Continued Existence. Upon any transfer of the Pledged Collateral to any Person as permitted upon the occurrence and during the continuance of an Event of Default in accordance with Section 6 hereof, each of the Issuers shall continue in existence.
Appears in 4 contracts
Samples: Pledge Agreement (Viskase Companies Inc), Pledge Agreement (Viskase Companies Inc), Pledge Agreement (Viskase Companies Inc)
Continued Existence. Upon any transfer of the Pledged Collateral to any Person as permitted upon the occurrence and during the continuance of an Event of Default in accordance with Section SECTION 6 hereof, each of the Issuers shall continue in existence.
Appears in 2 contracts
Samples: Pledge Agreement (Empire Resorts Inc), Pledge Agreement (Empire Resorts Inc)
Continued Existence. Upon Until any transfer of the Pledged Collateral to any Person as permitted upon the occurrence and during the continuance of after an Event of Default in accordance with Section 6 hereof, each of the Issuers Issuer shall continue in existence.
Appears in 2 contracts
Samples: Pledge Agreement (Phoenix Footwear Group Inc), Pledge Agreement (Easylink Services Corp)
Continued Existence. Upon Until any transfer of the Pledged Collateral to any Person as permitted upon the occurrence and during the continuance of after an Event of Default in accordance with Section 6 hereof, each of the Issuers shall continue in existence.
Appears in 2 contracts
Samples: Pledge Agreement (Easylink Services Corp), Pledge Agreement (Easylink Services Corp)
