Joinder of New Subsidiaries. Each Person (other than an Acquisition Subsidiary) which is a Permitted New Dealership or an Other New Subsidiary or which, with the consent of the Required Lenders, becomes a Subsidiary of the Company, shall execute a Guarantor Joinder Agreement (or if it is to become a New Vehicle Floorplan Borrower, a Borrower Joinder Agreement) and shall execute such other documents and satisfy such requirements as Agent reasonably requires so that such Person becomes a Guarantor and a Loan Party and, if applicable, a New Vehicle Floorplan Borrower, and grants a security interest to Agent for the benefit of the Lenders in the Collateral owned by such Person. Each new Subsidiary shall satisfy all requirements applicable to an Acquisition Subsidiary which are set forth in Section 13.13 (d), (g), (i), (j), (k) (if such Subsidiary is a Dealership), (l) and (p).
Joinder of New Subsidiaries. At the request of and as an accommodation to the Companies and subject to the strict compliance with the terms, conditions and requirements set forth herein (including, without limitation, satisfaction of each of the conditions set forth in Section 6 below), the Purchaser hereby agrees to allow 30 days from the date hereof for Organic Holdings LLC and its Subsidiaries to join the Note Purchase Agreement as Companies, grant Liens in substantially all of their assets to secure the Obligations and otherwise comply with Section 5.4 of the Note Purchase Agreement.
Joinder of New Subsidiaries. FMI agrees that, promptly after the acquisition or creation of any new Subsidiary (and in any event within ten days after the date of such acquisition or creation, as the case may be) it will cause any such Subsidiary (other than an Insignificant Subsidiary) required to pledge its capital stock pursuant to the Pledge Agreement to deliver to the Agents and the Collateral Agent an acknowledgment duly executed by such new Subsidiary in substantially the form of Exhibit A hereto (an "Intercreditor Acknowledgment").
Joinder of New Subsidiaries a. Pursuant to Section 5.10 of the Credit Agreement, each of Diagnostic Village, LLC, a California limited liability company, and Radar Medical Systems, L.L.C., a Michigan limited liability company (each a “New Subsidiary”) hereby:
Joinder of New Subsidiaries. Each Person (other than an Acquisition Subsidiary) which, with the consent of the Required Lenders, becomes a Subsidiary of the Company shall execute a Guarantor Joinder Agreement (or if it is to become a Flooring Loan Borrower, a Borrower Joinder Agreement) and shall execute such other documents and satisfy such requirements as Agent reasonably requires so that such Person becomes a Guarantor and a Loan Party and, if applicable, a Flooring Loan Borrower, and grants a security interest to Agent for the benefit of the Lenders in the Collateral owned by such Person. Each new Subsidiary shall satisfy all requirements applicable to an Acquisition Subsidiary which are set forth in Section 12.13 (g), (i), (j), (k) (if such Subsidiary is a Dealership), (l) and (p).
Joinder of New Subsidiaries. Section 12.17 of the Loan Agreement is deleted and replaced with the following
Joinder of New Subsidiaries. The Company shall cause each of its Subsidiaries to execute a joinder to this Agreement, (“Joinder”) within five (5) business days of each such subsidiary becoming a Subsidiary of the Company, whereby each such future Subsidiary shall become a party to this Agreement and shall thereby grant to the Company a first priority security interest in and to each such future Subsidiary’s Pledged Property and collateral as set forth herein. A form of the Joinder is attached hereto as Exhibit B. For purposes of this Agreement and the Joinder, a “Subsidiary” means (a) any corporation, partnership, limited liability company or other entity of which more than 50% of the outstanding equity interests having ordinary voting power to elect a majority of the board of directors or other governing body of such entity is at the time owned, or the management of which is otherwise controlled, directly or indirectly through one or more intermediaries, by the Company, or with respect to which the Company, directly or indirectly through one or more intermediaries, has the right to vote or designate the vote of more than 50% of such equity interests (whether by proxy, agreement, operation of law or otherwise), and (b) any corporation, partnership, limited liability company or other entity in which the Company, directly or indirectly, shall have an interest (whether in the form of voting or participation in profits or capital contribution) of more than 50% or of which the Company is a general partner or may exercise the powers of a general partner.
Joinder of New Subsidiaries. Such documentation as the Agent may request to evidence (i) the joinder of each of HMHM and HBS CO to the Guaranty and the Subsidiary Security Agreement, each as a guarantor and debtor thereunder and (ii) the pledge to the Agent of the stock of, or other ownership interests in, HMHM, HBS CO, HBS CA, and FPM.
Joinder of New Subsidiaries. Synergetics will cause each newly formed subsidiary that will generate Foreign Accounts to join as co-borrowers with all Borrowers hereunder and grant Lender a security interest in its Foreign Accounts and execute such documents as Lender may require to confirm that such entity is obligated under this Agreement and the Revolving Note as if it had executed both documents.
Joinder of New Subsidiaries. Each of the Credit Agreement and the Notes is hereby amended by including each of the New Subsidiaries as a "Borrower" thereunder. Each of the New Subsidiaries hereby expressly assumes all of the Obligations and acknowledges and agrees that it shall be jointly and severally liable for all Obligations as a "Borrower" under each of the Credit Agreement, the Notes and the other Loan Documents.
