Common use of Pledge; Grant of Security Interest Clause in Contracts

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, and transfers, as appropriate, to the Lender all the Pledged Collateral and hereby grants to the Lender a first security interest in the Pledged Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Appears in 2 contracts

Samples: Pledge Agreement (Merisel Inc /De/), Pledge Agreement (Merisel Inc /De/)

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Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, pledges and transfers, as appropriate, to the Lender all the Pledged Collateral and hereby grants to the Lender a first security interest in the Pledged CollateralAgent, on behalf of Lender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.Debt, a first priority security interest in all of Pledgor’s right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):

Appears in 2 contracts

Samples: Mezzanine Pledge and Security Agreement (New York REIT, Inc.), Mezzanine Pledge and Security Agreement (New York REIT, Inc.)

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, pledges and transfers, as appropriate, to the Lender all the Pledged Collateral and hereby grants to the Lender a first security interest in Collateral Agent, for the Pledged Collateralbenefit of the Investors, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations., a first priority security interest in all of such Pledgor’s right, title and interest to the following (collectively, the “Pledged Collateral”):

Appears in 2 contracts

Samples: Note Purchase Agreement (Sotherly Hotels Lp), Pledge and Security Agreement (Sotherly Hotels Lp)

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, and transfers, as appropriate, to the Lender all the Pledged Collateral and hereby grants to the Lender a first security interest in the Pledged Collateral, as As collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations., Pledgor hereby assigns, pledges and hypothecates to the Lender, and grants to Lender a security interest in (all being collectively referred to as the "Pledged Collateral"), all of its right, title and interest in and to:

Appears in 2 contracts

Samples: Pledge and Security Agreement (Katzman Chaim), Pledge and Security Agreement (Katzman Chaim)

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, pledges and transfers, as appropriate, to the Lender all the Pledged Collateral and hereby grants to the Lender a first security interest in the Pledged CollateralLender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.Debt, a first priority security interest in all of Pledgor’s right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):

Appears in 2 contracts

Samples: Pledge and Security Agreement (BRE Select Hotels Corp), Pledge and Security Agreement (BRE Select Hotels Corp)

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, and transfers, as appropriate, to the Lender all the Pledged Collateral and hereby grants to the Lender a first security interest in the Pledged Collateral, as collateral As security for the prompt and complete payment and performance when due of all the Obligations and to induce Lender to make the Loan, Pledgor hereby grants, pledges and assigns to Lender a first priority security interest in all of Pledgor’s right, title and interest in, to, and under, whether now existing or hereafter arising and agrees to deliver and pledge to Lender pursuant to this Pledge Agreement, the following (whether at all of which being herein collectively called the stated maturity, by acceleration or otherwise) of the Secured Obligations.“Collateral”):

Appears in 1 contract

Samples: Mezzanine Pledge and Security Agreement (TNP Strategic Retail Trust, Inc.)

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, pledges and transfers, as appropriate, to the Lender all the Pledged Collateral and hereby grants to the Lender a first security interest in the Pledged CollateralLender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.Debt, a first priority security interest in all of Pledgor’s right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Pledge and Security Agreement (BRE Select Hotels Corp)

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, pledges and transfers, as appropriate, to the Lender all the Pledged Collateral and hereby grants to the Lender a first security interest in the Pledged CollateralAgent, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.Debt, a first priority security interest in all of Pledgor’s right, title and interest to the following (collectively, the “Collateral”):

Appears in 1 contract

Samples: Security Agreement (Hospitality Investors Trust, Inc.)

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, and transfers, as appropriate, to the Lender Lender, all the Pledged Collateral and hereby grants to the Lender Lender, a first security interest in the Pledged Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (GMH Communities Trust)

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Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, pledges and transfers, as appropriate, to the Lender all the Pledged Collateral and hereby grants to the Lender a first security interest in the Pledged CollateralLender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.Debt, a first priority security interest in all of Pledgor’s right, title and interest to the following (collectively, the “Collateral”):

Appears in 1 contract

Samples: Pledge and Security Agreement (Hcp, Inc.)

Pledge; Grant of Security Interest. Each Pledgor hereby deliverspledges and delivers all of Pledgor's right, pledges, assigns, title and transfers, as appropriate, interest in and to the Lender all the Pledged Collateral Units and hereby grants to the Lender Pledgee a first priority security interest in the Pledged Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration acceleration, or otherwise) of the Secured Obligations.

Appears in 1 contract

Samples: Pledge Agreement (White River Capital Inc)

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, pledges and transfers, as appropriate, to the Lender all the Pledged Collateral and hereby grants to the Lender a first security interest in the Pledged CollateralLender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.Debt, a first priority security interest in all of Pledgor's right, title and interest to the following (collectively, the "Collateral"):

Appears in 1 contract

Samples: Pledge and Security Agreement (Hcp, Inc.)

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, pledges and transfers, as appropriate, to the Lender all the Pledged Collateral and hereby grants to Agent for the Lender a first security interest in the Pledged Collateralbenefit of Lender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.Debt, a first priority security interest in all of Pledgor’s right, title and interest to and under, in each case, whether now owned or existing, or hereafter acquired or arising in the following (collectively, the “Pledged Collateral”):

Appears in 1 contract

Samples: Pledge and Security Agreement (New York REIT, Inc.)

Pledge; Grant of Security Interest. Each Pledgor hereby delivers, pledges, assigns, pledges and transfers, as appropriate, to the Lender all the Pledged Collateral and hereby grants to the Lender a first security interest in the Pledged CollateralLender, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations., a first priority security interest in all of Pledgor’s right, title and interest to the following (the “Collateral”):

Appears in 1 contract

Samples: Pledge and Security Agreement (Capital Trust Inc)

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