Common use of UNDERTAKING TO PLEDGE Clause in Contracts

UNDERTAKING TO PLEDGE. The Pledgor agrees with the Pledgee and undertakes to create or, as the case may be, to create in advance (bij voorbaat) a first priority disclosed right of pledge (openbaar pandrecht eerste in rang) over all Receivables as security for the Secured Obligations.

UNDERTAKING TO PLEDGE. The Pledgor agrees with the Pledgee and undertakes to create or, as the case may be, to create in advance (bij voorbaat) a first priority disclosed undisclosed right of pledge (openbaar stil pandrecht eerste in rang) over all its Receivables as security for the Secured Obligations.

UNDERTAKING TO PLEDGE. The Each Pledgor agrees with the Pledgee and undertakes to create or, as the case may be, to create in advance (bij voorbaatvoorbaaf) a first priority disclosed right of pledge (openbaar pandrecht eerste in rang) over all Receivables its Account Rights as security for the Secured Obligations.

UNDERTAKING TO PLEDGE. The Pledgor agrees with the Pledgee and undertakes to create or, as the case may be, to create in advance (bij voorbaat) a first priority disclosed right of pledge (openbaar pandrecht eerste in rang) over all Receivables its Account Rights as security for the Secured Obligations.

UNDERTAKING TO PLEDGE. The Each Pledgor agrees with the Pledgee and undertakes to create or, as the case may be, to create in advance (bij voorbaat) a first priority disclosed right of pledge (openbaar pandrecht eerste in rang) over all its Receivables as security for the Secured Obligations.

UNDERTAKING TO PLEDGE. The Pledgor agrees with the Pledgee and undertakes to create or, as the case may be, to create in advance (bij voorbaat) a first priority disclosed right of pledge (openbaar pandrecht eerste in rang) over all its Receivables as security for the Secured Obligations.

UNDERTAKING TO PLEDGE. The Pledgor agrees with the Pledgee and undertakes to create or, as the case may be, to create in advance (bij voorbaat) a first priority disclosed non-possessory right of pledge (openbaar bezitloos pandrecht eerste in rang) over in respect of all Receivables its Movable Assets as security for the Secured Obligations.

UNDERTAKING TO PLEDGE. The Each Pledgor agrees with the Pledgee and undertakes to create or, as the case may be, to create in advance (bij voorbaat) a first priority disclosed undisclosed right of pledge (openbaar stil pandrecht eerste in rang) over all its Receivables as security for the Secured Obligations.

UNDERTAKING TO PLEDGE. The Each Pledgor agrees with the Pledgee and undertakes to create or, as the case may be, to create in advance (bij voorbaat) a first priority disclosed non-possessory right of pledge (openbaar bezitloos pandrecht eerste in rang) over in respect of all Receivables its Movable Assets as security for the Secured Obligations.