ADDITIONAL CREDIT PARTIES AND COLLATERAL Sample Clauses

ADDITIONAL CREDIT PARTIES AND COLLATERAL. Promptly after (i) the formation or acquisition of any Material Subsidiary not listed on Schedule 5.1(m), (ii) the transfer of assets to any Consolidated Company if notice thereof is required to be given pursuant to Section 6.1(g)(xii) and as a result thereof the recipient of such assets becomes a Material Subsidiary, or (iii) the occurrence of any other event creating a new Material Subsidiary, Sponsor shall cause to be executed and delivered a Guaranty Agreement from each such Material Subsidiary, together with related corporate authorization documents, organizational documents, secretary's certificates and opinions, all in form and substance satisfactory to the Servicer and the Required Participants.
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ADDITIONAL CREDIT PARTIES AND COLLATERAL. (a) Unless the Required Lenders otherwise agree, promptly after (i) the formation or acquisition (provided that nothing in this Section shall be deemed to authorize the acquisition of any entity not otherwise permitted hereunder) of any Subsidiary not listed on Schedule 5.01 (unless such Subsidiary holds no assets and conducts no business), (ii) the domestication of any Foreign Subsidiary, (iii) the occurrence of any other event creating a new Subsidiary, or (iv) Intermet desires that an existing Subsidiary which is designated as "inactive" on Schedule 5.01 be designated as "active", Intermet shall cause to be executed and delivered a counterpart to the Guaranty Agreement from each such Subsidiary that is not a Foreign 956 Subsidiary, together with related documents with respect to such Subsidiary of the kind described in Section 4.01(e), (f), (g), (h) and (o), all in form and substance satisfactory to the Administrative Agent and the Required Lenders.
ADDITIONAL CREDIT PARTIES AND COLLATERAL. Promptly after (i) the formation or acquisition (provided that nothing in this Section shall be deemed to authorize the acquisition of any entity) of any Material Sub- sidiary not listed on Schedule 7.13, (ii) the transfer of assets to any Consolidated Company if notice thereof is required to be given pursuant to Section 8.07(q) and as a result thereof the recipient of such assets becomes a Material Subsidiary, (iii) the domestication of any Foreign Subsidiary that is a Material Subsidiary, or (iv) the occurrence of any other event creating a new Material Subsidiary, Intermet shall execute and deliver, and cause to be executed and delivered (x) in the case of Foreign Subsidiary, if, in the reasonable opinion of Intermet's accountants, delivery of a Guaranty Agreement would cause Intermet to be subject to tax on the undistributed earnings and profits of such Subsidiary pursuant to Subpart F of Part III, Subchapter N of the Internal Revenue Code, a Pledge Agreement with respect to 66% (or such greater percentage as would not result in such adverse tax consequences to Intermet as reasonably determined by Intermet's accountants) of the capital stock of such Material Subsidiary if it is a Foreign Subsidiary directly owned by Intermet or a Subsidiary that is not, and is not directly or indirectly controlled by, a Foreign Subsidiary, and (y) a Guaranty Agreement from each such Material Subsidiary that is not a Foreign Subsidiary whose stock has been pledged to the extent and in accordance with subsection (x) hereof, together with related documents with respect to such new Material Subsidiary (or the pledgor of its stock) of the kind described in Section 6.01(c), (d), (f), (g), (h), (i), (s) and (t), all in form and substance satisfactory to the Agent and the Required Lenders.
ADDITIONAL CREDIT PARTIES AND COLLATERAL. (a) Within 30 days after the formation or acquisition of any Material Subsidiary which is not listed on Schedule 6.13, after the domestication of any Foreign Subsidiary, if after such domestication, such Subsidiary would constitute a Material Subsidiary, or after the occurrence of any other event creating a new Material Subsidiary, Interface shall cause such Material Subsidiary to execute and deliver such documents as are necessary for such Material Subsidiary to become a Guarantor under the Domestic Guaranty Agreement, to execute and deliver such documents as are necessary to have such Material Subsidiary become a Grantor under the Pledge and Security Agreement, and to deliver to the Domestic Agent documents of the kind described in Sections 5.01(c), (e), (f), (g), and (h), all in form and substance satisfactory to the Domestic Agent and the Collateral Agent.
ADDITIONAL CREDIT PARTIES AND COLLATERAL. (a) Unless the Required Lenders otherwise agree, promptly after (i) the formation or acquisition (provided that nothing in this Section 6.10 shall be deemed to authorize the acquisition of any entity not otherwise permitted hereunder) of any Subsidiary not listed on Schedule 5.01, (ii) the domestication of any Foreign Subsidiary, (iii) the occurrence of any other event creating a new Subsidiary, or (iv) a Subsidiary ceases to be, or the Borrower desires that such Subsidiary cease to be, an Inactive Subsidiary, the Borrower shall cause to be executed and delivered a counterpart to the Guaranty Agreement and the Subsidiary Pledge and Security Agreement and New Mortgages from each such Subsidiary that is not a Foreign 956 Subsidiary, together with related documents with respect to such Subsidiary of the kind described in Section 4.01(h) (Secretary Certificate - Resolutions), (i) (Secretary Certificate - Incumbency, Organic Documents), (j) (Certified Organic Documents, Certificate of Good Standing), (p) (Legal Opinion) and (s) (Borrower Certificate - Exhibit F), all in form and substance satisfactory to the Administrative Agent.
ADDITIONAL CREDIT PARTIES AND COLLATERAL. Promptly after (i) the formation or acquisition of any Material Subsidiary not listed on Schedule 6.13, (ii) the transfer of assets to any Consolidated Company if notice thereof is required to be given pursuant to Section 7.07(r) and as a result thereof the recipient of such assets becomes a Material Subsidiary, (iii) the domestication of any Foreign Subsidiary that is a Material Subsidiary, or (iv) the occurrence of any other event creating a new Material Subsidiary (other than Interface SPC which shall not be deemed to be a Material Subsidiary for the purposes of this Section 7.11), Interface shall cause to be executed and delivered a Guaranty Agreement from each such Material Subsidiary that is not a Foreign Subsidiary, together with related documents of the kind described in Section 5.01(c), (e), (f), (g), (h), and (q), all in form and substance satisfactory to the Co-Agents.
ADDITIONAL CREDIT PARTIES AND COLLATERAL. Promptly after the formation, creation or acquisition (provided that nothing in this Section 9.10 shall be deemed to authorize the acquisition of any entity) of any Subsidiary not listed on Schedule 6.13 or the name change of any Subsidiary listed on Schedule 6.01, Xxxxxx shall execute and deliver, and cause to be executed and delivered a Guaranty Agreement from each such Subsidiary, together with related documents of the kind described in Article IV as Agent shall require, all in form and substance satisfactory to the Agent and the Required Lenders.
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ADDITIONAL CREDIT PARTIES AND COLLATERAL. 72 Section 8.11. Delivery of Modifications to Prudential Documents; Opinion of German Counsel . . . 73
ADDITIONAL CREDIT PARTIES AND COLLATERAL. (a) Within sixty (60) days after the Closing Date, deliver to the Collateral Agent, for the benefit of the Lenders, duly executed Pledge Agreements with respect to the Pledged Stock, together with such certificates as may evidence such Pledged Stock, with appropriate stock powers and endorsements, together with such opinions, officer's certificates and other evidence as to the enforceability and priority of the Liens, all in form and substance satisfactory to the Collateral Agent.
ADDITIONAL CREDIT PARTIES AND COLLATERAL. Promptly after (i) the formation or acquisition of any Material Sub- sidiary not listed on Schedule 5.13, (ii) the transfer of assets to any Consolidated Company if notice thereof is required to be given pursuant to Section 6.07(r) and as a result thereof the recipient of such assets becomes a Material Subsidiary, (iii) the domestication of any Foreign Subsidiary that is a Material Subsidiary, or (iv) the occurrence of any other event creating a new Material Subsidiary (other than Interface SPC which shall not be deemed to be a Material Subsidiary for the purposes of this Section 6.10), Interface shall execute and deliver, and cause to be executed and delivered (x) a Pledge Agreement (or, in the case of Interface Heuga Singapore Pte Ltd. or Interface Heuga Hong Kong Ltd., amendments or supplements to the existing Pledge Agreement with respect to the shares of such Subsidiary, or a new Pledge Agreement with respect to such shares, as the Co-Agents may require pursuant to the advice of their counsel) with respect to all capital stock of such Material Subsidiary if it is not a Foreign Subsidiary, or 66% of the capital stock of such Material Subsidiary if it is a Foreign Subsidiary directly owned by Interface or a Subsidiary that is not, and is not directly or indirectly controlled by, a Foreign Subsidiary, and (y) a Guaranty Agreement from each such Material Subsidiary that is not a Foreign Subsidiary, together with related documents of the kind described in Section 4.01(c), (d), (f), (g), (h), and (r), all in form and substance satisfactory to the Co-Agents.
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