Security Documents; etc. (a) On the Initial Borrowing Date, each Credit Party shall have duly authorized, executed and delivered a Pledge Agreement in the form of Exhibit H (as amended, modified, restated and/or supplemented from time to time in accordance with the terms thereof and hereof, the “Pledge Agreement”) and shall have delivered to the Collateral Agent, as pledgee thereunder, all of the certificated Pledge Agreement Collateral referred to therein then owned by such Credit Party and required to be pledged pursuant to the terms thereof, (x) endorsed in blank in the case of promissory notes or (y) accompanied by executed and undated transfer powers in the case of certificated Equity Interests, along with evidence that all other actions necessary or, in the reasonable opinion of the Collateral Agent, desirable, to perfect the security interests purported to be created by the Pledge Agreement have been taken, and the Pledge Agreement shall be in full force and effect.
Security Documents; etc. Each Lender and each L/C Issuer hereby consents to the automatic release and hereby directs the Administrative Agent to release (or, in the case of clause B(ii) below, release or subordinate) the following:
Security Documents; etc. The Security Documents shall have been duly authorized, executed and delivered by the Company, its Subsidiaries that are each a party thereto and the other parties thereto, and such Purchaser shall have received true, correct and complete copies of each thereof.
Security Documents; etc. Each of the Security Documents shall (i) on the date of Closing be in form and substance satisfactory to the Purchasers, (ii) have been duly executed and delivered by each party thereto, (iii) be in full force and effect and all conditions precedent referred to therein and herein shall have been satisfied and (iv) have been filed or registered or published in all jurisdictions necessary to perfect the lien thereof. Global Water Resources, Inc. Note Purchase Agreement
Security Documents; etc. Any event of default described in any Security Document shall have occurred and be continuing (after giving effect to any applicable grace period), or any material provision of any Security Document shall at any time for any reason cease to be valid and binding and enforceable against any obligor thereunder, or the validity, binding effect or enforceability thereof shall be contested by any person, or any obligor shall deny that it has any or further liability or obligation thereunder, or any Security Document shall be terminated, invalidated or set aside, or be declared ineffective or inoperative or in any way cease to give or provide to the Bank the benefits purported to be created thereby, or the Bank in good faith deems itself insecure; or
Security Documents; etc. Each Lender hereby authorizes the Collateral Agent to enter into each of the Security Documents and to take all action contemplated thereby. Each Lender and the Dutch Borrower agrees that each such person shall not have any right individually to realize upon the security granted by any Security Document, it being understood and agreed that such rights and remedies may be exercised by the Collateral Agent for the benefit of Lenders and the other beneficiaries thereof upon the terms thereof. The Collateral Agent may assign its rights and obligations as Collateral Agent under any of the Security Documents to any direct or indirect Subsidiary of the Collateral Agent or to any trustee, which assignee, in each such case, shall be entitled to all the rights of the Collateral Agent under the applicable Security Document and all rights hereunder of the Collateral Agent with respect to the applicable Security Document. In addition, the Lenders and the Dutch Borrower authorize the Administrative Agent and the Collateral Agent to appoint one or more trustees who shall hold, independently and separately, the benefit of the Obligations hereunder and the Collateral therefor under any of the Security Documents relating to the pledge of Securities of the Dutch Borrower and its Subsidiaries and/or Security Documents executed by the U.K. Borrower or any of its Subsidiaries, which appointment shall in no way affect the Obligations of the Borrowers to the Lenders and the Administrative Agent hereunder and under the other Credit Documents but the trustee thereof shall be entitled to all the rights hereunder of the Collateral Agent with respect to the applicable Security Document as if it had been a party hereto as Collateral Agent in respect thereof.
Security Documents; etc. (a) On the Second Restatement Effective Date, each of the Credit Parties shall have duly authorized, executed and delivered an Amended and Restated Pledge Agreement in the form of Exhibit G (as so amended and restated and as the same may be further amended, amended and restated, modified and/or supplemented from time to time in accordance with the terms thereof and hereof, the "Pledge Agreement") and shall have delivered to the Collateral Agent, as pledgee thereunder, all of the Pledged Securities referred to therein then owned by such Credit Parties and required to be pledged pursuant to the terms thereof, endorsed in blank in the case of promissory notes or accompanied by executed and undated stock powers in the case of capital stock, along with evidence that all other actions necessary or, in the reasonable opinion of the Collateral Agent, desirable, to perfect the security interests purported to be created by the Pledge Agreement have been taken, and the Pledge Agreement shall be in full force and effect.
Security Documents; etc. The respective appropriate Obligors and the Collateral Agent shall have duly entered into (i) an amendment to the Guaranty Agreements, in a form satisfactory to the Purchasers, confirming that the Guarantors will be liable for the Obligations as increased by the Notes being issued and sold at the Series D Deferred Closing, and (ii) amendments to the Mortgages (Noteholders) with respect to real estate interests and to each other Security Document effective to reflect the issuance of, and extend the Lien of the Security Documents to secure, the Notes to be issued and sold at the Series D Deferred Closing. Each such Mortgage (Noteholders), each such amendment and all financing statements and/or instruments shall have been executed and delivered for recording or filing in public offices as may be necessary or desirable in order to perfect the Liens granted or extended thereby as against creditors of and purchasers from the Obligors. The Purchasers shall have received such evidence as they may reasonably request as to the absence of any intervening Liens since the Closing Date that would affect the priority of the Lien of the Security Documents theretofore delivered, as such Security Documents are amended by the amendments referred to in the preceding sentence.
Security Documents; etc. 45 5.11 Subsidiaries Guaranty; Intercompany Subordination Agreement.........47 5.12
Security Documents; etc. (a) On the Restatement Effective Date, each Credit Party shall have duly authorized, executed and delivered a Pledge Agreement in the form of Exhibit G (as amended, modified or supplemented from time to time in accordance with the terms thereof and hereof, the "Pledge Agreement") and shall have delivered to the Collateral Agent, as pledgee thereunder, all of the Pledged Securities referred to therein, endorsed in blank in the case of promissory notes or accompanied by executed and undated stock powers in the case of capital stock, along with evidence that all other actions necessary or, in the reasonable opinion of the Collateral Agent, desirable, to perfect the security interests purported to be created by the Pledge Agreement have been taken and the Pledge Agreement shall be in full force and effect, including, in the case of the US Borrower, execution and delivery of documentation necessary to give legal effect to the pledge of the stock of the French Borrower for purposes of French law (the "French Pledge Agreement"), which French Pledge Agreement shall be in form and substance satisfactory to the Collateral Agent.
