Pledge and Security Interest. As collateral security for the due and punctual payment and performance by Borrower of all of its obligations under the Loan Agreement and the other Loan Documents (collectively, the “Obligations”), Pledgor hereby pledges and assigns to Lender a continuing first priority security interest in and to the Collateral.
Appears in 6 contracts
Samples: Pledge Agreement (Grubb & Ellis Apartment REIT, Inc.), Pledge Agreement (Grubb & Ellis Apartment REIT, Inc.), Pledge Agreement (Grubb & Ellis Apartment REIT, Inc.)
