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

Pledge and Grant of Security Interest. Subject to the terms and conditions of this Pledge Agreement and to secure the performance of the Secured Obligations, Pledgor hereby pledges and grants to the Collateral Agent, for the ratable benefit of the Secured Parties, a continuing security interest in any and all right, title and interest of Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 2 contracts

Sources: Pledge Agreement (Transmeridian Exploration Inc), Pledge Agreement (Transmeridian Exploration Inc)

Pledge and Grant of Security Interest. Subject to the terms and conditions of this Pledge Agreement and to To secure the prompt payment and performance in full when due of the Secured ObligationsObligations (as defined in Section 3 hereof), Pledgor hereby pledges and assigns and grants to the Collateral Agent, for the ratable benefit of the Secured PartiesBank, a continuing security interest in any and all right, title and interest of Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 2 contracts

Sources: Pledge Agreement (Argyle Security, Inc.), Loan and Security Agreement (Argyle Security, Inc.)

Pledge and Grant of Security Interest. Subject to the terms and conditions of this Pledge Agreement and to To secure the prompt payment and performance in full when due, whether by lapse of time or otherwise, of the Secured ObligationsObligations (as defined in Section 3 hereof), each Pledgor hereby pledges and assigns to the Lender and grants to the Collateral Agent, for the ratable benefit of the Secured PartiesLender, a continuing security interest in any and all right, title and interest of such Pledgor in and to the following, whether now owned or existing or owned, acquired, acquired or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Sources: Pledge Agreement (Hadron Inc)

Pledge and Grant of Security Interest. Subject to the terms and conditions of this Pledge Agreement and to To secure the prompt payment and performance in full when due, whether by lapse of time or otherwise, of the Secured ObligationsPledgor Obligations (as defined in Section 3 hereof), the Pledgor hereby pledges and assigns to the Collateral Agent, for the benefit of the Trustee and the Holders, and grants to the Collateral Agent, for the ratable benefit of the Secured PartiesTrustee and the Holders, a continuing security interest in any and all right, title and interest of the Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”)::

Appears in 1 contract

Sources: Pledge Agreement (Telex Communications Intermediate Holdings LLC)

Pledge and Grant of Security Interest. Subject to the terms and conditions of this Pledge Agreement and to (a) To secure the prompt payment and performance in full when due, whether by lapse of time or otherwise, of the Secured Pledged Obligations, the Pledgor hereby pledges and grants to the Collateral Agent, for the ratable benefit of the Secured Parties, Purchaser a continuing security interest in any and all right, title and interest of the Pledgor in and to the following, whether now owned or existing or whether owned, acquired, acquired or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Sources: Pledge and Security Agreement (Municipal Mortgage & Equity LLC)

Pledge and Grant of Security Interest. Subject to the terms and conditions of this Pledge Agreement and to To secure the prompt payment and performance in full when due of the Secured ObligationsObligations (as defined in Section 3 hereof), the Pledgor hereby pledges and grants to the Collateral Administrative Agent, for the ratable benefit of the Secured PartiesLenders, a continuing security interest in any and all right, title and interest of the Pledgor in and to the following, whether now owned or existing existing, or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Sources: Secured Guaranty Pledge Agreement (Wells Timberland REIT, Inc.)

Pledge and Grant of Security Interest. Subject to the terms and conditions of this Pledge Agreement and to To secure the prompt payment and performance in full when due, whether by lapse of time or otherwise, of the Secured ObligationsObligations (as defined in Section 3 hereof), each Pledgor hereby pledges and assigns to Laurus, and grants to the Collateral Agent, for the ratable benefit of the Secured PartiesLaurus, a continuing first priority security interest in any and all right, title and interest of such Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Sources: Equity Pledge Agreement (Elandia International Inc.)

Pledge and Grant of Security Interest. Subject to As security for the terms prompt and conditions of this Pledge Agreement complete payment and to secure the performance when due of the Secured Obligations, each Pledgor hereby pledges and grants to the Collateral Agent, for the ratable benefit of the Secured PartiesCreditors, a continuing security interest in any of first priority in, and all rightas part of such grant and pledge, title hereby transfers and interest of Pledgor in and assigns to the following, Collateral Agent all of the following whether now owned or existing or owned, acquired, or arising hereafter acquired (collectively, the “Pledged Collateral”):

Appears in 1 contract

Sources: Pledge Agreement (Memc Electronic Materials Inc)

Pledge and Grant of Security Interest. Subject to the terms and conditions of this Pledge Agreement and to secure the performance of the Secured ObligationsObligations (as defined in Section 3 hereof), Pledgor hereby pledges and grants to the Collateral Agent, for the ratable benefit of the Secured PartiesTrustee and the holders of the Notes, a continuing security interest in any and all right, title and interest of Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Sources: Pledge Agreement (Transmeridian Exploration Inc)

Pledge and Grant of Security Interest. Subject to the terms and conditions of this Pledge Agreement and to To secure the prompt payment and performance in full when due, whether by lapse of time, acceleration, mandatory prepayment or otherwise, of the Secured Obligations, Pledgor hereby pledges and grants to the Collateral Administrative Agent, for the ratable benefit of the holders of the Secured PartiesObligations, a continuing security interest in any and all right, title and interest of Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Sources: Pledge Agreement (Griffin-American Healthcare REIT IV, Inc.)

Pledge and Grant of Security Interest. Subject to the terms and conditions of this Pledge Agreement and to To secure the prompt payment and performance in full when due, whether by lapse of time or otherwise, of the Secured Credit Party Obligations, the Pledgor hereby pledges and grants to the Collateral Administrative Agent, for the ratable benefit of the Secured Parties, a continuing security interest in any and all right, title and interest of the Pledgor in and to the following, whether now owned or existing or owned, acquired, or arising hereafter (collectively, the “Pledged Collateral”):

Appears in 1 contract

Sources: Holdings Pledge Agreement (Carrols Restaurant Group, Inc.)