Common use of Pledge of Collateral Clause in Contracts

Pledge of Collateral. To secure payment and performance of the Obligations, Customer hereby pledges, assigns, transfers and sets over to MLBFS, and grants to MLBFS first liens and security interests in and upon all of the Collateral, subject only to Permitted Liens.

Appears in 35 contracts

Samples: Loan and Security Agreement (Stockeryale Inc), Loan Agreement (Stockeryale Inc), Loan and Security Agreement (Stockeryale Inc)

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Pledge of Collateral. To secure payment and performance of the Obligations, Customer hereby pledges, assigns, transfers and sets over to MLBFS, and grants to MLBFS first liens and security interests in and upon all of the Collateral, subject only to priorities afforded to Permitted Liens.

Appears in 20 contracts

Samples: Wcma Loan and Security Agreement (Thanksgiving Coffee Co Inc), Loan and Security Agreement (Continucare Corp), Term Loan and Security Agreement (Stockeryale Inc)

Pledge of Collateral. To secure payment and performance of the Obligations, Customer hereby pledges, assigns, transfers and sets over to MLBFS, and grants to MLBFS first liens and security interests in and upon all of the CollateralColateral, subject only to priorities afforded to Permitted Liens.

Appears in 1 contract

Samples: Loan and Security Agreement (Collegiate Pacific Inc)

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Pledge of Collateral. To secure payment and performance of the Obligations, Customer hereby pledges, assigns, transfers and sets over to MLBFS, and grants to MLBFS a first liens lien and security interests interest in and upon all of the Collateral, subject only to Permitted Liens.

Appears in 1 contract

Samples: Loan Agreement (Cysive Inc)

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