RECITALS:Sponsor Pledge and Security Agreement • December 8th, 2000 • Magnum Technology Fund LTD • Radio & tv broadcasting & communications equipment • New York
ContractSponsor Pledge and Security Agreement • May 5th, 2020 • New York
<DOCUMENT> <TYPE>EX-1 <SEQUENCE>2 <FILENAME>0002.txt <DESCRIPTION>FORM OF SPONSOR PLEDGE AND SECURITY AGREEMENT <TEXT> SPONSOR PLEDGE AND SECURITY AGREEMENT This SPONSOR PLEDGE AND SECURITY AGREEMENT, dated as of October 31, 2000 (as amended, supplemented, restated or otherwise modified, this "AGREEMENT"), between MAGNUM TELECOM LIMITED, a British Virgin Islands company (the "GRANTOR") in favor of THE CHASE MANHATTAN BANK, as Collateral Agent (the "COLLATERAL AGENT") under the Collateral Agency and Intercreditor Agreement (as defined below)forthe benefit of the Secured Parties thereunder. RECITALS: WHEREAS, reference is made to (i) that certain Common Terms Agreement, dated as of October 31, 2000 (as amended, modified and supplemented from time to time, the "COMMON TERMS AGREEMENT"), by and among Global Village Telecom Ltda. ("GVT"), GVT Holding Ltda. ("GVT (BRAZIL)"), Global Village Telecom (Holland) B.V. ("GVT (HOLLAND)"), GVT (Holding) N. V. ("GVT (ANTILLES)"), Nortel Networks Limit
