FIRST LIEN PLEDGE AND SECURITY AGREEMENT by WORLDSPACE, INC., GUARANTORS as Pledgors and THE BANK OF NEW YORK, as Collateral AgentPledge and Security Agreement • June 4th, 2007 • WorldSpace, Inc • Radio broadcasting stations • New York
Contract Type FiledJune 4th, 2007 Company Industry JurisdictionThis SECURITY AGREEMENT dated as of June 1, 2007 (as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this “Agreement”) made by WORLDSPACE, INC., a Delaware corporation (“WorldSpace”), and the Guarantors from to time to time party hereto (the “Guarantors”), as pledgors, assignors and debtors (WorldSpace, together with the Guarantors, and together with any successors, the “Pledgors,” and each, a “Pledgor”), in favor of THE BANK OF NEW YORK, in its capacity as collateral agent, as pledgee, assignee and secured party (in such capacities and together with any successors in such capacities, the “Collateral Agent”).
SECOND LIEN PLEDGE AND SECURITY AGREEMENT by WORLDSPACE, INC., GUARANTORS as Pledgors and THE BANK OF NEW YORK, as Collateral AgentPledge and Security Agreement • June 4th, 2007 • WorldSpace, Inc • Radio broadcasting stations • New York
Contract Type FiledJune 4th, 2007 Company Industry JurisdictionThis SECURITY AGREEMENT dated as of June 1, 2007 (as amended, amended and restated, supplemented or otherwise modified from time to time in accordance with the provisions hereof, this “Agreement”) made by WORLDSPACE, INC., a Delaware corporation (“WorldSpace”), and the Guarantors from to time to time party hereto (the “Guarantors”), as pledgors, assignors and debtors (WorldSpace, together with the Guarantors, and together with any successors, the “Pledgors,” and each, a “Pledgor”), in favor of THE BANK OF NEW YORK, in its capacity as collateral agent, as pledgee, assignee and secured party (in such capacities and together with any successors in such capacities, the “Collateral Agent”).