Additional Pledges. The Credit Parties signatory hereto shall pledge or cause to be pledged to Agent for the benefit of Lenders the Stock of all Store Guarantors created or acquired after the Closing Date.
Additional Pledges. If on or after the Issue Date, any Domestic Subsidiary of OI Group pledges any property or assets to secure obligations under the Credit Agreement (other than pursuant to the Collateral Documents or as contemplated by the Credit Agreement), then such property or assets shall also secure the Notes.
Additional Pledges. None of the Loan Parties or their respective Affiliates and Subsidiaries has the right to pledge or encumber any other real property owned or held by such Person (other than the Collateral) because of the fact that such pledge or encumbrance is prohibited by the Senior Loan Documents, or any other instrument governing Indebtedness secured by any of the Property or the joint venture agreement relating to such property.
Additional Pledges. Grant, create, assume or permit any other mortgage, lien, encumbrance, right of first offer, right of first refusal, option or other rights with respect to the funds placed or to be placed in the Pledged Account.
Additional Pledges. If on or after the Issue Date, Holdings, Primary Intermediate Holdco, Secondary Intermediate Holdco, the Issuers or any of their Subsidiaries pledges property or assets to secure obligations under the Credit Agreement (other than pursuant to the Collateral Documents or as contemplated by the Credit Agreement in effect on the date hereof), then such property or assets shall also secure the Senior Notes. In the event that no Credit Facility is outstanding and in effect, promptly (and in any event within twenty (20) Business Days) after the creation or acquisition by Holdings of a new Subsidiary that becomes a Guarantor pursuant to Section 4.13, such Issuer shall cause such Subsidiary to become a party to the Collateral Documents or executive documents 50 substantially similar to the Collateral Documents, and the Issuer or Guarantor that is such new Guarantor's direct parent company shall execute such agreement or other document reasonably satisfactory to the Trustee and pursuant to which all the Equity Interests of such new Guarantor shall be pledged to the Trustee (for the benefit of the Holders) to secure the Senior Note Obligations and such other related documents as the Trustee may request, all in form and substance reasonably satisfactory to the Trustee.
Additional Pledges. Within 30 days of the Borrower or any Domestic Subsidiary (other than an Excluded Subsidiary) not already a Pledgor acquiring, forming, holding or otherwise receiving or owning after the Effective Date any Equity Interest in a Subsidiary or Joint Venture Subsidiary (other than an Unpledgeable Subsidiary or a Subsidiary or Joint Venture Subsidiary with less than $10,000 in assets in the aggregate), the Parent shall cause to be delivered to the Agent each of the following in form and substance satisfactory to the Agent: (i) a supplement to the Pledge Agreement executed by the Borrower or such Domestic Subsidiary, as applicable, subjecting such Equity Interests to the Lien of the Pledge Agreement, (ii) the items that would have been delivered under Sections 5.1.(a)(v) and (vii) (excluding any reference to the Security Agreement set forth in Section 5.1.(a)(vii)), and if such Subsidiary or Joint Venture Subsidiary is a Material Subsidiary or is a Person described in Section 7.12.(a)(iii), Sections 5.1.(a)(viii), (ix) and (xxii), if such Subsidiary or Joint Venture Subsidiary Equity Interests would have been Collateral under the Pledge Agreement on the Effective Date and (iii) if such Equity Interests are owned by a Domestic Subsidiary that is a Material Subsidiary or is a Person described in Section 7.12.(a)(iii) and is not already a Guarantor and is not an Excluded Subsidiary, the items referred to in Section 7.12.(a)(x). Notwithstanding the immediately preceding sentence of this subsection, (x) in no event shall the Borrower and its Domestic Subsidiaries be required to subject to the Lien of the Pledge Agreement or any other Loan Document more than 65% (or such greater percentage that, due to a change in an Applicable Law after the Agreement Date, (A) could not reasonably be expected to cause the undistributed earnings of such Foreign Subsidiary as determined for United States federal income tax purposes to be treated as a deemed dividend to such Foreign Subsidiary’s United States parent and (B) could not reasonably be expected to cause any material adverse tax consequences) of the issued and outstanding Equity Interest in a Foreign Subsidiary entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) determined on a collective basis, but (y) the Borrower and its Domestic Subsidiaries shall be required to subject to the Lien of the Pledge Agreement 100% of the issued and outstanding Equity Interest in a Foreign Subsidiary not entitled to vote...
Additional Pledges. Within 10 days of any Pledgor acquiring, forming or otherwise receiving after the date it becomes a party to the Pledge Agreement any additional Equity Interests in a Material Subsidiary, the Borrower shall cause to be delivered to the Administrative Agent in form and substance satisfactory to the Administrative Agent an amendment to the Pledge Agreement for the purpose of subjecting such Equity Interests to the Lien of the Pledge Agreement.
Additional Pledges. The Borrower Group Members have no right to pledge or encumber any other assets owned or held by such Borrower Group Members (other than the Collateral) because such Borrower Group Members are prohibited from pledging or encumbering any assets other than the Collateral by the terms and provisions of the Senior Loan Documents................................................................37 5.57
Additional Pledges. The Parties shall cooperate in good faith and shall provide to the other party all the things (documents, assets, instruments, etc.) necessary to carry out the obligations that the parties accept by this contract.
Additional Pledges. If on or after the Effective Date, the Company or any Subsidiary pledges property or assets to secure obligations under the Senior Loan Agreement, the Exit Facility or the Additional Liquidity Facility (other than pursuant to the Security Documents or as contemplated by the Senior Loan Agreement, the Exit Facility and the Additional Liquidity Facility, each as in effect on the Effective Date) then such property or assets shall also secure the Notes. In the event the Senior Loan Facility Indebtedness, the Exit Facility Indebtedness and the Additional Liquidity Facility Indebtedness cease to be outstanding and the commitments under the Senior Loan Agreement, the Exit Facility Agreement and the Additional Liquidity Facility (and any replacement or successor agreement) are terminated, promptly (and in any event within ten (10) business days) after the creation or acquisition by the Company of a new Subsidiary that becomes a Guarantor pursuant to Section 4.22, the Company shall cause such Subsidiary to become a party to the Security Documents and the Company or Guarantor that is such new Guarantor’s direct parent company shall execute a pledge agreement in form and substance reasonably satisfactory to the Trustee and pursuant to which all the Capital Stock of such new Guarantor shall be pledged to the Trustee (for the benefit of the Holders) to secure the Obligations and such other related documents as the Trustee may request, all in form and substance satisfactory to the Trustee.
