PURPOSE OF THE PLEDGE. The Pledge hereunder is constituted in order to secure the prompt and complete satisfaction of any and all Obligations. The Pledge shall also cover any future extension of the Obligations and the Pledgor herewith expressly agrees that the provisions of Section 1210 para 1 sentence 2 of the German Civil Code (Bürgerliches Gesetzbuch) shall not apply to this Agreement.
Appears in 12 contracts
Samples: Share Pledge Agreement (Reynolds Group Holdings LTD), Account Pledge Agreement (RenPac Holdings Inc.), Account Pledge Agreement (RenPac Holdings Inc.)
PURPOSE OF THE PLEDGE. The Pledge Pledges hereunder is are constituted in order to secure the prompt and complete satisfaction of any and all Obligations. The Pledge Pledges shall also cover any future extension of the Obligations and the each Pledgor herewith expressly agrees that the provisions of Section 1210 para 1 sentence 2 of the German Civil Code (Bürgerliches Gesetzbuch) shall not apply to this Agreement.
Appears in 3 contracts
Samples: Non Notarial Share and Interest Pledge Agreement, Share Pledge Agreement (Reynolds Group Holdings LTD), Junior Share and Partnership Interest Pledge Agreement (Beverage Packaging Holdings (Luxembourg) v S.A.)
PURPOSE OF THE PLEDGE. The Pledge Pledges hereunder is are constituted in order to secure the prompt and complete satisfaction of any and all Obligations. The Pledge shall also cover any future extension of the Obligations and the Pledgor herewith expressly agrees that the provisions of Section 1210 para 1 sentence 2 of the German Civil Code (Bürgerliches Burgerliches Gesetzbuch) shall not apply to this Agreement.
Appears in 2 contracts
Samples: Share Pledge Agreement (Reynolds Group Holdings LTD), Share Pledge Agreement (Reynolds Group Holdings LTD)
PURPOSE OF THE PLEDGE. The Pledge Pledges hereunder is are constituted in order to secure the prompt and complete satisfaction of any and all Obligations. The Pledge Pledges shall also cover any future extension of the Obligations and the Pledgor herewith expressly agrees that the provisions of Section 1210 para 1 sentence 2 of the German Civil Code (Bürgerliches Gesetzbuch) shall not apply to this Agreement.
Appears in 2 contracts
Samples: Account Pledge Agreement (Beverage Packaging Holdings (Luxembourg) v S.A.), Account Pledge Agreement (RenPac Holdings Inc.)
PURPOSE OF THE PLEDGE. The Pledge pledges created hereunder is are constituted in order to secure (zur Besicherung) the prompt and complete satisfaction of any and all Secured Obligations. The Pledge pledges shall also cover any future extension of the Secured Obligations and the Pledgor herewith expressly agrees that the provisions of Section section 1210 para para. 1 sentence 2 of the German Civil Code (Bürgerliches Biirgerliches Gesetzbuch) shall not apply to this Agreement.
Appears in 1 contract
PURPOSE OF THE PLEDGE. The Pledge hereunder is constituted in order to secure the prompt and complete satisfaction of any and all Obligations. The Pledge shall also cover any future extension of the Obligations and the Pledgor herewith expressly agrees that the provisions of Section 1210 para 1 sentence 2 of the German Civil Code (Bürgerliches Biirgerliches Gesetzbuch) shall not apply to this Agreement.
Appears in 1 contract
Samples: Share Pledge Agreement (Reynolds Group Holdings LTD)
