Common use of Pledge of Additional Securities Collateral Clause in Contracts

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 and SECTION 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 7 contracts

Samples: Security Agreement (Kid Brands, Inc), Credit Agreement (Bluefly Inc), Security Agreement (Pacific Sunwear of California Inc)

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Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Administrative Agent and forthwith deliver to the Collateral Administrative Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a "Pledge Amendment"), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Administrative Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Administrative Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 7 contracts

Samples: Canadian Security Agreement (Bombardier Recreational Products Inc.), Security Agreement (Quest Resource Corp), Security Agreement (Quest Resource Corp)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged additional Securities or Intercompany Notes of any Person required to be pledged hereunderCollateral, accept the same in trust for the benefit of the Collateral Administrative Agent and forthwith deliver to the Collateral Administrative Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany under Section 3.4(a) in respect of additional Pledged Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Pledged Notes. Each Grantor Pledgor hereby authorizes the Collateral Administrative Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Pledged Notes listed on any Pledge Amendment delivered to the Collateral Administrative Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 5 contracts

Samples: Control Agreement (Department 56 Inc), Security Agreement (Bearingpoint Inc), Control Agreement (Lenox Group Inc)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a "Pledge Amendment"), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 4 contracts

Samples: Pledge and Security Agreement (PGT, Inc.), Pledge and Security Agreement (PGT, Inc.), Security Agreement (Ionics Inc)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Agent and forthwith by the applicable date specified in Section 6.12 of the Credit Agreement deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 annexed 2 hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 4 contracts

Samples: Credit Agreement (Davita Inc), Credit Agreement (Davita Inc), Credit Agreement (Davita Inc)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a "Pledge Amendment"), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 4 contracts

Samples: Security Agreement (Norcraft Companies Lp), Canadian Security Agreement (Norcraft Companies Lp), Security Agreement (Norcraft Companies Lp)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith promptly deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 and SECTION 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 3 contracts

Samples: Security Agreement (Five Below, Inc), Security Agreement (Abercrombie & Fitch Co /De/), Term Loan Security Agreement (Abercrombie & Fitch Co /De/)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Administrative Agent and forthwith deliver to the Collateral Administrative Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Administrative Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Administrative Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 3 contracts

Samples: Control Agreement (BRP (Luxembourg) 4 S.a.r.l.), Control Agreement (Bombardier Recreational Products Inc.), Control Agreement (BRP (Luxembourg) 4 S.a.r.l.)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities Interests or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 and SECTION 3.2 hereof in respect of the additional Pledged Securities Interests or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities Interests or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities Interests or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 3 contracts

Samples: Security Agreement (Kirkland's, Inc), Credit Agreement (Lumber Liquidators Holdings, Inc.), Security Agreement (Kirkland's, Inc)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent or its agent or bailee pursuant to the ABL Intercreditor Agreement, a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 3 contracts

Samples: Security Agreement (Safeway Stores 42, Inc.), Security Agreement (Albertsons Companies, Inc.), Security Agreement

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any certificated Pledged Securities (including without limitation by way of Distribution) or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 4.1 and SECTION 3.2 4.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Lands End Inc), Term Loan Guaranty and Security Agreement (Lands End Inc)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities Interests or Intercompany Notes constituting Collateral of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith promptly deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 4.1 and SECTION 3.2 4.2 hereof in respect of the additional Pledged Securities Interests or Intercompany Notes which are to be pledged and delivered pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities Interests or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities Interests or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 2 contracts

Samples: Guaranty and Security Agreement, Guaranty and Security Agreement (Sears Hometown & Outlet Stores, Inc.)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes intercompany notes of any Person required to be pledged hereunderperson (other than Excluded Property), accept the same in trust for the benefit of the Collateral Agent and forthwith promptly (and in any event within 3 Business Days thereafter) deliver to the Collateral Agent a pledge amendmentSecurities Pledge Amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”)Pledgor, and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which intercompany notes that are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notesintercompany notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Securities Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes intercompany notes listed on any Securities Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 2 contracts

Samples: Security Agreement (BioScrip, Inc.), Security Agreement (BioScrip, Inc.)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities Interests or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 3 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities Interests or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities Interests or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities Interests or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 2 contracts

Samples: Security Agreement (Barnes & Noble Education, Inc.), Credit Agreement (Barnes & Noble Education, Inc.)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 2 contracts

Samples: Credit Agreement (General Cable Corp /De/), Credit Agreement (General Cable Corp /De/)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged additional Securities or Intercompany Notes of any Person required to be pledged hereunderCollateral, accept the same in trust for the benefit of the Collateral Administrative Agent and forthwith deliver to the Collateral Administrative Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents to the extent required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany under Section 3.4(a) in respect of additional Pledged Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Pledged Notes. Each Grantor Pledgor hereby authorizes the Collateral Administrative Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Pledged Notes listed on any Pledge Amendment delivered to the Collateral Administrative Agent or the Revolving Credit Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 2 contracts

Samples: Security Agreement (Lenox Group Inc), Control Agreement (Department 56 Inc)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Administrative Agent and forthwith promptly, and in any event within 30 days thereafter, deliver to the Collateral Administrative Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Administrative Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Administrative Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Security Agreement (LL Services Inc.)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required (other than Excluded Assets and subject to be pledged hereunderthe last sentence of Section 3.1), accept the same in trust for the benefit of the Collateral Agent and forthwith promptly (and in any event within 30 days thereafter) deliver to the Collateral Agent a pledge amendmentSecurities Pledge Amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”)Pledgor, and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which that are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Securities Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Securities Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 1 contract

Samples: Security Agreement (GOOD TECHNOLOGY Corp)

Pledge of Additional Securities Collateral. Each Grantor Issuer shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorIssuer, in substantially the form of Exhibit 1 4 annexed hereto (each, a "Pledge Amendment"), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Issuer hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities Interests or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 1 contract

Samples: Security Agreement (Women First Healthcare Inc)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 and SECTION 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Security Agreement (Foot Locker Inc)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 and SECTION 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby and by the Financing Orders created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 1 contract

Samples: Security Agreement (Pacific Sunwear of California Inc)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith Term Loan Agent and promptly deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 and SECTION 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 1 contract

Samples: Security Agreement (FDO Holdings, Inc.)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderPerson, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a “Pledge Security Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Security Amendment to this Security Agreement and agrees that all Pledged Securities Interests or Intercompany Notes listed on any Pledge Security Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Inventory and Accounts Security Agreement (Transmontaigne Inc)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a “Pledge Amendment”a" PLEDGE AMENDMENT"), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Credit Agreement (SFBC International Inc)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith forthwith, subject to the Intercreditor Agreement, deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 and SECTION 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 1 contract

Samples: Term Loan Security Agreement (FDO Holdings, Inc.)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Security Agreement (SFBC International Inc)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Administrative Agent and forthwith deliver to the Collateral Administrative Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a "Pledge Amendment"), and the certificates and other documents required re quired under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Administrative Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Administrative Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Security Agreement (Quest Resource Corp)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 10.03 and SECTION 3.2 10.04 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 1 contract

Samples: Amended and Restated Security Agreement (Alco Stores Inc)

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Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent Lender and forthwith deliver to the Collateral Agent Lender a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 and SECTION 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes (if any) which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany NotesNotes (if any). Each Grantor hereby authorizes the Collateral Agent Lender to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes (if any) listed on any Pledge Amendment delivered to the Collateral Agent Lender shall for all purposes hereunder be considered Collateral.

Appears in 1 contract

Samples: Security Agreement (Christopher & Banks Corp)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Agent and forthwith promptly deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a "Pledge Amendment"), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Security Agreement (Atrium Companies Inc)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson (in each case, which constitute Collateral), accept the same in trust for the benefit of the Collateral Agent and forthwith promptly (but in any event within five days after receipt thereof) deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed Annex D hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 Sections 4(b) and SECTION 3.2 (c) hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent agrees to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 1 contract

Samples: Security Agreement (New Enterprise Stone & Lime Co., Inc.)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 and SECTION 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 1 contract

Samples: Security Agreement (Body Central Corp)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities Interests or Intercompany Notes constituting Collateral of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith promptly deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 4.1 and SECTION 3.2 4.2 hereof in respect of the additional Pledged Securities Interests or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities Interests or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities Interests or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Sears Hometown & Outlet Stores, Inc.)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon it or, in the case of clauses (ii) and (iii) of the definition of “Additional Pledge Shares,” any of its Affiliates, obtaining any Additional Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderShares, accept the same in trust for the benefit of the Collateral Agent Trustee and forthwith deliver to the Collateral Agent Trustee a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION 3.2 hereof in respect of the additional Additional Pledged Securities or Intercompany Notes Shares which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany NotesShares. Each Grantor Pledgor hereby authorizes the Collateral Agent Trustee to attach each Pledge Amendment to this Security Agreement and agrees that all Additional Pledged Securities or Intercompany Notes Shares listed on any Pledge Amendment delivered to the Collateral Agent Trustee shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Pledge Agreement (Alta One Inc.)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a “Pledge Amendment”"PLEDGE AMENDMENT"), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Credit Agreement (SFBC International Inc)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Security Agreement (Terremark Worldwide Inc)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities Interests or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith promptly deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION 3.1 and SECTION 3.2 hereof in respect of the additional Pledged Securities Interests or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities Interests or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities Interests or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 1 contract

Samples: Security Agreement (Hancock Fabrics Inc)

Pledge of Additional Securities Collateral. Each Grantor Pledgor ------------------------------------------ shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderPerson, accept the same in trust for the benefit of the Collateral Agent Trustee and forthwith deliver to the Collateral Agent Trustee a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a "Pledge Amendment"), --------- ---------------- and the certificates and other documents required under SECTION Section 3.1 and SECTION Section ----------- ------- 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which --- are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent Trustee to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities Interests or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent Trustee shall for all purposes hereunder be considered CollateralPledged Xxxxx xxxxx.

Appears in 1 contract

Samples: Security Agreement (Raceland Truck Plaza & Casino LLC)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Agent Trustee and forthwith deliver to the Collateral Agent Trustee a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a "Pledge Amendment"), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent Trustee to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent Trustee shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Pledge and Security Agreement (Builders FirstSource, Inc.)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Administrative Agent and forthwith deliver to the Collateral Administrative Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a "Pledge Amendment"), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment at tachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Administrative Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Administrative Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Security Agreement (Quest Resource Corp)

Pledge of Additional Securities Collateral. Each Grantor shall, upon obtaining any Pledged Securities Interests, Successor Interests or Intercompany Notes of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such Grantor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Sections 3.1 and SECTION 3.2 hereof in respect of the additional Pledged Securities Interests, Successor Interests or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities Interests, Successor Interests or Intercompany Notes. Each Grantor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities Interests, Successor Interests or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Collateral.

Appears in 1 contract

Samples: Credit Agreement (Supervalu Inc)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderconstituting Pledged Collateral, accept the same in trust for the benefit of the Collateral Agent and forthwith promptly deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a "Pledge Amendment"), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities Interests or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Security Agreement (Trump Indiana Inc)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Agent and forthwith deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 EXHIBIT 2 annexed hereto (each, a “Pledge Amendment”"PLEDGE AMENDMENT"), and the certificates and other documents required under SECTION 3.1 and SECTION 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Security Agreement (Ply Gem Industries Inc)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Agent and forthwith immediately deliver to the Collateral Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Security Agreement (Powerwave Technologies Inc)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining any Pledged Securities or Intercompany Notes of any Person required to be pledged hereunderperson, accept the same in trust for the benefit of the Collateral Agent Trustee and forthwith deliver to the Collateral Agent Trustee a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 2 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities or Intercompany Notes which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany Notes. Each Grantor Pledgor hereby authorizes the Collateral Agent Trustee to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Agent Trustee shall for all purposes hereunder be considered Pledged Collateral.

Appears in 1 contract

Samples: Security Agreement (Us Lec Corp)

Pledge of Additional Securities Collateral. Each Grantor Pledgor shall, upon obtaining as a precondition to any Pledged Securities Eligible Property in which it owns a direct or Intercompany Notes of any Person required to be pledged hereunder, accept indirect interest being included in the same in trust for the benefit calculation of the Collateral Agent Borrowing Base and forthwith treated as a Borrowing Base Property after the Effective Date, deliver to the Collateral Administrative Agent a pledge amendment, duly executed by such GrantorPledgor, in substantially the form of Exhibit 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under SECTION Section 3.1 and SECTION Section 3.2 hereof in respect of the additional Pledged Securities in each direct Subsidiary of Pledgor that directly or Intercompany Notes which are to be pledged pursuant to this Security Agreementindirectly owns or leases such Eligible Property, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities or Intercompany NotesSecurities. Each Grantor Pledgor hereby authorizes the Collateral Administrative Agent to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities or Intercompany Notes listed on any Pledge Amendment delivered to the Collateral Administrative Agent shall for all purposes hereunder be considered Collateral.

Appears in 1 contract

Samples: Credit Agreement (American Realty Capital Trust V, Inc.)

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