Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Subsidiary of Holdings that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Western Auto Supply Co/), Pledge Agreement (Western Auto Supply Co/), Pledge Agreement (Advance Stores Co Inc)
Additional Pledgors. Pursuant to Section 5.12 of the Revolving Credit -------------------- Agreement, each Subsidiary of Holdings Loan Party that was not in existence or not a Subsidiary Loan Party on the date of the Revolving Credit Agreement is required to enter in into this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunderLoan Party. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 4 contracts
Samples: Pledge Agreement (Memc Electronic Materials Inc), Revolving Credit Agreement (Memc Electronic Materials Inc), Pledge Agreement (Memc Electronic Materials Inc)
Additional Pledgors. Pursuant to Section 5.12 5.11 of the Credit -------------------- Agreement, each Subsidiary of Holdings the Borrower that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 4 contracts
Samples: Credit Agreement (Fairchild Semiconductor International Inc), Credit Agreement (Intersil Holding Co), Pledge Agreement (Bremen Bearings Inc)
Additional Pledgors. Pursuant to Section 5.12 5.11 of the Credit -------------------- Agreement, each Domestic Subsidiary of Holdings Borrower that was not in existence or not a Domestic Subsidiary on the date of the Credit Agreement is required to enter in into this Agreement as a Subsidiary Pledgor upon becoming a Domestic Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 11 hereto, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 3 contracts
Samples: Pledge Agreement (Constar International Inc), Pledge Agreement (Constar Inc), Pledge Agreement (Constar International Inc)
Additional Pledgors. Pursuant to Section 5.12 5.11 of the Credit -------------------- Agreement, each Subsidiary the stock (or a portion thereof) of Holdings certain Subsidiaries that was were not in existence or not a Subsidiary Subsidiaries on the date Closing Date must be pledged to the Collateral Agent for the benefit of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunderSecured Parties. Upon execution and delivery by the Collateral Agent and a Subsidiary such holder of stock of an instrument in the form of Annex 1, such Subsidiary holder shall become a Pledgor and, if applicable, a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Pledgor and, if applicable, a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Pledgor and, if applicable, a Subsidiary Pledgor as a party to this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Jafra Cosmetics International Sa De Cv), Pledge Agreement (Dirsamex Sa De Cv), Pledge Agreement (Jafra Cosmetics International Sa De Cv)
Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Subsidiary of Holdings Loan Party that was not in existence or not a Subsidiary Loan Party on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary Loan Party if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 3 contracts
Samples: Credit Agreement (Trimas Corp), Credit Agreement (Trimas Corp), Credit Agreement (Trimas Corp)
Additional Pledgors. Pursuant to Section 5.12 7.14 of the Credit -------------------- Agreement, each U.S. Subsidiary of Crown Holdings that was not in existence or not a U.S. Subsidiary on the date of the Credit Agreement is required to to, and Crown Holdings shall cause such U.S. Subsidiary to, enter in into this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunderU.S. Subsidiary. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 11 hereto, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Crown Holdings Inc), Bank Pledge Agreement (Crown Holdings Inc)
Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Subsidiary certain Subsidiaries of Holdings the Borrower that was were not in existence or not a Subsidiary on the date of the Credit Agreement is are required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 2 contracts
Samples: Pledge Agreement (Alamosa Holdings Inc), Credit Agreement (Alamosa Holdings Inc)
Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Subsidiary of Holdings the Parent Borrower that was not in existence or not a Subsidiary on the date of the Credit Agreement is or may be required (if and to the extent set forth in the Credit Agreement) to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Administrative Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 2 contracts
Samples: Pledge Agreement (Knowles Electronics LLC), Pledge Agreement (Knowles Electronics LLC)
Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Subsidiary of Holdings Loan Party that was not in existence or not a Subsidiary Loan Party on the date of the Credit Agreement and each Unrestricted Subsidiary that is designated as a Restricted Subsidiary is required to enter in to this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunderLoan Party. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 2 contracts
Samples: Pledge Agreement (Marketing Services Inc), Pledge Agreement (American Media Operations Inc)
Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Borrower Subsidiary of Holdings that was not in existence or not a Borrower Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunderBorrower Subsidiary. Upon execution and delivery by the Collateral Agent and a Borrower Subsidiary of an instrument in the form of Annex 1, such Borrower Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Hechinger Co), Credit Agreement (Hechinger Co)
Additional Pledgors. Pursuant to Section 5.12 5.11 of the Credit -------------------- Agreement, each Subsidiary of Holdings STFI, the Borrower or any Subsidiary that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 2 contracts
Samples: Credit Agreement (Shared Technologies Inc), Pledge Agreement (Shared Technologies Inc)
Additional Pledgors. Pursuant to Section 5.12 5.10 of the Credit -------------------- Reimbursement Agreement, each Subsidiary of Holdings Reimbursement Party that was not in existence or not a Subsidiary Reimbursement Party on the date of the Credit Reimbursement Agreement is required to enter in into this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunderReimbursement Party. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 2 contracts
Samples: Pledge Agreement (Memc Electronic Materials Inc), Reimbursement Agreement (Memc Electronic Materials Inc)
Additional Pledgors. Pursuant to Section 5.12 5.08 of the Credit -------------------- Agreement, each Subsidiary of Holdings that was not in existence or not a Subsidiary on the date of the Credit Agreement Borrower is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 2 contracts
Samples: Pledge Agreement (McDermott International Inc), Pledge Agreement (McDermott International Inc)
Additional Pledgors. Pursuant to Section 5.12 5.11 of the Credit -------------------- Agreement, each Restricted Subsidiary of Holdings the Borrower that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Restricted Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 2 contracts
Samples: Pledge Agreement (Century Maintenance Supply Inc), Pledge Agreement (Hudson Respiratory Care Inc)
Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Subsidiary of Holdings Loan Party (other than a Foreign Subsidiary) that was not in existence or not a Subsidiary Loan Party on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunderLoan Party. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Samples: Pledge Agreement (Pliant Corp)
Additional Pledgors. Pursuant to Section 5.12 5.09 of the Credit -------------------- Agreement, each Subsidiary that is a Material Subsidiary of Holdings the Canadian Parent that was not in existence or not a Material Subsidiary on the date of the Credit Agreement is required to enter in into this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunderPledgor. Upon execution and delivery after the date hereof by the Canadian Collateral Agent and a such Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such any instrument adding an additional Subsidiary Pledgor as a party to this Agreement shall not require the consent of any other Subsidiary Pledgor hereunder. The rights and obligations of each Subsidiary Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Additional Pledgors. Pursuant to Section 5.12 5.11 of the Credit -------------------- Agreement, each Domestic Subsidiary of Holdings CCSC that was not in existence or not a Domestic Subsidiary on the date of the Credit Agreement is required to enter in into this Agreement as a Subsidiary Pledgor upon becoming a Domestic Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 11 hereto, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Additional Pledgors. Pursuant to Section 5.12 5.09 of the Credit -------------------- Agreement, each Domestic Restricted Subsidiary of Holdings that was not in existence or not a Restricted Subsidiary on the date of the Credit Agreement is required to enter in into this Agreement as a Subsidiary Pledgor upon becoming a Restricted Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument a Supplement in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument Supplement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Additional Pledgors. Pursuant to Section 5.12 5.16 of the Credit -------------------- Agreement, each Domestic Subsidiary of Holdings (other than Xxxxx or Leasco) and, to the extent that no adverse tax consequences to the Borrower or any Subsidiary would result, Foreign Subsidiary, that was not in existence or not such a Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming such a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunderSubsidiary. Upon execution and delivery by the Collateral Agent and a any such Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Samples: Pledge Agreement (Ryder TRS Inc)
Additional Pledgors. Pursuant to Section 5.12 5.10 of the Credit -------------------- Agreement, each Subsidiary of Holdings that was not in existence or not a Subsidiary on the date of the Credit Agreement Second Restatement Closing Date is required to enter in into this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument a Supplement in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument Supplement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Samples: Pledge Agreement (Cross Country Inc)
Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, the Borrower is required to cause each Subsidiary of Holdings the Borrower that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary that is a Subsidiary Loan Party if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Samples: Pledge Agreement (Donjoy LLC)
Additional Pledgors. Pursuant to Section 5.12 5.11 of the Credit -------------------- Agreement, each Subsidiary of Holdings NWS that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.. 237
Appears in 1 contract
Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Subsidiary of Holdings the Borrower that was not in existence or not a Subsidiary or was an Inactive Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Samples: Pledge Agreement (Catalytica Inc)
Additional Pledgors. Pursuant to Section 5.12 5.09 of the Credit -------------------- Agreement, each Domestic Subsidiary of Holdings the Borrower that was not in existence or not a Domestic Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Domestic Subsidiary if such Domestic Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Domestic Subsidiary of an instrument substantially in the form of Annex 1, such Domestic Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Additional Pledgors. Pursuant to Section 5.12 5.11 of the Credit -------------------- Agreement, each Domestic Subsidiary of Holdings Terex that was not in existence or not a Domestic Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Domestic Subsidiary if such Domestic Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Samples: Pledge Agreement (Terex Corp)
Additional Pledgors. Pursuant to Section 5.12 Each Subsidiary of the Credit -------------------- Agreement, each Subsidiary of Holdings Parent (other than a Non-United States Subsidiary) that was not in existence or not such a Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Administrative Agent and such a Subsidiary of an instrument in the form of Annex 1ANNEX I hereto, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of any such instrument shall not require the consent of any other Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Subsidiary of Holdings the Borrower that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary that is a Subsidiary Loan Party if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Samples: Pledge Agreement (Lpa Services Inc)
Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Borrower Subsidiary of Holdings that was not in existence or not a Borrower Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunderBorrower Subsidiary. Upon execution and delivery by the Collateral Agent and a Borrower Subsidiary of an instrument in the form of Annex 1, such Borrower Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement...
Appears in 1 contract
Samples: Credit Agreement (Hechinger Co)
Additional Pledgors. Pursuant to Section 5.12 subsection 5.10 of the Credit -------------------- Agreement, each Subsidiary of Holdings Borrower that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary Loan Party if such Subsidiary Loan Party owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Additional Pledgors. Pursuant to Section 5.12 14.17 of the Credit -------------------- Loan Agreement, each Consolidated Subsidiary of Holdings that was not in existence or not a Consolidated Subsidiary on the date of the Credit Loan Agreement is or may be required (if and to the extent set forth in the Credit Agreement) to enter in this Agreement as a Subsidiary Pledgor upon becoming a Consolidated Subsidiary if such Consolidated Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Consolidated Subsidiary of an instrument in the form of Annex 1, such Consolidated Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Additional Pledgors. Pursuant to Except as otherwise permitted by Section 5.12 5.11 of the Credit -------------------- Participation Agreement, each Subsidiary of Holdings the Facility Lessee that was not in existence or not a Subsidiary on the date of the Credit Agreement this Agreement, is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent Secured Party and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
Appears in 1 contract
Samples: Pledge and Security Agreement (Reliant Energy Mid Atlantic Power Services Inc)
Additional Pledgors. Pursuant to Section 5.12 5.09 of the Credit -------------------- Agreement, each Subsidiary of Holdings (other than any Foreign Subsidiary) that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter in into this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument a Supplement in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument Supplement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
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Additional Pledgors. Pursuant Subject to Section 5.12 7.14 of the Credit -------------------- Agreement, each U.S. Subsidiary of Crown Holdings that was not in existence or not a U.S. Subsidiary on the date of the Credit Agreement is required to to, and Crown Holdings shall cause such U.S. Subsidiary to, enter in into this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunderU.S. Subsidiary. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 11 hereto, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
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Additional Pledgors. Pursuant to Section 5.12 5.11 of the Credit -------------------- Agreement, each Domestic Subsidiary of Holdings the Borrower that was not in existence or not such a Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.. 12 12
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Samples: Pledge Agreement (Neenah Foundry Co)
Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Domestic Subsidiary of Holdings the Borrower that was not in existence or not a Subsidiary on the date of the Credit Agreement Term Funding Date is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1I, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
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Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Subsidiary of Holdings that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
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Additional Pledgors. Pursuant to Section 5.12 5.09 of the Credit -------------------- Agreement, each Subsidiary of Holdings Subsidiary(other than any Foreign Subsidiary) that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter in into this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument a Supplement in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument Supplement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
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Additional Pledgors. Pursuant to Section 5.12 5.10 of the Credit -------------------- Agreement, each Subsidiary Loan Party (other than a subsidiary of Holdings BFI) that was not in existence or not a Subsidiary Loan Party on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary Loan Party if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
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Samples: Non Shared Collateral Pledge Agreement (Allied Waste Industries Inc)
Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Subsidiary of Holdings the Borrower that was not in existence or not a Subsidiary on the date of the Credit Agreement is required to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
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Samples: Credit Agreement (Triton PCS Inc)
Additional Pledgors. Pursuant to Section 5.12 of the Credit -------------------- Agreement, each Subsidiary of Holdings that was not in existence or not a Subsidiary on the date of the Credit Agreement is or may be required (if and to the extent set forth in the Credit Agreement) to enter in this Agreement as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. The execution and delivery of such instrument shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.
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