Common use of Security for the Obligations Clause in Contracts

Security for the Obligations. This Agreement secures, and the Pledged Collateral is security for, the prompt payment and performance of all obligations of the Pledgor under the Guaranty, and all obligations of Pledgor now or hereafter existing under this Agreement, including, without limitation, all reasonable costs and expenses of the Pledgee in connection with preserving, defending or enforcing the Pledged Collateral or the security interest granted hereunder and all other reasonable costs and expenses of the Pledgee incurred in connection with this Agreement (collectively, the "OBLIGATIONS").

Appears in 2 contracts

Samples: Pledge Agreement (Boston Capital Real Estate Investment Trust Inc), Pledge Agreement (Boston Capital Real Estate Investment Trust Inc)

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Security for the Obligations. This Pledge Agreement secures, and the Pledged Collateral is collateral security for, the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of all the Obligations or other obligations of the Pledgor under the GuarantyPledgor, and all obligations of Pledgor whether for principal, interest, fees or otherwise, now or hereafter existing existing, under this Pledge Agreement, including, without limitation, all reasonable costs and expenses of the Pledgee in connection with preserving, defending or enforcing the Pledged Collateral or the security interest granted hereunder and Notes (all other reasonable costs and expenses of the Pledgee incurred in connection with this Agreement (collectively, such obligations being the "SECURED OBLIGATIONS").

Appears in 1 contract

Samples: Pledge Agreement (Viewpoint Corp/Ny/)

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Security for the Obligations. This Pledge Agreement secures, and the Pledged Collateral is collateral security for, the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of all the Obligations or other obligations of the Pledgor under the GuarantyPledgor, and all obligations of Pledgor whether for principal, interest, fees or otherwise, now or hereafter existing existing, under this Pledge Agreement, including, without limitation, all reasonable costs and expenses of the Pledgee in connection with preserving, defending or enforcing the Pledged Collateral Solectron Debentures or the security interest granted hereunder and Solectron Indenture (all other reasonable costs and expenses of the Pledgee incurred in connection with this Agreement (collectively, such obligations being the "OBLIGATIONSSecured Obligations").

Appears in 1 contract

Samples: Pledge Agreement (Solectron Corp)

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