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

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, and transfers, as appropriate, to the Lender all the Pledged Collateral and hereby grants to the Lender a first security interest in the Pledged Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Appears in 3 contracts

Samples: Pledge Agreement, Pledge Agreement (Merisel Inc /De/), Pledge Agreement (Merisel Inc /De/)

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Pledge; Grant of Security Interest. Each The Pledgor hereby delivers, pledges, assigns, grants and transfers, as appropriate, confirms to the Lender all the Pledged Collateral and hereby grants to the Lender Pledgee a first pledge and security interest in the Pledged Collateral, as collateral security for the prompt any and complete payment and performance when due (whether at the stated maturity, by acceleration all liability of Sellers or otherwise) Pledgor to Pledgee arising out of the Secured ObligationsContribution Agreement or the Securities Purchase Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Brandywine Realty Trust), Pledge Agreement (Brandywine Realty Trust)

Pledge; Grant of Security Interest. Each The Pledgor hereby delivers, pledges, assigns, and transfers, as appropriate, delivers to the Lender all the Pledged Collateral Stock and hereby grants to the Lender Lender, a first and prior security interest and Bank Lien in the Pledged Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Appears in 2 contracts

Samples: Modification Agreement (Natural Gas Services Group Inc), Loan Agreement (Natural Gas Services Group Inc)

Pledge; Grant of Security Interest. Each Pledgor hereby deliverstransfers and assigns to Pledgee, pledgesfor the ratable benefit of the Lenders, assigns, and transfers, as appropriate, to the Lender all of the Pledged Collateral Interests of Pledgor and hereby grants to Pledgee, for the Lender ratable benefit of the Lenders, a first priority security interest in the Pledged CollateralCollateral of Pledgor, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Appears in 1 contract

Samples: Membership Interest Pledge Agreement (ProLink Holdings Corp.)

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, and transfers, as appropriate, to the Lender Lender, all the Pledged Collateral and hereby grants to the Lender Lender, a first security interest in the Pledged Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (GMH Communities Trust)

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, and transfers, as appropriate, to the Lender Collateral Agent, all the Pledged Collateral and hereby grants to the Lender Collateral Agent a first priority security interest in the Pledged Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Global Signal Inc)

Pledge; Grant of Security Interest. Each Pledgor of the Pledgors hereby delivers, pledges, assigns, and transfers, as appropriate, delivers to the Lender Collateral Agent, for the ratable benefit of the Lenders, all the Pledged Collateral Stock and hereby grants to the Lender Collateral Agent, for the ratable benefit of the Lenders, a first priority security interest in the Pledged Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Railworks Corp)

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Pledge; Grant of Security Interest. Each Pledgor The Pledgors hereby delivers, pledges, assigns, and transfers, as appropriate, deliver to the Lender Agent, for the ratable benefit of the Lenders, all the Pledged Collateral Stock and hereby grants grant to Agent, for the Lender ratable benefit of the Lenders, a first security interest in the Pledged Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Appears in 1 contract

Samples: Paxson Pledge Agreement (Paxson Communications Corp)

Pledge; Grant of Security Interest. Each The Pledgor hereby delivers, pledges, assigns, and transfers, as appropriate, delivers to the Lender Agent, for the ratable benefit of the Lenders, all the Pledged Collateral Stock and hereby grants to Agent, for the Lender ratable benefit of the Lenders, a first security interest in the Pledged Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Appears in 1 contract

Samples: Paxson Pledge Agreement (Paxson Communications Corp)

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, and transfers, as appropriate, to the Lender Collateral Agent, for the benefit of the Agents and the Lenders, all the Pledged Collateral and hereby grants to the Lender Collateral Agent for the benefit of the Agents and the Lenders a first security interest in the Pledged Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Global Signal Inc)

Pledge; Grant of Security Interest. Each Subject to the terms hereof, each Pledgor hereby delivers, pledges, pledges and assigns, and transfers, as appropriate, to the Lender Pledgee all the Pledged Collateral in which it has any right, title or interest, and hereby grants to the Lender Pledgee a first priority security interest in the Pledged Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (BlueLinx Holdings Inc.)

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