Additional Granting Parties Sample Clauses

Additional Granting Parties. Each new Subsidiary of the Parent Borrower that is required to become a party to this Agreement pursuant to subsection 7.9(b) of the Credit Agreement shall become a Granting Party for all purposes of this Agreement upon execution and delivery by such Subsidiary of an Assumption Agreement in the form of Annex 2 hereto. Each existing Granting Party that is required to become a Pledgor with respect to Capital Stock of any new Subsidiary of the Parent Borrower pursuant to subsection 7.9(b) of the Credit Agreement shall become a Pledgor with respect thereto upon execution and delivery by such Granting Party of a Supplemental Agreement substantially in the form of Annex 2 hereto.
AutoNDA by SimpleDocs
Additional Granting Parties. Each new Domestic Subsidiary of the Borrower that is required to become a party to this Agreement pursuant to subsection 6.10 or 7.15 of the Credit Agreement shall become a Granting Party for all purposes of this Agreement upon execution and delivery by such Subsidiary of an Assumption Agreement in the form of Annex 1 hereto.
Additional Granting Parties. Each new Subsidiary of the Company that is required to become a party to this Agreement pursuant to Section 414 of the Indenture shall become a Granting Party for all purposes of this Agreement upon execution and delivery by such Subsidiary of an Assumption Agreement in substantially the form of Annex 2 hereto. Each existing Granting Party that is required to become a Pledgor with respect to Capital Stock of any new Subsidiary of the Company pursuant to Section 1503 of the Indenture shall become a Pledgor with respect thereto upon execution and delivery by such Granting Party of a Supplemental Agreement in substantially the form of Annex 3 hereto.
Additional Granting Parties. 56 9.16 Releases...................................................................................................................56 9.17 Judgment..................................................................................................................60
Additional Granting Parties. Each Subsidiary of the Company that is required to become a party to this Agreement pursuant to the Investment Agreement shall become a Granting Party for all purposes of this Agreement upon execution and delivery by such Subsidiary of an Assumption Agreement in the form of Annex 1 hereto, or in such other form as is in form and substance reasonably satisfactory to the Secured Parties. Each existing Granting Party that is required to become a Pledgor with respect to Capital Stock of any Subsidiary of the Company pursuant to the Investment Agreement shall become a Pledgor with respect thereto upon execution and delivery by such Granting Party of a Supplemental Agreement in the form of Annex 2 hereto, or in such other form as is in form and substance reasonably satisfactory to the Secured Parties.
Additional Granting Parties. 43 8.16 Releases........................................................43 Page Page SCHEDULES 1 Notice Addresses of Guarantors 2 Description of Pledged Securities 3 Location of Jurisdiction of Organization and Chief Executive Office or Sole Place of Business 4 Location of Inventory and Equipment 5 Copyrights and Copyright Licenses; Patents and Patent Licenses; Trademarks and Trademark Licenses 6 Existing Prior Liens 7 Location of Records Concerning Receivables 8 Contracts 9 Vehicles ANNEX 1 Assumption Agreement SCHEDULE 9 Vehicles -------- See attached list.
Additional Granting Parties. Each new Domestic Subsidiary of the Parent Borrower that is required to become a party to this Agreement pursuant to subsection 7.10 or 8.16 of the Credit Agreement shall become a Granting Party for all purposes of this Agreement upon execution and delivery by such Subsidiary of an Assumption Agreement in the form of Annex 1 hereto, and each Foreign Subsidiary Borrower that is required to become a party to this Agreement pursuant to subsection 11.1(b)(i) of the Credit Agreement shall become a Granting Party for all purposes of this Agreement upon execution and delivery by such Borrower of a Joinder Agreement in the form of Exhibit K to the Credit Agreement.
AutoNDA by SimpleDocs
Additional Granting Parties. (a) Each new Canadian Subsidiary of a Canadian Borrower that is required to become a party to this Agreement pursuant to Subsection 7.9(c)(y) of the Credit Agreement shall become a Granting Party for all purposes of this Agreement upon execution and delivery by such Canadian Subsidiary of an Assumption Agreement substantially in the form of Annex 2 hereto. Each existing Granting Party that is required to become a Pledgor with respect to Capital Stock of any new Subsidiary of a Canadian Borrower pursuant to Subsection 7.9(c)(y)(i) of the Credit Agreement shall become a Pledgor with respect thereto upon execution and delivery by such Granting Party of a Supplemental Agreement substantially in the form of Annex 3 hereto.
Additional Granting Parties. Each new Subsidiary of the Parent Borrower that is required to become a party to this Agreement pursuant to Subsection 7.9(b) of the Credit Agreement shall become a Granting Party for all purposes of this Agreement upon execution and delivery by such Subsidiary of an Assumption Agreement substantially in the form of Annex 2 hereto. Each existing Granting Party that is required to become a Pledgor with respect to Capital Stock of any new Subsidiary of the Parent Borrower pursuant to Subsection 7.9(b) of the Credit Agreement shall become a Pledgor with respect thereto upon execution and delivery by such Granting Party of a Supplemental Agreement substantially in the form of Annex 3 hereto. 9.16 Releases. (a) At such time as the Loans, the Reimbursement Obligations and the other Obligations (other than any Obligations owing to a Non-Lender Secured Party) then due and owing shall have been paid in full, the Commitments have been terminated and no Letters of Credit shall be outstanding (except for Letters of Credit that have been cash collateralized or otherwise provided for in a manner reasonably satisfactory to the applicable Issuing Lenders), all Security Collateral shall be released from the Liens created hereby, and this
Additional Granting Parties. 35 8.16 Releases.......................................................... 35 SCHEDULES 1 Notice Addresses of Guarantors 2 Description of Pledged Securities 3 Location of Jurisdiction of Organization and Chief Executive Office or Sole Place of Business 4 Location of Inventory and Equipment 5 Copyrights and Copyright Licenses; Patents and Patent Licenses; Trademarks and Trademark Licenses 6 Existing Prior Liens 7 Accounts 8 Contracts ANNEXES GUARANTEE AND COLLATERAL AGREEMENT GUARANTEE AND COLLATERAL AGREEMENT, dated as of May 21, 1998, made by Dynatech Corporation, a Massachusetts corporation ("Dynatech"), -------- Telecommunications Techniques Co., LLC, a Delaware limited liability company (the "Borrower") and successor by merger to Newco (as defined below), and -------- certain Subsidiaries of the Borrower that are signatories hereto, in favor of XXXXXX GUARANTY TRUST COMPANY OF NEW YORK, as administrative agent (in such capacity, the "Administrative Agent") for the banks and other financial -------------------- institutions (collectively, the "Lenders"; individually, a "Lender") from time ------- ------ to time parties to the Credit Agreement, dated as of May 21, 1998 (as amended, waived, supplemented or otherwise modified from time to time, the "Credit ------ Agreement"), among the Borrower (as successor in interest by merger and --------- assumption), the Lenders, the Administrative Agent, Credit Suisse First Boston, as syndication agent for the Lenders, and The Chase Manhattan Bank, as documentation agent for the Lenders.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!