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

Pledge; Grant of Security Interest. Pledgor hereby pledges and grants to Agent, on behalf of Lender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Debt, a first priority security interest in all of Pledgor’s right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):

Appears in 3 contracts

Samples: Mezzanine Pledge and Security Agreement, Mezzanine Pledge and Security Agreement (New York REIT, Inc.), Mezzanine Pledge and Security Agreement (New York REIT, Inc.)

AutoNDA by SimpleDocs

Pledge; Grant of Security Interest. Each Pledgor hereby pledges and grants to Agent, on behalf of Lender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Debt, a first priority security interest in all of Pledgor’s right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):

Appears in 2 contracts

Samples: Pledge and Security Agreement (BRE Select Hotels Corp), Pledge and Security Agreement (BRE Select Hotels Corp)

Pledge; Grant of Security Interest. Pledgor hereby pledges and grants to Agent, on behalf of Lender, as collateral As security for the prompt and complete payment and performance when due (whether at of all the stated maturityObligations and to induce Lender to make the Loan, by acceleration or otherwise) of the DebtPledgor hereby grants, pledges and assigns to Lender a first priority security interest in all of Pledgor’s right, title and interest to in, to, and under, in each case, whether now owned or existing, existing or hereafter acquired or arising in and agrees to deliver and pledge to Lender pursuant to this Pledge Agreement, the following (collectively, all of which being herein collectively called the “Pledged Collateral”):

Appears in 2 contracts

Samples: Mezzanine Pledge and Security Agreement, Mezzanine Pledge and Security Agreement (TNP Strategic Retail Trust, Inc.)

Pledge; Grant of Security Interest. Each Pledgor hereby pledges and grants to the Collateral Agent, on behalf for the benefit of Lenderthe Investors, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the DebtObligations, a first priority security interest in all of such Pledgor’s right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):

Appears in 2 contracts

Samples: Note Purchase Agreement (Sotherly Hotels Lp), Pledge and Security Agreement (Sotherly Hotels Lp)

Pledge; Grant of Security Interest. Pledgor hereby pledges and grants to Agent, on behalf of Lender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Debt, a first priority security interest in all of Pledgor’s right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Security Agreement (Hospitality Investors Trust, Inc.)

Pledge; Grant of Security Interest. Pledgor hereby pledges and grants to Agent, on behalf of Lender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Debt, a first priority security interest in all of Pledgor’s right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Pledge and Security Agreement (Hcp, Inc.)

Pledge; Grant of Security Interest. Pledgor hereby pledges and grants to Agent, on behalf of Lender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Debt, a first priority security interest in all of Pledgor’s 's right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged "Collateral"):

Appears in 1 contract

Samples: Pledge and Security Agreement (Hcp, Inc.)

Pledge; Grant of Security Interest. Pledgor hereby pledges and delivers all of Pledgor's right, title and interest in and to the Pledged Units and hereby grants to Agent, on behalf of LenderPledgee a first priority security interest in the Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration acceleration, or otherwise) of the Debt, a first priority security interest in all of Pledgor’s right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):Obligations.

Appears in 1 contract

Samples: Pledge Agreement (White River Capital Inc)

AutoNDA by SimpleDocs

Pledge; Grant of Security Interest. Pledgor hereby pledges and grants to Agent, on behalf of Lender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Debt, a first priority security interest in all of Pledgor’s right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Pledge and Security Agreement (BRE Select Hotels Corp)

Pledge; Grant of Security Interest. Pledgor Each of the Pledgors hereby pledges and grants to Agent, on behalf Agent for the ratable benefit of Lenderthe Lenders, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Debt, a first priority security interest in all of each Pledgor’s 's right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):following:

Appears in 1 contract

Samples: Pledge and Security Agreement (Shelbourne Properties I Inc)

Pledge; Grant of Security Interest. Pledgor hereby pledges and grants to Agent, on behalf of the Lender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the DebtObligations, a first priority security interest in all of Pledgor’s right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Pledge and Security Agreement (Capital Trust Inc)

Pledge; Grant of Security Interest. Pledgor hereby pledges and grants to Agent, on behalf Agent for the benefit of Lender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Debt, a first priority security interest in all of Pledgor’s right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Pledge and Security Agreement (New York REIT, Inc.)

Time is Money Join Law Insider Premium to draft better contracts faster.