Common use of Pledge of Pledged Collateral Clause in Contracts

Pledge of Pledged Collateral. (a) Each Grantor hereby assigns and pledges to the Collateral Agent, its successors and assigns, for the ratable benefit of the Secured Parties, a security interest in, all of such Grantor’s right, title and interest in, to and under (i) the Pledged Stock; (ii) subject to Section 9(d), all payments of dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of, in exchange for or upon conversion of, and all other Proceeds received in respect of the Pledged Stock; (iii) subject to Section 9(d), all rights and privileges of such Grantor with respect to the securities and other property referred to in clauses (i) and (ii) above; and (iv) all Proceeds of any of the foregoing (the items in clauses (i) through (iv) above being collectively referred to as the “Pledged Collateral”);

Appears in 2 contracts

Samples: Secured Note Purchase Agreement (Anesiva, Inc.), Securities Purchase Agreement (Anesiva, Inc.)

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Pledge of Pledged Collateral. (a) Each Grantor hereby assigns and pledges to the Collateral Agent, its successors and assigns, for the ratable benefit of the Secured Parties, a security interest in, all of such Grantor’s 's right, title and interest in, to and under (i) the Pledged Stock; (ii) subject to Section 9(d), all payments of dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of, in exchange for or upon conversion of, and all other Proceeds received in respect of the Pledged Stock; (iii) subject to Section 9(d), all rights and privileges of such Grantor with respect to the securities and other property referred to in clauses (i) and (ii) above; and (iv) all Proceeds of any of the foregoing (the items in clauses (i) through (iv) above being collectively referred to as the “Pledged Collateral”);

Appears in 1 contract

Samples: Securities Purchase Agreement (Anesiva, Inc.)

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Pledge of Pledged Collateral. (a) Each The Grantor hereby assigns and pledges to the Collateral First Lien Agent, its successors and assigns, for the ratable benefit of the Secured Parties, a security interest in, all of such the Grantor’s right, title and interest in, to and under (i) the Pledged StockSecurities; (ii) subject to Section 9(d)5.3, all payments of dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of, in exchange for or upon conversion of, and all other Proceeds received in respect of the Pledged StockSecurities; (iii) subject to Section 9(d)5.3, all rights and privileges of such the Grantor with respect to the securities and other property referred to in clauses (i) and (ii) above; and (iv) all Proceeds of any of the foregoing (the items in clauses (i) through (iv) above being collectively referred to as the “Pledged Collateral”);

Appears in 1 contract

Samples: First Lien Pledge and Security Agreement (Mirion Technologies, Inc.)

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