Grant of Security and Pledge. Grantor hereby transfers, grants, bargains, sells, conveys, hypothecates, assigns, pledges and sets over to Collateral Agent for its benefit and the ratable benefit of Noteholders, and hereby grants to Collateral Agent for its benefit and the ratable benefit of Noteholders a perfected pledge and security interest in, all of Grantor' right, title and interest in and to the following (the "COLLATERAL"):
Grant of Security and Pledge. Each of the Grantors hereby transfers, grants, bargains, sells, conveys, hypothecates, assigns, pledges and sets over to the Agent for its benefit and the ratable benefit of the Banks and hereby grants to the Agent for its benefit and the ratable benefit of the Banks, a pledge and security interest in all of the Grantors' right, title and interest in and to the following (the "Collateral") which pledge and security interest shall have the priorities set forth in Orders and shall be subject to the Carve-Out:
Grant of Security and Pledge. As security for the Obligations (as hereinafter defined), Pledgor hereby delivers, assigns, pledges, sets over and grants to the Secured Party a first priority security interest in, all of its right, title and interest, whether now existing or hereafter arising or acquired, in and to any and all limited liability company membership interests of the Company, as more fully described on Exhibit A hereto, which is executed by an authorized person of the Pledgor (the “Collateral”).
Grant of Security and Pledge. The Grantor hereby assumes the obligations of the Debtor under the Pre-Petition Security Agreements and the DIP Security Agreement and hereby transfers, grants, bargains, sells, conveys, hypothecates, assigns, pledges and sets over to the Agent for its benefit and the benefit of the Lenders, the Fronting Banks, the Underwriters, the Pre-Petition Lenders, the Letter of Credit Bank, the Pre-Petition Agent, the DIP Agent, the DIP Fronting Banks, the DIP Lenders, the Hedging Bank and the Cash Management Banks (collectively, together with the Agent, the "Secured Parties"), a perfected pledge of and security interest in all of the Grantor's right, title and interest in and to the following (collectively, the "Collateral"), which pledge and security interest shall be a first priority security interest and Lien senior to any and all other Liens, except that it shall be junior to Liens securing the Grantor's obligations under the UBS Loan Documents (as hereinafter defined) and Liens securing the Synthetic Lease Obligations, each to the extent in existence and perfected as of the date hereof and shall be subject to the prior rights of the Credit Card Banks (as hereinafter defined) under the GE Credit Program Documents (as hereinafter defined) with respect to certain accounts receivable, returned merchandise and general intangibles of the Grantor financed thereunder:
Grant of Security and Pledge. Each of the Grantors hereby transfers, grants, bargains, sells, conveys, hypothecates, assigns, pledges and sets over to the Administrative Agent for its benefit and the ratable benefit of the holders from time to time of the Secured Obligations (as defined in Section 2 below), including without limitation the Lenders and each Cash Management Provider, its banking Affiliates and their respective successors and assigns (collectively, the “Cash Management Providers”) (all such holders, with the Administrative Agent, collectively, the “Secured Parties”), and hereby grants to the Administrative Agent for the ratable benefit of the Secured Parties a perfected pledge and security interest in, all of the Grantors’ right, title and interest in and to the following (the “Collateral”), which pledge and security interest shall be (x) junior to the liens described in clauses (xii) and (xiii) of the definition of “Permitted Liens” in Section 1.01 of the Credit Agreement, (y) subject to the terms of the Intercreditor Agreement and (z) subject to the Carve-Out:
Grant of Security and Pledge. Subject to entry of the ---------------------------- Final Order, each of the Grantors hereby transfers, grants, bargains, sells, conveys, hypothecates, assigns, pledges and sets over to the Agent for its benefit and the ratable benefit of the Lenders, and hereby grants to the Agent for its benefit and the ratable benefit of the Lenders a perfected pledge and security interest in, all of the Grantors' right, title and interest in and to the following (the "Collateral"), which pledge and security interest ---------- shall be (x) junior to valid and perfected Liens permitted pursuant to clauses (i) and (ii) of Section 6.1 of the Credit Agreement, provided that upon -------- repayment of all Indebtedness under the Existing Agreement, the Obligations of the Borrowers hereunder and under the Loan Documents and in respect of Indebtedness permitted by Section 6.3(v) of the Credit Agreement shall automatically be secured, pursuant to Section 364(c)(2) of the Bankruptcy Code, by a perfected first priority Lien (subject to valid and perfected Liens permitted pursuant to clauses (i) and (ii) of Section 6.1 of the Credit Agreement) on all property of the Borrowers that then secures the Existing Agreement, and (y) subject to the Carve-Out:
Grant of Security and Pledge. Each of the Grantors hereby grants and pledges to the Collateral Agent, for its benefit and the ratable benefit of the Secured Parties, a perfected Lien on and security interest in all of each Grantor’s right, title and interest in and to the following (the “Collateral”), which Lien and security interest shall be subject to the priorities set forth in the DIP Refinancing Order:
Grant of Security and Pledge. In order to further secure the Pledgor's full and complete performance of all obligations under the Note, the Pledgor hereby pledges, collaterally assigns and grants to the Company a security interest (the "Security Interest") in all of Pledgor's right, title and interest in and to the Pledged Shares, and all rights and privileges pertaining thereto as well as all products, proceeds, profits, interest, dividends, increases and distributions received therefor, including distributions or payments in partial or complete liquidation or redemption as the result of a reclassification, readjustment or reorganization or change in the capital structure of any issuer thereof or any other profit at any time or from time to time receivable or otherwise distributed or delivered to Pledgor in connection therewith and all rights and privileges pertaining thereto, together with all proceeds and substitutions, including all securities, subscription rights, dividends (including, without limitation, cash dividends, stock dividends, dividends paid in stock, liquidated dividends, dividends paid in other property) or other property or benefits to which Pledgor is entitled to receive on account of any of the foregoing Pledged Shares, indirectly or directly.
Grant of Security and Pledge. Each of the Grantors hereby ----------------------------- transfers, grants, bargains, sells, conveys, hypothecates, assigns, pledges and sets over to the Agent for its benefit and the ratable benefit of the Banks and hereby grants to the Agent for its benefit and the ratable benefit of the Banks, a perfected pledge and security interest in all of the Grantors' right, title and interest in and to the following (the "Collateral") which pledge and ---------- security interest shall have the priorities set forth in Orders and shall be subject to the Carve-Out:
Grant of Security and Pledge. Each of the Grantors hereby ---------------------------- transfers, grants, bargains, sells, conveys, hypothecates, assigns, pledges and sets over to the Agent for its benefit and the ratable benefit of the Banks and hereby grants to the Agent for its benefit and the ratable benefit of the Banks, a perfected pledge and security interest in all of each Grantors' right, title and interest in and to the following (the "Collateral"), which pledge and security interest shall be ---------- subject to the priorities and other terms set forth in Section 2.23 of the Credit Agreement:
