Common use of Additional Granting Parties Clause in Contracts

Additional Granting Parties. Each new Domestic Subsidiary of the Borrower that is required to become a party to this Agreement pursuant to Section 8.15 of the Senior Secured 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.

Appears in 2 contracts

Samples: Credit Agreement (Ev International Inc), Guarantee and Collateral Agreement (Ev International Inc)

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 Section 8.15 of the Senior Secured 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.

Appears in 2 contracts

Samples: Credit Agreement (Telex Communications Inc), Guarantee and Collateral Agreement (Telex Communications Inc)

Additional Granting Parties. Each new Domestic Subsidiary of the Borrower that is required to become a party to this Agreement pursuant to Section 8.15 subsection 6.10 or 7.15 of the Senior Secured 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.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Sirva Inc), Guarantee and Collateral Agreement (Sirva Inc)

Additional Granting Parties. Each new Domestic Subsidiary of the Borrower that is required to become a party to this Agreement pursuant to Section 8.15 7.10 of the Senior Secured 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.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Us Office Products Co)

AutoNDA by SimpleDocs

Additional Granting Parties. Each new Domestic Subsidiary of the Parent or the Borrower that is required to become a party to this Agreement pursuant to Section 8.15 subsection 8.13 of the Senior Secured 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.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Global Decisions Group LLC)

Additional Granting Parties. Each new Domestic Subsidiary of the Borrower that is required to become a party to this Agreement pursuant to Section 8.15 6.9 of the Senior Secured 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.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Day International Group Inc)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!