Pledge and Assignment. The Pledgor hereby pledges and assigns to the Collateral Agent for its benefit and the ratable benefit of the Lenders, and grants to the Collateral Agent for its benefit and the ratable benefit of the Lenders a security interest in, the following collateral (the "COLLATERAL"): (i) the Account, all funds held therein and all certificates and instruments, if any, from time to time representing or evidencing the Account; (ii) all Investments (as hereinafter defined) from time to time, and all certificates and instruments, if any, from time to time representing or evidencing the Investments; (iii) all notes, certificates of deposit, deposit accounts, checks and other instruments from time to time hereafter delivered to or otherwise possessed by the Collateral Agent for or on behalf of the Pledgor in substitution for or in addition to any or all of the then existing Collateral; (iv) all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the then existing Collateral; and (v) all proceeds of any and all of the foregoing Collateral.
Appears in 2 contracts
Sources: Credit Agreement (CMS Energy Corp), Credit Agreement (CMS Energy Corp)
Pledge and Assignment. The Each Pledgor hereby pledges and assigns to the Collateral Agent for its benefit and the ratable benefit of the Lenders, Agents and the other Holders, and grants to the Collateral Agent for its benefit and the ratable benefit of the Lenders Lenders, the Agents and the other Holders a security interest in, the following collateral (the "COLLATERALCollateral"):
(i) the Account, all funds held therein and all certificates and instruments, if any, from time to time representing or evidencing the Account;
(ii) all Investments (as hereinafter defined) from time to time, and all certificates and instruments, if any, from time to time representing or evidencing the Investments;
(iii) all notes, certificates of deposit, deposit accounts, checks and other instruments from time to time hereafter delivered to or otherwise possessed by the Collateral Agent for or on behalf of the such Pledgor in substitution for or in addition to any or all of the then existing Collateral;
(iv) all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the then existing Collateral; and
(v) all proceeds of any and all of the foregoing Collateral.
Appears in 2 contracts
Sources: Credit Agreement (General Inspection Laboratories Inc), Credit Agreement (General Inspection Laboratories Inc)
Pledge and Assignment. The Pledgor Seller hereby pledges and assigns to the Collateral Agent Agent, for its benefit and the ratable benefit of the LendersBuyer, and hereby grants to the Collateral Agent Agent, for its benefit and the ratable benefit of the Lenders Buyer, a continuing lien and security interest in, the following collateral (the "COLLATERALAccount Collateral"):
(i) the Account, all funds held therein Collateral Account and all certificates and instruments, if any, from time to time credited to or representing or evidencing the AccountCollateral Account and all funds therein;
(ii) all Investments (as hereinafter defined) from time to time, time and all certificates and instruments, if any, from time to time credited to or representing or evidencing the Investments;
(iii) all notes, certificates of deposit, deposit accounts, checks and other instruments from time to time hereafter delivered to or otherwise possessed by the Collateral Agent for or on behalf of the Pledgor Seller in substitution for or in addition to any or all of the then existing Account Collateral;
(iv) all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the then existing Account Collateral; and
(v) to the extent not covered by clauses (i) through (iv) above, all proceeds of any and or all of the foregoing Account Collateral.
Appears in 1 contract
Pledge and Assignment. The Pledgor hereby pledges and assigns to the Collateral Agent for its benefit and the ratable benefit of the Lenders, and grants to the Collateral Agent for its benefit and the ratable benefit of the Lenders a security interest in, the following collateral (the "COLLATERALCollateral"):
(i) the Account, all funds held therein and all certificates and instruments, if any, from time to time representing or evidencing the Account;
(ii) all Investments (as hereinafter defined) from time to time, and all certificates and instruments, if any, from time to time representing or evidencing the Investments;
(iii) all notes, certificates of deposit, deposit accounts, checks and other instruments from time to time hereafter delivered to or otherwise possessed by the Collateral Agent for or on behalf of the Pledgor in substitution for or in addition to any or all of the then existing Collateral;
(iv) all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the then existing Collateral; and
(v) all proceeds of any and all of the foregoing Collateral.
Appears in 1 contract
Sources: Credit Agreement (CMS Energy Corp)
Pledge and Assignment. The Each Pledgor hereby pledges and assigns to the Collateral Agent for its benefit and the ratable benefit of the Lenders, Agents and the other Holders, and grants to the Collateral Agent for its benefit and the ratable benefit of the Lenders Lenders, the Agents and the other Holders a security interest in, the following collateral (the "COLLATERALCollateral"):
(i) the Account, all funds held therein and all certificates and instruments, if any, from time to time representing or evidencing the Account;
(ii) all Investments (as hereinafter defined) from time to time, and all certificates and instruments, if any, from time to time representing or evidencing the Investments;
(iii) all notes, certificates of deposit, deposit accounts, checks and other instruments from time to time hereafter delivered to or otherwise possessed by the Collateral Agent for or on behalf of the such Pledgor in substitution for or in addition to any or all of the then existing Collateral;
(iv) all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the then existing Collateral; and
(v) all proceeds of any and all of the foregoing Collateral. Each Existing Pledgor reaffirms its pledge of a security interest in the Pledged Collateral made as of October 31, 1997.
Appears in 1 contract
Pledge and Assignment. The Pledgor hereby pledges and assigns to the Collateral Agent for its benefit and the ratable benefit of the Lenders, and grants to the Collateral Agent for its benefit and the ratable benefit of the Lenders a security interest in, the following collateral (the "COLLATERAL"):
(i) the Account, all funds held therein and all certificates and instruments, if any, from time to time representing or evidencing the Account;; 74
(ii) all Investments (as hereinafter defined) from time to time, and all certificates and instruments, if any, from time to time representing or evidencing the Investments;
(iii) all notes, certificates of deposit, deposit accounts, checks and other instruments from time to time hereafter delivered to or otherwise possessed by the Collateral Agent for or on behalf of the Pledgor in substitution for or in addition to any or all of the then existing Collateral;
(iv) all interest, dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the then existing Collateral; and
(v) all proceeds of any and all of the foregoing Collateral.
Appears in 1 contract