DEFINITION OF PLEDGED PROPERTY. For the purpose of securing prompt and complete payment and performance by the Pledgor of all of the Obligations, the Pledgor unconditionally and irrevocably hereby grants to the Secured Party a continuing security interest in and to, and lien upon, all of Pledgor’s and its current or future acquired subsidiaries’ assets, including specifically the following Pledged Property of the Pledgor:
Appears in 2 contracts
Sources: Security Agreement (Novo Energies Corp), Security Agreement (New Media Lottery Services Inc)