Common Contracts
2 similar Pledge Agreement contracts by Intercloud Systems, Inc.
PLEDGE AGREEMENTPledge Agreement • March 26th, 2013 • Intercloud Systems, Inc. • Services-business services, nec • New York
This Agreement is executed in connection with that certain Loan and Security Agreement of dated as of September 17, 2012 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”), by and among InterCloud Systems, Inc. f/k/a Genesis Group Holdings, Inc., a Delaware corporation, as borrower (the “Borrower”), Rives-Monteiro Leasing, LLC, an Alabama limited liability company and Tropical Communications, Inc., a Florida corporation, each as a guarantor, each other Person joined thereto as a guarantor, including Pledgor, the various financial institutions named therein or which hereafter become a party thereto as lenders (collectively, the “Lenders” and each individually a “Lender”) and Secured Party, as Agent to the Lenders. Pledgor has agreed to execute and deliver this Agreement to Secured Party, in its capacity as Secured Party, to provide additional security for the Obligations as defined and described in the Loan Agreement and th
PLEDGE AGREEMENTPledge Agreement • March 26th, 2013 • Intercloud Systems, Inc. • Services-business services, nec • New York
This Agreement is executed in connection with that certain Loan and Security Agreement of dated as of September 17, 2012 (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “Loan Agreement”), by and among Pledgor, as borrower, Rives-Monteiro Leasing, LLC, an Alabama limited liability company and Tropical Communications, Inc., a Florida corporation, each as a guarantor, each other Person joined thereto as a guarantor, the various financial institutions named therein or which hereafter become a party thereto as lenders (collectively, the “Lenders” and each individually a “Lender”) and Secured Party, as Agent to the Lenders. Pledgor has agreed to execute and deliver this Agreement to Secured Party, in its capacity as Secured Party, to provide additional security for the Obligations as defined and described in the Loan Agreement and owing from time to time to Secured Party, Issuer (as defined below), the Lenders and the other persons holding any
