Pledged Intercompany Notes. With respect to the creation or acquisition by a Loan Party of a Pledged Intercompany Note, the appropriate Loan Party shall pledge to the Administrative Agent, as security for the Obligations, such Pledged Intercompany Note. Such Loan Party shall promptly deliver to the Administrative Agent such Pledged Intercompany Note and an accompanying allonge.
Pledged Intercompany Notes. All Pledged Intercompany Notes from CBII to the Company existing on or after the Effective Date with respect to which a security interest or Lien may be perfected by the Collateral Agent’s taking possession thereof are set forth on Schedule 3.05. All action necessary to protect and perfect such security interest or Lien in each item set forth on Schedule 3.05, including the delivery of all original Pledged Intercompany Notes to the Collateral Agent, has been duly taken. The security interest and Lien of the Collateral Agent in the Pledged Intercompany Notes is taken free from adverse claims upon the Collateral Agent taking possession thereof in good faith and without any notice of any adverse claims and is prior in right and interest to, and free from adverse claims of, all other security interests or Liens, except to the extent Permitted Liens have priority as expressly permitted under the Credit Agreement, and is enforceable as such against creditors of and purchasers from the Company.
Pledged Intercompany Notes. If any amount payable under or in connection with any of the Collateral shall be or become evidenced by any Pledged Intercompany Note from CBII to the Company, immediately deliver such Pledged Intercompany Note to the Collateral Agent, for the benefit of itself and the other Secured Parties, duly indorsed in a manner satisfactory to the Collateral Agent, to be held as Collateral pursuant to this Security Agreement (and Schedule 3.05 shall be deemed updated to reflect any additional Pledged Intercompany Notes).
Pledged Intercompany Notes. No later than the 30th day following the Closing Date (or such later date as may be agreed to by the Administrative Agent in its sole discretion), the Borrowers shall provide to the Administrative Agent fully executed originals of each promissory note (or replacement notes thereof) pledged and required to be delivered to the Collateral Agent pursuant to Section 4.4 of the Pledge and Security Agreement endorsed (without recourse) in blank (or accompanied by an executed transfer form in blank) by the pledgor thereof.
Pledged Intercompany Notes. With respect to the creation or acquisition by an Obligor of a Pledged Intercompany Note, the appropriate Obligor shall pledge to Collateral Agent, as security for the Obligations, such Pledged Intercompany Note. Such Obligor shall deliver to Collateral Agent such Pledged Intercompany Note and an accompanying allonge.
Pledged Intercompany Notes. With respect to the creation or acquisition by a Credit Party of a Pledged Intercompany Note, the appropriate Credit Party shall pledge to Collateral Agent, as security for the Secured Obligations, such Pledged Intercompany Note. Administrative Borrower shall deliver to Collateral Agent such Pledged Intercompany Note and an accompanying allonge.
Pledged Intercompany Notes. No later than 15 days after the Closing Date (as such time period may be extended by the Administrative Agent), the Borrower shall deliver to the Administrative Agent original Pledged Intercompany Notes evidencing all intercompany Indebtedness owing to the Borrower or any Guarantor as of the Closing Date together with an endorsement thereto in form and substance reasonably satisfactory to the Administrative Agent.
Pledged Intercompany Notes. Delivery to Agent of pledged intercompany notes from or for the benefit of GSFR. -------------------------- Stock Certificate. Delivery to Agent of the stock certificate(s) of GSFR.
Pledged Intercompany Notes. Subject to the terms of the Intercreditor Agreement, with respect to the creation or acquisition by a Credit Party of a Pledged Intercompany Note, the appropriate Credit Party shall pledge to the Administrative Agent or the Foreign Collateral Agent, as applicable, as security for the Obligations, such Pledged Intercompany Note. Such Credit Party shall promptly deliver to the Administrative Agent or the Foreign Collateral Agent, as applicable, such Pledged Intercompany Note and an accompanying allonge.
Pledged Intercompany Notes
