Common use of Edvantage Software Clause in Contracts

Edvantage Software. Inc. will execute upon the later of (i) 21 days of the Unconditional Date and (ii) the date of the transfer of the shares in Riverdeep, Inc. by Riverdeep Interactive Learning Limited referred to in the KPMG Tax Structure Paper, a Stock Pledge Agreement over any shares in a direct Subsidiary.

Appears in 2 contracts

Sources: Mezzanine Loan Agreement (Ocallaghan Barry), Senior Credit Agreement (Ocallaghan Barry)