Common use of Rights of Required Lenders Clause in Contracts

Rights of Required Lenders. All rights of the Administrative Agent -------------------------- hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders under each of the Revolving Credit Agreement and the Term Loan Agreement. CHAR1\529364_ 6 Each of the parties hereto has caused a counterpart of this Security Agreement to be duly executed and delivered as of the date first above written. BORROWER: POLICY MANAGEMENT SYSTEMS CORPORATION, -------- a South Carolina corporation By: /S -- Name: Sxxxxxx X. Xxxxxxxx --------------------- Title: Executive Vice President and General Counsel -------------------------------------------- SUBSIDIARY ---------- GUARANTORS: MYND CORPORATION ---------- f/k/a The Leverage Group, Inc., a Connecticut corporation MYND INTERNATIONAL, LTD., a Delaware corporation MYND CORPORATION f/k/a DXXX Technology Group, Inc., a Michigan corporation MYND CORPORATION f/k/a CYBERTEK Corporation, a Texas corporation MYND PARTNERS, L.P., f/k/a Cybertek Solutions, L.P., a Texas limited partnership By: /S/ --- Name: Sxxxxxx X. Xxxxxxxx --------------------- Title: Secretary --------- of each of the foregoing Subsidiary Guarantors POLICY MANAGEMENT SYSTEMS INVESTMENTS, INC., A Delaware corporation By: /S/ --- Name: Exxxxxxxx Xxxxxx ----------------- Title: President --------- Accepted and agreed to as of the date first above written. BANK OF AMERICA, N.A., as Administrative Agent By: /S/ --- Name: Mxxxxxx X. XxXxxxxx --------------------- Title:_________________________

Appears in 1 contract

Samples: Security Agreement (Policy Management Systems Corp)

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Rights of Required Lenders. All rights of the Administrative Agent -------------------------- hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders under each of the Revolving Credit Agreement and the Term Loan AgreementLenders. CHAR1\529364_ 6 Each of the parties hereto has caused a counterpart of this Security Agreement to be duly executed and delivered as of the date first above written. BORROWERCOMPANY: POLICY MANAGEMENT SYSTEMS CORPORATIONLIONBRIDGE TECHNOLOGIES, -------- a South Carolina corporation By: /S -- Name: Sxxxxxx X. Xxxxxxxx --------------------- Title: Executive Vice President and General Counsel -------------------------------------------- SUBSIDIARY ---------- GUARANTORS: MYND CORPORATION ---------- f/k/a The Leverage Group, Inc., a Connecticut corporation MYND INTERNATIONAL, LTDINC., a Delaware corporation MYND CORPORATION f/k/a DXXX Technology Group, Inc., a Michigan corporation MYND CORPORATION f/k/a CYBERTEK Corporation, a Texas corporation MYND PARTNERS, L.P., f/k/a Cybertek Solutions, L.P., a Texas limited partnership By: /S/ --- /s/ Xxxxxxx X. Xxxxxxxx Name: Sxxxxxx Title: Xxxxxxx X. Xxxxxxxx --------------------- TitleSenior Vice President US GUARANTORS: Secretary --------- of each of the foregoing Subsidiary Guarantors POLICY MANAGEMENT SYSTEMS INVESTMENTSVERITEST, INC., A a Delaware corporation By: /S/ --- /s/ Xxxxxxx X. Xxxxxxxx Name: Exxxxxxxx Xxxxxx ----------------- Title: Xxxxxxx X. Xxxxxxxx Vice President --------- LIONBRIDGE US, INC., a Delaware corporation By: /s/ Xxxxxxx X. Xxxxxxxx Name: Title: Xxxxxxx X. Xxxxxxxx Vice President LIONBRIDGE GLOBAL SOLUTIONS FEDERAL, INC., a Delaware corporation By: /s/ Xxxxxxxx X Xxxxxx Name: Title: Xxxxxxxx X Xxxxxx Secretary LIONBRIDGE GLOBAL SOLUTIONS II, INC., a New York corporation By: /s/ Xxxxxxx X. Xxxxxxxx Name: Title: Xxxxxxx X. Xxxxxxxx Vice President Accepted and agreed to as of the date first above written. HSBC BANK OF AMERICAUSA, N.A.NATIONAL ASSOCIATION, as Administrative Agent By: /S/ --- /s/ Xxxxxxx X. XxXxxxxx Name: Mxxxxxx Title: Xxxxxxx X. XxXxxxxx --------------------- Title:_________________________Senior Vice President, Commercial Executive

Appears in 1 contract

Samples: Security Agreement (Lionbridge Technologies Inc /De/)

Rights of Required Lenders. All rights of the Administrative Agent -------------------------- hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders under each of the Revolving Credit Agreement and the Term Loan AgreementLenders. CHAR1\529364_ 6 Each of the parties hereto has caused a counterpart of this Security Agreement to be duly executed and delivered as of the date first above written. BORROWER: POLICY MANAGEMENT SYSTEMS CORPORATION, -------- a South Carolina corporation CAPITALSOURCE INC. By: /S -- /S/ XXXXXXX X. XXXXXX Name: Sxxxxxx Xxxxxxx X. Xxxxxxxx --------------------- Xxxxxx Title: Executive Vice President and General Counsel -------------------------------------------- SUBSIDIARY ---------- GUARANTORS: MYND CORPORATION ---------- f/k/a The Leverage Group, Inc., a Connecticut corporation MYND INTERNATIONAL, LTD., a Delaware corporation MYND CORPORATION f/k/a DXXX Technology Group, Inc., a Michigan corporation MYND CORPORATION f/k/a CYBERTEK Corporation, a Texas corporation MYND PARTNERS, L.P., f/k/a Cybertek Solutions, L.P., a Texas limited partnership Treasurer CAPITALSOURCE TRS INC. By: /S/ --- XXXXXXX X. XXXXXX Name: Sxxxxxx Xxxxxxx X. Xxxxxxxx --------------------- Xxxxxx Title: Secretary --------- of each of the foregoing Subsidiary Guarantors POLICY MANAGEMENT SYSTEMS INVESTMENTS, INC., A Delaware corporation Vice President and Treasurer CAPITALSOURCE FINANCE LLC By: /S/ --- XXXXXXX X. XXXXXX Name: Exxxxxxxx Xxxxxxx X. Xxxxxx ----------------- Title: Vice President --------- and Treasurer CSE MORTGAGE LLC By: /S/ XXXXXXX X. XXXXXX Name: Xxxxxxx X. Xxxxxx Title: Vice President and Treasurer CAPITALSOURCE CF LLC By: /S/ XXXXXXX X. XXXXXX Name: Xxxxxxx X. Xxxxxx Title: Vice President and Treasurer CAPITALSOURCE SF TRS INC. By: /S/ XXXXXXX X. XXXXXX Name: Xxxxxxx X. Xxxxxx Title: Vice President and Treasurer CAPITALSOURCE FINANCE II LLC By: /S/ XXXXXXX X. XXXXXX Name: Xxxxxxx X. Xxxxxx Title: Vice President and Treasurer CAPITALSOURCE INTERNATIONAL INC. By: /S/ XXXXXXX X. XXXXXX Name: Xxxxxxx X. Xxxxxx Title: Vice President and Treasurer Accepted and agreed to as of the date first above written. BANK OF AMERICAWACHOVIA BANK, N.A.NATIONAL ASSOCIATION, as Administrative Agent By: /S/ --- XXX XXXX Name: Mxxxxxx X. XxXxxxxx --------------------- Xxx Xxxx Title:_________________________: Managing Director

Appears in 1 contract

Samples: Security Agreement (Capitalsource Inc)

Rights of Required Lenders. All rights of the Administrative Agent -------------------------- hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders under each of the Revolving Credit Agreement and the Term Loan AgreementLenders. CHAR1\529364_ 6 Each of the parties hereto has caused a counterpart of this Security Agreement to be duly executed and delivered as of the date first above written. BORROWERCOMPANY: POLICY MANAGEMENT SYSTEMS CORPORATIONLIONBRIDGE TECHNOLOGIES, -------- INC., a South Carolina Delaware corporation By: /S -- /s/ Xxxxxxx X. Xxxxxxxx Name: Sxxxxxx Xxxxxxx X. Xxxxxxxx --------------------- Title: Executive Vice President and General Counsel -------------------------------------------- SUBSIDIARY ---------- US GUARANTORS: MYND CORPORATION ---------- VERITEST, INC., a Delaware corporation By: /s/ Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxxx Title: Vice President LIONBRIDGE US, INC., a Delaware corporation By: /s/ Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxxx Title: Vice President MENTORIX TECHNOLOGIES INC., a California corporation By: /s/ Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxxx Title: Vice President LIONBRIDGE GLOBAL SOLUTIONS COMPANIES, INC. f/k/a The Leverage GroupBGS COMPANIES, Inc., a Connecticut corporation MYND INTERNATIONAL, LTDINC., a Delaware corporation MYND CORPORATION By: /s/ Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxxx Title: Vice President LIONBRIDGE GLOBAL SOLUTIONS FEDERAL, INC. f/k/a DXXX Technology GroupXXXXX GLOBAL SOLUTIONS FEDERAL, Inc.INC., a Michigan Delaware corporation MYND CORPORATION By: /s/ Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxxx Title: Vice President LIONBRIDGE GLOBAL SOLUTIONS II, INC. f/k/a CYBERTEK Corporation, a Texas corporation MYND PARTNERS, L.P., f/k/a Cybertek Solutions, L.P., a Texas limited partnership By: /S/ --- Name: Sxxxxxx X. Xxxxxxxx --------------------- Title: Secretary --------- of each of the foregoing Subsidiary Guarantors POLICY MANAGEMENT SYSTEMS INVESTMENTSXXXXX GLOBAL SOLUTIONS II, INC., A Delaware a New York corporation By: /S/ --- /s/ Xxxxxxx X. Xxxxxxxx Name: Exxxxxxxx Xxxxxx ----------------- Xxxxxxx X. Xxxxxxxx Title: Vice President --------- Accepted and agreed to as of the date first above written. BANK OF AMERICAWACHOVIA BANK, N.A.NATIONAL ASSOCIATION, as Administrative Agent By: /S/ --- /s/ Xxxxx X. Xxxxx Name: Mxxxxxx Xxxxx X. XxXxxxxx --------------------- Xxxxx Title:_________________________: Vice President

Appears in 1 contract

Samples: Security Agreement (Lionbridge Technologies Inc /De/)

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Rights of Required Lenders. All rights of the Administrative Agent -------------------------- hereunder, if not exercised by the Administrative Agent, may be exercised by the Required Lenders under each of the Revolving Credit Agreement and the Term Loan AgreementLenders. CHAR1\529364_ 6 Each of the parties hereto has caused a counterpart of this Security Pledge Agreement to be duly executed and delivered as of the date first above written. BORROWERCOMPANY: POLICY MANAGEMENT SYSTEMS CORPORATIONLIONBRIDGE TECHNOLOGIES, -------- INC., a South Carolina Delaware corporation By: /S -- /s/ Xxxxxxx X. Xxxxxxxx Name: Sxxxxxx Xxxxxxx X. Xxxxxxxx --------------------- Title: Executive Vice President and General Counsel -------------------------------------------- SUBSIDIARY ---------- US GUARANTORS: MYND CORPORATION ---------- VERITEST, INC., a Delaware corporation By: /s/ Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxxx Title: Vice President LIONBRIDGE US, INC., a Delaware corporation By: /s/ Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxxx Title: Vice President MENTORIX TECHNOLOGIES INC., a California corporation By: /s/ Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxxx Title: Vice President LIONBRIDGE GLOBAL SOLUTIONS COMPANIES, INC. f/k/a The Leverage GroupBGS COMPANIES, Inc., a Connecticut corporation MYND INTERNATIONAL, LTDINC., a Delaware corporation MYND CORPORATION By: /s/ Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxxx Title: Vice President LIONBRIDGE GLOBAL SOLUTIONS FEDERAL, INC. f/k/a DXXX Technology GroupXXXXX GLOBAL SOLUTIONS FEDERAL, Inc.INC., a Michigan Delaware corporation MYND CORPORATION By: /s/ Xxxxxxx X. Xxxxxxxx Name: Xxxxxxx X. Xxxxxxxx Title: Vice President LIONBRIDGE GLOBAL SOLUTIONS II, INC. f/k/a CYBERTEK Corporation, a Texas corporation MYND PARTNERS, L.P., f/k/a Cybertek Solutions, L.P., a Texas limited partnership By: /S/ --- Name: Sxxxxxx X. Xxxxxxxx --------------------- Title: Secretary --------- of each of the foregoing Subsidiary Guarantors POLICY MANAGEMENT SYSTEMS INVESTMENTSXXXXX GLOBAL SOLUTIONS II, INC., A Delaware a New York corporation By: /S/ --- /s/ Xxxxxxx X. Xxxxxxxx Name: Exxxxxxxx Xxxxxx ----------------- Xxxxxxx X. Xxxxxxxx Title: Vice President --------- Accepted and agreed to as of the date first above written. BANK OF AMERICAWACHOVIA BANK, N.A.NATIONAL ASSOCIATION, as Administrative Agent By: /S/ --- /s/ Xxxxx X. Xxxxx Name: Mxxxxxx Xxxxx X. XxXxxxxx --------------------- Title:_________________________Xxxxx

Appears in 1 contract

Samples: Pledge Agreement (Lionbridge Technologies Inc /De/)

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