Common use of Right of Pledge Clause in Contracts

Right of Pledge. The Pledgor grants to the Pledgee a right of pledge with the highest possible rank (pandrecht hoogste in rang) over its Membership Interests as security for the Secured Obligations.

Appears in 1 contract

Samples: Membership Interests (Westway Group, Inc.)

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Right of Pledge. 2.1.1 The Pledgor agrees with the Pledgee to grant and grants in favour of the Pledgee, to the Pledgee extent necessary in advance (bij voorbaat), a right of pledge with the highest possible rank (pandrecht hoogste in rangpandrecht) over its Membership Interests Secured Assets and any accessory rights (afhankelijke rechten) and ancillary rights (nevenrechten) attached to the Secured Assets as security for the Secured Obligations.

Appears in 1 contract

Samples: Security Agreement (Elizabeth Arden Inc)

Right of Pledge. 2.1.1 The Pledgor agrees with the Pledgee to grant and grants in favour of the Pledgee, to the Pledgee extent necessary in advance (bij voorbaat), a right of pledge with the highest possible rank (pandrecht hoogste in rangpandrecht) over each of its Membership Interests Inventory as security for the Secured Obligations.

Appears in 1 contract

Samples: Security Agreement (Tesla Motors Inc)

Right of Pledge. The Pledgor agrees with the Pledgee to grant and grants in favour of the Pledgee, to the Pledgee extent necessary in advance (bij voorbaat) a right of pledge with the highest possible rank (pandrecht hoogste in rangpandrecht) over its Membership Interests Collateral and any accessory rights (afhankelijke rechten) and ancillary rights (nevenrechten) attached to the Collateral as security for the Secured ObligationsLiabilities.

Appears in 1 contract

Samples: Share Pledge Agreement (Central European Media Enterprises LTD)

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Right of Pledge. 2.1.1 The Pledgor agrees with the Pledgee to grant and grants in favour of the Pledgee, to the Pledgee extent necessary in advance (bij voorbaat), a right of pledge with the highest possible rank (pandrecht hoogste in rangpandrecht) over its Membership Interests Collateral and any accessory rights (afhankelijke rechten) and ancillary rights (nevenrechten) attached to the Collateral as security for the Secured Obligations.

Appears in 1 contract

Samples: Security Agreement (Tesla Motors Inc)

Right of Pledge. The Pledgor agrees with the Pledgee to grant and grants in favour of the Pledgee, to the Pledgee extent necessary in advance (bij voorbaat), a right of pledge with the highest possible rank (pandrecht hoogste in rangpandrecht) over its Membership Interests Collateral and any accessory rights (afhankelijke rechten) and ancillary rights (nevenrechten) attached to the Collateral as security for the Secured ObligationsLiabilities.

Appears in 1 contract

Samples: Security Agreement (Alternus Energy Inc.)

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