Common use of Security Interest and Pledge Clause in Contracts

Security Interest and Pledge. As collateral security for the prompt payment in full when due of all of the obligations, indebtedness and liabilities of Debtor to Secured Parties arising pursuant to or in connection with the Notes or this Agreement, whether now existing or hereafter arising, whether direct, indirect, fixed, contingent, liquidated, unliquidated, joint, several, or joint and several, Debtor hereby pledges and grants to Secured Parties, a security interest in and to all of Debtor's right, title and interest in and to the following (such property being hereinafter sometimes called the "Collateral"):

Appears in 2 contracts

Samples: Security Agreement (Probex Corp), Security Agreement (Probex Corp)

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Security Interest and Pledge. As collateral security for the prompt payment in full full, when due due, of all of the obligations, indebtedness and liabilities of Debtor to Secured Parties Party arising pursuant to or in connection with the Notes Note or this Agreement, whether now existing or hereafter arising, whether direct, indirect, fixed, contingent, liquidated, unliquidated, joint, several, or joint and several, Debtor hereby pledges and grants to Secured PartiesParty, a fourth priority security interest in and to all of Debtor's right, title and interest in and to the following (such property being hereinafter sometimes called the "Collateral"):

Appears in 1 contract

Samples: Security Agreement (Probex Corp)

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Security Interest and Pledge. As collateral security for the prompt payment in full full, when due due, of all of the obligations, indebtedness and liabilities of Debtor to Secured Parties arising pursuant to or in connection with the Notes or this Agreement, whether now existing or hereafter arising, whether direct, indirect, fixed, contingent, liquidated, unliquidated, joint, several, or joint and several, Debtor hereby pledges and grants to Secured Parties, a second security interest in and to all of Debtor's right, title and interest in and to the following (such property being hereinafter sometimes called the "Collateral"):

Appears in 1 contract

Samples: Security Agreement (Probex Corp)

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