Common use of SUPPLEMENTAL SUBSIDIARY GUARANTEE AND SECURITY AGREEMENT Clause in Contracts

SUPPLEMENTAL SUBSIDIARY GUARANTEE AND SECURITY AGREEMENT. A Supplemental Subsidiary Guarantee and Security Agreement, substantially in the form of Exhibit C hereto and duly executed by the relevant Supplemental Guarantor, pursuant to which such Supplemental Guarantor shall pledge all of its ownership interests (including, without limitation, warrants, options or other securities convertible into ownership interests) in its Subsidiaries and Affiliates, if any, to the Agent for the benefit of the Lenders, except as otherwise provided herein or therein. In addition, upon the request of the Agent, the Company shall have taken such other action (including, without limitation, delivering to the Agent, (i) Uniform Commercial Code searches for such Supplemental Guarantor for each jurisdiction in which such Supplemental Guarantor conducts its business or in which any of its Properties are located (or otherwise as the Agent may reasonably request) and (ii) for filing, appropriately completed and duly executed copies of Uniform Commercial Code financing statements), as the Agent shall have requested in order to perfect the security interest created pursuant to such Supplemental Subsidiary Guarantee and Security Agreement.

Appears in 1 contract

Samples: Credit Agreement (Suiza Foods Corp)

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SUPPLEMENTAL SUBSIDIARY GUARANTEE AND SECURITY AGREEMENT. A Supplemental Subsidiary Guarantee and Security Agreement, substantially in the form of Exhibit C B hereto and duly executed by the Agent and the relevant Supplemental Guarantor, pursuant to which such Supplemental Guarantor shall pledge create a first priority security interest in all of its ownership interests (including, without limitation, warrants, options or other securities convertible into ownership interests) personal Property in its Subsidiaries and Affiliates, if any, to favor of the Agent for the benefit of the Lenders and the Facility A Lenders and the Facility B Lenders, except as otherwise provided herein or therein. In addition, upon the request of the Agent, the Company shall have taken such other action (including, without limitation, delivering to the Agent, (i) Uniform Commercial Code searches for such Supplemental Guarantor for each jurisdiction in which such Supplemental Guarantor conducts its business or in which any of its Properties are located (or otherwise as the Agent may reasonably request) and (ii) for filing, appropriately completed and duly executed copies of Uniform Commercial Code financing statements), as the Agent shall have requested in order to perfect the security interest created pursuant to such Supplemental Subsidiary Guarantee and Security Agreement.

Appears in 1 contract

Samples: Credit Agreement (Suiza Foods Corp)

SUPPLEMENTAL SUBSIDIARY GUARANTEE AND SECURITY AGREEMENT. A Supplemental Subsidiary Guarantee and Security Agreement, substantially in the form of Exhibit C C-2 hereto and duly executed by the Agent and the relevant Supplemental Guarantor, pursuant to which such Supplemental Guarantor shall pledge create a first priority security interest in all of its ownership interests (including, without limitation, warrants, options or other securities convertible into ownership interests) personal Property in its Subsidiaries and Affiliates, if any, to favor of the Agent for the benefit of the Lenders and the Facility A Lenders and the Facility B Lenders, except as otherwise provided herein or therein. In addition, upon the request of the Agent, the Company shall have taken such other action (including, without limitation, delivering to the Agent, (i) Uniform Commercial Code searches for such Supplemental Guarantor for each jurisdiction in which such Supplemental Guarantor conducts its business or in which any of its Properties are located (or otherwise as the Agent may reasonably request) and (ii) for filing, appropriately completed and duly executed copies of Uniform Commercial Code financing statements), as the Agent shall have requested in order to perfect the security interest created pursuant to such Supplemental Subsidiary Guarantee and Security Agreement.

Appears in 1 contract

Samples: Execution Copy (Suiza Foods Corp)

SUPPLEMENTAL SUBSIDIARY GUARANTEE AND SECURITY AGREEMENT. A Supplemental Subsidiary Guarantee and Security Agreement, substantially in the form of Exhibit C B hereto and duly executed by the Agent and the relevant Supplemental Guarantor, pursuant to which such Supplemental Guarantor shall pledge create a first priority security interest in all of its ownership interests (including, without limitation, warrants, options or other securities convertible into ownership interests) personal Property in its Subsidiaries and Affiliates, if any, to favor of the Agent for the benefit of the Lenders and the Facility A Lenders and the Facility B Lenders, except as otherwise provided herein or therein. In addition, upon the request of the Agent, the Company shall have taken such other action (including, without limitation, delivering to the Agent, (i) Uniform Commercial Code searches for such Supplemental Guarantor for each jurisdiction in which such Supplemental Guarantor conducts its business or in which any of its Properties are located (or otherwise as the Agent may reasonably request) and (ii) for filing, appropriately completed and duly executed copies of Uniform Commercial Code financing statements), as the Agent shall have requested in order to perfect the security interest created pursuant to such Supplemental Subsidiary Guarantee and Security Agreement.

Appears in 1 contract

Samples: Execution Copy (Suiza Foods Corp)

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SUPPLEMENTAL SUBSIDIARY GUARANTEE AND SECURITY AGREEMENT. A Supplemental Subsidiary Guarantee and Security Agreement, substantially in the form of Exhibit C B hereto and duly executed by the Agent and the relevant Supplemental Guarantor, pursuant to which such Supplemental Guarantor shall pledge create a first priority security interest in all of its ownership interests (including, without limitation, warrants, options or other securities convertible into ownership interests) personal Property in its Subsidiaries and Affiliates, if any, to favor of the Agent for the benefit of the Lenders and the Facility A Lenders and the Facility B CREDIT AGREEMENT Lenders, except as otherwise provided herein or therein. In addition, upon the request of the Agent, the Company shall have taken such other action (including, without limitation, delivering to the Agent, (i) Uniform Commercial Code searches for such Supplemental Guarantor for each jurisdiction in which such Supplemental Guarantor conducts its business or in which any of its Properties are located (or otherwise as the Agent may reasonably request) and (ii) for filing, appropriately completed and duly executed copies of Uniform Commercial Code financing statements), as the Agent shall have requested in order to perfect the security interest created pursuant to such Supplemental Subsidiary Guarantee and Security Agreement.

Appears in 1 contract

Samples: Credit Agreement (Suiza Foods Corp)

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