Pledged Note. Grantors, without the prior written consent of Administrative Agent, will not (i) waive or release the payment obligations on the maturity date of the Pledged Note of any Person obligated under the Pledged Note or (ii) release any material portion of the collateral securing the obligations under the Pledged Note.
Pledged Note. The Pledged Note owned by the Pledgor is not and will not be subject to any contractual restriction upon the transfer of such Pledged Note (except for any such restriction contained herein and in the documentation of, and purchase agreement for, the Notes constituting the Pledged Note). The Pledgor has the right and requisite authority to pledge, assign, transfer, deliver, deposit and set over the Pledged Note pledged by the Pledgor to the Sellers for the benefit of the Secured Parties as provided herein.
Pledged Note. The Agent shall have received (i) a Subsidiary Note made by Berg Xxxctronics, AB as collateral under the Borrower Note Pledge Agreement and (ii) a Supplement thereunder in form and substance reasonably satisfactory to the agent thereto.
Pledged Note. Grantors (i) without the prior written consent of Agent (not to be unreasonably withheld or delayed), will not (A) waive or release any payment obligation of any Person that is obligated under the Pledged Note, (B) take or omit to take any action or knowingly suffer or permit any action to be omitted or taken, the taking or omission of which would result in any right of offset against sums payable under the Pledged Note, or (C) other than Permitted Dispositions, assign or surrender their rights and interests under the Pledged Note, terminate or cancel (other than upon payment in full), modify, change, supplement or amend the Pledged Note, and (ii) shall provide to Agent copies of all material written notices (including notices of default) given or received with respect to the Pledged Note promptly after giving or receiving such notice.
Pledged Note. The Original Pledged Note is enforceable, in full force and effect and the Issuer has not breached any of its material obligations under the Original Pledged Note. The Company makes no representations or warranties in this Agreement, express or implied, other than the express foregoing representations and warranties of the Company made as of the Effective Date set forth in this Section 8.
Pledged Note. 1. Note in a stated face amount of EURO 77,000,000 made by Xxxxxxx-Xxxxx Holding Company B.V. in favor of BMC Industries, Inc.
Pledged Note. The Pledged Notes are in full force and effect and no default or event of default exists thereunder. The outstanding principal amount under the Banner Pledged Note as of the date hereof is $38,961,889.63. Except for the Banner Pledged Note, none of Banner or its Subsidiaries owes any intercompany receivable to any Group Company.
Pledged Note. The Pledged Note, accompanied by an instrument of assignment in favor of the Administrative Agent, shall have been delivered to the Administrative Agent to be held as part of the Collateral pursuant to the Pledge Agreement. All such other actions shall have been taken as may be necessary or, in the opinion of the Administrative Agent, desirable to perfect the security interest purported to be created by the Pledge Agreement in the Pledged Note and the security therefor, and the Administrative Agent shall have received (i) an original loan policy of title insurance (ALTA 1970 Form B) issued by a title insurance company satisfactory to the Administrative Agent, insuring that the mortgage securing the Pledged Note has been assigned to the Administrative Agent and creates the lien it purports to create, (ii) assignments of all notes or other securities securing the Pledged Note, and (iii) such other evidence as it may reasonably require to confirm that this condition has been satisfied.
Pledged Note. Grantors shall provide to the Notes Collateral Agent copies of all material written notices (including notices of default) given or received with respect to the Pledged Note promptly after giving or receiving such notice.
Pledged Note. The Borrower shall have delivered to the Agent a promissory note in the principal amount of $54,000,000 payable by FC Commercial to the order of the Borrower, duly endorsed in blank (the "FC Commercial (PFAL) Pledged Note"). All documents, agreements, instruments, certificates, financial statements, legal opinions, analyses, reports and other papers required to be delivered by this Section 6B shall be in form and substance satisfactory to the Agent and shall be delivered (with sufficient copies for each of the Lenders) to the Agent at its Closing Office or as the Agent may otherwise direct
