Release of Pledged Collateral. The Bank may release any of the Pledged Collateral from this Pledge Agreement or may substitute any of the Pledged Collateral for other Pledged Collateral without altering, varying or diminishing in any way the force, effect, lien, pledge or security interest of this Pledge Agreement as to any Pledged Collateral not expressly released or substituted, and this Pledge Agreement shall continue as a first priority lien on all Pledged Collateral not expressly released or substituted.
Appears in 4 contracts
Samples: Pledge Agreement (Argyle Security, Inc.), Pledge Agreement (Argyle Security, Inc.), Pledge Agreement (Argyle Security, Inc.)
Release of Pledged Collateral. The Bank Noteholder may release any of the Pledged Collateral from this Pledge Agreement or may substitute any of the Pledged Collateral for other Pledged Collateral without altering, varying or diminishing in any way the force, effect, lien, pledge or security interest of this Pledge Agreement as to any Pledged Collateral not expressly released or substituted, and this Pledge Agreement shall continue as a lien, first priority lien security interest, pledge and charge on all Pledged Collateral not expressly released or substitutedsubstituted when any of the Secured Obligations remains outstanding with respect to the Noteholder.
Appears in 3 contracts
Samples: Employment Agreement (VIASPACE Inc.), Stock Pledge Agreement (VIASPACE Inc.), Stock Pledge Agreement (VIASPACE Green Energy Inc.)
Release of Pledged Collateral. The Bank Lender may release any of the Pledged Collateral from this Pledge Agreement or may substitute any of the Pledged Collateral for other Pledged Collateral without altering, varying or diminishing in any way the force, effect, lien, pledge or security interest of this Pledge Agreement as to any Pledged Collateral not expressly released or substituted, and this Pledge Agreement shall continue as a first priority lien on all Pledged Collateral not expressly released or substituted.
Appears in 2 contracts
Samples: Stock Pledge Agreement (Crown Crafts Inc), Pledge Agreement (Applied Analytical Industries Inc)
Release of Pledged Collateral. The Bank Pledgees may release any of the Pledged Collateral from this Pledge Agreement or may substitute any of the Pledged Collateral for other Pledged Collateral without altering, varying or diminishing in any way the force, effect, lien, pledge or security interest of this Pledge Agreement as to any Pledged Collateral not expressly released or substituted, and this Pledge Agreement shall continue as a first priority lien on all Pledged Collateral not expressly released or substituted.
Appears in 2 contracts
Samples: Stock Purchase Agreement (Hightimes Holding Corp.), Stock Purchase Agreement (Origo Acquisition Corp)
Release of Pledged Collateral. The Bank Lender may release any of the ----------------------------- Pledged Collateral from this Pledge Agreement or may substitute any of the Pledged Collateral for other Pledged Collateral without altering, varying or diminishing in any way the force, effect, lien, pledge or security interest of this Pledge Agreement as to any Pledged Collateral not expressly released or substituted, and this Pledge Agreement shall continue as a first priority lien on all Pledged Collateral not expressly released or substituted.
Appears in 1 contract
Release of Pledged Collateral. The Bank Lender may release any of the Pledged Collateral from this Pledge Agreement or may substitute any of the Pledged Collateral for other Pledged Collateral without altering, varying or diminishing in any way the force, effect, lien, pledge or security interest of this Pledge Agreement as to any Pledged Collateral not expressly released or substituted, and this Pledge Agreement shall continue as a first priority lien lien, security interest, pledge and charge on all Pledged Collateral not expressly released or substitutedsubstituted when any of the Secured Obligations remain outstanding with respect to the Lender.
Appears in 1 contract
Samples: Pledge Agreement (Hadron Inc)
Release of Pledged Collateral. The Bank Lender may release any of the Pledged Collateral from this Pledge Agreement or may substitute any of the Pledged Collateral for other Pledged Collateral without altering, varying or diminishing in any way the force, effect, lien, pledge or security interest of this Pledge Agreement as to any Pledged Collateral not expressly released or substituted, and this Pledge Agreement shall continue as a first priority lien on all Pledged Collateral not expressly released or substituted.
Appears in 1 contract
Samples: Bond Pledge Agreement
