Common use of Entity Authorizations Clause in Contracts

Entity Authorizations. All certificates of equity interests which are being pledged as collateral pursuant to the Pledge Agreement shall be in the possession of Lender.

Appears in 1 contract

Sources: Credit Agreement (Elandia, Inc.)

Entity Authorizations. All certificates of equity interests which are being pledged as collateral pursuant to the Pledge Agreement shall be in the possession of LenderLender and all other requirements of applicable law shall be complied with (subject to the provisions of the Post Closing Agreement to be entered into in connection with the transactions contemplated hereby).

Appears in 1 contract

Sources: Credit Agreement (Elandia, Inc.)