Common use of Additional Grantors Clause in Contracts

Additional Grantors. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 2 hereto, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

Appears in 11 contracts

Samples: Credit Agreement (Trimas Corp), Credit Agreement (Trimas Corp), Credit Agreement (Trimas Corp)

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Additional Grantors. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 2 3 hereto, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

Appears in 9 contracts

Samples: Security Agreement (1295728 Alberta ULC), Credit Agreement (Alamosa Holdings Inc), Execution Copy (Bremen Bearings Inc)

Additional Grantors. Upon execution and delivery by the Collateral Agent and a Subsidiary of Holdings of an instrument in the form of Annex 2 3 hereto, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

Appears in 6 contracts

Samples: Security Agreement (Advance Auto Parts Inc), Security Agreement (Advance Auto Parts Inc), Security Agreement (Laralev Inc)

Additional Grantors. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 2 hereto2, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

Appears in 3 contracts

Samples: Domestic Security Agreement (Pliant Corp), Domestic Security Agreement (Pliant Corp), Domestic Security Agreement (Pliant Corp)

Additional Grantors. Upon execution and delivery by the Collateral Administrative Agent and a Subsidiary of an any instrument in satisfactory to the form of Annex 2 heretoAdministrative Agent, such Subsidiary shall become a Grantor hereunder with the same force and effect as of if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations obligation of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

Appears in 3 contracts

Samples: Security Agreement (Jupitermedia Corp), Security Agreement (Jupitermedia Corp), Security Agreement (Jupitermedia Corp)

Additional Grantors. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 2 3 hereto, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any the Grantor hereunder. The rights and obligations of each the Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.. * * *

Appears in 2 contracts

Samples: Pledge Agreement (Tel Save Holdings Inc), Exhibit H (Tel Save Holdings Inc)

Additional Grantors. Upon execution and delivery by -------------------- the Collateral Security Agent and a Subsidiary of an instrument in the form of Annex 2 1 hereto, such Subsidiary shall become a Subsidiary Grantor and Grantor hereunder with the same force and effect as if originally named as a Subsidiary Grantor and Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

Appears in 2 contracts

Samples: Security Agreement (Brylane Inc), Security Agreement (Brylane Inc)

Additional Grantors. Upon execution and delivery by the Collateral Administrative Agent and a Subsidiary of an instrument in the form of Annex 2 3 hereto, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.. 38

Appears in 2 contracts

Samples: Security Agreement (Knowles Electronics LLC), Security Agreement (Knowles Electronics LLC)

Additional Grantors. Upon the execution and delivery by the Collateral Agent and a Subsidiary any other Person of an instrument in the form of Annex 2 I hereto, such Subsidiary Person shall become a Grantor "Subsidiary Grantor" and a "Grantor" hereunder with the same force and effect as if originally named as a Subsidiary Grantor and a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any other Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Jorgensen Earle M Co /De/)

Additional Grantors. Upon execution and delivery after the date hereof by the Collateral Administrative Agent and a Subsidiary of an instrument in the form of Annex 2 hereto2, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor of the Grantors hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Lifetime Brands, Inc)

Additional Grantors. Upon execution and delivery by the Collateral Agent Lender and a Subsidiary of an instrument in the form of Annex 2 hereto, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

Appears in 1 contract

Samples: Form of Security Agreement (Equivest Finance Inc)

Additional Grantors. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 2 II hereto, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

Appears in 1 contract

Samples: Security Agreement (Wright Medical Group Inc)

Additional Grantors. Upon execution and delivery by ------------------- the Collateral Agent and a Subsidiary of the Borrower of an instrument in the form of Annex 2 3 hereto, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Ixl Enterprises Inc)

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Additional Grantors. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 2 3 hereto, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.. 194

Appears in 1 contract

Samples: Credit Agreement (Northwestern Steel & Wire Co)

Additional Grantors. Upon execution and delivery by the Collateral Agent and a Subsidiary of Allied Waste (other than any Subsidiary of BFI) of an instrument in the form of Annex 2 1 hereto, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

Appears in 1 contract

Samples: Non Shared Collateral Security Agreement (Allied Waste North America Inc/De/)

Additional Grantors. Upon execution and delivery by the Collateral Agent and a Domestic Subsidiary of an instrument in the form of Annex 2 hereto, such Domestic Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

Appears in 1 contract

Samples: Security Agreement (GSV Inc /Fl/)

Additional Grantors. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 2 hereto, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Security Agreement.

Appears in 1 contract

Samples: Security Agreement (Reliant Resources Inc)

Additional Grantors. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 2 3 hereto, such Subsidiary subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

Appears in 1 contract

Samples: Security Agreement (Catalytica Inc)

Additional Grantors. Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 2 3 hereto, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.. 258 22

Appears in 1 contract

Samples: Credit Agreement (Fairchild Semiconductor International Inc)

Additional Grantors. Upon execution and delivery by the Collateral Agent and a Subsidiary Loan Party of an instrument in the form of Annex 2 hereto, such Subsidiary shall become a Grantor hereunder with the same force and effect as if originally named as a Grantor herein. The execution and delivery of any such instrument shall not require the consent of any Grantor hereunder. The rights and obligations of each Grantor hereunder shall remain in full force and effect notwithstanding the addition of any new Grantor as a party to this Agreement.

Appears in 1 contract

Samples: Credit Agreement (Burlington Industries Inc /De/)

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