Common use of Accession Agreement Clause in Contracts

Accession Agreement. If such Acquisition involves any New Subsidiary, the Agent shall have received an Accession Agreement duly executed by such New Subsidiary, which Accession Agreement shall, in addition to making such New Subsidiary a party to the Guaranty and the Security Agreement, make such New Subsidiary a party to (A) the Pledge Agreement, if such New Subsidiary owns any issued and outstanding capital stock of any other Loan Party and (B) the Assignment of Acquisition Documents, if such New Subsidiary has any rights under the Purchase Agreement or other Acquisition Documents being executed in connection with such Acquisition.

Appears in 1 contract

Samples: Credit Agreement (Serologicals Corp)

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Accession Agreement. If such Acquisition involves any New Subsidiary, the Agent Lender shall have received an Accession Agreement duly executed by such New Subsidiary, which Accession Agreement shall, in addition to making such New Subsidiary a party to the Guaranty and the Security Agreement, make such New Subsidiary a party to (A) the Pledge Agreement, if such New Subsidiary owns any issued and outstanding capital stock of any other Loan Party and (B) the Assignment of Acquisition Documents, if such New Subsidiary has any rights under the Purchase Agreement or other Acquisition Documents being executed in connection with such Acquisition.

Appears in 1 contract

Samples: Credit Agreement (Serologicals Corp)

Accession Agreement. If such Acquisition involves any New Subsidiary, the Agent shall have received on or prior to the Acquisition Date an Accession Agreement duly executed by such New Subsidiary, which Accession Agreement shall, in addition to making such New Subsidiary a party to the Guaranty and the Security Agreement, make such New Subsidiary a party to (A) the Pledge Agreement, if such New Subsidiary owns any issued and outstanding capital stock of any other Loan Party and (B) the Assignment of Acquisition Documents, if such New Subsidiary has any rights under the Purchase Agreement or other Acquisition Documents being executed in connection with such AcquisitionParty.

Appears in 1 contract

Samples: Credit Agreement (Serologicals Corp)

Accession Agreement. If such Acquisition involves any New Subsidiary, the Agent Lender shall have received an Accession Agreement duly executed by such New Subsidiary, which Accession Agreement shall, in addition to making such New Subsidiary a party to the Guaranty and the Security Agreement, make such New Subsidiary a party to (A) the Pledge Agreement, if such New Subsidiary owns any issued and outstanding capital stock of any other Loan Party and (B) the Assignment of Acquisition Documents, if such New Subsidiary has any rights under the Purchase Agreement or other Acquisition Documents being executed in connection with such AcquisitionParty.

Appears in 1 contract

Samples: Credit Agreement (Serologicals Corp)

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Accession Agreement. If such Acquisition involves any New Subsidiary, the Agent shall have received an Accession Agreement duly executed by such New Subsidiary, which Accession Agreement shall, in addition to making such New Subsidiary a party to the Guaranty and the Security Agreement, make such New Subsidiary a party to (A) the Pledge Agreement, if such New Subsidiary owns any issued and outstanding capital stock or other equity interest of any other Loan Party and (B) the Assignment of Acquisition Documents, if such New Subsidiary has any rights under the Purchase Agreement or other Acquisition Documents being executed in connection with such AcquisitionParty.

Appears in 1 contract

Samples: Credit Agreement (Serologicals Corp)

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