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

Pledge; Grant of Security Interest. 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, Pledgor hereby pledges and grants to Secured Party a security interest in the Pledged Collateral.

Appears in 2 contracts

Samples: Pledge Agreement (Ares Commercial Real Estate Corp), Pledge Agreement (Ares Commercial Real Estate Corp)

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Pledge; Grant of Security Interest. 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, Pledgor hereby assigns, pledges and hypothecates to the Lender, and grants to Secured Party Lender a security interest in (all being collectively referred to as the "Pledged Collateral."), all of its right, title and interest in and to:

Appears in 2 contracts

Samples: Pledge and Security Agreement (Katzman Chaim), Pledge and Security Agreement (Katzman Chaim)

Pledge; Grant of Security Interest. 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, Pledgor hereby pledges transfers and assigns to Lender all of the Pledged Interests and hereby grants to Secured Party Lender a first priority security interest in the Pledged Collateral.

Appears in 1 contract

Samples: Membership Pledge Agreement (XCel Brands, Inc.)

Pledge; Grant of Security Interest. As Pledgor hereby pledges and grants to Secured Party, 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, Pledgor hereby pledges and grants to Secured Party a first priority security interest in all of Pledgor’s right, title and interest in, to and under the Pledged following (collectively, the “Collateral.”):

Appears in 1 contract

Samples: Pledge and Security Agreement (Green Plains Inc.)

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Pledge; Grant of Security Interest. As Subject to the terms hereof, each Pledgor hereby delivers, pledges and assigns, and transfers, as appropriate, to Secured Party all the Pledged Collateral in which it has any right, title or interest, and hereby grants to Secured Party 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, Pledgor hereby pledges and grants to Secured Party a security interest in the Pledged Collateral.

Appears in 1 contract

Samples: Pledge Agreement (BlueLinx Holdings Inc.)

Pledge; Grant of Security Interest. As The Pledgor -------------------------------------- hereby delivers to the Secured Party all the Pledged Stock and hereby grants to the Secured Party a first 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 or otherwise) of the Special Secured Obligations, Pledgor hereby pledges and grants to Secured Party a security interest in the Pledged Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Soros George)

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