Grantor’s Obligations Upon Default. Upon the request of the Trustee after the occurrence of a Default, each Grantor will (subject in all cases to any provisions in favor of any debt that is senior in right of payment or priority contained in the Indenture, this Security Agreement or any other Collateral Documents):
Appears in 6 contracts
Samples: Pledge and Security Agreement, Pledge and Security Agreement (GWG Holdings, Inc.), Pledge and Security Agreement (GWG Life, LLC)
Grantor’s Obligations Upon Default. Upon the request of the Trustee after the occurrence of a Default, each the Grantor will (subject in all cases to any provisions in favor of any debt that is senior in right of payment or priority contained in the Indenture, this Security Agreement or any other Collateral Documents):
Appears in 5 contracts
Samples: Pledge and Security Agreement (Red Oak Capital Intermediate Income Fund, LLC), Pledge and Security Agreement (Red Oak Capital Fund V, LLC), Pledge and Security Agreement (Red Oak Capital Fund IV, LLC)
