Amalgamation. Each Granting Party acknowledges and agrees that, in the event it amalgamates with any other company or companies, it is the intention of the parties hereto that the term “Grantor” or “Pledgor”, when used herein, shall apply to each of the amalgamating corporations and to the amalgamated corporation, such that the lien granted hereby: (a) shall extend to Collateral owned by each of the amalgamating corporations and the amalgamated corporations at the time of amalgamation and to any Collateral thereafter owned or acquired by the amalgamated corporation, and (b) shall secure all Obligations of each of the amalgamating corporations and the amalgamated corporations to the Canadian Collateral Agent and the Lenders at the time of amalgamation and all Obligations of the amalgamated corporation to the Canadian Collateral Agent and the Lenders thereafter arising. The Lien shall attach to all Collateral owned by each corporation amalgamating with Granting Party, and by the amalgamated corporation, at the time of the amalgamation, and shall attach to all Collateral thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 4 contracts
Sources: Canadian Guarantee and Collateral Agreement, Canadian Guarantee and Collateral Agreement (Herc Holdings Inc), Canadian Guarantee and Collateral Agreement (Hertz Global Holdings Inc)
Amalgamation. Each Granting Party Grantor acknowledges and agrees that, in the event it amalgamates with any other company corporation or companiescorporations, it is the intention of the parties hereto that the term “Grantor,” or “Pledgor”, when used herein, shall apply to each of the amalgamating corporations and to the amalgamated corporation, such that the lien security interest granted hereby:
(a) shall Shall extend to the Collateral owned by each of the amalgamating corporations and the amalgamated corporations corporation at the time of amalgamation and to any Collateral thereafter owned or acquired by the amalgamated corporation, and
(b) shall Shall secure all Obligations of each of the amalgamating corporations and the amalgamated corporations corporation to the Canadian Collateral Administrative Agent and the Lenders at the time of amalgamation and all Obligations of the amalgamated corporation to the Canadian Collateral Agent and the Lenders Secured Parties thereafter arising. The Lien security interest shall attach to all Collateral owned by each corporation amalgamating with Granting Party, any debtor and by the amalgamated corporationcompany, at the time of the amalgamation, and shall attach to all Collateral thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 3 contracts
Sources: Guarantee and Collateral Agreement (Paperweight Development Corp), Guarantee and Collateral Agreement (Paperweight Development Corp), Guarantee and Collateral Agreement (Paperweight Development Corp)
Amalgamation. Each Granting Party The Grantor acknowledges and agrees that, in the event it amalgamates with any other company or companies, it is the intention of the parties hereto that the term “Grantor” or “Pledgor”, when used herein, shall apply to each of the amalgamating corporations and to the amalgamated corporation, such that the lien granted hereby:
(a) shall extend to Collateral owned by each of the amalgamating corporations and the amalgamated corporations at the time of amalgamation and to any Collateral thereafter owned or acquired by the amalgamated corporation, and
(b) shall secure all Obligations of each of the amalgamating corporations and the amalgamated corporations to the Canadian Collateral Agent and the Lenders Secured Parties at the time of amalgamation and all Obligations of the amalgamated corporation to the Canadian Collateral Agent and the Lenders Secured Parties thereafter arising. The Lien shall attach to all Collateral owned by each corporation amalgamating with Granting Partythe Grantor, and by the amalgamated corporation, at the time of the amalgamation, and shall attach to all Collateral thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 2 contracts
Sources: Canadian Security Agreement (RSC Equipment Rental, Inc.), Credit Agreement (RSC Holdings Inc.)
Amalgamation. Each Granting Party Grantor acknowledges and agrees that, in the event it amalgamates with any other company corporation or companiescorporations, it is the intention of the parties hereto that the term “"Grantor” or “Pledgor”, ," when used herein, shall apply to each of the amalgamating corporations and to the amalgamated corporation, such that the lien security interest granted hereby:
(a) shall Shall extend to the Collateral owned by each of the amalgamating corporations and the amalgamated corporations corporation at the time of amalgamation and to any Collateral thereafter owned or acquired by the amalgamated corporation, and
(b) shall Shall secure all Obligations of each of the amalgamating corporations and the amalgamated corporations corporation to the Canadian Collateral Administrative Agent and the Lenders at the time of amalgamation and all Obligations of the amalgamated corporation to the Canadian Collateral Agent and the Lenders Secured Parties thereafter arising. The Lien security interest shall attach to all Collateral owned by each corporation amalgamating with Granting Party, any debtor and by the amalgamated corporationcompany, at the time of the amalgamation, and shall attach to all Collateral thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 1 contract
Sources: Guarantee and Collateral Agreement (Paperweight Development Corp)
Amalgamation. Each Granting Party Grantor acknowledges and agrees that, in the event it amalgamates with any other company corporation or companiescorporations, it is the intention of the parties hereto that the term “"Grantor” or “Pledgor”, ," when used herein, shall apply to each of the amalgamating corporations and to the amalgamated corporation, such that the lien security interest granted hereby:
(a) shall Shall extend to the Collateral owned by each of the amalgamating corporations and the amalgamated corporations corporation at the time of amalgamation and to any Collateral thereafter owned or acquired by the amalgamated corporation, and
(b) shall Shall secure all Obligations of each of the amalgamating corporations and the amalgamated corporations corporation to the Canadian Collateral Agent and the Lenders at the time of amalgamation and all Obligations of the amalgamated corporation to the Canadian Collateral Agent and the Lenders other Secured Parties thereafter arising. The Lien security interest shall attach to all Collateral owned by each corporation amalgamating with Granting Party, any debtor and by the amalgamated corporationcompany, at the time of the amalgamation, and shall attach to all Collateral thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 1 contract
Sources: Collateral Agreement (Paperweight Development Corp)
Amalgamation. Each Granting Party Grantor acknowledges and agrees that, in the event it amalgamates with any other company or companies, it is the intention of the parties hereto that the term “Grantor,” or “Pledgor”, when used herein, shall apply to each of the amalgamating corporations companies and to the amalgamated corporationcompany, such that the lien security interest granted hereby:
: (a) shall extend to Collateral “Collateral” (as that term is herein defined) owned by each of the amalgamating corporations companies and the amalgamated corporations company at the time of amalgamation and to any Collateral “Collateral” thereafter owned or acquired by the amalgamated corporationcompany, and
and (b) shall secure all Obligations secured obligations of each of the amalgamating corporations companies and the amalgamated corporations company to the Canadian Collateral Agent and the Lenders Secured Parties at the time of amalgamation and all Obligations “Secured Obligations” of the amalgamated corporation company to the Canadian Collateral Agent and the Lenders Secured Parties thereafter arising. The Lien security interest shall attach to all Collateral “Collateral” owned by each corporation company amalgamating with Granting Party, and by the amalgamated corporation, at the time of the amalgamationany Grantor, and shall attach to all Collateral “Collateral” thereafter owned or acquired by the amalgamated corporation company when such becomes owned or is acquired.
Appears in 1 contract
Sources: Revolving Credit and Guaranty Agreement (BJ Services, Inc.)
Amalgamation. Each Granting Party Grantor acknowledges and agrees that, in the event it amalgamates with any other company corporation or companiescorporations, it is the intention of the parties hereto that the term “Grantor,” or “Pledgor”, when used herein, shall apply to each of the amalgamating corporations and to the amalgamated corporation, such that the lien security interest granted hereby:
(a) shall Shall extend to the Collateral owned by each of the amalgamating corporations and the amalgamated corporations corporation at the time of amalgamation and to any Collateral thereafter owned or acquired by the amalgamated corporation, and
(b) shall Shall secure all Obligations of each of the amalgamating corporations and the amalgamated corporations corporation to the Canadian Collateral Agent and the Lenders at the time of amalgamation and all Obligations of the amalgamated corporation to the Canadian Collateral Agent and the Lenders Secured Parties thereafter arising. The Lien security interest shall attach to all Collateral owned by each corporation amalgamating with Granting Party, any debtor and by the amalgamated corporationcompany, at the time of the amalgamation, and shall attach to all Collateral thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 1 contract
Amalgamation. Each Granting Party Canadian OpCo acknowledges and agrees that, that in the event it amalgamates with any other company or companies, companies it is the intention of the parties hereto that the term “GrantorDebtor” or “Pledgor”, when used herein, herein shall apply to each of the amalgamating corporations companies and to the amalgamated corporationcompany, such that the lien Security Interest granted hereby:
(ai) shall extend to Collateral “Collateral” (as that term is herein defined) owned by each of the amalgamating corporations companies and the amalgamated corporations company at the time of amalgamation and to any Collateral “Collateral” thereafter owned or acquired by the amalgamated corporationcompany, and
(bii) shall secure all Obligations the “Obligations” (as that term is herein defined) of each of the amalgamating corporations companies and the amalgamated corporations company to the Canadian Collateral Agent and the Lenders Company at the time of amalgamation and all Obligations any “Obligations” of the amalgamated corporation company to the Canadian Collateral Agent and the Lenders Company thereafter arising. The Lien Security Interest shall attach to all Collateral “Collateral” owned by each corporation company amalgamating with Granting PartyCanadian OpCo, and by the amalgamated corporationcompany, at the time of the amalgamation, and shall attach to all Collateral any “Collateral” thereafter owned or acquired by the amalgamated corporation company when such becomes owned or is acquired.
Appears in 1 contract
Amalgamation. Each Granting Party Grantor acknowledges and agrees that, in the event it amalgamates with any other company corporation or companiescorporations, it is the intention of the parties hereto that the term “Grantor” or “Pledgor”, when used herein, shall apply to each of the amalgamating corporations and to the amalgamated corporation, such that the lien security interest granted hereby:
(a) shall extend to Collateral owned by each of the amalgamating corporations and the amalgamated corporations corporation at the time of amalgamation and to any Collateral thereafter owned or acquired by the amalgamated corporation, and
(b) shall secure all Obligations of each of the amalgamating corporations and the amalgamated corporations corporation to the Canadian Collateral Administrative Agent and the Lenders Secured Parties at the time of amalgamation and all Obligations of the amalgamated corporation to the Canadian Collateral Administrative Agent and the Lenders Secured Parties thereafter arising. The Lien security interest shall attach to all Collateral owned by each corporation amalgamating with Granting Partyany Grantor, and by the amalgamated corporationcompany, at the time of the amalgamation, and shall attach to all Collateral thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 1 contract
Amalgamation. Each Granting Party acknowledges The Grantors acknowledge and agrees agree that, in the event it any Grantor amalgamates with any other company or companies, it is the intention of the parties hereto that the term “Grantor,” or “Pledgor”, when used herein, shall apply to each of the amalgamating corporations companies and to the amalgamated corporationcompany, such that the lien security interest granted hereby:
(a) shall extend to Collateral “Collateral” (as that term is herein defined) owned by each of the amalgamating corporations companies and the amalgamated corporations company at the time of amalgamation and to any Collateral “Collateral” thereafter owned or acquired by the amalgamated corporationcompany, and
(b) shall secure all Secured Obligations of each of the amalgamating corporations companies and the amalgamated corporations company to the Canadian Collateral Agent and the Lenders Secured Creditors at the time of amalgamation and all Obligations “Secured Obligations” of the amalgamated corporation company to the Canadian Collateral Agent and the Lenders Secured Creditors thereafter arising. The Lien security interest shall attach to all Collateral “Collateral” owned by each corporation company amalgamating with Granting Party, and by the amalgamated corporation, at the time of the amalgamationany Grantor, and shall attach to all Collateral “Collateral” thereafter owned or acquired by the amalgamated corporation company when such becomes owned or is acquired.
Appears in 1 contract
Amalgamation. Each Granting Party acknowledges and agrees that, in the event it amalgamates with any other company or companies, it is the intention of the parties hereto that the term “Grantor” or “Pledgor”, when used herein, shall apply to each of the amalgamating corporations and to the amalgamated or surviving corporation, such that the lien Liens granted hereby:
(a) shall extend to Collateral owned by each of the amalgamating corporations and the amalgamated corporations or surviving corporation at the time of amalgamation and to any Collateral thereafter owned or acquired by the amalgamated or surviving corporation, and
(b) shall secure all Obligations of each of the amalgamating corporations and the amalgamated corporations or surviving corporation to the Canadian Collateral Agent and the Canadian Facility Lenders at the time of amalgamation and all Obligations of the amalgamated or surviving corporation to the Canadian Collateral Agent and the Canadian Facility Lenders thereafter arising. The Lien Liens shall attach to all Collateral owned by each corporation amalgamating with Granting Party, and by the amalgamated or surviving corporation, at the time of the amalgamation, and shall attach to all Collateral thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 1 contract
Sources: Abl Canadian Guarantee and Collateral Agreement (Nci Building Systems Inc)
Amalgamation. Each Granting Party The Canadian Subsidiary Borrower acknowledges and agrees that, in the event it amalgamates that upon its amalgamation with any other company or companiesIndalex Limited, it is the intention of the parties hereto that the term the “GrantorCanadian Subsidiary Borrower” or “Pledgor”, when used herein, shall apply to each of the amalgamating corporations and to the amalgamated corporation, such that the lien Security Interest and Lien granted hereby:
(a) shall extend to all of the Collateral owned by each of the amalgamating corporations and the amalgamated corporations corporation at the time of amalgamation and to any Collateral thereafter owned or acquired by the amalgamated corporation, ; and
(b) shall secure all the Secured Obligations of each of the amalgamating corporations and the amalgamated corporations corporation to the Canadian Collateral Agent and the Lenders any Secured Party at the time of amalgamation and all Obligations any Secured Obligation of the amalgamated corporation to the Canadian Collateral Agent and the Lenders any Secured Party thereafter arising. The Lien Security Interest shall attach to all Collateral owned by each the corporation amalgamating with Granting Partythe Canadian Subsidiary Borrower, and by the amalgamated corporation, at the time of the amalgamation, and shall attach to all any Collateral thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 1 contract
Sources: Canadian Security Agreement (Indalex Holdings Finance Inc)
Amalgamation. Each Granting Party (a) The Borrower acknowledges and agrees that, in the event it amalgamates upon its amalgamation with any other company or companiesanother Person, it is the intention of the parties hereto that the term “Grantorthe Borrower” or “Pledgor”, when used herein, shall apply to each of the amalgamating corporations and to the amalgamated corporation, such that the lien Security Interest and Lien granted hereby:
(ai) shall extend to all of the Collateral owned by each of the amalgamating corporations and the amalgamated corporations corporation at the time of amalgamation and to any Collateral thereafter owned or acquired by the amalgamated corporation, ; and
(bii) shall secure all Obligations the Indebtedness of each of the amalgamating corporations and the amalgamated corporations corporation to the Canadian Collateral Agent and the Lenders any Secured Party at the time of amalgamation and all Obligations any Obligation of the amalgamated corporation to the Canadian Collateral Agent and the Lenders any Secured Party thereafter arising. .
(b) The Lien Security Interest shall attach to all Collateral owned by each the corporation amalgamating with Granting Party, the Borrower and by the amalgamated corporation, at the time of the amalgamation, and shall attach to all any Collateral thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 1 contract
Sources: Credit and Security Agreement (Delphax Technologies Inc)
Amalgamation. Each Granting Party Grantor acknowledges and agrees that, in the event it amalgamates with any other company corporation or companiescorporations, it is the intention of the parties hereto that the term “"Grantor” or “Pledgor”", when used herein, shall apply to each of the amalgamating corporations and to the amalgamated corporation, such that the lien security interest granted hereby:
(a) shall Shall extend to the Collateral owned by each of the amalgamating corporations and the amalgamated corporations corporation at the time of amalgamation and to any Collateral thereafter owned or acquired by the amalgamated corporation, and
(b) shall Shall secure all Obligations of each of the amalgamating corporations and the amalgamated corporations corporation to the Canadian Collateral Agent and the Lenders at the time of amalgamation and all Obligations of the amalgamated corporation to the Canadian Collateral Agent and the Lenders other Secured Parties thereafter arising. The Lien security interest shall attach to all Collateral owned by each corporation amalgamating with Granting Party, any debtor and by the amalgamated corporationcompany, at the time of the amalgamation, and shall attach to all Collateral thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 1 contract
Amalgamation. Each Granting Party Grantor acknowledges and agrees that, in the event it amalgamates with any other company corporation or companiescorporations, it is the intention of the parties hereto that the term “"Grantor” or “Pledgor”", when used herein, shall apply to each of the amalgamating corporations and to the amalgamated corporation, such that the lien security interest granted hereby:
(a) shall Shall extend to the Collateral owned by each of the amalgamating corporations and the amalgamated corporations corporation at the time of amalgamation and to any Collateral thereafter owned or acquired by the amalgamated corporation, and
(b) shall Shall secure all Obligations of each of the amalgamating corporations and the amalgamated corporations corporation to the Canadian Collateral Administrative Agent and the Lenders at the time of amalgamation and all Obligations of the amalgamated corporation to the Canadian Collateral Agent and the Lenders Secured Parties thereafter arising. The Lien security interest shall attach to all Collateral owned by each corporation amalgamating with Granting Party, any debtor and by the amalgamated corporationcompany, at the time of the amalgamation, and shall attach to all Collateral thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 1 contract
Sources: Guarantee and Collateral Agreement (Appleton Papers Inc/Wi)
Amalgamation. Each Granting Party Borrower acknowledges and agrees that, that in the event it amalgamates with any other company corporation or companies, corporations it is the intention of the parties hereto that the term “Grantor” or “Pledgor”, "Borrower" when used herein, herein shall apply to each of the amalgamating corporations and to the amalgamated corporation, such that the lien Security Interest granted hereby:
(a1) shall extend to Collateral "Collateral" (as that term is herein defined) owned by each of the amalgamating corporations and the amalgamated corporations corporation at the time of amalgamation and to any Collateral "Collateral" thereafter owned or acquired by the amalgamated corporation, and
(b2) shall secure all the Obligations of each of the amalgamating corporations and the amalgamated corporations corporation to the Canadian Collateral Agent Agents and the Lenders at the time of amalgamation and all Obligations of the amalgamated corporation to the Canadian Collateral Agent Agents and the Lenders thereafter arising. The Lien Security Interest shall attach to all Collateral "Collateral" owned by each corporation amalgamating with Granting PartyBorrower, and by the amalgamated corporation, at the time of the amalgamation, and shall attach to all Collateral any "Collateral" thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 1 contract
Sources: Security Agreement (Sr Telecom Inc)
Amalgamation. Each Granting Party The Grantor acknowledges and agrees that, in the event it amalgamates with any other company or companies, it is the intention of the parties hereto that the term “"Grantor” or “Pledgor”, " when used herein, shall apply to each of the amalgamating corporations and to the amalgamated corporation, such that the lien granted hereby:
(a) shall extend to Collateral owned by each of the amalgamating corporations and the amalgamated corporations at the time of amalgamation and to any Collateral thereafter owned or acquired by the amalgamated corporation, and
(b) shall secure all Obligations of each of the amalgamating corporations and the amalgamated corporations to the Canadian Collateral Agent and the Lenders Secured Parties at the time of amalgamation and all Obligations of the amalgamated corporation to the Canadian Collateral Agent and the Lenders Secured Parties thereafter arising. The Lien shall attach to all Collateral owned by each corporation amalgamating with Granting Partythe Grantor, and by the amalgamated corporation, at the time of the amalgamation, and shall attach to all Collateral thereafter owned or acquired by the amalgamated corporation when such becomes owned or is acquired.
Appears in 1 contract