PLEDGE AND DEPOSIT OF SHARES Sample Clauses

PLEDGE AND DEPOSIT OF SHARES. Guarantor hereby pledges, assigns and grants a security interest to Lender in 598 shares of the common stock of Borrower and 336 shares of the preferred stock of Borrower (collectively, the "Stock"), as represented by Certificate Nos. 2 and 20 with respect to the common stock and Certificate Nos. 2 and 3 with respect to the preferred stock, now standing in Guarantor's name and constituting 59.8% of the issued and outstanding common capital stock of Borrower and 100% of the issued and outstanding preferred capital stock of Borrower, all as collateral security for the full and punctual payment and due performance by Borrower and Guarantor of (i) the Note and Guarantor's guaranty of the Note, and (ii) all other liabilities, obligations and indebtedness of whatever kind of Borrower and Guarantor to Lender, whether created directly or acquired by Lender by assignment or otherwise, whether now existing or hereafter created, arising or acquired, absolute or contingent, joint or several, due or to become due, and including, but not limited to, future advances by Lender to Borrower and Guarantor. All of the foregoing are referred to collectively herein as the "Secured Obligations."

PLEDGE AND DEPOSIT OF SHARES. Borrower hereby pledges, assigns and grants a security interest to Lender in 2,617,243 shares of the stock of Riverside Group, Inc., a Florida corporation (the "Stock"), as represented by the Certificates now listed on Exhibit A attached hereto and made a part hereof, now standing in Borrower's name and constituting approximately forty-eight percent (48%) of the issued and outstanding capital stock of the Corporation, all as collateral security for the full and punctual payment and due performance by Borrower of (i) the Note, and (ii) all other liabilities, obligations and indebtedness of whatever kind of Borrower to Lender, whether created directly or acquired by Lender by assignment or otherwise, whether now existing or hereafter created, arising or acquired, absolute or contingent, joint or several, due or to become due, and including, but not limited to, future advances by Lender to Borrower. All of the foregoing are referred to collectively herein as the "Secured Obligations."

PLEDGE AND DEPOSIT OF SHARES. Borrower hereby pledges, assigns and grants a security interest to Lender in 160,000 shares of the Stock, as represented by Certificate Nos. _____ and _____ now standing in Borrower's name, which certificates have been delivered herewith by Borrower to Lender, together with duly executed blank stock powers attached thereto, all as collateral security for the full and punctual payment and due performance by Borrower of (i) the Note and (ii) all other liabilities, obligations and indebtedness of whatever kind of Borrower to Lender, whether created directly or acquired by Lender by assignment or otherwise, whether now existing or hereafter created, arising or acquired, absolute or contingent, joint or several, due or to become due, and including, but not limited to, future advances by Lender to Borrower. All of the foregoing are referred to collectively herein as the "Secured Obligations."

PLEDGE AND DEPOSIT OF SHARES. HDT hereby pledges and assigns to USPI, and grants to USPI a security interest in, the Stock, as represented by certificate number CB-001 now standing in HDT's name, which certificate has been delivered by HDT to USPI contemporaneously herewith, together with a duly executed blank stock power attached thereto, all as collateral security for all amounts which HDT may owe USPI pursuant to the Notes.