Common use of Obligations Secured Clause in Contracts

Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor to Pledgee and/or its affiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, the other Financing Agreements or otherwise, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 3 contracts

Samples: Pledge and Security Agreement (Dh Apparel Co Inc), Pledge and Security Agreement (Delta Apparel Inc), Pledge and Security Agreement (Sport Supply Group Inc Et Al)

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Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor to Pledgee and/or its affiliatesAffiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under the Guarantee, this Pledge Agreement, the Loan Agreement, the other Financing Agreements or otherwise, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 2 contracts

Samples: Pledge and Security Agreement (Anvil Holdings Inc), Pledge and Security Agreement (Anvil Knitwear Inc)

Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor to Pledgee and/or its affiliatesAffiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, the other Financing Agreements or otherwise, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 2 contracts

Samples: Pledge and Security Agreement (Anvil Knitwear Inc), Pledge and Security Agreement (Anvil Holdings Inc)

Obligations Secured. The security interest, lien and other interests granted to Pledgee Secured Party pursuant to this Pledge Agreement shall secure the prompt performance performance, observance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor Debtor to Pledgee Secured Party and/or its affiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, the other Financing Agreements or otherwise, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor Debtor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee Secured Party (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 2 contracts

Samples: Trademark Security Agreement (Delta Apparel Inc), Trademark Security Agreement (Dh Apparel Co Inc)

Obligations Secured. The security interest, lien and other interests granted to Pledgee (for itself and the ratable benefit of Lenders) pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor to Pledgee and/or its any Lender and/or their respective affiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, Agreement or the other Financing Agreements or otherwiseAgreements, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case, whether or not such amounts are allowed or allowable in whole or in part in such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee unsecured (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 2 contracts

Samples: Pledge and Security Agreement (Lexington Precision Corp), Pledge and Security Agreement (Lexington Precision Corp)

Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor to Pledgee and/or its affiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under the Guarantee, this Pledge Agreement, the Loan Agreement, the other Financing Agreements or otherwise, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Pledge and Security Agreement (Huntco Inc)

Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor any Obligor to Pledgee and/or its affiliatesPledgee, including principal, interest, charges, fees, costs and expenses, expenses however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, Agreement or any of the other Financing Agreements or otherwiseAgreements, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor or any Obligor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, or secured or unsecured, and however acquired by Pledgee unsecured (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Investment Property Pledge and Security Agreement (Valhi Inc /De/)

Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor to Pledgee and/or its affiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, the other Financing Agreements or otherwise, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Pledge and Security Agreement (Mad Catz Interactive Inc)

Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by any Issuer or Pledgor to Pledgee and/or its affiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Guarantee, the Loan Agreement, Agreement or the other Financing Agreements or otherwiseAgreements, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor or any Issuer under the United States Bankruptcy Code or any similar statute or under any insolvency, reorganization, receivership, readjustment of debt, dissolution or liquidation law or statute of any jurisdiction now or hereafter in effect, whether at law or in equity (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Pledge and Security Agreement (Little Switzerland Inc/De)

Obligations Secured. The security interest, lien and other interests granted to Pledgee Secured Party pursuant to this Pledge Agreement shall secure the prompt performance performance, observance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor Debtors to Pledgee Noteholders and Secured Party and/or its their affiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan AgreementNotes, or any of the other Financing Agreements or otherwiseLoan Documents, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement Notes or after the commencement of any case with respect to Pledgor Debtor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee Noteholders or Secured Party (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Collateral Assignment and Security Agreement (Aegis Communications Group Inc)

Obligations Secured. The security interest, lien and other interests granted to Pledgee Secured Party pursuant to this Pledge Agreement shall secure the prompt performance performance, observance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor Debtor to Pledgee Secured Party, any Lender and/or its their respective affiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, Agreement or the other Financing Agreements or otherwise, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor Debtor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee Secured Party or any Lender (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Assignment and Security Agreement (Mackie Designs Inc)

Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor and UK Borrower to Pledgee and any Lender and/or its their respective affiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, Agreement or any of the other Financing Agreements or otherwiseAgreements, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor and UK Borrower under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Pledge and Security Agreement (Mackie Designs Inc)

Obligations Secured. The assignment, security interest, interest and lien and other interests granted to Pledgee Assignee pursuant to this Pledge Agreement Assignment shall secure the prompt performance performance, observance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor Assignor to Pledgee Assignee, the Noteholders and/or its their respective affiliates, including principal, interest, charges, fees, costs premiums, indemnities, and expenses, however evidenced, whether as principal, surety, endorser, guarantor endorser or otherwiseguarantor, whether arising under this Pledge AgreementAssignment, the Loan AgreementIndenture, the other Financing Agreements Notes or otherwise, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or the Indenture or after the commencement of any case with respect to Pledgor Assignor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee Assignee or the Noteholders (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Listerhill Total Maintenance Center LLC

Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor Pledgors to Pledgee and/or its affiliatesPledgee, Noteholders, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwiseguarantor, whether arising under this Pledge Agreement, the Loan AgreementIndenture, the other Financing Agreements Notes or otherwise, otherwise whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement Indenture or after the commencement of any case with respect to any Pledgor under the United States Bankruptcy Code or any state insolvency law or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee and Noteholders (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Pledge and Security Agreement (Listerhill Total Maintenance Center LLC)

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Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor to Pledgee and/or its affiliatesthe Borrowers or their respective consolidated Subsidiaries, including principal, interest, charges, fees, costs and expenses, expenses however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, Agreement or any of the other Financing Agreements or otherwiseAgreements, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, or secured or unsecured, and however acquired by Pledgee unsecured (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Pledge and Security Agreement (Valhi Inc /De/)

Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor and the other Borrowers to Pledgee and/or its affiliatesPledgee, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, Agreement or any of the other Financing Agreements or otherwiseLoan Documents, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement Agreement, or after the commencement of any case with respect to Pledgor or any other Borrower under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case, whether or not such amounts are allowed or allowable in whole or in part in such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, and liquidated or unliquidated, secured or unsecuredincluding, and however acquired by Pledgee without limitation, all “Obligations” as such term is defined in the Loan Agreement (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Pledge and Security Agreement (XZERES Corp.)

Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor to Pledgee and/or its affiliatesPledgee, and Noteholders, including principal, interest, charges, fees, costs and expenses, expenses however evidenced, whether as principal, surety, endorser, guarantor endorser or otherwiseguarantor, whether arising under this Pledge Agreement, the Loan AgreementIndenture, the Notes or the other Financing Agreements or otherwiseAgreements, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or Indenture after the commencement of any case with respect to Pledgor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee and Noteholders (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Investment Property Pledge and Security Agreement (Listerhill Total Maintenance Center LLC)

Obligations Secured. The security interest, lien and other interests granted to Pledgee Secured Party pursuant to this Pledge Agreement shall secure the prompt performance performance, observance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor Debtor to Pledgee Secured Party, any Lender and/or its their respective affiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, the other Financing Agreements or otherwise, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor Debtor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee Secured Party or any Lender (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Patent Collateral Assignment and Security Agreement (Mackie Designs Inc)

Obligations Secured. The security interest, lien and other interests granted to Pledgee Secured Party pursuant to this Pledge Agreement shall secure the prompt performance performance, observance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor Debtor to Pledgee Secured Party, arising under this Agreement, and/or its affiliatesthe Promissory Note (collectively, the "Financing Agreements") including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, the other Financing Agreements or otherwise, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement Promissory Note or after the commencement of any case with respect to Pledgor Debtor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, contingent joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee Secured Party (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Assignment and Security Agreement (Telex Communications Inc)

Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance performance, observance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor and/or each Borrower to Pledgee and/or its affiliatesPledgee, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, or any of the other Financing Agreements or otherwiseAgreements, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor or any Borrower under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case, whether or not such amounts are allowed or allowable in whole or in part in such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Cash Collateral Pledge Agreement (Doe Run Resources Corp)

Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor to Pledgee and/or its affiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, Agreement or the other Financing Agreements or otherwiseAgreements, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor under the United States Bankruptcy Code or any similar statute or under any insolvency, reorganization, receivership, readjustment of debt, dissolution or liquidation law or statute of any jurisdiction now or hereafter in effect, whether at law or in equity (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Pledge and Security Agreement (Little Switzerland Inc/De)

Obligations Secured. The security interest, lien and other interests granted to Pledgee pursuant to this Pledge Agreement shall secure the prompt performance and payment in full of any and all obligations, liabilities and indebtedness of every kind, nature and description owing by Pledgor to Pledgee and/or its affiliates, including principal, interest, charges, fees, costs and expenses, however evidenced, whether as principal, surety, endorser, guarantor or otherwise, whether arising under this Pledge Agreement, the Loan Agreement, Agreement or the other Financing Agreements or otherwiseAgreements, whether now existing or hereafter arising, whether arising before, during or after the initial or any renewal term of the Loan Agreement or after the commencement of any case with respect to Pledgor under the United States Bankruptcy Code or any similar statute (including, without limitation, the payment of interest and other amounts which would accrue and become due but for the commencement of such case), whether direct or indirect, absolute or contingent, joint or several, due or not due, primary or secondary, liquidated or unliquidated, secured or unsecured, and however acquired by Pledgee (all of the foregoing being collectively referred to herein as the "Obligations").

Appears in 1 contract

Samples: Pledge and Security Agreement (Central Sprinkler Corp)

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