Common use of Continuing Agreement Clause in Contracts

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Obligations (other than contingent indemnity obligations that survive termination of the Credit Documents pursuant to the stated terms thereof) remain outstanding, any Credit Document or Secured Hedging Agreement is in effect, and until all of the Commitments shall have been terminated. Upon such payment and termination, this Pledge Agreement shall be automatically terminated and the Administrative Agent and the Lenders shall, upon the request and at the expense of the Pledgors, forthwith release all of the Liens and security interests granted hereunder and shall deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 8 contracts

Samples: Agency Succession and Amendment Agreement (GateHouse Media, Inc.), Credit Agreement (Nci Building Systems Inc), Pledge Agreement (Mortons Restaurant Group Inc)

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Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Obligations remain outstanding (other than any such obligations which by the terms thereof are stated to survive termination of the Loan Documents and any contingent indemnity obligations that survive termination of the Credit Documents pursuant to the stated terms thereofare not yet due and payable) remain outstanding, any Credit Document or Secured Hedging Agreement is in effect, and until all of the Commitments shall commitments relating thereto have been terminated. Upon such payment and termination, this Pledge Agreement shall be automatically terminated and the Administrative Agent and the Lenders holders of the Secured Obligations shall, upon the request and at the expense of the Pledgors, (i) return all certificates representing the Pledged Capital Stock, all other certificates and instruments constituting Pledged Collateral and all instruments of transfer or assignment which have been delivered to the Administrative Agent pursuant to this Pledge Agreement and (ii) forthwith release all of the Liens its liens and security interests granted hereunder and shall execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 8 contracts

Samples: Pledge Agreement (Ryman Hospitality Properties, Inc.), Security Agreement (Ryman Hospitality Properties, Inc.), Security Agreement (Ryman Hospitality Properties, Inc.)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any the Note remains outstanding. Upon full payment of the Secured Obligations (other than contingent indemnity obligations that survive termination of the Credit Documents pursuant to the stated terms thereof) remain outstanding, any Credit Document or Secured Hedging Agreement is in effect, and until all of the Commitments shall have been terminated. Upon such payment and terminationNote, this Pledge Agreement shall be automatically terminated and the Administrative Agent and the Lenders Pledgee shall, upon the request and at the expense of the PledgorsPledgor, forthwith release all of the Liens its liens and security interests granted hereunder and shall execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors Pledgor evidencing such termination. Upon full satisfaction of the secured Note and notice of such satisfaction from the Pledgee, Agent shall promptly assign and deliver to the Pledgor, or to such person or persons as the Pledgor shall designate, all of the Pledged Collateral still held hereunder, accompanied by appropriate instruments of reassignment. Any such reassignment shall be without recourse to or warranty by the Pledgee. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 5 contracts

Samples: Pledge Agreement (Pf Management Inc), Pledge Agreement (Pf Management Inc), Pledge Agreement (Pf Management Inc)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any until the termination of the Secured Aggregate Commitments and payment in full of all Obligations (other than (A) contingent indemnity indemnification obligations that survive not then due and payable and (B) obligations and liabilities under Swap Contracts and Treasury Management Agreements not then due and payable) and the expiration or termination of the all Letters of Credit Documents pursuant to the stated terms thereof) (or if any Letters of Credit shall remain outstanding, any Credit Document or Secured Hedging Agreement is in effect, and until all upon the (x) the cash collateralization of the Commitments shall have been terminatedOutstanding Amount of Letters of Credit on terms satisfactory to the Administrative Agent and the applicable L/C Issuer (if other than the Administrative Agent) or (y) the receipt by the applicable L/C Issuer of a backstop letter of credit on terms satisfactory to the Administrative Agent and such L/C Issuer (if other than the Administrative Agent)). Upon such payment and terminationtermination and termination (or other satisfaction) of all Letters of Credit, this Pledge Agreement shall be automatically terminated and the Administrative Collateral Agent and the Lenders shall, upon the request and at the expense of the Pledgors, forthwith release all of the Liens its liens and security interests granted hereunder, return to the Pledgors all Certificates and other instruments delivered to the Collateral Agent hereunder and shall execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 3 contracts

Samples: Credit Agreement (HSN, Inc.), Pledge Agreement (HSN, Inc.), Pledge Agreement (HSN, Inc.)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Pledgor Obligations (other than contingent indemnity obligations that survive termination remain outstanding or any Financing Document or Hedging Agreement between any Pledgor and any Lender, or any Affiliate of the a Lender, is in effect or any Letter of Credit Documents pursuant to the stated terms thereof) shall remain outstanding, any Credit Document or Secured Hedging Agreement is in effect, and until all of the Commitments thereunder shall have been terminatedterminated (other than any obligations with respect to the indemnities and the representations and warranties set forth in the Financing Documents). Upon such payment and termination, this Pledge Agreement shall be automatically terminated and the Administrative Collateral Agent and the Lenders shall, upon the request and at the expense of the Pledgors, (i) return all certificates representing the Pledged Shares, all other certificates and instruments constituting Pledged Collateral and all instruments of transfer or assignment which have been delivered to the Collateral Agent pursuant to this Pledge Agreement and (ii) forthwith release all of the Liens its liens and security interests granted hereunder and shall promptly execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 2 contracts

Samples: Pledge Agreement (Lincare Holdings Inc), Pledge Agreement (Lincare Holdings Inc)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Pledgor Obligations remain outstanding (other than contingent indemnity any such obligations that which by the terms thereof are stated to survive termination of the Credit Documents pursuant Loan Documents) or any Loan Document or Swap Contract between any Loan Party and any Lender (to the stated terms thereofextent the obligations of such Loan Party thereunder constitute Obligations) remain outstanding, any Credit Document or Secured Hedging Agreement is in effect, and until all of the Commitments shall have been terminated. Upon such payment and termination, this Pledge Agreement shall be automatically terminated and the Administrative Agent and the Lenders shall, upon the request and at the expense of the Pledgors, (i) return all certificates representing the Pledged Capital Stock, all other certificates and instruments constituting Pledged Collateral and all instruments of transfer or assignment which have been delivered to the Administrative Agent pursuant to this Pledge Agreement and (ii) forthwith release all of the Liens its liens and security interests granted hereunder and shall execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 2 contracts

Samples: Security Agreement (Gaylord Entertainment Co /De), Security Agreement (Gaylord Entertainment Co /De)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Pledgor Obligations remain outstanding (other than contingent indemnity any such obligations that with respect to the indemnities set forth in the Credit Document which by the terms thereof are stated to survive termination of the Credit Documents pursuant to the stated terms thereofDocuments) remain outstanding, under any Credit Document or Secured Hedging Agreement is in effectDocument, and until all of the Commitments thereunder shall have been terminated. Upon such payment and termination, this Pledge Agreement shall be automatically terminated and the Administrative Agent and the Lenders shall, upon the request and at the expense of the Pledgors, (i) return all certificates representing the Pledged Capital Stock, all other certificates and instruments constituting Pledged Collateral and all instruments of transfer or assignment which have been delivered to the Agent pursuant to this Pledge Agreement and (ii) forthwith release all of the Liens its liens and security interests granted hereunder and shall execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Packaging Dynamics Corp)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Pledgor Obligations remain outstanding (other than contingent indemnity any such obligations that which by the terms thereof are stated to survive termination of the Credit Documents pursuant to the stated terms thereofDocuments) remain outstanding, or any Credit Document or Secured Hedging Agreement between any Credit Party and any Lender (to the extent the obligations of such Credit Party thereunder constitute Credit Party Obligations) is in effect, and until all of the Commitments thereunder shall have been terminated. Upon such payment and termination, termination this Pledge Agreement shall be automatically terminated and the Administrative Agent and the Lenders shall, upon the request and at the expense of the Pledgors, (i) return all certificates representing the Pledged Capital Stock, all other certificates and instruments constituting Pledged Collateral and all instruments of transfer or assignment which have been delivered to the Agent pursuant to this Pledge Agreement and (ii) forthwith release all of the Liens its liens and security interests granted hereunder and shall execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 1 contract

Samples: Pledge Agreement (American Medical Systems Holdings Inc)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Credit Party Obligations (other than contingent indemnity obligations that survive termination remain outstanding or any Credit Document, or Hedging Agreement or Equity Swap Agreement between any Pledgor and any Lender, or any Affiliate of the a Lender, is in effect or any Letter of Credit Documents pursuant to the stated terms thereof) shall remain outstanding, any Credit Document or Secured Hedging Agreement is in effect, and until all of the Commitments thereunder shall have been terminatedterminated (other than any obligations with respect to the indemnities and the representations and warranties set forth in the Credit Documents). Upon such payment and termination, this Pledge Agreement shall be automatically terminated and the Administrative Agent and the Lenders shall, upon the request and at the expense of the Pledgors, (i) return all certificates representing the Pledged Shares, all other certificates and instruments constituting Pledged Collateral and all instruments of transfer or assignment which have been delivered to the Agent pursuant to this Pledge Agreement and (ii) forthwith release all of the Liens its liens and security interests granted hereunder and shall promptly execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Lincare Holdings Inc)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Obligations (other than contingent indemnity obligations that survive termination of the Credit Documents pursuant to the stated terms thereof) remain outstanding, outstanding or any Credit Document or Secured Hedging Agreement is in effect, and until all of the Commitments shall have been terminated. Upon such payment and termination, this Pledge Agreement shall be automatically terminated and the Administrative Agent and the Lenders (and the Collateral Custodian, in accordance with Section 5) shall, upon the request and at the expense of the Pledgors, forthwith release all of the Liens and security interests granted hereunder and shall deliver all documents evidencing the Pledged Collateral, all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Capitalsource Inc)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Pledgor Obligations remain outstanding (other than contingent indemnity any such obligations that which by the terms thereof are stated to survive termination of the Credit Documents pursuant to the stated terms thereofDocuments) remain outstanding, or any Credit Document or Secured Hedging Agreement between any Credit Party and any Lender (to the extent the obligations of such Credit Party thereunder constitute Credit Party Obligations) is in effect, and until all of the Commitments thereunder shall have been terminated. Upon such payment and termination, this Pledge Agreement shall be automatically terminated and the Administrative Collateral Agent and the Lenders shall, upon the request and at the expense of the Pledgors, (i) return all certificates representing the Pledged Capital Stock, all other certificates and instruments constituting Pledged Collateral and all instruments of transfer or assignment which have been delivered to the Collateral Agent pursuant to this Pledge Agreement and (ii) forthwith release all of the Liens its liens and security interests granted hereunder and shall execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 1 contract

Samples: Credit Party Pledge Agreement (Medical Staffing Network Holdings Inc)

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Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect during each Collateral Period so long as any of the Secured Pledgor Obligations (other than contingent indemnity obligations that survive termination of the Credit Documents pursuant to the stated terms thereof) remain outstanding, outstanding or any Senior Credit Document or Secured Hedging Agreement is in effect, and until all of the Commitments commitments thereunder shall have been terminatedterminated (other than any obligations with respect to the indemnities and the representations and warranties set forth in the Senior Credit Documents). Upon a Collateral Termination Date or upon such payment and termination, this Pledge Agreement shall no longer be automatically terminated effective until another Collateral Effective Date occurs and the Administrative Collateral Agent and the Lenders Secured Parties shall, upon the request and at the expense of the Pledgors, forthwith release all of the Liens its liens and security interests granted hereunder and shall execute and deliver all UCC Uniform Commercial Code termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge AgreementAgreement or any period which is not a Collateral Period, subject to the provisions of the respective Senior Credit Documents.

Appears in 1 contract

Samples: Credit Agreement (Fruit of the Loom Inc /De/)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Obligations arising under the Loan Documents (other than contingent indemnity indemnification obligations that expressly survive the termination of the Credit Loan Documents pursuant to the stated terms thereoffor which no claim has been asserted) remain outstanding, any Credit Document or Secured Hedging Agreement is in effect, outstanding and until all of the Commitments shall commitments relating thereto have been terminated. Upon such payment and terminationsatisfaction of all Secured Obligations arising under the Loan Documents (other than contingent indemnification obligations that expressly survive termination of the Loan Documents for which no claim has been asserted) and termination of all commitments relating thereto, this Pledge Agreement shall be automatically terminated and the Administrative Agent and the Lenders Secured Parties shall, upon the request and at the expense of the PledgorsObligors, forthwith release all of the Liens its liens and security interests granted hereunder, shall return all certificates or instruments pledged hereunder and shall execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors Obligors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 1 contract

Samples: Credit Agreement (Fleetcor Technologies Inc)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Pledgor Obligations (other than contingent indemnity obligations that survive termination of the Credit Documents pursuant to the stated terms thereof) remain outstanding, outstanding or any Bank Credit Document or Secured Hedging Agreement between any Pledgor and any Lender, or any Affiliate of a Lender, is in effecteffect or any Letter of Credit shall remain outstanding, and until all of the Commitments thereunder shall have been terminatedterminated (other than any obligations with respect to the indemnities and the representations and warranties set forth in the Bank Credit Documents). Upon such payment and termination, this Pledge Agreement shall be automatically terminated and the Administrative Agent and the Lenders shall, upon the request and at the expense of the Pledgors, (i) return all certificates representing the Pledged Shares, all other certificates and instruments constituting Pledged Collateral and all instruments of transfer or assignment which have been delivered to the Agent pursuant to this Pledge Agreement and (ii) forthwith release all of the Liens its liens and security interests granted hereunder and shall promptly execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Lincare Holdings Inc)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Obligations (other than (x) Hedging Agreements entered into with a Hedging Bank, (y) Treasury Management Agreements entered into with Treasury Management Banks, or (z) contingent indemnity indemnification obligations that survive termination of the Credit Documents pursuant to the stated terms thereofor contingent expense reimbursement, indemnification, yield protection or tax gross-up obligations, in each case for which no claim has been made) remain outstanding, any Credit Document or Secured Hedging Agreement is in effect, remains outstanding and until all of the Commitments shall commitments relating thereto have been terminated. Upon such payment or other satisfaction of all Secured Obligations and terminationtermination of all commitments relating thereto, this Pledge Agreement shall be automatically terminated and the Administrative Agent and the Lenders Secured Creditors shall, upon the request and at the expense of the Pledgors, forthwith release all of the Liens its liens and security interests granted hereunder, shall return all certificates or instruments pledged hereunder and shall execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Ruby Tuesday Inc)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Pledgor Obligations remain outstanding (other than contingent indemnity any such obligations that which by the terms thereof are stated to survive termination of the Credit Documents pursuant to the stated terms thereofDocuments) remain outstanding, or any Credit Document or Secured Hedging Agreement between any Credit Party and any Lender (to the extent the obligations of such Credit Party thereunder constitute Credit Party Obligations) is in effect, and until all of the Commitments thereunder shall have been terminated. Upon such payment and termination, this Pledge Agreement shall be automatically terminated and the Administrative Collateral Agent and the Lenders shall, upon the request and at the expense of the PledgorsPledgor, (i) return all certificates representing the Pledged Capital Stock, all other certificates and instruments constituting Pledged Collateral and all instruments of transfer or assignment which have been delivered to the Collateral Agent pursuant to this Pledge Agreement and (ii) forthwith release all of the Liens its liens and security interests granted hereunder and shall execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors Pledgor evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 1 contract

Samples: Holdings Pledge Agreement (Medical Staffing Network Holdings Inc)

Continuing Agreement. (a) This Pledge Security Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as the Credit Agreement or Hedging Agreement between any Credit Party and any Lender (to the extent the obligations of the Secured Obligations such Credit Party thereunder constitute Credit Party Obligations) is in effect or any amounts payable thereunder or under any other Credit Document, Loan or Letter of Credit shall remain outstanding (other than contingent indemnity any such obligations that which by the terms thereof are stated to survive termination of the Credit Documents pursuant to the stated terms thereof) remain outstanding, any Credit Document or Secured Hedging Agreement is in effectDocuments), and until all of the Commitments thereunder shall have been terminatedterminated (other than any obligations with respect to the indemnities and the representations and warranties set forth in the Credit Documents). Upon such payment and termination, this Pledge Security Agreement shall be automatically terminated and the Administrative Collateral Agent and for the benefit of the Lenders shall, upon the request and at the expense of the PledgorsCredit Parties, forthwith release all of the Liens its liens and security interests granted hereunder and shall execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors Credit Parties evidencing such termination. Notwithstanding the foregoing, foregoing all releases and indemnities provided hereunder shall survive termination of this Pledge Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Medical Staffing Network Holdings Inc)

Continuing Agreement. (a) This Pledge Agreement shall be a continuing agreement in every respect and shall remain in full force and effect so long as any of the Secured Obligations arising under the Loan Documents (other than contingent indemnity indemnification obligations that expressly survive the termination of the Credit Loan Documents pursuant to the stated terms thereoffor which no claim has been asserted) remain outstanding, any Credit Document or Secured Hedging Agreement is in effect, outstanding and until all of the Commitments shall commitments relating thereto have been terminated. Upon such payment and terminationsatisfaction of all Secured Obligations arising under the Loan Documents (other than contingent indemnification obligations that expressly survive termination of the Loan Documents for which no claim has been asserted) and termination of all commitments relating thereto, this Pledge Agreement shall be automatically terminated and the Administrative Agent and the Lenders Secured Parties shall, upon the request and at the expense of the Pledgors, forthwith release all of the Liens its liens and security interests granted hereunder, shall return all certificates or instruments pledged hereunder and shall execute and deliver all UCC termination statements and/or other documents reasonably requested by the Pledgors evidencing such termination. Notwithstanding the foregoing, all releases and indemnities provided hereunder shall survive termination of this Pledge Agreement.

Appears in 1 contract

Samples: Pledge Agreement (Fleetcor Technologies Inc)

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