The Stock Collateral. As security for the prompt and full performance of the Obligations, and as security for the prompt and full performance of all obligations of the Pledgor under this Agreement, and all of the Obligations of the Pledgor and/or any other Person under the Financing Agreement and all of the other Financing Documents, all of the foregoing, whether now in existence or hereafter created and whether joint, several, or both, primary, secondary, direct, contingent or otherwise, the Pledgor hereby pledges, assigns and grants to the Lender a security interest in the following property of the Pledgor (collectively, the “Stock Collateral”), whether now existing or hereafter created or arising: (a) 100 shares of the common stock (the “Stock”) of Vitarich Laboratories, Inc., a corporation incorporated under the laws of the State of Delaware (the “Corporation”); (b) all stock rights, rights to subscribe, rights to distributions, dividends (including, but not limited to, distributions in kind, cash dividends, stock dividends, dividends paid in stock and liquidating dividends) and any other rights and property interests including, but not limited to, accounts, contract rights, instruments and general intangibles arising out of or relating to the Corporation; (c) all other or additional (or less) stock or other securities or property (including cash) paid or distributed in respect of the Stock by way of stock-split, spin-off, split-up, reclassification, combination of shares or similar corporate rearrangement; (d) all other or additional stock or other securities or property (including cash) which may be paid or distributed in respect of the Stock by reason of any consolidation, merger, exchange of stock, conveyance of assets, liquidation or similar corporate reorganization; and (e) all proceeds and products (both cash and non-cash) of the foregoing, whether now or hereafter arising under any of the foregoing.
Appears in 1 contract
Sources: Pledge, Assignment and Security Agreement (Argan Inc)
The Stock Collateral. As security for the prompt and full performance of the Obligations, and as security for the prompt and full performance of all obligations of the Pledgor under this Agreement, and all of the Obligations of the Pledgor and/or any other Person under the Financing Agreement and all of the other Financing Documents, all of the foregoing, whether now in existence or hereafter created and whether joint, several, or both, primary, secondary, direct, contingent or otherwise, the Pledgor hereby pledges, assigns and grants to the Lender a security interest in the following property of the Pledgor (collectively, the “Stock Collateral”), whether now existing or hereafter created or arising:
(a) 100 shares of the common stock (the “Stock”) of Vitarich LaboratoriesSouthern Maryland Cable, Inc., a corporation incorporated under the laws of the State of Delaware (the “Corporation”);
(b) all stock rights, rights to subscribe, rights to distributions, dividends (including, but not limited to, distributions in kind, cash dividends, stock dividends, dividends paid in stock and liquidating dividends) and any other rights and property interests including, but not limited to, accounts, contract rights, instruments and general intangibles arising out of or relating to the Corporation;
(c) all other or additional (or less) stock or other securities or property (including cash) paid or distributed in respect of the Stock by way of stock-split, spin-off, split-up, reclassification, combination of shares or similar corporate rearrangement;
(d) all other or additional stock or other securities or property (including cash) which may be paid or distributed in respect of the Stock by reason of any consolidation, merger, exchange of stock, conveyance of assets, liquidation or similar corporate reorganization; and
(e) all proceeds and products (both cash and non-cash) of the foregoing, whether now or hereafter arising under any of the foregoing.
Appears in 1 contract
Sources: Pledge, Assignment and Security Agreement (Argan Inc)
The Stock Collateral. As security for the prompt and full performance of the Obligations, and as security for the prompt and full performance of all obligations of the Pledgor under this Agreement, and all of the Obligations of the Pledgor and/or any other Person under the Financing Agreement and all of the other Financing Documents, all of the foregoing, whether now in existence or hereafter created and whether joint, several, or both, primary, secondary, direct, contingent or otherwise, the Pledgor hereby pledges, assigns and grants to the Lender a security interest in the following property of the Pledgor (collectively, the “Stock Collateral”), whether now existing or hereafter created or arising:
(a) 100 shares of the common stock (the “Stock”) of Vitarich LaboratoriesGemma Power Systems California, Inc., a corporation incorporated under the laws of the State of Delaware California (the “Corporation”);
(b) all stock rights, rights to subscribe, rights to distributions, dividends (including, but not limited to, distributions in kind, cash dividends, stock dividends, dividends paid in stock and liquidating dividends) and any other rights and property interests including, but not limited to, accounts, contract rights, instruments and general intangibles arising out of or relating to the Corporation;
(c) all other or additional (or less) stock or other securities or property (including cash) paid or distributed in respect of the Stock by way of stock-split, spin-off, split-up, reclassification, combination of shares or similar corporate rearrangement;
(d) all other or additional stock or other securities or property (including cash) which may be paid or distributed in respect of the Stock by reason of any consolidation, merger, exchange of stock, conveyance of assets, liquidation or similar corporate reorganization; and
(e) all proceeds and products (both cash and non-cash) of the foregoing, whether now or hereafter arising under any of the foregoing.
Appears in 1 contract
Sources: Pledge, Assignment and Security Agreement (Argan Inc)
The Stock Collateral. As security for the prompt and full performance of the Obligations, and as security for the prompt and full performance of all obligations of the Pledgor under this Agreement, and all of the Obligations of the Pledgor and/or any other Person under the Financing Agreement and all of the other Financing Documents, all of the foregoing, whether now in existence or hereafter created and whether joint, several, or both, primary, secondary, direct, contingent or otherwise, the Pledgor hereby pledges, assigns and grants to the Lender a security interest in the following property of the Pledgor (collectively, the “Stock Collateral”), whether now existing or hereafter created or arising:
(a) 100 3,900 shares of the common stock (the “Stock”) of Vitarich LaboratoriesGemma Power, Inc., a corporation incorporated under the laws of the State of Delaware Connecticut (the “Corporation”);
(b) all stock rights, rights to subscribe, rights to distributions, dividends (including, but not limited to, distributions in kind, cash dividends, stock dividends, dividends paid in stock and liquidating dividends) and any other rights and property interests including, but not limited to, accounts, contract rights, instruments and general intangibles arising out of or relating to the Corporation;
(c) all other or additional (or less) stock or other securities or property (including cash) paid or distributed in respect of the Stock by way of stock-split, spin-off, split-up, reclassification, combination of shares or similar corporate rearrangement;
(d) all other or additional stock or other securities or property (including cash) which may be paid or distributed in respect of the Stock by reason of any consolidation, merger, exchange of stock, conveyance of assets, liquidation or similar corporate reorganization; and
(e) all proceeds and products (both cash and non-cash) of the foregoing, whether now or hereafter arising under any of the foregoing.
Appears in 1 contract
Sources: Pledge, Assignment and Security Agreement (Argan Inc)