Common use of Pledgor Covenants Clause in Contracts

Pledgor Covenants. Each Pledgor irrevocably and unconditionally agrees that Bank’s first priority security interest in the Securities Account and other collateral under this Agreement is and shall remain in full force and effect by way of continuing security until this Agreement has terminated and all of the Obligations have been paid and/or satisfied in full.

Pledgor Covenants. Each Pledgor irrevocably and unconditionally agrees that the Bank’s first priority security interest in the Securities Security Account and other collateral under this Agreement is and shall remain in full force and effect by way of continuing security until this Agreement has terminated and all of the Obligations have entire LMA balance has been paid and/or satisfied in full.