Common use of Pledged Note Clause in Contracts

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. Grantors, without the prior written consent of Administrative Collateral Agent, will not (i) except as otherwise permitted under Section 6.09(k) of the Credit Agreement, 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. Grantors, without the prior written consent of Administrative Collateral 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. 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.