Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 22 contracts
Samples: Pledge Agreement (Vertis Inc), Pledge Agreement (Southwest Casino Corp), Pledge Agreement (Westaff Inc)
Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Secured Obligations in accordance with the terms of the Credit Agreement.
Appears in 4 contracts
Samples: Pledge Agreement (Code Alarm Inc), Pledge Agreement (Code Alarm Inc), Pledge Agreement (Code Alarm Inc)
Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Loan Agreement.
Appears in 3 contracts
Samples: Pledge Agreement (Integrated Electrical Services Inc), Pledge Agreement (Integrated Electrical Services Inc), Pledge Agreement (Cooper Tire & Rubber Co)
Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of Agent and the other Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 3 contracts
Samples: Borrower Stockholders Pledge Agreement (Tefron LTD), Pledge Agreement (Coyne International Enterprises Corp), Pledge Agreement (Coyne International Enterprises Corp)
Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of Administrative Agent, Revolver Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 2 contracts
Samples: Pledge Agreement (Hi Rise Recycling Systems Inc), Pledge Agreement (Hi Rise Recycling Systems Inc)
Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Samples: 1 Security Agreement (Renaissance Cosmetics Inc /De/)
Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of Administrative Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Loan Agreement.
Appears in 1 contract
Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit AgreementAgreement and the Master Lease.
Appears in 1 contract
Benefit of Lenders. All security interests Security Interests granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Samples: Pledge Agreement (RBC Bearings INC)
Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of the Administrative Agent and the Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Samples: Pledge Agreement (Access Integrated Technologies Inc)
Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of the Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Loan and Security Agreement.. * * *
Appears in 1 contract
Samples: Pledge and Security Agreement (LDM Technologies Co)
Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Loan Agreement.. [SIGNATURE PAGE FOLLOWS]
Appears in 1 contract
Samples: Pledge Agreement (Telxon Corp)
Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Financing Agreement.
Appears in 1 contract
Benefit of Lenders. All security interests Security Interests granted or contemplated hereby shall be for the benefit of Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.. [signature page follows]
Appears in 1 contract
Samples: Pledge Agreement (Roller Bearing Co of America Inc)
Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of Administrative Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.
Appears in 1 contract
Benefit of Lenders. All security interests granted or contemplated hereby shall be for the benefit of the Agent and Lenders, and all proceeds or payments realized from the Pledged Collateral in accordance herewith shall be applied to the Obligations in accordance with the terms of the Credit Agreement.the
Appears in 1 contract
Samples: Pledge and Security Agreement (LDM Technologies Co)
