Examples of Borrower Pledge and Security Agreement in a sentence
The Borrower shall notify the Administrative Agent of any name change of any of the Borrower’s Subsidiaries in accordance with the Borrower Pledge and Security Agreement.
Company is a party to the Borrower Pledge and Security Agreement and the Borrower Mortgage, in each case as amended through the date hereof, pursuant to which Company has created Liens in favor of Agent on certain Collateral to secure the Obligations.
The Borrower shall use its best efforts to obtain duly -------- executed consents, in form and substance satisfactory to the Administrative Agent, to the grant of a security interest by the Borrower pursuant to the Borrower Pledge and Security Agreement in each contract listed on Annex D thereto for which a consent has not previously been furnished as required by the terms of such contract.
Upon the funding of any Put/Call Advance, the Borrower shall provide the Agent with an amendment to the Borrower Pledge and Security Agreement to add such portion of the additional PWF Common Stock acquired with the proceeds of such Put/Call Advance, as well as deliver to the Agent the stock certificate representing such additional PWF Common Stock together with a duly executed stock power in blank.
For deceased selectees, every effort will be made for a designated representative to stand-in for the deceased honoree.