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.
Appears in 2 contracts
Sources: Pledge Agreement (Nestor Inc), Securities Purchase Agreement (Nestor Inc)