PLEDGE SUPPLEMENT. Within five (5) Business Days of the creation or acquisition of any new Pledged Interests, the Grantor shall execute a supplement to Exhibit A (a “Pledge Supplement”) and deliver such Pledge Supplement to the Secured Party. Any Pledged Collateral described in a Pledge Supplement delivered by the Grantor shall thereafter be deemed to be listed on Exhibit A hereto.
Appears in 4 contracts
Samples: Security Agreement (Workhorse Group Inc.), Security Agreement (Workhorse Group Inc.), Security Agreement (Workhorse Group Inc.)
PLEDGE SUPPLEMENT. Within five (5) Business Days of the creation or acquisition of any new Pledged Interests, the each Grantor shall execute a supplement to Exhibit A in the form of Annex II (a “Pledge Supplement”) and deliver such Pledge Supplement to the Secured Party. Any Pledged Collateral described in a Pledge Supplement delivered by the such Grantor shall thereafter be deemed to be listed on Exhibit A hereto.
Appears in 3 contracts
Samples: Security Agreement (Workhorse Group Inc.), Security Agreement (Velo3D, Inc.), Security Agreement (Velo3D, Inc.)