Amendment to Borrower Pledge Agreement Sample Clauses

Amendment to Borrower Pledge Agreement. The Administrative Agent shall have received a First Amendment to Pledge Agreement duly executed and delivered by the Borrower and in form and substance satisfactory to the Administrative Agent or the Collateral Agent whereby the Borrower pledges 100% of its Equity Interests in NGX GP and NGX LP.
Sample 1
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Amendment to Borrower Pledge Agreement. The Borrower shall execute and deliver an amendment to the Borrower Pledge Agreement in form and substance satisfactory to the Lenders to effect a pledge of the stock of each of Somerset Asia Pacific Pty. Ltd., NCUL, and Somerset Marine (UK) Limited, and the Borrower will deliver the certificates representing the shares pledged pursuant to such amendment to Borrower Pledge Agreement and undated stock powers executed in blank for each such certificate and the Borrower will take any and all other actions and execute any other agreements required to give the
Sample 1
Amendment to Borrower Pledge Agreement. (a) Schedule I of the Pledge Agreement made by the Borrower is hereby amended by deleting existing Schedule I in its entirety and substituting in lieu thereof the modified Schedule I attached hereto as Exhibit D and in connection therewith, within thirty (30) days from the date of this Agreement, the Borrower shall deliver to the Collateral Trustee stock certificates evidencing the Hanover Compressor Columbia, Inc., shares, the Hanover Caymen, Limited, shares, and the Contract Compression International Argentina, S.A. shares that are set forth on such modified Schedule I together with any and all other documents reasonably requested by the Agent to create a valid, first priority perfected lien in such shares in favor of the Collateral Agent and (b) Subsection 4(a) of the Pledge Agreement made by the Borrower is hereby amended by deleting the words "H.C.C.
Sample 1
Amendment to Borrower Pledge Agreement. The Borrower shall execute and deliver an amendment to the Borrower Pledge Agreement in form and substance satisfactory to the Lenders to effect a pledge of the stock of Somerset Asia Pacific Pty. Ltd. and the Borrower will deliver the certificates representing the shares pledged pursuant to such amendment to Borrower Pledge Agreement and undated stock powers executed in blank for each such certificate and the Borrower will take any and all other actions and execute any other agreements required to give the Agent a first priority perfected security interest in such stock; and
Sample 1
Amendment to Borrower Pledge Agreement. The execution and delivery of a second amendment to the Borrower Pledge Agreement pursuant to which the Borrower grants a Lien on the stock of Brookwood Laminating, together with the certificates representing the shares pledged by the Borrower pursuant to such amendment and undated stock powers executed in blank for each such certificate;
Sample 1

Related to Amendment to Borrower Pledge Agreement

  • Amendment to Loan Documents The Borrower shall not amend any of the Loan Documents except pursuant to the applicable terms thereof and Section 12.5 of this Agreement.

  • Amendment of Loan Documents Grantor authorizes Bank, without notice or demand and without affecting its liability hereunder, from time to time to (a) renew, extend, or (with the approval of Borrower) otherwise change the terms of any Loan Document, or any part thereof; (b) take and hold security for the payment of any Loan Document, and exchange, enforce, waive and release any such security; and (c) apply such security and direct the order or manner of sale thereof as Bank in its sole discretion may determine.

  • Amendment of Loan Agreement The Loan Agreement is hereby amended as follows:

  • Amendment and Restatement of Existing Credit Agreement Upon the execution and delivery of this Agreement, the Existing Credit Agreement shall be amended and restated to read in its entirety as set forth herein. With effect from and including the Effective Date, (i) the Commitments of each Lender party hereto shall be as set forth on Appendix A (and (a) to the extent that such Lender constitutes a lender under the Existing Credit Agreement (a “Consenting Lender”), such Consenting Lender’s commitment thereunder shall be terminated and replaced with its respective Commitment hereunder and (b) any lender under the Existing Credit Agreement that is not listed on Appendix A shall cease to be a Lender hereunder and its commitment thereunder shall be terminated; provided that, for the avoidance of doubt, such lender under the Existing Credit Agreement shall continue to be entitled to the benefits of Section 9.03 of the Existing Credit Agreement), (ii) all accrued and unpaid interest and fees and other amounts owing under the Existing Credit Agreement shall have been paid by the Borrower under the Existing Credit Agreement, whether or not such interest, fees or other amounts would otherwise be due and payable at such time pursuant to the Existing Credit Agreement, (iii) the Commitment Ratio of the Consenting Lenders shall be redetermined based on the Commitments set forth in the Appendix A and the participations of the Consenting Lenders in, and the obligations of the Consenting Lenders in respect of, any Letters of Credit or Swingline Loans outstanding on the Effective Date shall be reallocated to reflect such redetermined Commitment Ratio and (iv) each JLA Issuing Bank shall have the Fronting Sublimit set forth in Appendix B. Section 9.18

  • Amendment and Restatement of the Existing Credit Agreement The parties to this Agreement agree that, upon (i) the execution and delivery by each of the parties hereto of this Agreement and (ii) satisfaction of the conditions set forth in Section 3.01, the terms and provisions of the Existing Credit Agreement shall be and hereby are amended, superseded and restated in their entirety by the terms and provisions of this Agreement. This Agreement is not intended to and shall not constitute a novation. All loans made and obligations incurred under the Existing Credit Agreement which are outstanding on the Effective Date shall continue as Obligations under (and shall be governed by the terms of) this Agreement and the other Loan Documents. Without limiting the foregoing, upon the effectiveness hereof: (a) all references in the “Loan Documents” (as defined in the Existing Credit Agreement) to the “Agent”, the “Credit Agreement” and the “Loan Documents” shall be deemed to refer to the Agent, this Agreement and the Loan Documents, (b) all obligations constituting “Obligations” with any Lender or any Affiliate of any Lender which are outstanding on the Effective Date shall continue as Obligations under this Agreement and the other Loan Documents, (c) the Agent shall make such reallocations, sales, assignments or other relevant actions in respect of each Lender’s credit and loan exposure under the Existing Credit Agreement as are necessary in order that each such Lender’s outstanding Revolving Credit Advances hereunder reflect such Lender’s Pro Rata Share of the outstanding aggregate Revolving Credit Advances on the Effective Date, (d) the Existing Revolving Credit Advances (as defined in Section 2.01) of each Departing Lender shall be repaid in full (accompanied by any accrued and unpaid interest and fees thereon), each Departing Lender’s “Commitment” under the Existing Credit Agreement shall be terminated and each Departing Lender shall not be a Lender hereunder, and (e) the Borrower hereby agrees to compensate each Lender (including each Departing Lender) for any and all losses, costs and expenses incurred by such Lender in connection with the sale and assignment of any Eurodollar Rate Advances (including the “Eurodollar Rate Advances” under the Existing Credit Agreement) and such reallocation described above, in each case on the terms and in the manner set forth in Section 8.04(c) hereof.

  • Reaffirmation of Credit Agreement This Amendment shall be deemed to be an amendment to the Credit Agreement, and the Credit Agreement, as amended hereby, is hereby ratified, approved and confirmed in each and every respect. All references to the Credit Agreement herein and in any other document, instrument, agreement or writing shall hereafter be deemed to refer to the Credit Agreement as amended hereby.

  • Amendment of Credit Agreement The Credit Agreement is hereby amended as follows:

  • Amendment to Existing Credit Agreement Subject to the occurrence of the Second Amendment Effective Date (as hereinafter defined), the Existing Credit Agreement is amended in accordance with this Article II.

  • Amendment to Loan Agreement Subject to satisfaction of the conditions precedent set forth in Section 3 below, the Loan Agreement is hereby amended as follows:

  • Amendment to Credit Agreement The Credit Agreement is hereby amended as follows:

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