Common use of Security Interest and Pledge Clause in Contracts

Security Interest and Pledge. As collateral security for the prompt payment in full when due of the obligations of the Debtors described in the Loan Agreement (whether at stated maturity, by acceleration, or otherwise) and other Loan Documents and all present and future obligations of Pledgor under this Agreement and all other Loan Documents (collectively, the "Obligations"), Pledgor hereby pledges and grants to Secured Party a first priority security interest in the following property (such property being hereinafter sometimes called the "Collateral"): (a) all of Pledgor's shares of stock, now owned or hereafter acquired, in the corporation described on Schedule 1 attached hereto (the "Company"), as evidenced on the date hereof by the certificates described on Schedule 1 attached hereto; and (b) all proceeds, revenues, distributions, dividends, stock dividends, securities, and other property, rights, and interests that Pledgor receives or is at any time entitled to receive on account of the Collateral described in clause (a) above.

Security Interest and Pledge. As collateral security for the prompt payment in full when due of the obligations of the Debtors described in the Loan Agreement (whether at stated maturity, by acceleration, or otherwise) and other Loan Documents and all present and future obligations of Pledgor under this Agreement and all other Loan Documents (collectively, the "Secured Obligations"), Pledgor hereby pledges and grants to Secured Party a first priority security interest in all of Pledgor's right, title and interest in and to the following property (such property being hereinafter sometimes called the "Collateral"): (a) all the Capital Stock issued by, and all other ownership interest in, the Persons described on Schedule 1 hereof and all Material Subsidiaries hereafter created or acquired and owned by Pledgor, whether any of Pledgor's shares of stock, the foregoing are now owned or hereafter acquired, in including, without limitation, the corporation Capital Stock or other ownership interests described on Schedule 1 attached hereto (the "CompanyPledged Shares"), as evidenced on the date hereof by the certificates described on Schedule 1 attached hereto; and (b) all products, proceeds, revenues, distributions, dividends, stock dividends, securities, securities and other property, rights, interests and interests other general intangibles that Pledgor 126 receives or is at any time entitled to receive on account of the Collateral property described in clause (a) abovepreceding.

Security Interest and Pledge. As collateral security for the prompt payment in full when due of the obligations of the Debtors described in the Loan Agreement (whether at stated maturity, by acceleration, or otherwise) and other Loan Documents and all present and future obligations of Pledgor under this Agreement and all other Loan Documents (collectively, the "Secured Obligations"), Pledgor hereby pledges and grants to Secured Party a first priority security interest in all of Pledgor's right, title and interest in and to the following property (such property being hereinafter sometimes called the "Collateral"): (a) all the Capital Stock issued by, and all other ownership interest in, the Persons described on Schedule 1 hereof and all Material Subsidiaries hereafter created or acquired and owned by Pledgor, whether any of Pledgor's shares of stock, the foregoing are now owned or hereafter acquired, in including, without limitation, the corporation Capital Stock or other ownership interests described on Schedule 1 attached hereto (the "CompanyPledged Shares"), as evidenced on the date hereof by the certificates described on Schedule 1 attached hereto; and (b) all products, proceeds, revenues, distributions, dividends, stock dividends, securities, securities and other property, rights, interests and interests other general intangibles that Pledgor receives or is at any time entitled to receive on account of the Collateral described in clause (a) above.Pledgor