PURPOSE OF THE PLEDGES. The Pledges hereunder are constituted in order to secure the prompt and complete satisfaction of any and all Obligations. The 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 110 contracts
Samples: Account Pledge Agreement, Account Pledge Agreement (Reynolds Group Holdings LTD), Account Pledge Agreement (Reynolds Group Holdings LTD)
PURPOSE OF THE PLEDGES. The Pledges Pledge hereunder are is constituted in order to secure the prompt and complete satisfaction of any and all Obligations. The Pledges 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 7 contracts
Samples: Share Pledge Agreement (RenPac Holdings Inc.), Share Pledge Agreement (RenPac Holdings Inc.), Share Pledge Agreement (RenPac Holdings Inc.)
PURPOSE OF THE PLEDGES. The Pledges hereunder are constituted in order to secure the prompt and complete satisfaction of any and all Obligations. The 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: Junior Share and Partnership Interest Pledge Agreement (RenPac Holdings Inc.), Junior Share and Partnership Interest Pledge Agreement (RenPac Holdings Inc.), Share Pledge Agreement (RenPac Holdings Inc.)
PURPOSE OF THE PLEDGES. The Pledges hereunder are constituted in order to secure the prompt and complete satisfaction of any and all Secured Obligations. The Pledges shall also cover any future extension of the Secured Obligations (including, for the avoidance of doubt, any Incremental Facilities) 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 3 contracts
Samples: Account Pledge Agreement, Account Pledge Agreement (Axalta Coating Systems Ltd.), Share Pledge Agreement (Axalta Coating Systems Ltd.)
PURPOSE OF THE PLEDGES. The Pledges hereunder are constituted in order to secure the prompt and complete satisfaction of any and all Secured Obligations. The Pledges shall also cover any future extension of the Secured Obligations (including, for the avoidance of doubt, any Incremental Facilities) 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 2 contracts
Samples: Partnership Interest Pledge Agreement (Axalta Coating Systems Ltd.), Partnership Interest Pledge Agreement (Axalta Coating Systems Ltd.)
PURPOSE OF THE PLEDGES. The Pledges hereunder are constituted in order to secure the prompt and complete satisfaction of any and all Obligations. The Pledges shall also cover any future extension of the Obligations and the Pledgor herewith expressly agrees that the 19245-3-4546-v4.0 - - 12 -- 70-40145101 provisions of Section 1210 para 1 sentence 2 of the German Civil Code (Bürgerliches Gesetzbuch) shall not apply to this Agreement.
Appears in 1 contract
Samples: Account Pledge Agreement (Reynolds Group Holdings LTD)
PURPOSE OF THE PLEDGES. (a) The Pledges hereunder are constituted in order to secure the prompt full and complete final satisfaction and discharge of any and all Obligations. Secured Claims.
(b) The Pledges shall also cover any future extension of the Obligations and the Pledgor herewith Parties hereby expressly agrees agree that the provisions of Section section 1210 para 1 sentence 2 of the German Civil Code (Bürgerliches Gesetzbuch) shall not apply to this AgreementAgreement and the Pledges.
Appears in 1 contract
Samples: Deposit Account Pledge Agreement
PURPOSE OF THE PLEDGES. (a) The Pledges hereunder are constituted in order to secure the prompt full and complete final satisfaction and discharge of any and all Secured Obligations. .
(b) The Pledges shall also cover any future extension of the Obligations and the Pledgor herewith Parties hereby expressly agrees agree that the provisions of Section section 1210 para 1 sentence 2 of the German Civil Code (Bürgerliches Gesetzbuch) shall not apply to this AgreementAgreement and the Pledges.
Appears in 1 contract
Samples: Deposit Account Pledge Agreement
PURPOSE OF THE PLEDGES. The Pledges hereunder are constituted in order to secure the prompt and complete satisfaction of any and all Secured Obligations. The Pledges shall also cover any future extension of the Secured 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 1 contract
