Common use of Agreement to Hold Collateral Clause in Contracts

Agreement to Hold Collateral. Simultaneously with the execution of this Agreement, Creditor and Debtor shall enter into an agreement in the form attached hereto as Exhibit B and incorporated herein by reference, providing for the deposit of the Collateral with an agent of Debtor, which shall hold and dispose of the Collateral in accordance with the terms thereof.

Appears in 4 contracts

Samples: Pledge and Security Agreement (Fx Energy Inc), Pledge and Security Agreement (Fx Energy Inc), Pledge and Security Agreement (Fx Energy Inc)

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Agreement to Hold Collateral. Simultaneously with the execution of this Agreement, Creditor and Debtor shall enter into an agreement in the form attached hereto as Exhibit B and incorporated herein by reference, providing for the deposit of the Collateral with an agent of Debtormutually agreeable to Debtor and Creditor, which shall hold and dispose of the Collateral in accordance with the terms thereof.

Appears in 1 contract

Samples: Pledge and Security Agreement (W Technologies, Inc.)

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