Security Interest and Pledge Clause Examples
Security Interest and Pledge. Subject to the terms of this Agreement and the Credit Agreement, and to secure the Secured Obligations, each Pledgor hereby pledges, assigns, grants, conveys and transfers to the Administrative Agent for the ratable benefit of the Secured Parties a continuing first priority security interest in, and a right of set-off against, any and all of such Pledgor’s rights, title and interest in, to and under the following property, whether now existing or owned, acquired or arising hereafter (collectively, the “Collateral”):
(a) all of shares of Capital Stock in the Persons listed on the attached Schedule 2.1(a) and any other entities which hereafter become Subsidiaries of such Pledgor or any of its Subsidiaries in which such Pledgor has an ownership interest (other than a Regulated Subsidiary, until such time as all approvals and/or consents required by Section 7.16 of the Credit Agreement with respect to such Regulated Subsidiary shall have been obtained) (collectively, the “Companies”), and the certificates or instruments, if any, representing such Capital Stock and all options and other rights, contractual or otherwise, with respect thereto (collectively, the “Pledged Shares”);
(b) any other shares of Capital Stock hereafter pledged to the Administrative Agent pursuant to this Agreement;
(c) all “investment property” as such term is defined in §9-102(a)(49) of the UCC with respect thereto;
(d) any “security entitlement” as such term is defined in § 8-102(a)(l7) of the UCC with respect thereto;
(e) all books and records relating to the foregoing; and
(f) all Accessions and Proceeds (as each is defined in the UCC) of the foregoing, including, without limitation, all distributions (cash, stock, or otherwise), dividends, stock dividends, securities, cash, instruments, rights to subscribe, purchase, or sell, and other property, rights, and interest that such Pledgor is at any time entitled to receive or is otherwise distributed in respect of, or in exchange for, any or all of the Collateral, and without affecting the obligations of such Pledgor under any provision of the Credit Agreement, in the event of any consolidation or merger in which such Pledgor is not the surviving corporation, all shares of each class or Capital Stock of the successor entity formed by or resulting from such consolidation or merger (all of the foregoing described in this clause (f), the “Collateral Proceeds”); provided, that in no event shall the Administrative Agent’s security interest enc...
Security Interest and Pledge. As security for the prompt and complete satisfaction of any and all obligations of the Company under this Agreement and the Note, or under any other agreement or note, now existing or hereafter arising, whether for principal, interest, expenses or otherwise, the Company hereby grants, transfers and assigns and pledges to Lender all of its respective right, title and interest in and grants Lender a senior security interest in the Company's assets as set forth in those UCC-1 Financing Statements (the "UCC-1") filed
Security Interest and Pledge. As security for the prompt and complete payment of any and all obligations of the Company under this Agreement and the Lender Note, or under any other agreement or note, now existing or hereafter rising, whether for principal, interest, expenses or otherwise, the Company hereby grants, transfers and assigns and pledges to Lender all of its respective right, title and interest in and grants Lender a senior security interest in the Company's assets as set forth in Schedule 3.1 attached hereto (the "PLEDGED ASSETS") now in existence, together with after-acquired property."
Security Interest and Pledge. As security for the prompt and complete satisfaction of all obligations of the Company under this Agreement and the Lender Note, whether
Security Interest and Pledge. As security for the prompt and complete satisfaction of all obligations of the Company under this Agreement and the Lender Note, whether for principal, interest, expenses or otherwise, the Company hereby grants, transfers and assigns and pledges to Lender all of its respective right, title and interest in and grants Lender a senior security interest in the Company's assets as set forth in Schedule 3.1 attached hereto (the "PLEDGED ASSETS").
Security Interest and Pledge. As collateral security for the prompt payment in full when due of all of the obligations, indebtedness and liabilities of Debtor to Secured Parties arising pursuant to or in connection with the Notes or this Agreement, whether now existing or hereafter arising, whether direct, indirect, fixed, contingent, liquidated, unliquidated, joint, several, or joint and several, Debtor hereby pledges and grants to Secured Parties, a security interest in and to all of Debtor's right, title and interest in and to the following (such property being hereinafter sometimes called the "Collateral"):
(a) all accounts, accounts receivable, documents, instruments, chattel paper, and general intangibles of Debtor and all products and proceeds thereof; and
(b) all equipment, inventory, machinery, and fixtures of Debtor and all accessions thereto and all products and proceeds thereof;
Security Interest and Pledge. As security for the prompt and complete satisfaction of any and all obligations of the Company under this Agreement and the Note, or under any other agreement or note, now existing or hereafter arising, whether for principal, interest, expenses or otherwise, the Company hereby grants, transfers and assigns and pledges to Lender all of its respective right, title and interest in and grants Lender a senior security interest in the Company's assets as set forth in those UCC-1 Financing Statements (the "UCC-1") filed with the Secretary of State of the States of Florida, California, Delaware and Pennsylvania (the "PLEDGED ASSETS"), which assets are now in existence, together with after-acquired property.
Security Interest and Pledge. The Debtor hereby pledges and grants to the Administrative Agent, for the pro rata benefit of the Lenders, a lien on and security interest in all of the Debtor's right, title, and interest in and to the following, whether now owned or hereafter arising or acquired and wherever located (collectively, the "Collateral"):
(a) all Accounts;
(b) all Chattel Paper;
(c) all Instruments;
(d) all General Intangibles and all Securities;
(e) all Investment Property;
(f) all Documents;
(g) all Equipment, including, without limitation, all Motor Vehicles;
(h) all Inventory;
(i) all other goods and personal property of the Debtor whether tangible or intangible; and
(j) all Proceeds and products of any or all of the foregoing.
Security Interest and Pledge. As collateral security for the prompt payment in full when due of the obligations of the Debtors described in the Loan Agreement (whether at stated maturity, by acceleration, or otherwise) and other Loan Documents and all present and future obligations of Pledgor under this Agreement and all other Loan Documents (collectively, the "Obligations"), Pledgor hereby pledges and grants to Secured Party a first priority security interest in the following property (such property being hereinafter sometimes called the "Collateral"):
(a) all of Pledgor's shares of stock, now owned or hereafter acquired, in the corporation described on Schedule 1 attached hereto (the "Company"), as evidenced on the date hereof by the certificates described on Schedule 1 attached hereto; and
(b) all proceeds, revenues, distributions, dividends, stock dividends, securities, and other property, rights, and interests that Pledgor receives or is at any time entitled to receive on account of the Collateral described in clause (a) above.
Security Interest and Pledge. The Pledgor hereby pledges to the Secured Party, and grants to the Secured Party, a security interest in 396,476 shares of the Secured Party’s common stock (the “Pledged Shares”) and the certificate representing the Pledged Shares, and all dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Shares, and a security interest in warrants to purchase 396,476 shares of the Secured Party’s common stock (the “Pledged Warrants”) and the certificate representing the Pledged Warrants (collectively, the “Pledged Collateral”).