Common use of Future Subsidiaries; Additional Collateral Clause in Contracts

Future Subsidiaries; Additional Collateral. (a) With respect to each Person which becomes a Domestic Subsidiary (other than an Immaterial Subsidiary) of the Borrower (directly or indirectly) subsequent to the Effective Date, whether by Permitted Acquisition or otherwise, cause such new Domestic Subsidiary to execute and deliver to the Agent, for and on behalf of each of the Lenders (unless waived by the Agent):

Appears in 2 contracts

Samples: Revolving Credit and Term Loan Agreement (Rocket Fuel Inc.), Revolving Credit and Term Loan Agreement (Rocket Fuel Inc.)

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Future Subsidiaries; Additional Collateral. (a) With respect to each Person which becomes a Domestic Subsidiary (other than an Immaterial Subsidiary) of the any Borrower (directly or indirectly) subsequent to the Effective Date, whether by Permitted Acquisition or otherwise, Date cause such new Domestic Subsidiary to execute and deliver to the Agent, for and on behalf of each of the Lenders (unless waived by the Agent):), in Agent’s sole discretion, either:

Appears in 1 contract

Samples: Revolving Credit Agreement (Obagi Medical Products, Inc.)

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