Pledge; Grant of Security Interest. Holdings hereby transfers and grants to the Agent, for the benefit of the Secured Parties, a security interest in all of Holdings’ right, title and interest in the Collateral, as collateral security for the Holdco Guaranteed Secured Obligations.
Appears in 2 contracts
Samples: Guaranty and Pledge Agreement (Caesars Entertainment Operating Company, Inc.), Credit Agreement (Caesars Entertainment Operating Company, Inc.)
Pledge; Grant of Security Interest. Holdings hereby transfers and grants to the AgentTrustee, for the benefit of the Secured Parties, a first-priority security interest in all of Holdings’ right, title and interest in the Collateral, as collateral security for the Holdco Guaranteed Secured Obligations.
Appears in 2 contracts
Samples: Guaranty and Pledge Agreement (CAESARS ENTERTAINMENT Corp), Guaranty and Pledge Agreement (CAESARS ENTERTAINMENT Corp)
Pledge; Grant of Security Interest. Holdings hereby transfers and grants to the Agent, for the benefit of the Secured Parties, a security interest in all of Holdings’ right, title and interest in the Collateral, as collateral security for the Holdco Guaranteed Secured prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Obligations.
Appears in 2 contracts
Samples: Guaranty and Pledge Agreement, Guaranty and Pledge Agreement (Harrahs Entertainment Inc)
Pledge; Grant of Security Interest. Holdings The Company hereby transfers and grants to the Collateral Agent, for its benefit and the benefit of the Secured PartiesNoteholders, a security interest in all of Holdings’ the Company’s right, title and interest in the Collateral, as collateral security for the Holdco Guaranteed Secured prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Note Obligations.
Appears in 1 contract
