Common use of Security for Obligation Clause in Contracts

Security for Obligation. This Pledge Agreement and the grant of a security interest in the Collateral hereunder secures the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of all the Obligations, whether for principal, interest, fees or otherwise, now or hereafter existing, under this Pledge Agreement, the Notes or the Indenture (all such Obligations being the "Secured Obligations"). Without limiting the generality of the foregoing, this Pledge Agreement and the grant of a security interest in the Collateral hereunder secures the payment of all amounts that constitute part of the Secured Obligations and would be owed by the Pledgor to the Trustee or the Holders under the Notes or the Indenture but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving the Pledgor.

Security for Obligation. This Pledge Agreement and the grant of a security interest in the Collateral hereunder secures secure the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of all the Obligations, whether for principal, interest, fees or otherwise, now or hereafter existing, under this Pledge Agreement, the Notes or the Indenture (all such Obligations being the "Secured ObligationsSECURED OBLIGATIONS"). Without limiting the generality of the foregoing, this Pledge Agreement and the grant of a security interest in the Collateral hereunder secures secure the payment of all amounts that constitute part of the Secured Obligations and would be owed by the Pledgor to the Trustee or the Holders under the Notes or the Indenture but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving the Pledgor.

Security for Obligation. This Pledge Agreement and the grant of a security interest in the Collateral hereunder secures secure the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of all the Obligations, whether for principal, interest, fees or otherwise, now or hereafter existing, under this Pledge Agreement, the Senior Notes or the Indenture (all such Obligations being the "Secured Obligations"). Without limiting the generality of the foregoing, this Pledge Agreement and the grant of a security interest in the Collateral hereunder secures secure the payment of all amounts that constitute part of the Secured Obligations and would be owed by the Pledgor Company to the Trustee or the Holders under the Senior Notes or the Indenture but for the fact that they are unenforceable or not allowable due to the existence of a bankruptcy, reorganization or similar proceeding involving the PledgorCompany.