Common use of Additional Assignors Clause in Contracts

Additional Assignors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement pursuant to the Secured Debt Agreements shall automatically become an Assignor hereunder by executing a counterpart hereof and delivering the same to the Collateral Agent.

Appears in 2 contracts

Sources: Credit Agreement (Eldertrust), Credit Agreement (Eldertrust)

Additional Assignors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Secured Debt Agreements DIP Credit Agreement shall automatically become an Assignor hereunder by executing a counterpart hereof and delivering the same to the Collateral Administrative Agent.

Appears in 1 contract

Sources: Security Agreement (Weblink Wireless Inc)

Additional Assignors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Secured Debt Agreements Credit Agreement shall automatically become an Assignor hereunder by executing a counterpart hereof and delivering the same to the Collateral Agent.

Appears in 1 contract

Sources: Security Agreement (Pagemart Wireless Inc)

Additional Assignors. It is understood and agreed to that any Subsidiary of the U.S. Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Secured Debt Agreements Credit Agreement shall automatically become an Assignor hereunder by executing a counterpart hereof and delivering the same to the Collateral Agent.

Appears in 1 contract

Sources: Credit Agreement (Alliance Gaming Corp)