amended and revised, which Funds will be delivered to the District and placed in the District’s possession and control. The Developer further grants to the District a security interest in all proceeds of the Funds, whether in the form of profits, dividends, accrued interest interest, or otherwise.

Appears in 3 contracts

Samples: Developer Extension Agreement, Developer Extension Agreement, Developer Extension Agreement

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Pledge and Security Agreement. 3.01 The Developer hereby grants to the District, its successors, successors and assigns, a security interest in the Funds pursuant to Chapter 62A.9A RCW, including RCW 62A.9A-312, 313, 313 and 314, and as such statutes may be amended and revised, which Funds will be delivered to the District and placed in the District’s 's possession and control. The Developer further grants to the District a security interest in all proceeds of the Funds, whether in the form of profits, dividends, accrued interest or otherwise.

Appears in 1 contract

Samples: Agreement

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