Common use of Pledge of Account Collateral Clause in Contracts

Pledge of Account Collateral. (SECOND MEZZANINE). To secure the full and punctual payment and performance of the Obligations (Second Mezzanine), Mezzanine Borrower hereby collaterally assigns, grants a security interest in and pledges to Mezzanine Lender, to the extent not prohibited by applicable law, a first priority continuing security interest in and to the following property of Mezzanine Borrower, whether now owned or existing or hereafter acquired or arising and regardless of where located (all of the same, collectively, the ACCOUNT COLLATERAL (SECOND MEZZANINE)):

Pledge of Account Collateral. (SECOND JUNIOR TIER MEZZANINE). To secure the full and punctual payment and performance of the Obligations (Second Junior Tier Mezzanine), Mezzanine Borrower hereby collaterally assigns, grants a security interest in and pledges to Mezzanine Lender, to the extent not prohibited by applicable law, a first priority continuing security interest in and to the following property of Mezzanine Borrower, whether now owned or existing or hereafter acquired or arising and regardless of where located (all of the same, collectively, the ACCOUNT COLLATERAL (SECOND JUNIOR TIER MEZZANINE)):

Pledge of Account Collateral. (SECOND THIRD MEZZANINE). To secure the full and punctual payment and performance of the Obligations (Second Third Mezzanine), Mezzanine Borrower hereby collaterally assigns, grants a security interest in and pledges to Mezzanine Lender, to the extent not prohibited by applicable law, a first priority continuing security interest in and to the following property of Mezzanine Borrower, whether now owned or existing or hereafter acquired or arising and regardless of where located (all of the same, collectively, the ACCOUNT COLLATERAL (SECOND THIRD MEZZANINE)):

Pledge of Account Collateral. (SECOND FIRST MEZZANINE). To secure the full and punctual payment and performance of the Obligations (Second First Mezzanine), Mezzanine Borrower hereby collaterally assigns, grants a security interest in and pledges to Mezzanine Lender, to the extent not prohibited by applicable law, a first priority continuing security interest in and to the following property of Mezzanine Borrower, whether now owned or existing or hereafter acquired or arising and regardless of where located (all of the same, collectively, the ACCOUNT COLLATERAL (SECOND MEZZANINEFIRST Mezzanine)):