Common use of FURTHER ASSURANCES; PLEDGE AMENDMENTS Clause in Contracts

FURTHER ASSURANCES; PLEDGE AMENDMENTS. (a) Pledgor agrees that from time to time, at the expense of Pledgor, Pledgor will promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that Collateral Agent may request, in order to perfect and protect any security interest granted or purported to be granted hereby or to enable Collateral Agent to exercise and enforce its rights and remedies hereunder with respect to any Pledged Collateral. Without limiting the generality of the foregoing, Pledgor will: (i) execute and file such financing or continuation statements, or amendments thereto, and such other instruments or notices, as may be necessary or desirable, or as Collateral Agent may request, in order to perfect and preserve the security interests granted or purported to be granted hereby and (ii) at Collateral Agent's request, appear in and defend any action or proceeding that may affect Pledgor's title to or Collateral Agent's security interest in all or any part of the Pledged Collateral.

Appears in 3 contracts

Samples: Subsidiary Pledge Agreement (Total Renal Care Holdings Inc), Credit Agreement (Dictaphone Corp /De), Borrower Pledge Agreement (Total Renal Care Holdings Inc)

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FURTHER ASSURANCES; PLEDGE AMENDMENTS. (a) Pledgor agrees that from time to time, at the expense of Pledgor, Pledgor will promptly execute and deliver all further instruments and documents, and take all further action, that may be necessary or desirable, or that Collateral Agent may request, in order to perfect and protect any security interest granted or purported to be granted hereby or to enable Collateral Agent to exercise and enforce its rights and remedies hereunder with respect to any Pledged Collateral. Without limiting the generality of the foregoing, Pledgor will: (i) execute and file such financing or continuation statements, or amendments thereto, and such other instruments or noticesnotices (including, without limitation, stock powers with respect to, or other endorsements or instruments necessary to effect the assignment or other transfer of, any of the Pledged Collateral), as may be necessary or desirable, or as Collateral Agent may request, in order to perfect and preserve the security interests granted or purported to be granted hereby and (ii) at Collateral Agent's request, appear in and defend any action or proceeding that may affect Pledgor's title to or Collateral Agent's security interest in all or any part of the Pledged Collateral.

Appears in 2 contracts

Samples: Pledge Agreement (Cb Richard Ellis Services Inc), Pledge Agreement (Cb Commercial Real Estate Services Group Inc)

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