Additional Pledgor Clause Samples

Additional Pledgor. At any time after the date of this Agreement, if ▇▇▇▇▇▇ Interactive, Inc. (“NII”) ceases to be inactive or has significant assets other than net operating losses, it shall become a Pledgor hereunder and the Borrower shall cause NII to signify its acceptance of the terms hereof by execution and delivery to the Agent of a counterpart of this Agreement, as then in effect.

Additional Pledgor. Each additional Pledgor which becomes a Pledgor pursuant to §5.3.

Additional Pledgor. Each additional Pledgor which becomes a Pledgor pursuant to §5.3. For the avoidance of doubt, from and after the First Amendment Date, Additional Pledgors shall only be added with respect to grants of Equity Interests and/or Distribution Interests in direct or indirect owners of Mortgaged Properties added to the Borrowing Base pursuant to §5.3.

Additional Pledgor. The Borrower agreed to cause each Subsidiary which becomes a Material Domestic Subsidiary after the date hereof to enter into this Agreement as a Pledgor upon becoming such. Upon execution and delivery by the Collateral Agent and a Material Domestic Subsidiary of an instrument in a form reasonably acceptable to such Subsidiary and the Collateral Agent, such Subsidiary shall become a Pledgor hereunder with the same force and effect as if originally named as a Pledgor herein. The execution and delivery of any such instrument shall not require the consent of Pledgor hereunder. The rights and obligations of Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Pledgor or as a party to this Agreement.

Additional Pledgor. From time to time on or after the date hereof, additional Subsidiaries and/or Affiliates of the Company may become parties hereto, as additional Pledgors (each, an “Additional Pledgor”), by executing a Joinder Agreement hereto. Upon the delivery of the Joinder Agreement to the Collateral Agent, such Additional Pledgor shall be deemed a Pledgor hereunder and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereof.

Additional Pledgor. Each Subsidiary of the Pledgors that is required to become a party to this Agreement pursuant to Section 10.1.9 of the Loan Agreement shall become a Pledgor for all purposes of this Agreement upon execution and delivery to Agent of a joinder agreement in form and substance reasonably satisfactory to Agent.