Assumption and Joinder. (a) The Additional Pledgor hereby expressly assumes, and hereby agrees to perform and observe, each and every one of the covenants, rights, promises, agreements, terms, conditions, obligations, appointments, duties and liabilities of a “Pledgor” under the Securities Pledge Agreement and all of the other Loan Documents (as defined in the Credit Agreement) applicable to it as a Pledgor under the Securities Pledge Agreement. By virtue of the foregoing, the Additional Pledgor hereby accepts and assumes any liability of a Pledgor related to each representation, warranty, covenant or obligation made by a Pledgor in the Securities Pledge Agreement, and hereby expressly affirms, as of the date hereof, each of such representations, warranties, covenants and obligations. In connection with the foregoing, the Additional Pledgor hereby grants to the Administrative Agent for the benefit of the Secured Parties a security interest in, and hereby pledges to the Administrative Agent, for the benefit of the Secured Parties, all of the Pledged Equity Interests of the Additional Pledgor on the terms and conditions set forth in the Securities Pledge Agreement. (b) All references to the term Pledgor in the Securities Pledge Agreement or in any document or instrument executed and delivered or furnished, or to be executed and delivered or furnished, in connection therewith shall be deemed to be a reference to, and shall include, the Additional Pledgor.
Appears in 3 contracts
Samples: Securities Pledge Agreement, Securities Pledge Agreement (Cra International, Inc.), Securities Pledge Agreement (Cra International, Inc.)
Assumption and Joinder. (a) The Additional Pledgor Company hereby expressly assumesconfirms that it has assumed, and hereby agrees to perform and observe, each and every one of the covenants, rights, promises, agreements, terms, conditions, obligations, appointments, duties and liabilities of (i) a “Pledgor” Corporate Guarantor under the Securities Pledge Credit Agreement and all of the other Loan Fundamental Documents (as defined in the Credit Agreement) applicable to it as a Pledgor Corporate Guarantor, (ii) a Contributor (as such term is defined in the Contribution Agreement) under the Securities Pledge Contribution Agreement and (iii) a Grantor (as such term is defined in the Copyright Security agreement) under the Copyright Security Agreement. By virtue of the foregoing, the Additional Pledgor Company hereby accepts and assumes any liability of (x) a Pledgor Corporate Guarantor and/or a Credit Party related to each representation, representation or warranty, covenant or obligation made by a Pledgor Corporate Guarantor and/or a Credit Party in the Securities Pledge Agreement, Credit Agreement or any other document and hereby expressly affirms, as of on the date hereof, for the benefit of the Lender, each of such representations, warranties, covenants and obligations. In connection with , (y) a Contributor related to each covenant or obligation made by a Contributor in the foregoing, the Additional Pledgor hereby grants to the Administrative Agent for the benefit of the Secured Parties a security interest in, Contribution Agreement and hereby pledges to the Administrative Agentexpressly affirms, for the benefit of the Secured Parties, all of the Pledged Equity Interests of the Additional Pledgor on the terms date hereof, each of such covenants and conditions set forth obligations and (z) a Grantor related to each covenant or obligation made by a Grantor in the Securities Pledge AgreementCopyright Security Agreement and hereby expressly affirms, on the date hereof, each of such covenants and obligations.
(b) All references to the term Pledgor "Corporate Guarantor" or "Credit Party" in the Securities Pledge Credit Agreement or any other Fundamental Document, or in any document or instrument executed and delivered or furnished, or to be executed and delivered or furnished, in connection therewith shall be deemed to be a reference references to, and shall include, the Additional PledgorCompany.
(c) All references to the term "Contributor" in the Contribution Agreement, or in any document or instrument executed and delivered or furnished, or to be executed and delivered or furnished, in connection therewith shall be deemed to be references to, and shall include, the Company.
(d) All references to the term "Grantor" in the Copyright Security Agreement, or in any document or instrument executed and delivered or furnished, or to be executed and delivered or furnished, in connection therewith shall be deemed to be references to, and shall include, the Company.
Appears in 2 contracts
Samples: Assumption and Joinder Agreement (Newstar Media Inc), Assumption and Joinder Agreement (Newstar Media Inc)
Assumption and Joinder. (a) The Additional Pledgor hereby expressly assumes, and hereby agrees to perform and observe, each and every one of the covenants, rights, promises, agreements, terms, conditions, obligations, appointments, duties and liabilities of a “Pledgor” under the Securities Pledge Agreement and all of the other Loan Documents (as defined in the Credit Agreement) applicable to it as a Pledgor under the Securities Pledge Agreement. By virtue of the foregoing, the Additional Pledgor hereby accepts and assumes any liability of a Pledgor related to each representation, warranty, covenant or obligation made by a Pledgor in the Securities Pledge Agreement, and hereby expressly affirms, as of the date hereof, each of such representations, warranties, covenants and obligations. In connection with the foregoing, the Additional Pledgor hereby grants to the Administrative Agent for the benefit of the Secured Parties a security interest in, and hereby pledges to the Administrative Agent, for the benefit of the Secured Parties, all of the Pledged Equity Interests of the Additional Pledgor on the terms and conditions set forth in the Securities Pledge Agreement.
(b) All references to the term Pledgor in the Securities Pledge Agreement or in any document or instrument executed and delivered or furnished, or to be executed and delivered or furnished, in connection therewith shall be deemed to be a reference to, and shall include, the Additional Pledgor.
Appears in 2 contracts
Samples: Credit Agreement (Cra International, Inc.), Credit Agreement (Cra International, Inc.)
Assumption and Joinder. (a) The Additional New Pledgor hereby expressly assumes, and hereby agrees to perform and observe, each and every one of the covenants, rights, promises, agreements, terms, conditions, obligations, appointments, duties and liabilities of a “Pledgor” under the Securities Pledge Agreement and all of the other Loan Documents (as defined in the Credit Agreement) applicable to it as a Pledgor under the Securities Pledge Agreement. By virtue of the foregoing, the Additional New Pledgor hereby accepts and assumes any liability of a Pledgor related to each representation, warranty, covenant or obligation made by a Pledgor in the Securities Pledge Agreement, and hereby expressly affirms, as of the date hereof, each of such representations, warranties, covenants and obligations. In connection with the foregoing, the Additional New Pledgor hereby mortgages, pledges and assigns to the Collateral Agent, and grants to the Administrative Collateral Agent for the benefit of the Secured Parties Principal, a continuing security interest in, and hereby pledges to the Administrative Agent, for the benefit of the Secured Partiesa continuing lien upon, all of the Pledged Equity Interests Collateral of the Additional New Pledgor on the terms and conditions set forth in the Securities Pledge Agreement.
(b) All references to the term Pledgor in the Securities Pledge Agreement or in any document or instrument executed and delivered or furnished, or to be executed and delivered or furnished, in connection therewith shall be deemed to be a reference to, and shall include, the Additional New Pledgor.
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Assumption and Joinder. (a) The Additional Pledgor Debtor hereby expressly assumes, and hereby agrees to perform and observe, each and every one of the covenants, rights, promises, agreements, terms, conditions, obligations, appointments, duties and liabilities of a “PledgorDebtor” under the Securities Pledge Security Agreement and all of the other Loan Documents Papers (as defined in the Credit Agreement) applicable to it as a Pledgor Debtor under the Securities Pledge Security Agreement. By virtue of the foregoing, the Additional Pledgor Debtor hereby accepts and assumes any liability of a Pledgor Debtor related to each representation, warranty, covenant or obligation made by a Pledgor Debtor in the Securities Pledge Security Agreement, and hereby expressly affirms, as of the date hereof, each of such representations, warrantieswarranties (except to the extent that any such representations and warranties expressly relate to an earlier date), covenants and obligations. In connection with the foregoing, the Additional Pledgor Debtor hereby grants to the Administrative Agent Secured Party for the benefit of the Secured Parties Lenders a security interest in, and hereby pledges to the Administrative AgentSecured Party, for the benefit of the Secured PartiesLenders, all of the Pledged Equity Interests Collateral of the Additional Pledgor Debtor on the terms and conditions set forth in the Securities Pledge Security Agreement.
(b) All references to the term Pledgor Debtor in the Securities Pledge Security Agreement or in any document or instrument executed and delivered or furnished, or to be executed and delivered or furnished, in connection therewith shall be deemed to be a reference to, and shall include, the Additional PledgorDebtor.
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