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.
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Samples: Loan and Security Agreement (Exactech Inc), Lynch Term Loan and Security Agreement (Thanksgiving Coffee Co Inc), Security Agreement (Continucare Corp)
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)
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 priorities afforded to Permitted Liens.
Appears in 1 contract
Samples: Security Agreement (Cysive Inc)