Common use of The Security Interest Clause in Contracts

The Security Interest. The Borrower hereby pledges to the Company, and grants to the Company a security interest in the Shares and all cash, instruments and other property and proceeds from time to time received, receivable or otherwise made upon or distributed in respect of or in exchange for any or all of the Shares.

Appears in 2 contracts

Sources: Loan and Stock Purchase Agreement (S&k Famous Brands Inc), Loan and Stock Purchase Agreement (S&k Famous Brands Inc)