Common use of Continuing Security Agreement Clause in Contracts

Continuing Security Agreement. This Agreement shall create a continuing security interest in the Pledged Shares and shall (a) remain in full force and effect until payment in full of the Obligations and (b) be binding upon Pledgor, his successors and assigns.

Appears in 1 contract

Sources: Stock Pledge and Security Agreement (Capstar Broadcasting Partners Inc)

Continuing Security Agreement. This Agreement shall create a continuing security interest in the Pledged Shares and shall (a) remain in full force and effect until payment in full of the Obligations and (b) be binding upon Pledgor, his successors and assigns.

Appears in 1 contract

Sources: Stock Pledge Agreement (Capstar Broadcasting Partners Inc)

Continuing Security Agreement. This Agreement shall create a ----------------------------- continuing security interest in the Pledged Shares Collateral and shall (a) remain in full force and effect until payment in full of the Obligations and (b) be binding upon Pledgor, his heirs, successors and assigns.

Appears in 1 contract

Sources: Pledge and Security Agreement (Columbus Realty Trust)