Priority of Pledge. The within pledge is, or will be upon the acquisition of such shares by Pledgors, a first priority lien on such shares.
Appears in 2 contracts
Samples: Stock Pledge Agreement (Edwards Michael Dennis), Stock Pledge Agreement (Ellenburg Gerald D)
Priority of Pledge. The within pledge is, or will be upon the acquisition of such shares and warrants by Pledgors, a first priority lien on such sharesshares and warrants.
Appears in 2 contracts
Samples: Stock Pledge Agreement (Ellenburg Gerald D), Stock Pledge Agreement (Karno Norton S)