Common use of Composition of the Collateral Clause in Contracts

Composition of the Collateral. The property in which a security interest is granted pursuant to the Pledge Agreement, and Section 4.02 hereof is herein collectively referred to herein as the "Collateral." The Collateral, together with all other property of the Borrower of any kind held by the Bank, shall stand as one general, continuing collateral security for all Obligations and may be retained by the Bank until all Obligations have been satisfied in full.

Composition of the Collateral. The property in which a security interest is granted pursuant to the Pledge Agreement, and provisions of Section 4.02 hereof is herein collectively referred to herein as called the "CollateralCOLLATERAL." The Collateral, together with all other property of the Borrower of any kind held by the Bank, Bank shall stand as one general, continuing collateral security for all Obligations and may be retained by the Bank as collateral security until all Obligations have been satisfied in full.