Security for Pledgor Obligations. The security interest created hereby in the Pledged Collateral constitutes continuing collateral security for all of the following, whether now existing or hereafter incurred (the “Pledgor Obligations”):
(a) In the case of the Borrower, the prompt performance and observance by the Borrower of all obligations of the Borrower under the Credit Agreement, the Notes, this Pledge Agreement and the other Loan Documents to which the Borrower is a party;
(b) Subject to clause (c) of Section 26 hereof, in the case of any Guarantor which may be a party hereto, the prompt performance and observance by such Guarantor of all of its obligations under the Credit Agreement, this Pledge Agreement and the other Loan Documents to which such Guarantor is a party, including, without limitation, its guaranty obligations arising under Article IV of the Credit Agreement; and
(c) All other indebtedness, liabilities, obligations and expenses of any kind or nature owing from any Loan Party to any Lender or the Administrative Agent in connection with (i) this Pledge Agreement or any other Loan Document, whether now existing or hereafter arising, due or to become due, direct or indirect, absolute or contingent, and howsoever evidenced, held or acquired, together with any and all modifications, extensions, renewals and/or substitutions of any of the foregoing, (ii) collecting and enforcing the Obligations and (iii) if and to the extent agreed to by such Loan Party in the documentation evidencing the same, all liabilities and obligations owing from such Loan Party to any Lender or any Affiliate of any Lender arising under any Swap Contracts.
Security for Pledgor Obligations. The security interest created hereby in the Pledged Collateral of the Pledgor constitutes continuing collateral security for all of the following, whether now existing or hereafter incurred (the "Pledgor Obligations"):
(a) the Note; and
(b) all expenses and charges, legal and otherwise, reasonably incurred by the Agent and/or the Pledgee in collecting or enforcing the Note or in realizing on or protecting any security therefor, including without limitation the security afforded hereunder.
Security for Pledgor Obligations. The security interest created hereby in the Pledged Collateral of each Pledgor constitutes continuing collateral security for all of the Credit Party Obligations, now existing or hereafter arising pursuant to the Credit Documents, owing from the Borrower or any other Credit Party to any Lender or the Agent, howsoever evidenced, created, incurred or acquired, whether primary, secondary, direct, contingent, or joint and several, including, without limitation, all liabilities arising under Hedging Agreements and all obligations and liabilities incurred in connection with collecting and enforcing the foregoing (collectively, the "Pledgor Obligations").
Security for Pledgor Obligations. The security interest created hereby in the Pledged Collateral of each Pledgor constitutes continuing collateral security for all of the following, whether now existing or hereafter incurred (the “Pledgor Obligations”): (a) all of the Credit Party Obligations, howsoever evidenced, created, incurred or acquired, whether primary, secondary, direct, contingent, or joint and several and (b) all expenses and charges, legal and otherwise, reasonably incurred by the Administrative Agent and/or the Secured Parties in collecting or enforcing any of the Credit Party Obligations or in realizing on or protecting any security therefor, including without limitation the security granted hereunder.
Security for Pledgor Obligations. The security interest created hereby in the Pledged Collateral constitutes continuing collateral security for all of the following, whether now existing or hereafter incurred (the “Pledgor Obligations”), subject, in the case of each Pledgor, to the terms of Section 26 hereof:
(a) The prompt performance and observance by the Borrowers of all obligations of the Borrowers under the Credit Agreement, the Notes, this Pledge Agreement and the other Loan Documents to which the Borrowers are a party; and
(b) All other indebtedness, liabilities, obligations and expenses of any kind or nature owing from any Borrower to any Secured Party in connection with (i) this Pledge Agreement or any other Loan Document, whether now existing or hereafter arising, due or to become due, direct or indirect, absolute or contingent, and howsoever evidenced, held or acquired, together with any and all modifications, extensions, renewals and/or substitutions of any of the foregoing, (ii) collecting and enforcing the Obligations and (iii) all liabilities and obligations owing from any Borrower to any Secured Party.
Security for Pledgor Obligations. The security interest created hereby in the Pledged Collateral of each Pledgor constitutes continuing collateral security for all of the Revolving Loan Obligations, the Term Loan Obligations, the LOC Obligations, and the TROL Obligations, now existing or hereafter arising pursuant to the Existing Credit Documents or the Amended Credit Documents, owing from the Borrower or any other Pledgor to the Lender or any affiliate of the Lender in any capacity, howsoever evidenced, created, incurred or acquired, whether primary, secondary, direct, contingent, or joint and several, including, without limitation, all obligations and liabilities incurred in connection with collecting and enforcing the foregoing (collectively, the "Pledgor Obligations").
Security for Pledgor Obligations. The security interest created hereby in the Pledged Collateral of the Pledgor constitutes continuing collateral security for all of the following, whether now existing or hereafter incurred (the "Pledgor Obligations"), in exchange for Pledgee's allowance of Pledgor's assumption of the Note and execution of this Pledge Agreement and other good and valuable consideration:
(a) the Note; and
(b) all expenses and charges, legal and otherwise, reasonably incurred by the Agent and/or the Pledgee in collecting or enforcing the Note or in realizing on or protecting any security therefor, including without limitation the security afforded hereunder.
Security for Pledgor Obligations. To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the Bond Obligations, the Pledgor hereby sells, assigns, conveys, pledges, grants and transfers to the Trustee a first and continuing perfected security interest in and Lien on and to and a right to set off against, any and all right, title and interest of Pledgor in all of the following, whether now owned or existing or owned, acquired, or arising hereafter regardless of where located (all of the same, collectively, the “Collateral”):
(i) all of Xxxxxxx’s right to, or interest in, the Pledged Deposit, including, without limitation, the rights to receive all dividends or distributions from the Griffon Subsidiaries subject to the Organizational Agreement Addendums (as defined in the Bond Documents); and
(ii) to the extent not covered by clause (i) above, all proceeds (as defined under the Uniform Commercial Code as in effect in the State of Delaware (the “UCC”)) of any or all of the foregoing.
Security for Pledgor Obligations. The security interest created hereby in the Pledged Collateral of each Pledgor constitutes continuing collateral security for all of the following, whether now existing or hereafter incurred (the "Pledgor Obligations"):
(a) In the case of the Borrower, the prompt performance and observance by the Borrower of all obligations of the Borrower under the Credit Agreement, the Revolving Notes, this Pledge Agreement and the other Credit Documents to which the Borrower is a party;
(b) In the case of the Guarantors, the prompt performance and observance by such Guarantor of all obligations of such Guarantor under the Credit Agreement, this Pledge Agreement and the other Credit Documents to which such Guarantor is a party, including, without limitation, its guaranty obligations arising under Section 4 of the Credit Agreement; and
(c) All other indebtedness, liabilities and obligations of any kind or nature owing from any Pledgor to any Lender or the Agent arising under the Credit Agreement, the Credit Documents or the Hedging Agreements and all obligations and liabilities incurred in connection with collecting and enforcing the Pledgor Obligations.
Security for Pledgor Obligations. The security interest created hereby in the Pledged Collateral of each Pledgor constitutes continuing collateral security for all of the following, whether now existing or hereafter incurred (the "Pledgor Obligations"):
(a) In the case of the Borrower, the prompt performance and observance by the Borrower of all obligations of the Borrower under the Credit Agreement, the Notes, this Pledge Agreement and the other Credit Documents to which the Borrower is a party;
(b) In the case of the Guarantors, the prompt performance and observance by such Guarantor of all obligations of such Guarantor under the Credit Agreement, this Pledge Agreement and the other Credit Documents to which such Guarantor is a party, including, without limitation, its guaranty obligations arising under Section 4 of the Credit Agreement; and
