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

Pledge; Grant of Security Interest. The Pledgor hereby delivers to the ---------------------------------- Administrative Agent, for the ratable benefit of the Lenders, all of the Pledgor's right, title and interest in the Pledged Stock and hereby transfers and grants to the Administrative Agent, for the ratable benefit of the Lenders, a first security interest in all of the Pledgor's right, title and interest in all of the 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 Obligations.

Appears in 1 contract

Samples: Borrower Pledge Agreement (Dal Tile International Inc)

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Pledge; Grant of Security Interest. The Pledgor hereby delivers to the ---------------------------------- Administrative AgentCollateral Trustee, for the ratable benefit of the LendersSecured Parties, all of the Pledgor's right, title and interest in certificates or instruments representing or evidencing the Pledged Stock Equity Interests on the date hereof, and hereby transfers and grants to the Administrative AgentCollateral Trustee, for the ratable benefit of the LendersSecured Parties, a first priority security interest in all of the Pledgor's ’s right, title and interest in all of the 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 Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Navios South American Logistics Inc.)

Pledge; Grant of Security Interest. The Pledgor hereby delivers to the ---------------------------------- Administrative Agent, for the ratable benefit of the Lenders, all of the Pledgor's right, title and interest Interest in the Pledged Stock Stock, and hereby transfers and grants to the Administrative Agent, for the ratable benefit of the Lenders, a first security interest in all of the Pledgor's right, title and interest in all of the 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 Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Dal Tile International Inc)

Pledge; Grant of Security Interest. The Pledgor hereby delivers ---------------------------------- to the ---------------------------------- Administrative Agent, for the ratable benefit of the Lenders, all of the Pledgor's right, title and interest in Collateral Agent the Pledged Stock and hereby transfers and grants to the Administrative Agent, Collateral Agent for the equal and ratable benefit of the Lenders, Sellers a first priority security interest in all of and lien and pledge on the Pledgor's right, title and interest in all of the Collateral, 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 ObligationsNotes and the performance when due of its obligations hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Mobile Telecommunication Technologies Corp)

Pledge; Grant of Security Interest. The Pledgor hereby delivers to the ---------------------------------- Administrative Agent, for the ratable benefit of the Lenders, all of the Pledgor's right, title and interest in the Pledged Stock Stock, and hereby transfers and grants to the Administrative Agent, for the ratable benefit of the Lenders, a first security interest in all of the Pledgor's right, title and interest in all of the 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 Guarantee Obligations.

Appears in 1 contract

Samples: Holdings Pledge Agreement (Dal Tile International Inc)

Pledge; Grant of Security Interest. The Each Pledgor hereby delivers to the ---------------------------------- Administrative Collateral Agent, for the ratable benefit of the Lenders, all of the such Pledgor's right, title and interest in the Pledged Stock and hereby transfers and grants to the Administrative Collateral Agent, for the ratable benefit of the Lenders, a first security interest in all of the such Pledgor's right, title and interest in all of the 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 Guarantee Obligations.

Appears in 1 contract

Samples: Term Loan Agreement (Gulfstream Aerospace Corp)

Pledge; Grant of Security Interest. The Pledgor Pledgors hereby delivers deliver to the ---------------------------------- Administrative Agent for the benefit of Lenders all of the Pledgors' right, title and interest in and to the Pledged Stock, and hereby transfer and grant to the Agent, for the ratable benefit of the Lenders, a valid, continuing, enforceable and fully-protected senior, first-priority Lien in all of the Pledgor's Pledgors' right, title and interest in the Pledged Stock and hereby transfers and grants to the Administrative AgentCollateral, for the ratable benefit of the Lenderswhether now owned or hereafter acquired, a first security interest in all of the Pledgor's right, title and interest in all of the Collateralincluding Proceeds thereof, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Obligations.

Appears in 1 contract

Samples: Pledge Agreement (Archibald Candy Corp)

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Pledge; Grant of Security Interest. The Pledgor hereby delivers to the ---------------------------------- Administrative Collateral Agent, for the ratable benefit of the Lenders, all of the Pledgor's right, title and interest in the Pledged Stock Stock, and hereby transfers and grants to the Administrative Collateral Agent, for the ratable benefit of the Lenders, a first security interest in all of the Pledgor's right, title and interest in all of the 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 Guarantee Obligations.

Appears in 1 contract

Samples: Term Loan Agreement (Gulfstream Aerospace Corp)

Pledge; Grant of Security Interest. The Pledgor hereby delivers pledges to the ---------------------------------- Administrative Agent, for the ratable benefit of the LendersSecured Parties, all of the Pledgor's right, title and interest in the Pledged Stock Stock, and hereby transfers and grants to the Administrative Agent, for the ratable benefit of the LendersSecured Parties, a first security interest in all of the Pledgor's right, title and interest in all of the 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 Guarantee Obligations.

Appears in 1 contract

Samples: Stock Pledge Agreement (Lin Television Corp)

Pledge; Grant of Security Interest. The Pledgor hereby delivers to the ---------------------------------- Administrative Agent, for the ratable benefit of the Lenders, all of the Pledgor's right, title and interest in certificates or instruments representing or evidencing the Pledged Stock and any Pledged Notes on the date hereof, and hereby transfers and grants to the Administrative Agent, for the ratable benefit of the Lenders, a first priority security interest in all of the Pledgor's right, title and interest in all of the 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 Obligations.

Appears in 1 contract

Samples: Credit Agreement (Werner Holding Co Inc /Pa/)

Pledge; Grant of Security Interest. The Pledgor hereby delivers to the ---------------------------------- Administrative Collateral Agent, for the ratable benefit of the Lenders, all of the Pledgor's right, title and interest in the Pledged Stock and the Pledged Notes and hereby transfers and grants to the Administrative Collateral Agent, for the ratable benefit of the Lenders, a first security interest in all of the Pledgor's right, title and interest in all of the 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 Obligations.

Appears in 1 contract

Samples: Term Loan Agreement (Gulfstream Aerospace Corp)

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