Common use of Confirmatory Instruments Clause in Contracts

Confirmatory Instruments. From time to time, subject to each Intercreditor Agreement (if any), each Grantor shall, upon the Collateral Agent’s request, execute and deliver confirmatory written instruments pledging to the Collateral Agent, for the benefit of the Secured Parties, the Collateral with respect to such Grantor, but the failure to do so shall not affect or limit any security interest or any other rights of the Secured Parties in and to the Collateral with respect to such Grantor.

Appears in 5 contracts

Samples: Collateral Agreement (Quotient LTD), Collateral Agreement (Egalet Corp), Collateral Agreement (Quotient LTD)

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Confirmatory Instruments. From time to time, subject to each the Closing Date Intercreditor Agreement (if any)Agreement, each Grantor shall, upon the Collateral Agent’s request, execute and deliver confirmatory written instruments pledging to the Collateral Agent, for the benefit of the Secured Parties, the Collateral with respect to such Grantor, but the failure to do so shall not affect or limit any security interest or any other rights of the Secured Parties in and to the Collateral with respect to such Grantor.

Appears in 1 contract

Samples: Collateral Agreement (Egalet Corp)

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