Common use of Pledge Agreement – Subsidiary Borrowers Clause in Contracts

Pledge Agreement – Subsidiary Borrowers. The Bank shall have received the Pledge Agreement – Subsidiary Borrowers executed by The ONE Group, together with the following: (i) instruments constituting Collateral, if any, duly indorsed in blank by a duly authorized officer of The ONE Group; (ii) Uniform Commercial Code financing statements, required by law or reasonably requested by the Bank to be filed, registered or recorded to create or perfect the Liens intended to be created under the Pledge Agreement – Subsidiary Borrowers; and (iii) such other documents as the Bank may reasonably require in connection with the perfection of its security interests in the Collateral covered by the Pledge Agreement – Subsidiary Borrowers.

Pledge Agreement – Subsidiary Borrowers. The Bank shall have received the Pledge Agreement – Subsidiary Borrowers executed by The ONE One Group, together with the following: (i) instruments constituting Collateral, if any, duly indorsed in blank by a duly authorized officer of The ONE One Group; (ii) Uniform Commercial Code financing statements, required by law or reasonably requested by the Bank to be filed, registered or recorded to create or perfect the Liens intended to be created under the Pledge Agreement – Subsidiary Borrowers; and (iii) such other documents as the Bank may reasonably require in connection with the perfection of its security interests in the Collateral covered by the Pledge Agreement – Subsidiary Borrowers.