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

Pledge; Grant of Security Interest. Each Pledgor hereby delivers to the Administrative Agent, for the ratable benefit of the Lenders, all of such Pledgor's Pledged Stock and hereby grants to Administrative Agent, for the ratable benefit of the Lenders, a first priority security interest in the Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Pledge; Grant of Security Interest. Each The Pledgor hereby delivers to the Administrative Agent, for the ratable benefit of the Lenders, all of such Pledgor's the Pledged Stock and hereby grants to the Administrative Agent, for the ratable benefit of the Lenders, a first priority security interest in the Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Pledge; Grant of Security Interest. Each The Pledgor hereby delivers to the Administrative Agent, for the ratable benefit of the Lenders, all of such Pledgor's the Pledged Stock and the Pledged Debt, and hereby grants to the Administrative Agent, for the ratable benefit of the Lenders, a first priority security interest in all of the Pledgor's right, title and interest in, to and under the Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Pledge; Grant of Security Interest. Each The Pledgor hereby delivers to the Administrative Agent, for the ratable benefit of the Lenders, all of such Pledgor's the Pledged Stock and hereby grants to Administrative Agent, for the ratable benefit of the Lenders, a first priority security interest in the CollateralCollateral (except for Non-Consensual Liens), as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Pledge; Grant of Security Interest. Each The Pledgor hereby delivers to the Administrative Agent, for the ratable benefit of the Lenders, all of such Pledgor's the Pledged Stock and hereby grants to the Administrative Agent, for the ratable benefit of the Lenders, a first priority security interest in the Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Pledge; Grant of Security Interest. Each The Pledgor hereby delivers to the Administrative Agent, for the ratable benefit of the Lenders, all of such Pledgor's the Pledged Stock Stock, and hereby grants to the Administrative Agent, for the ratable benefit of the Lenders, a first priority security interest in the Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations.

Pledge; Grant of Security Interest. Each The Pledgor hereby delivers to the Administrative Agent, for the ratable benefit of the Lenders, all of such Pledgor's the Pledged Stock represented by certificates, and hereby grants to the Administrative Agent, for the ratable benefit of the Lenders, a first priority security interest in all of the Pledgor's right, title and interest in, to and under the Collateral, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Guarantee Obligations.