Priority of Security Interest; Further Assurances. (a) Each Pledgor will at all times cause the security interest granted pursuant to this Agreement to constitute a valid perfected first priority security interest in the Collateral, enforceable as such against all creditors of such Pledgor and any Persons purporting to purchase any Collateral from such Pledgor.
Appears in 9 contracts
Samples: Pledge Agreement (Gold & Appel Transfer Sa), Stock Pledge Agreement (Burns Donald A), Pledge Agreement (Burns Donald A)
Priority of Security Interest; Further Assurances. (a) Each Pledgor will at all times cause the security interest granted pursuant to this Agreement to constitute a valid perfected first priority security interest in the CollateralCollateral subject only to the Permitted Security Interests, enforceable as such against all creditors of such Pledgor and any Persons purporting to purchase any Collateral from such Pledgor.
Appears in 2 contracts
Samples: Stock Pledge Agreement (Westpac Custodian Nominees LTD), Stock Pledge Agreement (Westpac Custodian Nominees LTD)
Priority of Security Interest; Further Assurances. (a) Each Pledgor will at all times cause the security interest granted pursuant to this Agreement to constitute a valid perfected first priority security interest in the Collateral, enforceable as such against all creditors of such Pledgor and any Persons purporting to purchase any Collateral from such Pledgor.all
Appears in 2 contracts
Samples: Stock Pledge Agreement (Burns Donald A), Stock Pledge Agreement (Burns Donald A)
