Common use of Grant and Pledge of Collateral Clause in Contracts

Grant and Pledge of Collateral. As general and continuing collateral security for the payment and performance of all Obligations, the Pledgor hereby, subject to Permitted Encumbrances, mortgages, charges, assigns, transfers, delivers, pledges, hypothecates and creates a Security Interest in, to and in favour of the Lenders, all right, title and interest which the Pledgor now has or may hereafter acquire in and to the following: (a) all Pledged Securities, together with any renewals thereof, substitutions thereof or additions thereto and all certificates and instruments evidencing or representing the Pledged Securities; (b) any and all dividends, as and where declared, whether in shares, money or property, received or receivable upon or in respect of any Pledged Securities and all interest payments and money or other property paid or payable on account of any return on, or repayment of, capital in respect of any Pledged Securities or that will in any way be charged to, or be payable out of, the capital of the Guarantor in respect thereof; (c) any and all other property that may at any time be received or receivable by or otherwise distributed to the Pledgor in respect of, or in substitution for, or in addition to, or in exchange for, or on account of, any of the foregoing, including, without limitation, any shares or other securities resulting from the subdivision, consolidation, change, conversion or reclassification of any of the Pledged Securities, or the reorganization or amalgamation of Guarantor with any other body corporate, or the occurrence of any event which results in the substitution or exchange of the Pledged Securities; and (d) any and all cash, securities and other proceeds in respect of the foregoing and all rights and interest of the Pledgor in respect thereof or evidenced thereby including, without limiting the generality of the foregoing, all money received or receivable from time to time by the Pledgor in connection with the sale of any of the Pledged Securities.

Grant and Pledge of Collateral. As general and continuing collateral security for the payment and performance of all the Obligations, the Pledgor hereby, subject hereby grants to Permitted Encumbrances, mortgages, charges, assigns, transfers, delivers, pledges, hypothecates and creates the Secured Party for the benefit of the Beneficiaries a Security Interest security interest in, and pledges to and in favour the Secured Party for the benefit of the Lenders, all Beneficiaries the right, title and interest which of the Pledgor now has or may hereafter acquire in and to, the following, whether now owned or existing or hereafter from time to time acquired, by way of amalgamation or otherwise, in each case relating solely to the following:Pledged Shares (collectively, the "Collateral"): (a) all Securities Accounts in the name of the Pledgor to the extent holding any Pledged SecuritiesShares, together with including any renewals thereofPledged Shares deposited in or credited to such Securities Accounts, substitutions thereof or additions thereto including all Financial Assets, all Security Entitlements related to such Financial Assets, and all certificates and other instruments from time to time representing or evidencing the same, and all dividends, interest, distributions, cash and other property from time to time received or representing receivable upon or otherwise distributed or distributable in respect of or in exchange for any or all of the foregoing, in each case relating solely to the Pledged SecuritiesShares; (b) any and all dividends, as and where declared, whether in shares, money or property, received or receivable upon or in respect of any Stock relating solely to the Pledged Securities and all interest payments and money or other property paid or payable on account of any return on, or repayment of, capital in respect of any Pledged Securities or that will in any way be charged to, or be payable out of, the capital of the Guarantor in respect thereofShares; (c) any and all Financial Assets relating solely to the Pledged Shares; (d) all Security Entitlements relating solely to the Pledged Shares; (e) all other property that may at any time be received or receivable by or otherwise distributed or distributable to or for the account of the Pledgor in respect of, or in substitution for, or in addition to, to or in exchange for, or on account of, any of the foregoing, including, without limitation, any shares or other securities resulting from the subdivision, consolidation, change, conversion or reclassification of any of the Pledged Securities, or the reorganization or amalgamation of Guarantor with any other body corporate, or the occurrence of any event which results in the substitution or exchange of the Pledged Securities; and (df) any and all cash, securities and other proceeds Proceeds in respect of the foregoing and all rights and interest of the Pledgor in respect thereof or evidenced thereby includingthereby, without limiting the generality of the foregoing, including all money received or receivable from time to time by the Pledgor in connection with the sale of any of the Pledged Securitiesforegoing.

Grant and Pledge of Collateral. As general and continuing collateral security for the payment and performance of all Obligations, the Pledgor Debtor hereby, subject to Permitted EncumbrancesLiens, mortgages, charges, assigns, transfers, delivers, pledges, hypothecates and creates a Security Interest in, to and in favour of Agent and the Lendersother Secured Parties, all right, title and interest which the Pledgor Debtor now has or may hereafter acquire in and to the following: (a) all Pledged SecuritiesInterests, together with any renewals thereof, substitutions thereof or additions thereto and all certificates and instruments evidencing or representing the Pledged SecuritiesInterests; (b) any and all dividends, as and where declared, whether in shares, money or property, received or receivable upon or in respect of any Pledged Securities Interests and all interest payments and money or other property paid or payable on account of any return on, or repayment of, capital in respect of any Pledged Securities Interests or that will in any way be charged to, or be payable out of, the capital of the Guarantor Pledged Entities in respect thereof; (c) any and all other property that may at any time be received or receivable by or otherwise distributed to the Pledgor Debtor in respect of, or in substitution for, or in addition to, or in exchange for, or on account of, any of the foregoing, including, without limitation, any shares or other securities resulting from the subdivision, consolidation, change, conversion or reclassification of any of the Pledged SecuritiesInterests, or the reorganization or amalgamation of Guarantor the Pledged Entities with any other body corporate, or the occurrence of any event which results in the substitution or exchange of the Pledged SecuritiesInterests; and (d) any and all cash, securities and other proceeds in respect of the foregoing and all rights and interest of the Pledgor Debtor in respect thereof or evidenced thereby including, without limiting the generality of the foregoing, all money received or receivable from time to time by the Pledgor Debtor in connection with the sale of any of the Pledged SecuritiesInterests.