Common use of Additional Undertakings Clause in Contracts

Additional Undertakings. The Pledgor will not, without the prior written consent of the Collateral Agent: (a) enter into any agreement amending, supplementing, or waiving any provision of any Pledged Note (including any underlying instrument pursuant to which such Pledged Note is issued) or compromising or releasing or extending the time for payment of any obligation of the maker thereof; or (b) take or omit to take any action the taking or the omission of which would result in any impairment or alteration of any obligation of the maker of any Pledged Note or other instrument constituting Collateral.

Appears in 5 contracts

Samples: Pledge Agreement (Foamex Fibers Inc), Pledge Agreement (Foamex Capital Corp), Pledge Agreement (Foamex Fibers Inc)

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Additional Undertakings. The Pledgor will not, without the prior written consent of the Collateral Administrative Agent: (a) enter into any agreement amending, supplementing, or waiving any provision of any Pledged Note (including any underlying instrument pursuant to which such Pledged Note is issued) or compromising or releasing or extending the time for payment of any obligation of the maker thereof; or (b) take or omit to take any action the taking or the omission of which would result in any impairment or alteration of any obligation of the maker of any Pledged Note or other instrument constituting Collateral.

Appears in 3 contracts

Samples: Credit Agreement (Dri I Inc), Holdings Pledge Agreement (Dri I Inc), Holdings Pledge Agreement (Dri I Inc)

Additional Undertakings. The Pledgor will not, without the prior written consent of the Collateral Agent: (a) enter into any agreement amending, supplementing, or waiving any provision of any Pledged Note (including any underlying instrument pursuant to which such Pledged Note is issued) or compromising or releasing or extending the time for payment of any obligation of the maker thereof; or (b) take or omit to take any action the taking or the omission of which would result in any impairment or alteration of any obligation of the maker of any Pledged Note or other instrument constituting Collateral.

Appears in 2 contracts

Samples: Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc)

Additional Undertakings. The No Pledgor will notwill, without the prior written consent of the Collateral Agent: (a) enter into any agreement amending, supplementing, or waiving any provision of any Pledged Note (including any underlying instrument pursuant to which such Pledged Note is issued) or compromising or releasing or extending the time for payment of any obligation of the maker thereof; or (b) take or omit to take any action the taking or the omission of which would result in any impairment or alteration of any obligation of the maker of any Pledged Note or other instrument constituting Collateral.

Appears in 2 contracts

Samples: Credit Agreement (Novamed Inc), Credit Agreement (Novamed Inc)

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Additional Undertakings. The Such Pledgor will not, without the prior written consent of the Collateral Administrative Agent: (a) enter into any agreement amending, supplementing, or waiving any provision of any Pledged Note (including any underlying instrument pursuant to which such Pledged Note is issued) or compromising or releasing or extending the time for payment of any obligation of the maker thereof; or (b) take or omit to take any action the taking or the omission of which would result in any impairment or alteration of any obligation of the maker of any Pledged Note or other instrument constituting Collateral.

Appears in 2 contracts

Samples: Credit Agreement (Dri I Inc), Pledge Agreement (Duane Reade Inc)

Additional Undertakings. The Each Pledgor will not, without the prior written consent of the Collateral Agent: (a) enter into any agreement amending, supplementing, or waiving any provision of any Pledged Note (including any underlying instrument pursuant to which such Pledged Note is issued) or compromising or releasing or extending the time for payment of any obligation of the maker thereof; or (b) take or omit to take any action the taking or the omission of which would could result in any impairment or alteration of any obligation of the maker of any Pledged Note or other instrument constituting Collateral.

Appears in 1 contract

Samples: Credit Agreement (Us Automotive Manufacturing Inc)

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