Common use of Deposit of Collateral Clause in Contracts

Deposit of Collateral. To secure payment of the Pledgor's obligations under the Loan Agreement, Pledgor hereby pledges and deposits the Securities with Pledgee and hereby grants to Pledgee a valid and perfected first lien on and security interest in the Securities and other items of the Collateral.

Appears in 2 contracts

Sources: Stock Pledge Agreement (Altair International Inc), Stock Pledge Agreement (Altair International Inc)

Deposit of Collateral. To secure payment of the Pledgor's obligations under the Loan AgreementNote, Pledgor hereby pledges and deposits the Securities with Pledgee and hereby grants to Pledgee a valid and perfected first lien on and security interest in the Securities and other items of the Collateral.

Appears in 2 contracts

Sources: Stock Pledge Agreement (Altair International Inc), Stock Pledge Agreement (Altair International Inc)

Deposit of Collateral. To secure payment of the Pledgor's obligations --------------------- under the Loan AgreementNote, Pledgor hereby pledges and deposits the Securities with Pledgee and hereby grants to Pledgee a valid and perfected first lien on and security interest in the Securities and other items of the Collateral.

Appears in 1 contract

Sources: Term Note (Wintrust Financial Corp)

Deposit of Collateral. To secure payment of the Pledgor's obligations under the Loan AgreementNote, Pledgor hereby pledges and deposits the Securities with Pledgee and hereby grants to Pledgee a valid and perfected first lien on and security interest in the Securities and other items of the Collateral.

Appears in 1 contract

Sources: Term Note (Wintrust Financial Corp)