Common use of CP Holders Clause in Contracts

CP Holders. By accepting the security granted by, and the other ---------- benefits of, this Agreement, each CP Holder is hereby deemed to have (a) designated the Agent as collaxxxxx xxxnt for such CP Holder for purposes of this Agreement on the terms and conditions xxx xxxxh herein, (b) consented to and agreed to be bound by the terms of this Agreement and to the Agent, in its capacity as collateral agent, entering into this Agreement on such CP Holder's behalf, and (c) agreed to indemnify the Agent, in its caxxxxxx xx xollateral agent, pursuant to the terms of this Agreement, with respect to the Agent's responsibilities as collateral agent under this Agreement on such CP Holder's behalf.

Appears in 1 contract

Samples: Stock Pledge Agreement (Medallion Financial Corp)

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CP Holders. By accepting the security granted by, and the other ---------- benefits of, this Agreement, each CP Holder XX Xxxxxx is hereby deemed to have (a) designated the Agent as collaxxxxx xxxnt collateral agent for such CP Holder XX Xxxxxx for purposes of this Agreement on the terms and conditions xxx xxxxh set forth herein, (b) consented to and agreed to be bound by the terms of this Agreement and to the Agent, in its capacity as collateral agent, entering into this Agreement on such CP Holder's XX Xxxxxx'x behalf, and (c) agreed to indemnify the Agent, in its caxxxxxx xx xollateral capacity as collateral agent, pursuant to the terms of this Agreement, with respect to the Agent's responsibilities as collateral agent under this Agreement on such CP Holder's XX Xxxxxx'x behalf.

Appears in 1 contract

Samples: Loan Agreement (Medallion Financial Corp)

CP Holders. By accepting the security granted by, and the other ---------- benefits of, this Agreement, each CP Holder XX Xxxxxx is hereby deemed to have (a) designated the Agent as collaxxxxx xxxnt collateral agent for such CP Holder XX Xxxxxx for purposes of this Agreement on the terms and conditions xxx xxxxh set forth herein, (b) consented to and agreed to be bound by the terms of this Agreement and to the Agent, in its capacity as collateral agent, entering into this Agreement on such CP Holder's XX Xxxxxx'x behalf, (c) consented to and agreed to be bound by the terms of Article 2B of the Loan Agreement, including Section 2B(b) of the Loan Agreement, and (cd) agreed to indemnify the Agent, in its caxxxxxx xx xollateral capacity as collateral agent, pursuant to the terms of this Agreement, with respect to the Agent's responsibilities as collateral agent under this Agreement on such CP Holder's XX Xxxxxx'x behalf.

Appears in 1 contract

Samples: Security Agreement (Medallion Financial Corp)

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CP Holders. By accepting the security granted by, and the other ---------- benefits of, this Agreement, each CP Holder XX Xxxxxx is hereby deemed to have (a) designated the Agent as collaxxxxx xxxnt collateral agent for such CP Holder XX Xxxxxx for purposes of this Agreement on the terms and conditions xxx xxxxh set forth herein, (b) consented to and agreed to be bound by the terms of this Agreement and to the Agent, in its capacity as collateral agent, entering into this Agreement on such CP Holder's XX Xxxxxx'x behalf, and (c) agreed to indemnify the Agent, in its caxxxxxx xx xollateral capacity as collateral agent, pursuant to the terms of this Agreement, with respect to the Agent's responsibilities as collateral agent under this Agreement on such CP Holder's XX Xxxxxx'x behalf.

Appears in 1 contract

Samples: Stock Pledge Agreement (Medallion Financial Corp)

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