Benefit of Agent. All Liens granted or contemplated hereby shall be for the benefit of Agent, on behalf of itself, and all proceeds or payments realized from Pledged Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Loan Agreement.
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Samples: Pledge Agreement (Salient Surgical Technologies, Inc.), Pledge Agreement (Synta Pharmaceuticals Corp), Pledge Agreement (Salient Surgical Technologies, Inc.)
Benefit of Agent. All Liens granted or contemplated hereby shall be for the benefit of Agent, on behalf of itselfitself and the Lenders, and all proceeds or payments realized from Pledged Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Loan Agreement.
Appears in 4 contracts
Samples: Pledge Agreement (AMEDICA Corp), Pledge Agreement (Lombard Medical, Inc.), Pledge Agreement (BG Medicine, Inc.)
Benefit of Agent. All Liens granted or contemplated hereby shall be for the benefit of Agent, on behalf of itself, and all proceeds or payments realized from Pledged Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Loan Agreement.
Appears in 1 contract
Benefit of Agent. All Liens granted or contemplated hereby shall be for the benefit of Agent, on behalf of itselfitself and the Lenders, and all proceeds or payments realized from Pledged Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Amended Loan Agreement.
Appears in 1 contract
