Common use of Additional Equity Interests Clause in Contracts

Additional Equity Interests. Each Pledgor will, upon obtaining ownership of any additional equity interests in the Company, which equity interests are not already Pledged Collateral (the "ADDITIONAL EQUITY INTERESTS"), promptly (and in any event within three (3) Business Days) deliver to the Collateral Agent an amendment to this Agreement, duly executed by each Pledgor and in form and substance satisfactory to the Collateral Agent, in respect of any such Additional Equity Interests, pursuantto which the Pledgors shall pledge to the Collateral Agent all of such Additional Equity Interests. Each Pledgor hereby authorizes the Collateral Agent to attach such amendment to this Agreement and agrees that all Pledged Stock listed on any such amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 2 contracts

Samples: Share Pledge Agreement (Best Tone Holdings LTD), Share Pledge Agreement (Mountview Path LTD)

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Additional Equity Interests. Each Pledgor will, upon obtaining ownership of any additional equity interests in the Company, which equity interests are not already Pledged Collateral (the "ADDITIONAL EQUITY INTERESTSAdditional Equity Interests"), promptly (and in any event within three (3) Business Days) deliver to the Collateral Agent an amendment to this Agreement, duly executed by each Pledgor and in form and substance satisfactory to the Collateral Agent, in respect of any such Additional Equity Interests, pursuantto pursuant to which the Pledgors shall pledge to the Collateral Agent all of such Additional Equity Interests. Each Pledgor hereby authorizes the Collateral Agent to attach such amendment to this Agreement and agrees that all Pledged Stock listed on any such amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Share Pledge Agreement (Citadel L P)

Additional Equity Interests. Each Pledgor The Pledgors will, upon the Company obtaining ownership of any additional equity interests in the CompanyGuarantor, which equity interests are not already Pledged Collateral (the "ADDITIONAL EQUITY INTERESTS"“Additional Equity Interests”), promptly (and in any event within three (3) Business Days) deliver to the Collateral Agent an amendment to this Agreement, duly executed by each Pledgor the Pledgors and in form and substance satisfactory to the Collateral AgentSecured Parties, in respect of any such Additional Equity Interests, pursuantto pursuant to which the Pledgors Company shall pledge to the Collateral Agent all of such Additional Equity Interests. Each Pledgor The Pledgors hereby authorizes the Collateral Agent to attach such amendment to this Agreement and agrees that all Pledged Stock listed on any such amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Share Pledge Agreement (American Dairy Inc)

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Additional Equity Interests. Each Pledgor The Pledgors will, upon the Company obtaining ownership of any additional equity interests in the CompanyAFC, which equity interests are not already Pledged Collateral (the "ADDITIONAL EQUITY INTERESTS"“Additional Equity Interests”), promptly (and in any event within three (3) Business Days) deliver to the Collateral Agent an amendment to this Agreement, duly executed by each Pledgor the Pledgors and in form and substance reasonably satisfactory to the Collateral AgentSecured Parties, in respect of any such Additional Equity Interests, pursuantto pursuant to which the Pledgors Company shall pledge to the Collateral Agent all of such Additional Equity Interests. Each Pledgor The Pledgors hereby authorizes authorize the Collateral Agent to attach such amendment to this Agreement and agrees that all Pledged Stock listed on any such amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Share Pledge Agreement (American Dairy Inc)

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