Common use of Additional Granting Parties Clause in Contracts

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.

Appears in 3 contracts

Samples: Collateral Agreement (Hd Supply, Inc.), Collateral Agreement (Hd Supply, Inc.), Collateral Agreement (Hd Supply, Inc.)

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Additional Granting Parties. Each new Subsidiary of the Company that is required to become a party to this Agreement pursuant to Section 414 1503 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.

Appears in 2 contracts

Samples: Collateral Agreement (Herc Holdings Inc), Indenture (Hertz Global Holdings Inc)

Additional Granting Parties. Each new Subsidiary of the Company that is required to become a party to this Agreement pursuant to Section 414 1403 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 42 Party that is required to become a Pledgor with respect to Capital Stock of any new Subsidiary of the Company pursuant to Section 1503 1403 of the Indenture shall become a Pledgor with respect thereto upon execution and delivery by such Granting Party of a an Supplemental Agreement in substantially the form of Annex 3 hereto.

Appears in 1 contract

Samples: Collateral Agreement (Hertz Corp)

Additional Granting Parties. Each new Subsidiary of the Company Holdings that is required to become a party to this Agreement pursuant to Section 414 subsection 7.9(b) of the Indenture 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 substantially the form of Annex 2 hereto2. Each existing Granting Party that is required to become a Pledgor with respect to Capital Stock of any new Subsidiary of the Company Holdings pursuant to Section 1503 subsection 7.9(b) of the Indenture Credit Agreement 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 hereto3.

Appears in 1 contract

Samples: Abl Guarantee and Collateral Agreement (Uci Holdings LTD)

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Additional Granting Parties. Each new Wholly Owned Domestic 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 Domestic Subsidiary of an Assumption Agreement substantially 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 substantially in substantially the form of Annex 3 hereto.

Appears in 1 contract

Samples: Notes Collateral Agreement (Cornerstone Building Brands, Inc.)

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