Common use of Issuer Agreements Clause in Contracts

Issuer Agreements. Each Obligor that is the issuer of any Pledged Interests hereby (i) acknowledges the security interest and Lien of Agent in such Collateral granted by the Obligor owning such Pledged Interests and (ii) agrees that, with respect to any such Pledged Interests, it will comply with the instructions originated by Agent in accordance with this Agreement or the Security Documents without further consent of any other Obligor.

Appears in 7 contracts

Samples: Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc), Loan and Security Agreement (P&f Industries Inc)

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Issuer Agreements. Each Obligor that is the issuer of any Pledged Interests hereby (ia) acknowledges the security interest and Lien of Agent in such Collateral granted by the Obligor owning such Pledged Interests and (ii) agrees that, with respect to any such Pledged Interests, following the occurrence and during the continuance of an Event of Default, it will comply with the instructions originated by Agent in accordance with this Agreement or the Security Documents without further consent of any other Obligor.

Appears in 4 contracts

Samples: Loan, Guaranty and Security Agreement (ArcLight Clean Transition Corp.), Loan and Security Agreement (Innerworkings Inc), Loan and Security Agreement (Conns Inc)

Issuer Agreements. Each Obligor that is the issuer of any Pledged Interests hereby (ia) acknowledges the security interest and Lien of Agent Lender in such Collateral granted by the Obligor owning such Pledged Interests and (iib) agrees that, with respect to any such Pledged Interests, following the occurrence and during the continuance of an Event of Default, it will comply with the instructions originated by Agent in accordance with this Agreement or the Security Documents Lender without further consent of any other Obligor.

Appears in 3 contracts

Samples: Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.), Loan and Security Agreement (Orion Energy Systems, Inc.)

Issuer Agreements. Each Obligor that is the issuer of any Pledged Interests hereby (ia) acknowledges the security interest and Lien of Agent in such Collateral granted by the Obligor owning such Pledged Interests and (ii) agrees that, with respect to any such Pledged Intereststhat following the occurrence and during the continuance of an Event of Default, it will comply with the instructions originated by Agent in accordance with this Agreement or the Security Documents without further consent of any other Obligor.

Appears in 1 contract

Samples: Loan and Security Agreement (Installed Building Products, Inc.)

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Issuer Agreements. Each Obligor that is the issuer of any Pledged Interests hereby (ia) acknowledges the security interest and Lien of Agent in such Collateral granted by the Obligor owning such Pledged Interests and (ii) agrees that, with respect to any such Pledged Interests, it will comply with the instructions originated by Agent in accordance with this Agreement or the Security Documents without further consent of any other Obligor.

Appears in 1 contract

Samples: Loan and Security Agreement (Spherion Corp)

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