Additional Pledges. The Credit Parties signatory hereto shall pledge or cause to be pledged to Agent for the benefit of Lenders the Stock of all Store Guarantors created or acquired after the Closing Date.
Additional Pledges. If on or after the Issue Date, any Domestic Subsidiary of OI Group pledges any property or assets to secure obligations under the Credit Agreement (other than pursuant to the Collateral Documents or as contemplated by the Credit Agreement), then such property or assets shall also secure the Notes.
Additional Pledges. None of the Loan Parties or their respective Affiliates and Subsidiaries has the right to pledge or encumber any other real property owned or held by such Person (other than the Collateral) because of the fact that such pledge or encumbrance is prohibited by the Senior Loan Documents, or any other instrument governing Indebtedness secured by any of the Property or the joint venture agreement relating to such property.
Additional Pledges. Grant, create, assume or permit any other mortgage, lien, encumbrance, right of first offer, right of first refusal, option or other rights with respect to the funds placed or to be placed in the Pledged Account.
Additional Pledges. Within 30 days of the Borrower or any Domestic Subsidiary (other than an Excluded Subsidiary) acquiring, forming or otherwise receiving after the Effective Date any Equity Interest in a Foreign Subsidiary that is a Material Subsidiary, the Borrower shall cause to be delivered to the Agent each of the following in form and substance satisfactory to the Agent: (i) a supplement to the Pledge Agreement executed by the Borrower or such Domestic Subsidiary, as applicable, subjecting such Equity Interests to the Lien of the Pledge Agreement, (ii) the items that would have been delivered under Sections 6.1.(a)(v) through (vii) and (xii) if such Subsidiary Equity Interests had been Collateral under the Pledge Agreement on the Effective Date and (iii) if such Equity Interests are owned by a Domestic Subsidiary that is not already a Guarantor, the items referred to in clauses (i) and (ii) of the immediately preceding subsection (a). The Borrower shall send to each Lender copies of each of the foregoing items once the Agent has received all such items with respect to a Subsidiary. Notwithstanding the first sentence of this subsection, the Borrower or a Domestic Subsidiary shall only be required to subject to the Lien of the Pledge Agreement (x) 65% (or such greater percentage that, due to a change in an Applicable Law after the Agreement Date, (A) could not reasonably be expected to cause the undistributed earnings of such Foreign Subsidiary as determined for United States federal income tax purposes to be treated as a deemed dividend to such Foreign Subsidiary’s United States parent and (B) could not reasonably be expected to cause any material adverse tax consequences) of the issued and outstanding Equity Interest of a Foreign Subsidiary entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) and (y) 100% of the issued and outstanding Equity Interest of a Foreign Subsidiary not entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)).
Additional Pledges. If on or after the Issue Date, Holdings, Primary Intermediate Holdco, Secondary Intermediate Holdco, the Issuers or any of their Subsidiaries pledges property or assets to secure obligations under the Credit Agreement (other than pursuant to the Collateral Documents or as contemplated by the Credit Agreement in effect on the date hereof), then such property or assets shall also secure the Senior Notes. In the event that no Credit Facility is outstanding and in effect, promptly (and in any event within twenty (20) Business Days) after the creation or acquisition by Holdings of a new Subsidiary that becomes a Guarantor pursuant to Section 4.13, such Issuer shall cause such Subsidiary to become a party to the Collateral Documents or executive documents 50 substantially similar to the Collateral Documents, and the Issuer or Guarantor that is such new Guarantor's direct parent company shall execute such agreement or other document reasonably satisfactory to the Trustee and pursuant to which all the Equity Interests of such new Guarantor shall be pledged to the Trustee (for the benefit of the Holders) to secure the Senior Note Obligations and such other related documents as the Trustee may request, all in form and substance reasonably satisfactory to the Trustee.
Additional Pledges. Within 10 days of any Pledgor acquiring, forming or otherwise receiving after the date it becomes a party to the Pledge Agreement any additional Equity Interests in a Material Subsidiary, the Borrower shall cause to be delivered to the Administrative Agent in form and substance satisfactory to the Administrative Agent an amendment to the Pledge Agreement for the purpose of subjecting such Equity Interests to the Lien of the Pledge Agreement.
Additional Pledges. The Borrower Group Members have no right to pledge or encumber any other assets owned or held by such Borrower Group Members (other than the Collateral) because such Borrower Group Members are prohibited from pledging or encumbering any assets other than the Collateral by the terms and provisions of the Senior Loan Documents................................................................37 5.57
Additional Pledges. The Company will not transfer or otherwise dispose of, to any Subsidiary, any Pledged Stock or any property or assets (other than transfers or dispositions in the ordinary course of business), unless such transferee Subsidiary is a Restricted Subsidiary and the Company pledges all of the issued and outstanding Capital Stock of such transferee Subsidiary owned by the Company to the Trustee pursuant to the Security and Pledge Agreement. ARTICLE FOURTEEN
Additional Pledges. Sections 5.12 of the Credit Agreement is hereby deleted and the following inserted therefor:
