Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 13 contracts
Samples: Pledge and Security Agreement (Omeros Corp), Pledge and Security Agreement (Veritone, Inc.), Pledge and Security Agreement
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 3 contracts
Samples: Pledge and Security Agreement, Pledge and Security Agreement (Medical Device Manufacturing, Inc.), Credit and Guaranty Agreement (Medical Device Manufacturing, Inc.)
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Priority Lien Collateral Agent Trustee of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 3 contracts
Samples: Priority Lien Debt (NewPage Holding CORP), Priority Lien Debt (NewPage CORP), Priority Lien Debt (NewPage Energy Services LLC)
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Collateral Agent Trustee of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Samples: Securities Control Agreement (PRETIUM CANADA Co), Securities Control Agreement (PRETIUM CANADA Co)
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall promptly notify the Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Samples: Second Lien Pledge and Security Agreement (Dura Automotive Systems Inc), Revolving Credit Agreement Pledge and Security Agreement (Dura Automotive Systems Inc)
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit Agreement (Huttig Building Products Inc), Security and Pledge Agreement (Hawk Corp)
Covenants and Agreements. Each Grantor hereby covenants and agrees with the Collateral Agent and each other Secured Party that it shall notify the Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Lifecore Biomedical, Inc. \De\), Pledge and Security Agreement (Landec Corp \Ca\)
Covenants and Agreements. Each Grantor hereby covenants and agrees that that: (i) it shall notify the Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse EffectEffect and (ii) upon the occurrence and during the continuance of an Event of Default and after notice from the Collateral Agent thereof, all Indebtedness represented by any Pledged Debt shall be fully subordinated to the indefeasible payment in full in cash of the Secured Obligations.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Education Management Corporation), Pledge and Security Agreement (AID Restaurant, Inc.)
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Collateral Agent Secured Party of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Xo Communications Inc), Pledge and Security Agreement (Atlantic Coast Entertainment Holdings Inc)
Covenants and Agreements. Each Grantor hereby covenants and agrees that it each Grantor shall notify the Collateral Agent of any default under any Pledged Debt that has causedcaused or could reasonably be expected to cause, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Samples: Guarantee and Collateral Agreement (Independence Contract Drilling, Inc.), Guarantee and Collateral Agreement (Independence Contract Drilling, Inc.)
Covenants and Agreements. Each Grantor hereby covenants and agrees that until the payment in full of all Secured Obligations it shall notify the Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Samples: Pledge and Security Agreement (Autocam Corp/Mi), Pledge and Security Agreement (Autocam Corp/Mi)
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse EffectEffect on the Grantors.
Appears in 2 contracts
Samples: Credit and Guaranty Agreement (Tumi Holdings, Inc.), Pledge and Security Agreement (Tumi Holdings, Inc.)
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Collateral Agent of any default under any Pledged Debt that has causedcaused or could reasonably be expected to cause, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Samples: Guarantee and Collateral Agreement (Joe's Jeans Inc.), Guarantee and Collateral Agreement (Joe's Jeans Inc.)
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Revolving Collateral Agent of any default under any Pledged Debt that has causedcaused or could reasonably be expected to cause, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 2 contracts
Samples: Counterpart Agreement (REV Group, Inc.), Intercreditor Agreement (REV Group, Inc.)
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Term Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Term Collateral Agent of any default under any Pledged Debt that has causedcaused or could reasonably be expected to cause, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Samples: Domestic Pledge and Security Agreement (Progress Rail Services, Inc.)
Covenants and Agreements. Each Grantor hereby covenants and agrees that that: (i) it shall notify the Collateral Agent of any default under any Pledged Debt that has causedcaused or could cause, either in any individual case or in the aggregate, a Material Adverse Effect.; and (ii) it shall not deliver or otherwise transfer any instruments representing any Other Intercompany Debt to any Person other than the Collateral Agent. 4.4.4
Appears in 1 contract
Samples: Pledge and Security Agreement
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Revolving Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Collateral Agent of any default under any Pledged Debt owned by such Grantor that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Covenants and Agreements. Each Grantor hereby covenants and agrees that it shall notify the Collateral Agent of any default under any Pledged Debt that has causedcaused or could reasonably be expected to cause, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Covenants and Agreements. Each Grantor hereby covenants and agrees with the Collateral Agent and each other Secured Party that it shall notify the Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.. 18 WEIL:\96958198\8\71605.0155
Appears in 1 contract
Covenants and Agreements. Each Grantor hereby covenants and agrees that it such Grantor shall notify the Collateral Administrative Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Samples: Pledge and Security Agreement (Talecris Biotherapeutics Holdings Corp.)
Covenants and Agreements. Each Grantor hereby covenants and agrees with Collateral Agent and each other Secured Party that it shall notify the Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Covenants and Agreements. Each Grantor hereby covenants and agrees with Collateral Agent and each other Secured Party that it shall promptly notify the Collateral Agent of any default under any Pledged Debt that has caused, either in any individual case or in the aggregate, a Material Adverse Effect.
Appears in 1 contract
Samples: Credit and Guaranty Agreement (Del Frisco's Restaurant Group, LLC)
