Common use of Pledge of Accounts Clause in Contracts

Pledge of Accounts. To ------------------ ------------------ secure the full and punctual payment and performance of all of the Indebtedness, each of Borrower and Operator hereby sells, assigns, conveys, pledges and transfers to Lender and grants to Lender a first and continuing security interest in and to, the following property, whether now owned or existing or hereafter acquired or arising and regardless of where located (collectively, the "Account Collateral"): ------------------ (i) all of the right, title and interest of Borrower and Operator in the Cash Collateral Account (including all Sub-Accounts) and all Money (except to the extent funds therein constitute any FBTC Required Quarterly Payment) and Permitted Investments, if any, from time to time deposited or held in the Cash Collateral Account; (ii) all of the right, title and interest of Borrower and Operator in the Collection Account and Security Deposit Account and all Money, if any, from time to time deposited or held in the Collection Account and Security Deposit Account; (iii) all interest, dividends, Money, Instruments and other property from time to time received, receivable or otherwise payable in respect of, or in exchange for, any of the foregoing; and (iv) to the extent not covered by clauses (i), (ii), or (iii) above, ----------- ---- ----- all Proceeds and products of any or all of the foregoing.

Pledge of Accounts. To ------------------ ------------------ secure the full and punctual payment and performance of all of the Indebtedness, each of Borrower and Operator hereby sells, assigns, conveys, pledges and transfers to Mezzanine Lender and grants to Mezzanine Lender a first second and continuing security interest (subject to the security interest of the First Mortgage Lender therein) in and to, the following property, whether now owned or existing or hereafter acquired or arising and regardless of where located (collectively, the "Account Collateral"): ------------------ (i) all of the right, title and interest of Borrower and Operator in the Cash Collateral Account (including all Sub-Accounts) and all Money (except to the extent funds therein constitute any FBTC SELCO Required Quarterly Payment) and Permitted Investments, if any, from time to time deposited or held in the Cash Collateral Account; (ii) all of the right, title and interest of Borrower and Operator in the Collection Account and Security Deposit Account and all Money, if any, from time to time deposited or held in the Collection Account and Security Deposit Account; (iii) all interest, dividends, Money, Instruments and other property from time to time received, receivable or otherwise payable in respect of, or in exchange for, any of the foregoing; and (iv) to the extent not covered by clauses (i), (ii), or (iii) above, ----------- ---- ----- above, all Proceeds and products of any or all of the foregoing.

Pledge of Accounts. To ------------------ ------------------ secure the full and punctual payment and performance (y) FIRST of all of the Indebtedness, and (z) SECOND, after the Indebtedness shall have been paid and discharged in full, the Put and Call Obligations, each of Borrower and Operator hereby sells, assigns, conveys, pledges and transfers to Mezzanine Lender and grants to Mezzanine Lender a first and continuing security interest in and to, the following property, whether now owned or existing or hereafter acquired or arising arising, and regardless of where located (collectively, the "Account CollateralACCOUNT COLLATERAL"): ------------------): (i) all of the such Borrower's right, title and interest of Borrower and Operator in the Mezzanine Cash Collateral Account (including all Sub-Accounts) and all Money (except to the extent funds therein constitute any FBTC Required Quarterly Payment) and Permitted Investments, if any, from time to time deposited or held in the such Mezzanine Cash Collateral Account; (ii) all of the such Borrower's right, title and interest of Borrower and Operator in the Mezzanine Collection Account and Security Deposit Account and all Money, if any, from time to time deposited or held in the Mezzanine Collection Account and Security Deposit Account; (iii) all interest, dividends, Money, Instruments and other property from time to time received, receivable or otherwise payable in respect of, or in exchange for, any of the foregoing; and (iv) to the extent not covered by clauses CLAUSES (iI), (ii), II) or (iiiIII) above, ----------- ---- ----- all Proceeds and products of any or all of the foregoing.',

Pledge of Accounts. To ------------------ ------------------ secure the full and punctual payment and performance of all of the Indebtedness, each of Borrower and Operator hereby sells, assigns, conveys, pledges and transfers to Lender and grants to Lender a first and continuing security interest in and to, the following property, whether now owned or existing or hereafter acquired or arising and regardless of where located (collectively, the "Account Collateral"): ------------------ (i) all of the right, title and interest of Borrower and Operator in the Cash Collateral Account (including all Sub-Accounts) and all Money (except to the extent funds therein constitute any FBTC SELCO Required Quarterly Payment) and Permitted Investments, if any, from time to time deposited or held in the Cash Collateral Account; (ii) all of the right, title and interest of Borrower and Operator in the Collection Account and Security Deposit Account and all Money, if any, from time to time deposited or held in the Collection Account and Security Deposit Account; (iii) all interest, dividends, Money, Instruments and other property from time to time received, receivable or otherwise payable in respect of, or in exchange for, any of the foregoing; and (iv) to the extent not covered by clauses (i), (ii), or (iii) above, ----------- ---- ----- all Proceeds and products of any or all of the foregoing.