Common use of Pledge Absolute Clause in Contracts

Pledge Absolute. (a) The Pledgor hereby agrees that this Amended Pledge Agreement shall be binding upon the Pledgor and that the pledge of the Pledged Collateral hereunder shall be irrevocable and unconditional, irrespective of the validity, legality or enforceability of the Amended Notes, or the Obligations, the absence of any action to enforce the same, or any waiver or consent by the Pledgees with respect to any provisions thereof.

Appears in 1 contract

Samples: Pledge Agreement (Emerald Dairy Inc)

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Pledge Absolute. (a) The Pledgor hereby agrees that this Amended Pledge Agreement shall be binding upon the Pledgor and that the pledge of the Pledged Collateral hereunder shall be irrevocable and unconditional, irrespective of the validity, legality or enforceability of the Amended NotesNote, or the Obligations, the absence of any action to enforce the same, or any waiver or consent by the Pledgees Pledgee with respect to any provisions thereof.

Appears in 1 contract

Samples: Pledge Agreement (Vsus Technologies Inc)

Pledge Absolute. (a) The Pledgor hereby agrees that this Amended Pledge Agreement shall be binding upon the Pledgor and that the pledge of the Pledged Collateral hereunder shall be irrevocable and unconditional, irrespective of the validity, legality or enforceability of the Amended NotesNote, or the Obligations, the absence of any action to enforce the same, or any waiver or consent by the Pledgees Pledgee with respect to any provisions thereof.

Appears in 1 contract

Samples: Pledge Agreement (Emerald Dairy Inc)

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Pledge Absolute. (a) The Pledgor hereby agrees that this Amended Pledge Agreement shall be binding upon the Pledgor and that the pledge of the Pledged Collateral hereunder shall be irrevocable and unconditional, irrespective of the validity, legality or enforceability of the Amended Notes, or the Obligations, the absence of any action to enforce the same, or any waiver or consent by the Pledgees with respect to any provisions thereof.

Appears in 1 contract

Samples: Pledge Agreement (Emerald Dairy Inc)

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