Agreement to pledge Collateral Sample Clauses

Agreement to pledge Collateral. Each Pledgor hereby agrees to pledge to the Pledgee, on the terms of this Agreement all its Collateral.
Sample 1
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Agreement to pledge Collateral. As security for the payment when due of the Secured Obligations, each Pledgor agrees with the Pledgee to grant to the Pledgee a right of (where applicable: third party) pledge over its Collateral.
Sample 1
Agreement to pledge Collateral. Pledge, mortgage or grant a ------------------------------ security interest, at the option of Majority Banks, in Borrower's accounts receivable, inventory, machinery, equipment, and other fixed assets as requested by Majority Banks in the event, and at any time and from time to time during the term hereof (even after Agent's release of any such assets) Borrower's Net Funded Debt to Cash Flow ratio exceeds 3.50 to 1.00 as of June 30, 2000 or at any time thereafter. The security interest or lien of Banks shall remain on any such assets until such point in time that the Borrower demonstrates that its Net Funded Debt to Cash Flow ratio does not exceed 3.50to1.00 for two consecutive quarters. Upon such a demonstration, Agent shall release the Banks' security interest or lien; however, Borrower shall continue to be governed by the negative pledge set forth at Section 7.2
Sample 1

Related to Agreement to pledge Collateral

  • Stock Pledge Agreement The term "Stock Pledge Agreement" shall have the meaning set forth in Section 6.3(xiii).

  • of the Pledge Agreement Upon the occurrence of a Termination Event, the Company shall promptly but in no event later than two Business Days thereafter give written notice to the Agent, the Collateral Agent and to the Holders, at their addresses as they appear in the Register.

  • Pledge Agreements Duly executed originals of each of the Pledge Agreements accompanied by (as applicable) (a) share certificates representing all of the outstanding Stock being pledged pursuant to such Pledge Agreement and stock powers for such share certificates executed in blank and (b) the original Intercompany Notes and other instruments evidencing Indebtedness being pledged pursuant to such Pledge Agreement, duly endorsed in blank.

  • Pledge Agreement Other than as expressly permitted hereunder, the Pledge Agreement or any other Security Document pursuant to which the Capital Stock or Stock Equivalents of the Borrower or any Subsidiary is pledged or any material provision thereof shall cease to be in full force or effect (other than pursuant to the terms hereof or thereof or as a result of acts or omissions of the Collateral Agent or any Lender) or any pledgor thereunder or any Credit Party shall deny or disaffirm in writing any pledgor’s or Credit Party’s obligations under any Security Document; or

  • Negative Pledge Agreements None of the Obligors will create, incur, assume or permit to exist any contract, agreement or understanding (other than this Agreement and the Security Instruments) which in any way prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its Property or restricts it or any other Subsidiary from paying dividends to the Borrower, or which requires the consent of or notice to other Persons in connection therewith.

  • The Security Agreement The security interest granted pursuant to this Trademark Security Agreement is granted in conjunction with the security interest granted to the Collateral Agent pursuant to the Security Agreement and Grantor hereby acknowledges and affirms that the rights and remedies of the Collateral Agent with respect to the security interest in the Trademarks made and granted hereby are more fully set forth in the Security Agreement. In the event that any provision of this Trademark Security Agreement is deemed to conflict with the Security Agreement, the provisions of the Security Agreement shall control unless the Collateral Agent shall otherwise determine.

  • Security Agreement The words "Security Agreement" mean and include without limitation any agreements, promises, covenants, arrangements, understandings or other agreements, whether created by law, contract, or otherwise, evidencing, governing, representing, or creating a Security Interest.

  • Guaranty and Collateral Agreement A counterpart of the Guaranty and Collateral Agreement executed by each Loan Party, together with all instruments, transfer powers and other items required to be delivered in connection therewith.

  • Assignment of Collateral There is no material collateral securing any Mortgage Loan that has not been assigned to the Purchaser.

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