Common use of Pledge of Security Assets Clause in Contracts

Pledge of Security Assets. 1. To secure the payment of the Secured Obligations the Pledgor hereby grants to the Collateral Agent a first ranking right of pledge (pandrecht eerste in rang) over the Present Shares and the Related Rights pertaining thereto and grants in advance (bij voorbaat) to the Collateral Agent a right of pledge over the Future Shares and the Related Rights pertaining thereto, which rights of pledge are hereby accepted by the Collateral Agent.

Pledge of Security Assets. 1. To secure the payment of the Secured Obligations the Pledgor hereby grants to the Collateral Agent a first ranking right of pledge (pandrecht eerste in rang) over the Present Security Shares and the Related Rights pertaining thereto and grants in advance (bij voorbaat) to the Collateral Agent a right of pledge over the Future Security Shares and the Related Rights pertaining thereto, which rights of pledge are hereby accepted by the Collateral Agent.

Pledge of Security Assets. 1. To secure the payment of the Secured Obligations the Pledgor hereby grants to the Collateral Agent a first ranking right of pledge (pandrecht eerste in rangpandrecht) with the highest possible ranking over the Present Shares and the Related Rights pertaining thereto and grants in advance (bij voorbaat) to the Collateral Agent a which right of pledge over the Future Shares and the Related Rights pertaining thereto, which rights of pledge are is hereby accepted by the Collateral Agent.

Pledge of Security Assets. 1. To secure the payment of the Secured Obligations the Pledgor hereby grants to the Collateral Agent a first second ranking right of pledge (pandrecht eerste tweede in rang) over the Present Shares and the Related Rights pertaining thereto and grants in advance (bij voorbaat) to the Collateral Agent a right of pledge over the Future Shares and the Related Rights pertaining thereto, which rights of pledge are hereby accepted by the Collateral Agent.