Common use of Pledge and Grant of Security Interest Clause in Contracts

Pledge and Grant of Security Interest. As collateral security for all of the Obligations (as defined in Section 4 hereof), the Pledgor hereby pledges and assigns to Pledgees, and grants to Pledgees a continuing security interest in, the Pledgor’s right, title and interest in and to the Pledged Shares, the certificate representing such Pledged Shares, all options and other rights, contractual or otherwise, in respect thereof and all dividends, distributions, cash, instruments, investment property and other property (including, but not limited to, any stock dividend and any distribution in connection with a stock split) from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Shares (collectively, the “Pledged Collateral”).

Pledge and Grant of Security Interest. As collateral security for all of the Obligations (as defined in Section 4 hereof), the Pledgor hereby pledges and assigns to Pledgees, and grants to Pledgees a continuing security interest in, the Pledgor’s right, title and interest in and to the Pledged Shares, the certificate certificates representing such Pledged Shares, all options and other rights, contractual or otherwise, in respect thereof and all dividends, distributions, cash, instruments, investment property and other property (including, including but not limited to, any stock dividend and any distribution in connection with a stock split) from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Shares (collectively, the “Pledged Collateral”).

Pledge and Grant of Security Interest. As collateral security for all of the Obligations (as defined in Section 4 3 hereof), the Pledgor hereby pledges and assigns to Pledgees, and grants grant to Pledgees a continuing security interest in, the such Pledgor’s right, title and interest in and to the Pledged Shares, the certificate certificates representing such Pledged Shares, all options and other rights, contractual or otherwise, in respect thereof and all dividends, distributions, cash, instruments, investment property and other property (including, including but not limited to, any stock dividend and any distribution in connection with a stock split) from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Shares (collectively, the “Pledged Collateral”).

Pledge and Grant of Security Interest. As collateral security for all of the Obligations (as defined in Section 4 3 hereof), the Pledgor hereby pledges and assigns to PledgeesPledgee, and grants to Pledgees Pledgee a continuing security interest in, the Pledgor’s 's right, title and interest in and to the Pledged Shares, the certificate certificates representing such Pledged Shares, all options and other rights, contractual or otherwise, in respect thereof and all dividends, distributions, cash, instruments, investment property and other property (including, including but not limited to, any stock dividend and any distribution in connection with a stock split) from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Shares (collectively, the “"Pledged Collateral”").

Pledge and Grant of Security Interest. As collateral security for all of the Obligations (as defined in Section 4 3 hereof), the Pledgor hereby pledges and assigns to Pledgees, and grants grant to Pledgees a continuing security interest in, the such Pledgor’s right, title and interest in and to the Pledged Reserved Shares, the certificate certificates representing such Pledged Reserved Shares, if any, all options and other rights, contractual or otherwise, in respect thereof and all dividends, distributions, cash, instruments, investment property and other property (including, including but not limited to, any stock dividend and any distribution in connection with a stock split) from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Reserved Shares (collectively, the “Pledged Collateral”).

Pledge and Grant of Security Interest. As collateral security for all of the Obligations (as defined in Section 4 3 hereof), the each Pledgor severally hereby pledges and assigns to Pledgees, and grants to Pledgees a continuing security interest in, the such Pledgor’s right, title and interest in and to the Pledged Shares, the certificate certificates representing such Pledged Shares, all options and other rights, contractual or otherwise, in respect thereof and all dividends, distributions, cash, instruments, investment property and other property (including, including but not limited to, any stock dividend and any distribution in connection with a stock split) from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Shares (collectively, the “Pledged Collateral”).

Pledge and Grant of Security Interest. As collateral security for all of the Obligations (as defined in Section 4 3 hereof), the Pledgor hereby pledges and assigns to the Pledgees, and grants to the Pledgees a continuing security interest in, the Pledgor’s right, title and interest in and to the Pledged Shares, the certificate certificates representing such Pledged Shares, all options and other rights, contractual or otherwise, in respect thereof and all dividends, distributions, cash, instruments, investment property and other property (including, but not limited towithout limitation, any stock dividend and any distribution in connection with a stock split) from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Shares (collectively, the “Pledged Collateral”).