Common use of PLEDGE OF ASSETS Clause in Contracts

PLEDGE OF ASSETS. Mortgage, pledge, grant or permit to exist a security interest in, or lien upon, all or any portion of Borrower's or any Subsidiary's assets now owned or hereafter acquired, except any of the foregoing in favor of (a) the Agent, or a stockholder of VII, or (b) which is existing as of the date hereof, and described under, the Subordination Agreement.

PLEDGE OF ASSETS. Mortgage, pledge, grant or permit to exist a security interest in, or lien upon, all or any portion of Borrower's or any Subsidiary's assets now owned or hereafter acquired, except any of the foregoing in favor of (a) the Agent, or a stockholder of VII, or (b) which is existing as of the date hereof, and described under, the Subordination Agreement.except:

PLEDGE OF ASSETS. Mortgage, pledge, grant or permit to exist a security interest in, or lien (collectively, a “Lien”) in or upon, all or any portion of Borrower's or any Subsidiary's ’s assets now owned or hereafter acquired, or permit the same in respect of any of its subsidiaries and each such subsidiary’s assets, except any of the foregoing in favor of (a) the Agent, or a stockholder of VII, or (b) which is existing as of the date hereof, and described under, the Subordination Agreement.foregoing:

PLEDGE OF ASSETS. Mortgage, pledge, grant or permit to exist a security interest in, or lien Lien upon, all or any portion of Borrower's or any Subsidiary's ’s assets now owned or hereafter acquired, including real property leases and subleases, except any of the foregoing (a) security interests or Liens in favor of (a) the Agent, or a stockholder of VII, or Bank; (b) which is security interests or Liens existing as of of, and disclosed to Bank in writing prior to, the date hereof, ; and described under, the Subordination Agreement.(c)

PLEDGE OF ASSETS. Mortgage, pledge, grant or permit to exist a security interest in, or lien upon, all or any portion of Borrower's or any Subsidiary's assets now owned or hereafter acquired, except any the liens of the foregoing in favor Lender or other liens permitted by Section 5.4 of (a) the Agentthat certain Loan Agreement between Borrower and Lender dated October 5, or a stockholder of VII, or (b) which is existing as of the date hereof, and described under, the Subordination Agreement2001.