Common use of Guarantee and Collateral Agreement Clause in Contracts

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Agreement, the Additional Pledgor, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under the Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 17 contracts

Samples: Guarantee and Collateral Agreement (Emergency Medical Services CORP), Credit Agreement (Emergency Medical Services CORP), Credit Agreement (Nci Building Systems Inc)

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Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 7 contracts

Samples: Guarantee and Collateral Agreement (Benefitfocus,Inc.), Credit Agreement (Sprinklr, Inc.), Credit Agreement (Organogenesis Holdings Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]2 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]3 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [ ] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],4 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 5 contracts

Samples: Assumption Agreement (Univar Inc.), Guarantee and Collateral Agreement (PharMEDium Healthcare Holdings, Inc.), Supplemental Agreement (Mauser Group B.V.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Agreement, the Additional Pledgor, as provided in Subsection subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under the Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection subsection 4.3 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 5 contracts

Samples: Intercreditor Agreement (Us LBM Holdings, Inc.), Guarantee and Collateral Agreement (Servicemaster Co, LLC), Guarantee and Collateral Agreement (Us LBM Holdings, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with the same force and effect as if originally named therein as a Granting Party and a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor](2) and, without limiting the generality of the foregoing, hereby expressly obligates itself with respect to the shares all obligations and liabilities of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto a Granting Party and will be bound by all termsa [Guarantor] [, conditions Grantor and duties applicable to a Pledgor under the Guarantee Pledgor] [and Collateral Agreement, as a Pledgor Grantor] [and Pledgor](3) thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [ ] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Granting Party and a Guarantor] [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],(4) contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 4 contracts

Samples: Intercreditor Agreement (Us LBM Holdings, Inc.), Assumption Agreement (Us LBM Holdings, Inc.), Intercreditor Agreement (Us LBM Holdings, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the] [each] Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]1 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]2 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [____________] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],3 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Nci Building Systems Inc), Guarantee and Collateral Agreement (Nci Building Systems Inc), Assumption Agreement (Nci Building Systems Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Agreement, the Additional Pledgor, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under the Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid valid, and binding obligation, enforceable against it in accordance with its terms.

Appears in 3 contracts

Samples: Guarantee and Collateral Agreement (Nci Building Systems Inc), Assumption Agreement (Nci Building Systems Inc), Guarantee and Collateral Agreement (Nci Building Systems Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Collateral Disclosure Letter (as defined in the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information). The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 2 contracts

Samples: Credit Agreement (CrowdStrike Holdings, Inc.), Credit Agreement (CrowdStrike Holdings, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity which case such representation and warranty was true and correct in all material respects as a Pledgor, contained in Subsection 5.3 of the such earlier date). Guarantee and & Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Monotype Imaging Holdings Inc.), Credit Agreement (Monotype Imaging Holdings Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGranting Party, as provided in Subsection Section 9.15 of the Canadian Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Canadian Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Guarantor [, Grantor and Pledgor] [and Grantor] [and Pledgor](1) and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a Guarantor [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor](2) thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules to the Canadian Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],(3) contained in Subsection 4.3 Section 4 of the Canadian Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Canadian Guarantee and Collateral Agreement, to the Canadian Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Section 3.1 of the Canadian Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Canadian Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection Section 3.3 of the Canadian Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 2 contracts

Samples: Canadian Guarantee and Collateral Agreement (Herc Holdings Inc), Canadian Guarantee and Collateral Agreement (Hertz Global Holdings Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGranting Party, as provided in Subsection 9.15 Section 8.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect the same force and effect as if originally named therein as a Guarantor [, Grantor and Granting Party] [and Grantor] [and Granting Party]2 and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor [, Grantor and Granting Party] [and Grantor] [and Granting Party]3 thereunder. Without limiting the generality of the foregoing, the Additional Granting Party hereby grants and pledges to the shares of Capital Stock Collateral Agent, as collateral security for the full payment (whether at stated maturity, by acceleration or otherwise) of the Subsidiary Obligations, a Lien on and security interest in, all of the Additional Pledgor listed in Annex 1 hereto its right, title and will be bound by all termsinterest in, conditions to and duties applicable to a Pledgor under the Guarantee Collateral and Collateral Agreementexpressly assumes all obligations and liabilities of a Guarantor [, as a Pledgor Grantor and Granting Party][and Grantor][and Granting Party] thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a PledgorGuarantor [, Grantor and Granting Party] [and Grantor] [and Granting Party],4 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor Grantor Party also hereby undertakes each of provides the covenants, authorizations set forth in its capacity as a Pledgor, contained in Subsection 5.3 Section 7.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and Agreement with respect to the same extent as provided in the Guarantee and Collateral Agreementfilings described therein (including, to without limitation, authorization for the Collateral Agent, for Agent to file Uniform Commercial Code financing statements describing the benefit of the Secured Parties, a continuing security interest Collateral as “all personal property” or “all assets,” in all of the Pledged Collateral of such Additional Pledgor each case “now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided the Grantor or in Subsection 3.3 of which the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement Grantor otherwise has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsrights”).

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Sirva Inc), Guarantee and Collateral Agreement (Sirva Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor](2) and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor](3) thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [ ] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],(4) contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 2 contracts

Samples: Credit Agreement (Emergency Medical Services CORP), Guarantee and Collateral Agreement (Emergency Medical Services CORP)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGranting Party, as provided in Subsection subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]7 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]8 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],9 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Atkore International Group Inc.), Guarantee and Collateral Agreement (Atkore International Group Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGuarantor, as provided in Subsection 9.15 Section 8.10 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor thereunder with respect the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. In furtherance of the foregoing, the Additional Guarantor, as security for the payment and performance in full of the Master Issuer Obligations, does (x) hereby create and grant to the shares of Capital Stock Trustee for the benefit of the Subsidiary Secured Parties a security interest in all of the Additional Pledgor listed Guarantor's right, title and interest in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Collateral of the Additional Guarantor in accordance with the terms of the Guarantee and Collateral AgreementAgreement and subject to the exceptions set forth therein and (y) jointly and severally, as unconditionally and irrevocably hereby guarantees to the Trustee, for the benefit of the Secured Parties, the prompt and complete payment and performance by the Master Issuer when due (whether at the stated maturity, by acceleration or otherwise, but after giving effect to all applicable grace periods) of the Master Issuer Obligations. Each reference to a Pledgor thereunder“Guarantor” in the Guarantee and Collateral Agreement shall be deemed to include the Additional Guarantor. The Guarantee and Collateral Agreement is hereby incorporated herein by reference. The information set forth in Annex 1 1-A hereto (A) is true and correct as of the date hereof in all material respects and (B) is hereby added to the information set forth in Schedule 2 4.5 to the Guarantee and Collateral Agreement, Agreement and such Schedule 2 is hereby amended and modified to include such informationshall be deemed so amended. The Additional Pledgor Guarantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement applicable to it is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Wendy's Co), Guarantee and Collateral Agreement (Jack in the Box Inc /New/)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]2 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]3 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [____________] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],4 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 2 contracts

Samples: Term Loan Guarantee and Collateral Agreement (Nci Building Systems Inc), Cash Flow Guarantee and Collateral Agreement (Nci Building Systems Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor](1) and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor](2) thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [ ] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],(3) contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Emergency Medical Services CORP), Credit Agreement (Emergency Medical Services CORP)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]2 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]3 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [____________] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],4 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 2 contracts

Samples: Credit Agreement (Nci Building Systems Inc), Guarantee and Collateral Agreement (Nci Building Systems Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Agreement, the Additional Pledgor, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under the Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement1-A hereto, as a Pledgor thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity capacities as a Pledgor, contained in Subsection Section 4.3 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Each Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Atkore International Group Inc.), Guarantee and Collateral Agreement (Atkore International Group Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGuarantor, as provided in Subsection 9.15 Section 8.11 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor thereunder with respect the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. In furtherance of the foregoing, the Additional Guarantor, as security for the payment and performance in full of the Obligations, does (x) hereby create and grant to the shares of Capital Stock Trustee for the benefit of the Subsidiary Secured Parties a security interest in all of the Additional Pledgor listed Guarantor’s right, title and interest in Annex 1 hereto and will be bound to the Collateral of the Additional Guarantor and (y) jointly and severally with the other Guarantors, unconditionally and irrevocably hereby guarantee the prompt and complete payment and performance by the Issuer when due (whether at the stated maturity by acceleration or otherwise, but after giving effect to all terms, conditions and duties applicable grace periods) of the Issuer Obligations. Each reference to a Pledgor under “Guarantor” in the Guarantee and Collateral Agreement, as a Pledgor thereunderAgreement shall be deemed to include the Additional Guarantor. The Guarantee and Collateral Agreement is hereby incorporated herein by reference. The information set forth in Annex 1 1-A hereto (A) is true and correct as of the date hereof in all material respects and (B) is hereby added to the information set forth in Schedule 2 4.5 to the Guarantee and Collateral Agreement, Agreement and such Schedule 2 is hereby amended and modified to include such informationshall be deemed so amended. The Additional Pledgor Guarantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement applicable to it is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (Driven Brands Holdings Inc.), Assumption Agreement (Driven Brands Holdings Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving Annex 1 effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 2 contracts

Samples: Credit Agreement (Alarm.com Holdings, Inc.), Credit Agreement (Alarm.com Holdings, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor] and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor] thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 Schedules [____________] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor] [and Grantor] [and Pledgor], contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent and the Administrative Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 2 contracts

Samples: Guarantee and Collateral Agreement (CHC Group Ltd.), Credit Agreement (CHC Group Ltd.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]2 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]3 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [____________] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a [Guarantor] [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],4 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Univar Solutions Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor](2) and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor](3) thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [ ] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor] [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],(4) contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Servicemaster Co, LLC)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGuarantor, as provided in Subsection 9.15 Section 8.11 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor thereunder with respect the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. In furtherance of the foregoing, the Additional Guarantor, as security for the payment and performance in full of the Co-Issuer Obligations, does (x) hereby create and grant to the shares of Capital Stock Trustee for the benefit of the Subsidiary Secured Parties a security interest in all of the Additional Pledgor listed Guarantor’s right, title and interest in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Collateral of the Additional Guarantor in accordance with the terms of the Guarantee and Collateral AgreementAgreement and subject to the exceptions set forth therein and (y) jointly and severally with the other Guarantors, as unconditionally and irrevocably hereby guarantee the prompt and complete payment and performance by the Co-Issuers when due (whether at the stated maturity, by acceleration or otherwise, but after giving effect to all applicable grace periods) of the Co-Issuer Obligations. Each reference to a Pledgor thereunder“Guarantor” in the Guarantee and Collateral Agreement shall be deemed to include the Additional Guarantor. The Guarantee and Collateral Agreement is hereby incorporated herein by reference. The information set forth in Annex 1 1-A hereto (A) is true and correct as of the date hereof in all material respects and (B) is hereby added to the information set forth in Schedule 2 4.5 to the Guarantee and Collateral Agreement, Agreement and such Schedule 2 is hereby amended and modified to include such informationshall be deemed so amended. The Additional Pledgor Guarantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement applicable to it is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Dine Brands Global, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty Annex 1 expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Organogenesis Holdings Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 9.14 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Grantor and Guarantor thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Grantor and Guarantor and, without limiting the generality of the Subsidiary foregoing, hereby expressly agrees to all terms and provisions of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, Agreement applicable to it as a Pledgor Grantor and Subsidiary Guarantor thereunder and assumes all obligations and liabilities of a Grantor and Guarantor thereunder, subject to the limitations contained therein. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules 1 through 8 to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as of the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except for representations and warranties expressly stated to relate to a specific earlier date, in which case such representations and warranties shall be true and correct in all material respects as of such earlier date). The Additional Pledgor Grantor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee assigns and Collateral Agreement. The Additional Pledgor hereby grants, as and transfers to the same extent as provided in the Guarantee Agent, and Collateral Agreement, hereby grants to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor Grantor’s right, title and interest in and to all of the Collateral wherever located and whether now owned or at any time hereafter acquired by such PledgorGrantor or in which such Additional Grantor now has or at any time in the future may acquire any right, title or interest, as collateral security for the prompt and complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Guaranteed Obligations; provided, however, that no Additional Guarantor described in clause (d) or (e) of the definition of Excluded Subsidiary shall be required to guarantee or make any payments in respect of any US Borrower Obligations, and provided further, that no assets that are described in clauses (8), (13) or (15) of the definition of Excluded Assets shall be used to secure any Proceeds thereof, except as provided US Borrower Obligations. Each reference to a “Grantor” or a “Guarantor” in Subsection 3.3 of the Guarantee and Collateral AgreementAgreement shall be deemed to include the Additional Grantor. The Additional Pledgor represents Guarantee and warrants to Collateral Agreement is hereby incorporated herein by reference. Except as expressly supplemented hereby, the Guarantee and Collateral Agent Agreement shall remain in full force and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termseffect.

Appears in 1 contract

Samples: Intercreditor Agreement (Forterra, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the each Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of such Additional Grantor’s right, title and interest in any and to all Collateral of the Additional Pledgor listed Grantor, in Annex 1 hereto each case whether now owned or hereafter acquired or in which such Additional Grantor now has or hereafter acquires an interest and will wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Each Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 1 contract

Samples: Assumption Agreement (TransMedics Group, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Grantor thereunder with respect the same force and effect as if originally named therein as a Guarantor [, Grantor and Granting Party]2 [and Grantor] [and Granting Party] and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor [, Grantor and Granting Party] [and Grantor] [and Granting Party]3 thereunder. Without limiting the generality of the foregoing, the Additional Grantor hereby grants and pledges to the shares of Capital Stock Agent, as collateral security for the full payment (whether at stated maturity, by acceleration or otherwise) of the Subsidiary Obligations, a Lien on and security interest in, all of the Additional Pledgor listed in Annex 1 hereto its right, title and will be bound by all termsinterest in, conditions to and duties applicable to a Pledgor under the Guarantee Collateral and Collateral Agreementexpressly assumes all obligations and liabilities of a Guarantor [, as a Pledgor Grantor and Granting Party][and Grantor][and Granting Party] thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional PledgorGrantor, in its capacity capacities as a PledgorGuarantor [, Grantor and Granting Party] [and Grantor] [and Granting Party],4 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor Grantor Party also hereby undertakes each of provides the covenants, authorizations set forth in its capacity as a Pledgor, contained in Subsection 5.3 Section 7.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and Agreement with respect to the same extent as provided in filings described therein (including, without limitation, authorization for the Guarantee and Collateral Agreement, Agent to file Uniform Commercial Code financing statements describing the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest as “all personal property” or “all assets,” in all of the Pledged Collateral of such Additional Pledgor each case “now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided the Grantor or in Subsection 3.3 of which the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement Grantor otherwise has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsrights”).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Sirva Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the Guarantee and Collateral Upon execution of this Agreement, Borrower shall provide the Administrative Agent with an updated Perfection Certificate of the Borrower and such Schedule 2 is hereby amended and modified to include such informationAdditional Grantor. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (XOOM Corp)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]6 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]7 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [ ] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],8 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Intercreditor Agreement (PharMEDium Healthcare Holdings, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 9.14 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Grantor and a Guarantor thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the Subsidiary foregoing, hereby expressly (a) assumes all obligations and liabilities of a Grantor and a Guarantor thereunder; (b) guarantees the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable Obligations pursuant to a Pledgor under Article 2 of the Guarantee and Collateral Agreement; and (c) grants to the Administrative Agent, for the ratable benefit of the Secured Parties, a security interest in such Additional Grantor’s right, title and interest in and to the Collateral, wherever located and whether now owned or at any time hereafter acquired by the Additional Grantor or in which the Additional Grantor now has or at any time in the future may acquire any right, title or interest, as a Pledgor thereundersecurity for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the Additional Grantor’s Secured Obligations. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Article 4 of the Guarantee and Collateral Agreement Agreement, as they relate to the Additional Grantor and its Collateral, is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Credit Agreement (Riviera Resources, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunderand (c) jointly and severally, unconditionally and irrevocably, guarantees to the Administrative Agent, for the benefit of the Secured Parties and their respective successors, indorsees, transferees and assigns, the prompt and complete payment and performance by the Borrowers and the other Loan Parties when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by Annex 1 materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Fitbit Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental AgreementAmendment, New Parent Guarantor (a) hereby becomes a party to the Additional PledgorGuarantee and Collateral Agreement as a “Grantor” and “Guarantor” thereunder with the same force and effect as if originally named therein as a Grantor and Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and Guarantor thereunder and under the other Loan Documents, and (b) hereby grants to the Administrative Agent, for the ratable benefit of the Secured Parties, as provided security for the Obligations, a security interest in Subsection 9.15 all of such Person’s right, title and interest in any and to all Collateral of such Person, in each case whether now owned or hereafter acquired or in which such Person now has or hereafter acquires an interest and wherever the same may be located, but subject in all respects to the terms, conditions and exclusions set forth in the Guarantee and Collateral Agreement, hereby becomes a Pledgor under . The schedules to the Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, are hereby supplemented as a Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such informationExhibit A attached hereto. The Additional Pledgor New Parent Guarantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct in all material respects respects, and (y) that is not qualified by materiality, is true and correct in all respects, in each case, on and as the date hereof (after giving effect to this Supplemental AgreementAmendment) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained which case such representation and warranty was true and correct in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grantsall material respects (or all respects, as and to the same extent applicable) as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreementearlier date). The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms4.

Appears in 1 contract

Samples: Credit Agreement (Privia Health Group, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGuarantor, as provided in Subsection 9.15 Section 8.11 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor thereunder with respect the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. In furtherance of the foregoing, the Additional Guarantor, as security for the payment and performance in full of the Obligations, does (x) hereby create and grant to the shares of Capital Stock Trustee for the benefit of the Subsidiary Secured Parties a security interest in all of the Additional Pledgor listed Guarantor’s right, title and interest in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Collateral of the Additional Guarantor in accordance with the terms of the Guarantee and Collateral AgreementAgreement and subject to the exceptions set forth therein and (y) jointly and severally with the other Guarantors, as unconditionally and irrevocably hereby guarantee to the Trustee, for the benefit of the Secured Parties, the prompt and complete payment and performance by the Issuer when due (whether at the stated maturity, by acceleration or otherwise, but after giving effect to all applicable grace periods) of the Issuer Obligations. Each reference to a Pledgor thereunder“Guarantor” in the Guarantee and Collateral Agreement shall be deemed to include the Additional Guarantor. The Guarantee and Collateral Agreement is hereby incorporated herein by reference. The information set forth in Annex 1 1-A hereto (A) is true and correct as of the date hereof in all material respects and (B) is hereby added to the information set forth in Schedule 2 4.5 to the Guarantee and Collateral Agreement, Agreement and such Schedule 2 is hereby amended and modified to include such informationshall be deemed so amended. The Additional Pledgor Guarantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement applicable to it is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Wingstop Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental AgreementAmendment, (a) the Additional PledgorNew Borrower hereby becomes a party to the Guarantee and Collateral Agreement as a “Grantor” thereunder with the same force and effect as if originally named therein as a Grantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a “Grantor” thereunder and under the other Loan Documents, and (b) the New Borrower hereby grants to the Administrative Agent, for the ratable benefit of the Secured Parties, as provided security for the Obligations, a security interest in Subsection 9.15 all of the New Borrower’s right, title and interest in any and to all Collateral of the New Borrower, in each case whether now owned or hereafter acquired or in which the New Borrower now has or hereafter acquires an interest and wherever the same may be located, but subject in all respects to the terms, conditions and exclusions set forth in the Guarantee and Collateral Agreement, hereby becomes a Pledgor under the Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor New Borrower hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct in all respects, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental AgreementAmendment) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date, in which case such representation and warranty was true and correct in all material respects as of such earlier date). The Additional Pledgor hereby undertakes each parties hereto acknowledge and agree that the provisions of this paragraph 4 constitute the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 delivery by the New Borrower of an “Assumption Agreement” pursuant to the requirements of Section 8.14 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Credit Agreement (Organogenesis Holdings Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 10.13 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Grantor and a Guarantor thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the Subsidiary foregoing, hereby expressly (a) assumes all obligations and liabilities of a Grantor and a Guarantor thereunder; (b) guarantees the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable Primary Obligations pursuant to a Pledgor under Article II of the Guarantee and Collateral Agreement; and (c) grants to the Administrative Agent, for the ratable benefit of the Guaranteed Creditors, a security interest in such Additional Grantor’s right, title and interest in and to the Collateral, wherever located and whether now owned or at any time hereafter acquired by the Additional Grantor or in which the Additional Grantor now has or at any time in the future may acquire any right, title or interest, as a Pledgor thereundersecurity for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the Secured Obligations. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules 1 through 5 to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Article V of the Guarantee and Collateral Agreement is Agreement, as they relate to the Additional Grantor and its Collateral, are true and correct in all material respects on (unless already qualified by materiality in which case such applicable representation and as the date hereof (after giving effect to this Supplemental Agreement) as if made on warranty shall be true and as of correct), provided that each reference in each such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee representation and Collateral Agreement. The Additional Pledgor hereby grants, as and warranty to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral AgentBorrower’s or another Grantor’s knowledge shall, for the benefit of the Secured Partiespurposes hereof, be deemed to be a continuing security interest in all of the Pledged Collateral of reference to such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsGrantor’s knowledge.

Appears in 1 contract

Samples: Guaranty and Collateral Agreement (EV Energy Partners, LP)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [Borrower and Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]2 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [Borrower and will be bound by all termsGuarantor] [, conditions Grantor and duties applicable to a Pledgor under the Guarantee Pledgor] [and Collateral Agreement, as a Pledgor Grantor] [and Pledgor]3 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [_________] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [Borrower and Guarantor] [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],4 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Term Loan Guarantee and Collateral Agreement (Univar Solutions Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Agreement, the Additional Pledgor, as provided in Subsection subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under the Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, as a [***] Certain information in this document has been omitted and filed separately with the Securities and Exchange Commission. Confidential treatment has been requested with respect to the omitted portions. Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection subsection 4.3 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Credit Agreement (Aimmune Therapeutics, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in any and to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be located, but subject in all Annex 1 hereto and will be bound by all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (RhythmOne PLC)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Annex 3-1 39 Agreement, the Additional Pledgor, as provided in Subsection 9.15 of the Guarantee and 40 Collateral Agreement, hereby becomes a Pledgor under the Guarantee and Collateral Agreement 41 with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in 42 Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor 43 under the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set 44 forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the 45 Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to 46 include such information. The Additional Pledgor hereby represents and warrants that each of 47 the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, 48 contained in Subsection 4.3 of the Guarantee and Collateral Agreement is true and correct in all 49 material respects on and as the date hereof (after giving effect to this Supplemental Agreement) 50 as if made on and as of such date. The Additional Pledgor hereby undertakes each of the 51 covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and 52 Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as 53 provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of 54 the Secured Parties, a continuing security interest in all of the Pledged Collateral of such 55 Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any 56 Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral 57 Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the 58 other Secured Parties that this Supplemental Agreement has been duly authorized, executed and 59 delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in 60 accordance with its terms.

Appears in 1 contract

Samples: Term Loan Guarantee and Collateral Agreement (Univar Solutions Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGuarantor, as provided in Subsection 9.15 Section 8.11 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor thereunder with respect the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. In furtherance of the foregoing, the Additional Guarantor, as security for the payment and performance in full of the Obligations, does (x) hereby create and grant to the shares of Capital Stock Trustee for the benefit of the Subsidiary Secured Parties a security interest in all of the Additional Pledgor listed Guarantor’s right, title and interest in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Collateral of the Additional Guarantor in accordance with the terms of the Guarantee and Collateral AgreementAgreement and subject to the exceptions set forth therein and (y) jointly and severally with the other Guarantors, as unconditionally and irrevocably hereby guarantee to the Trustee, for the benefit of the Secured Parties, the prompt and complete payment and performance by the Issuer when due (whether at the stated maturity, by acceleration or otherwise, but after giving effect to all applicable grace periods) of the Issuer Obligations. Each reference to a Pledgor thereunder“Guarantor” in the Guarantee and Collateral Agreement shall be deemed to include the Additional Guarantor. The Guarantee and Collateral Agreement is hereby incorporated herein by reference. The information set forth in Annex 1 1-A hereto (A) is true and correct as of the date hereof in all material respects and (B) is hereby added to the information set forth in Schedule 2 to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.Schedule

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Wingstop Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the each Additional PledgorGrantor, as provided in Subsection subsection 9.15 of the U.S. Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the U.S. Guarantee and Collateral Agreement as a Guarantor, Grantor and, except for AP RE LLC, Pledgor thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Guarantor, Grantor and, except for AP RE LLC, Pledgor and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto and will be bound by all termsa Guarantor, conditions and duties applicable to a Pledgor under the Guarantee and Collateral AgreementGrantor and, as a except for AP RE LLC, Pledgor thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules 1, 2, 3, 4, and 5 to the U.S. Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Each Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional PledgorGrantor, in its capacity capacities as a Guarantor, Grantor and, except for AP RE LLC, Pledgor, contained in Subsection 4.3 Section 4 of the U.S. Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the U.S. Guarantee and Collateral Agreement, to the U.S. ABL Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the Collateral (as such term is defined in Section 3.1 of the U.S. Guarantee and Collateral Agreement) and, except for AP RE LLC, the Pledged Collateral (as such term is defined in the U.S. Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection Section 3.3 of the U.S. Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Assumption Agreement (Hd Supply, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunderand (c) jointly and severally, unconditionally and irrevocably, guarantees to the Administrative Agent, for the benefit of the Secured Parties and their respective successors, indorsees, transferees and assigns, the prompt and complete payment and performance by the Borrowers and the other Loan Parties when due (whether at the stated maturity, by acceleration or otherwise) of the Secured Obligations. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Fitbit Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Agreement, the Additional Pledgor, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under the Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as of the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Annex 3-1 Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Univar Solutions Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection subsection 9.15 of the ABL Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the ABL Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Granting Party and a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]2 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a Granting Party and will be bound by all termsa [Guarantor] [, conditions Grantor and duties applicable to a Pledgor under the Guarantee Pledgor] [and Collateral Agreement, as a Pledgor Grantor] [and Pledgor]3 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [ ] to the ABL Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Granting Party and a Guarantor] [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],4 contained in Subsection 4.3 Section 4 of the ABL Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the ABL Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in subsection 3.1 of the ABL Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the ABL Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection subsection 3.3 of the ABL Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Uci Holdings LTD)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.13 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreementearlier date). The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.Annex 1

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Ultra Clean Holdings Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGuarantor, as provided in Subsection 9.15 Section 8.10 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor thereunder with respect the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. In furtherance of the foregoing, the Additional Guarantor, as security for the payment and performance in full of the Master Issuer Obligations, does (x) hereby create and grant to the shares of Capital Stock Trustee for the benefit of the Subsidiary Secured Parties a security interest in all of the Additional Pledgor listed Guarantor’s right, title and interest in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Collateral of the Additional Guarantor in accordance with the terms of the Guarantee and Collateral AgreementAgreement and subject to the exceptions set forth therein and (y) jointly and severally, as unconditionally and irrevocably hereby guarantees to the Trustee, for the benefit of the Secured Parties, the prompt and complete payment and performance by the Master Issuer when due (whether at the stated maturity, by acceleration or otherwise, but after giving effect to all applicable grace periods) of the Master Issuer Obligations. Each reference to a Pledgor thereunder“Guarantor” in the Guarantee and Collateral Agreement shall be deemed to include the Additional Guarantor. The Guarantee and Collateral Agreement is hereby incorporated herein by reference. The information set forth in Annex 1 1-A hereto (A) is true and correct as of the date hereof in all material respects and (B) is hereby added to the information set forth in Schedule 2 4.5 to the Guarantee and Collateral Agreement, Agreement and such Schedule 2 is hereby amended and modified to include such informationshall be deemed so amended. The Additional Pledgor Guarantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement applicable to it is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Planet Fitness, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGranting Party, as provided in Subsection 9.15 of the Term Loan Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Term Loan Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]2 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]3 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [ ] to the Term Loan Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],4 contained in Subsection 4.3 Section 4 of the Term Loan Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Term Loan Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Term Loan Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Term Loan Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Term Loan Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Term Loan Guarantee and Collateral Agreement (SiteOne Landscape Supply, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGuarantor, as provided in Subsection 9.15 Section 8.11 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor thereunder with respect the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. In furtherance of the foregoing, the Additional Guarantor, as security for the payment and performance in full of the Issuer Obligations, does (x) hereby create and grant to the shares of Capital Stock Trustee for the benefit of the Subsidiary Secured Parties a security interest in all of the Additional Pledgor listed Guarantor’s right, title and interest in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Collateral of the Additional Guarantor in accordance with the terms of the Guarantee and Collateral AgreementAgreement and subject to the exceptions set forth therein and (y) jointly and severally with the other Guarantors, as unconditionally and irrevocably hereby guarantee the prompt and complete payment and performance by the Issuer when due (whether at the stated maturity, by acceleration or otherwise, but after giving effect to all applicable grace periods) of the Issuer Obligations. Each reference to a Pledgor thereunder“Guarantor” in the Guarantee and Collateral Agreement shall be deemed to include the Additional Guarantor. The Guarantee and Collateral Agreement is hereby incorporated herein by reference. The information set forth in Annex 1 1-A hereto (A) is true and correct as of the date hereof in all material respects and (B) is hereby added to the information set forth in Schedule 2 4.5 to the Guarantee and Collateral Agreement, Agreement and such Schedule 2 is hereby amended and modified to include such informationshall be deemed so amended. The Additional Pledgor Guarantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement applicable to it is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. [The Additional Pledgor hereby undertakes each of the covenants, in its capacity Guarantor is designated as [a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, Franchise Entity] [an IP Guarantor] [a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsCompany Restaurant Guarantor].]

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Fat Brands, Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGuarantor, as provided in Subsection 9.15 Section 8.11 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor thereunder with respect the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. In furtherance of the foregoing, the Additional Guarantor, as security for the payment and performance in full of the Issuer Obligations, does (x) hereby create and grant to the shares of Capital Stock Trustee for the benefit of the Subsidiary Secured Parties a security interest in all of the Additional Pledgor listed Guarantor’s right, title and interest in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Collateral of the Additional Guarantor in accordance with the terms of the Guarantee and Collateral AgreementAgreement and subject to the exceptions set forth therein and (y) jointly and severally with the other Guarantors, as unconditionally and irrevocably hereby guarantee the prompt and complete payment and performance by the Issuer when due (whether at the stated maturity, by acceleration or otherwise, but after giving effect to all applicable grace periods) of the Issuer Obligations. Each reference to a Pledgor thereunder“Guarantor” in the Guarantee and Collateral Agreement shall be deemed to include the Additional Guarantor. The Guarantee and Collateral Agreement is hereby incorporated herein by reference. The information set forth in Annex 1 1-A hereto (A) is true and correct as of the date hereof in all material respects and (B) is hereby added to the information set forth in Schedule 2 4.5 to the Guarantee and Collateral Agreement, Agreement and such Schedule 2 is hereby amended and modified to include such informationshall be deemed so amended. The Additional Pledgor Guarantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement applicable to it is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. [The Additional Pledgor hereby undertakes each of the covenants, in its capacity Guarantor is designated as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms[Fazoli’s] [Native] [Franchise Entity] [IP Guarantor] [Company Restaurant Guarantor].]

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Fat Brands, Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorSubsidiary Guarantor, as provided in Subsection 9.15 Section 8.11 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor thereunder with respect the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. In furtherance of the foregoing, the Additional Subsidiary Guarantor, as security for the payment and performance in full of the Obligations, does (x) hereby create and grant to the shares of Capital Stock Trustee for the benefit of the Subsidiary Secured Parties a security interest in all of the Additional Pledgor listed Subsidiary Guarantor’s right, title and interest in Annex 1 hereto and will be bound to the Collateral of the Additional Subsidiary Guarantor and (y) jointly and severally with the other Guarantors, unconditionally and irrevocably hereby guarantee the prompt and complete payment and performance by all terms, conditions and duties applicable the Co-Issuers when due (whether at the stated maturity by acceleration or otherwise) of the Co-Issuer Obligations. Each reference to a Pledgor under “Guarantor” in the Guarantee and Collateral Agreement, as a Pledgor thereunderAgreement shall be deemed to include the Additional Subsidiary Guarantor. The Guarantee and Collateral Agreement is hereby incorporated herein by reference. The information set forth in Annex 1 1-A hereto (A) is true and correct as of the date hereof in all material respects and (B) is hereby added to the information set forth in Schedule 2 4.5 to the Guarantee and Collateral Agreement, Agreement and such Schedule 2 is hereby amended and modified to include such informationshall be deemed so amended. The Additional Pledgor Subsidiary Guarantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement applicable to it is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Dominos Pizza Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection Section 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Guarantor[, Grantor and Pledgor] [and Grantor] [and Pledgor]1 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a Guarantor[, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]2 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules to _________________the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor[, Grantor and Pledgor, ] [and Grantor] [and Pledgor],3 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement Agreement, is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Common Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Section 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection Section 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Hertz Corp)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Grantor thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Guarantor [, Grantor and Pledgor] [and Grantor] [and Pledgor]3 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a Guarantor [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]4 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional PledgorGrantor, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],5 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Section 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection Section 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Credit Agreement (Hd Supply, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 9.22 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor and Grantor thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Guarantor and Grantor and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a Guarantor and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, as a Pledgor Grantor thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Exhibits A through E to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby grants to the Agent, for the benefit of the Secured Parties, as collateral security for the prompt and complete payment or performance when due of the Obligations, a security interest in all of the Collateral (it being understood that, as provided in the Guarantee and Collateral Agreement, “Collateral” does not include any Excluded Property). The Additional Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Article IV of the Guarantee and Collateral Agreement is true and correct in all material respects with respect to the Additional Grantor (other than in the case of representations qualified by materiality, in which case the Additional Grantor hereby represents and warrants that such representations and warranties are true and correct with respect to the Additional Grantor in all respects) on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The date.1 1 To the extent applicable, such Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided Grantor shall also provide an Amendment in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit form of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.Exhibit F

Appears in 1 contract

Samples: Loan Agreement (Horizon Global Corp)

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Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that Annex 1 each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Benefitfocus,Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof Annex 1 (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Alarm.com Holdings, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGuarantor, as provided in Subsection 9.15 Section 8.11 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor thereunder with respect the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. In furtherance of the foregoing, the Additional Guarantor, as security for the payment and performance in full of the Obligations, does (x) hereby create and grant to the shares of Capital Stock Trustee for the benefit of the Subsidiary Secured Parties a security interest in all of the Additional Pledgor listed Guarantor’s right, title and interest in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Collateral of the Additional Guarantor in accordance with the terms of the Guarantee and Collateral AgreementAgreement and subject to the exceptions set forth therein and (y) jointly and severally with the other Guarantors, as unconditionally and irrevocably hereby guarantee the prompt and complete payment and performance by the Issuer when due (whether at the stated maturity, by acceleration or otherwise, but after giving effect to all applicable grace periods) of the Issuer Obligations. Each reference to a Pledgor thereunder“Guarantor” in the Guarantee and Collateral Agreement shall be deemed to include the Additional Guarantor. The Guarantee and Collateral Agreement is hereby incorporated herein by reference. The information set forth in Annex 1 1-A hereto (A) is true and correct as of the date hereof in all material respects and (B) is hereby added to the information set forth in Schedule 2 4.5 to the Guarantee and Collateral Agreement, Agreement and such Schedule 2 is hereby amended and modified to include such informationshall be deemed so amended. The Additional Pledgor Guarantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement applicable to it is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Yum Brands Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]14 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]15 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [ ] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],16 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Intercreditor Agreement (PharMEDium Healthcare Holdings, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGuarantor, as provided in Subsection 9.15 Section 8.11 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor thereunder with respect the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. In furtherance of the foregoing, the Additional Guarantor, as security for the payment and performance in full of the Obligations, does (x) hereby create and grant to the shares of Capital Stock Trustee for the benefit of the Subsidiary Secured Parties a security interest in all of the Additional Pledgor listed Guarantor’s right, title and interest in Annex 1 hereto and will be bound to the Collateral of the Additional Guarantor and (y) jointly and severally with the other Guarantors, unconditionally and irrevocably hereby guarantee the prompt and complete payment and performance by the Co-Issuers when due (whether at the stated maturity by acceleration or otherwise, but after giving effect to all terms, conditions and duties applicable grace periods) of the Co-Issuer Obligations. Each reference to a Pledgor under “Guarantor” in the Guarantee and Collateral Agreement, as a Pledgor thereunderAgreement shall be deemed to include the Additional Guarantor. The Guarantee and Collateral Agreement is hereby incorporated herein by reference. The information set forth in Annex 1 1-A hereto (A) is true and correct as of the date hereof in all material respects and (B) is hereby added to the information set forth in Schedule 2 4.5 to the Guarantee and Collateral Agreement, Agreement and such Schedule 2 is hereby amended and modified to include such informationshall be deemed so amended. The Additional Pledgor Guarantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement applicable to it is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (DineEquity, Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreementsubsection 9.15, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]1 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]2 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],3 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Unistrut International Holdings, LLC)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Amended and Restated Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Amended and Restated Guarantee and Collateral Agreement as a Grantor thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Grantor and, without limiting the generality of the Subsidiary of foregoing, hereby (a) expressly guarantees the Additional Pledgor listed Borrower Obligations (as defined in Annex 1 hereto the Amended and will be bound by all terms, conditions and duties applicable to a Pledgor under the Restated Guarantee and Collateral Agreement) as set forth in Section 2 thereof, other than any Excluded Swap Obligations (b) grants the Administrative Agent, for the benefit of the Secured Parties, a security interest in its right, title and interest in the Collateral (as defined in the Amended and Restated Guarantee and Collateral Agreement) to secure its Obligations, (c) authorizes the filing of financing statements as set forth in Section 7.3 thereof and (d) assumes all other obligations and liabilities of a Pledgor thereunderGrantor set forth therein. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [ ]* to the Amended and Restated Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Amended and Restated Guarantee and Collateral Agreement Agreement, as they relate to such Additional Grantor, is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Credit Agreement (KAR Auction Services, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Agreement, the Additional Pledgor, as provided in Subsection 9.15 of the ABL Guarantee and Collateral Agreement, hereby becomes a Pledgor under the ABL Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the ABL Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the ABL Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 of the ABL Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the ABL Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the ABL Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the ABL Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (SiteOne Landscape Supply, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in Guarantee & Collateral Agreement which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Barracuda Networks Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Agreement, the Additional Pledgor, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under the Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the Annex 3-1 covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Univar Solutions Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreementsubsection 9.15, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]18 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]19 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],20 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Intercreditor Agreement (Atkore International Group Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 9.14 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Grantor and a Guarantor thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the Subsidiary foregoing, hereby expressly (a) assumes all obligations and liabilities of a Grantor and a Guarantor thereunder; (b) guarantees the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable Obligations pursuant to a Pledgor under Article 2 of the Guarantee and Collateral Agreement; and (c) grants to the Administrative Agent, for the ratable benefit of the Secured Persons, a security interest in such Additional Grantor’s right, title and interest in and to the Collateral, wherever located and whether now owned or at any time hereafter acquired by the Additional Grantor or in which the Additional Grantor now has or at any time in the future may acquire any right, title or interest, as a Pledgor thereundersecurity for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the Additional Grantor’s Secured Obligations. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Article 4 of the Guarantee and Collateral Agreement Agreement, as they relate to the Additional Grantor and its Collateral, is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of , except to the covenantsextent that such representations and warranties specifically refer to an earlier date, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case they shall be true and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at earlier date (except that any time hereafter acquired by such Pledgor, representations and any Proceeds thereof, except as provided warranties that are qualified materially shall be true and correct in Subsection 3.3 of the Guarantee and Collateral Agreementall respects). The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.Annex 2 - 1

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (AMERICAN EAGLE ENERGY Corp)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 9.22 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor and Grantor thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Guarantor and Grantor and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a Guarantor and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, as a Pledgor Grantor thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Exhibits A through E to the Guarantee and Collateral Agreement, Agreement and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, grants to the Collateral Agent, for the benefit of the Secured Parties, as collateral security for the prompt and complete payment or performance when due of the Obligations, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor(it being understood that, and any Proceeds thereof, except as provided in Subsection 3.3 the Guarantee and Collateral Agreement, “Collateral” does not include any Excluded Property). The Additional Grantor hereby represents and warrants that each of the representations and warranties contained in Article IV of the Guarantee and Collateral Agreement with respect to itself is true and correct in all material respects (other than in the case of representations qualified by materiality, in which case such representations shall be true and correct) on and as the date hereof (after giving effect to this Assumption Agreement. The ) as if made on and as of such date.1 1 To the extent applicable, such Additional Pledgor represents and warrants to Grantor shall also provide an Amendment in the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.form of Exhibit F

Appears in 1 contract

Samples: Credit Agreement (Horizon Global Corp)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection subsection 9.15 of the ABL Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the ABL Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Granting Party and a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor](2) and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a Granting Party and will be bound by all termsa [Guarantor] [, conditions Grantor and duties applicable to a Pledgor under the Guarantee Pledgor] [and Collateral Agreement, as a Pledgor Grantor] [and Pledgor](3) thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [ ] to the ABL Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Granting Party and a Guarantor] [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],(4) contained in Subsection 4.3 Section 4 of the ABL Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the ABL Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in subsection 3.1 of the ABL Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the ABL Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection subsection 3.3 of the ABL Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Financing Statement Follow Instructions (Us LBM Holdings, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Collateral Agent, for its benefit and the benefit of the Subsidiary other Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Rightside Group, Ltd.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGranting Party, as provided in Subsection Section 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Guarantor [, Grantor and Pledgor] [and Grantor] [and Pledgor](1) and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a Guarantor [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor](2) thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],(3) contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Section 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection Section 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Hertz Corp)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection Section 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Guarantor[, Grantor and Pledgor] [and Grantor] [and Pledgor] 1 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a Guarantor[, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor] 2 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules ____________ to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor[, Grantor and Pledgor] [and Grantor] [and Pledgor], 3 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement Agreement, is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Section 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection Section 3.3 of the Guarantee and Collateral Agreement]. The 1 Indicate the capacities in which the Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsGranting Party is becoming a Grantor.

Appears in 1 contract

Samples: Credit Agreement (Hertz Corp)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.13 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, (b) hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (c) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, as a Pledgor thereunderlocated. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Extreme Networks Inc)

Guarantee and Collateral Agreement. By executing and delivering this Assumption and Supplemental Agreement, the (a) each Additional PledgorU.S. Granting Party, as provided in Subsection subsection 9.15 of the U.S. Guarantee and Collateral Agreement, hereby becomes a party to the U.S. Guarantee and Collateral Agreement as a U.S. Granting Party thereunder with the same force and effect as if originally named therein as a U.S. Guarantor, U.S. Grantor and U.S. Pledgor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a U.S. Guarantor, U.S. Grantor and U.S. Pledgor thereunder and (b) Holding hereby becomes a U.S. Pledgor under the U.S. Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor Holding listed in Annex 1 hereto 1-A hereto, and will be bound by all terms, conditions and duties applicable to a U.S. Pledgor under the U.S. Guarantee and Collateral Agreement, as a U.S. Pledgor thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules 1, 2, 3, 4A, 4B, 5, 6 and 7 to the U.S. Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Each Additional Pledgor U.S. Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorU.S. Granting Party, in its capacity capacities as a U.S. Guarantor, U.S. Grantor and U.S. Pledgor, contained in Subsection 4.3 Section 4 of the U.S. Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Assumption and Supplemental Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor U.S. Granting Party hereby grants, as and to the same extent as provided in the U.S. Guarantee and Collateral Agreement, to the ABL Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the Collateral (as such term is defined in subsection 3.1 of the U.S. Guarantee and Collateral Agreement) of such Additional U.S. Granting Party and the Pledged Collateral (as such term is defined in the U.S. Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofU.S. Granting Party, except as provided in Subsection subsection 3.3 of the U.S. Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Assumption and Supplemental Agreement (Veritiv Corp)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection Section 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Guarantor[, Grantor and Pledgor] [and Grantor] [and Pledgor](1) and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a Guarantor[, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor](2) thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor[, Grantor and Pledgor, ] [and Grantor] [and Pledgor],(3) contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement Agreement, is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Section 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection Section 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Hertz Global Holdings, Inc)

Guarantee and Collateral Agreement. By executing GUARANTEE AND COLLATERAL AGREEMENT dated as of December 13, 2019 (as amended, restated, supplemented and/or otherwise modified from time to time, this “Agreement”), by and delivering this Supplemental Agreementamong SMART SAND, INC., a Delaware corporation, as Administrative Loan Party (the “Administrative Loan Party”), and its Subsidiaries party hereto on the date hereof or otherwise party hereto from time to time by execution of a Joinder Agreement (the Administrative Loan Party and such Subsidiaries, collectively, the Additional Pledgor“Grantors” and each, a “Grantor”), and JEFFERIES FINANCE LLC, as provided Agent for the Secured Parties (in Subsection 9.15 of such capacity, and together with its successors and permitted assigns in such capacity, the Guarantee and Collateral Agreement, hereby becomes a Pledgor under the Guarantee and Collateral Agreement with respect “Agent”). Reference is made to the shares ABL Credit Agreement dated as of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect as amended, restated, supplemented and/or otherwise modified from time to this Supplemental time, the “Credit Agreement) ”), by and among the Administrative Loan Party and the other Borrowers party thereto (collectively, with Administrative Loan Party, the “Borrowers” and each, a “Borrower”), the Guarantors party thereto, Jefferies Finance LLC, as if made on Agent, each Issuing Bank and as of such dateeach lender from time to time party thereto (collectively, the “Lenders”). The Additional Pledgor hereby undertakes each of Lenders and the covenants, Issuing Banks have agreed to extend credit to Borrowers subject to the terms and conditions set forth in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Credit Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit obligations of the Secured PartiesLenders and the Issuing Banks to extend such credit are conditioned upon, a continuing security interest in all among other things, the execution and delivery of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral this Agreement. The Additional Pledgor represents and warrants Guarantors will derive substantial benefits from the extension of credit to Borrowers pursuant to the Collateral Agent Credit Agreement, and are willing to execute and deliver this Agreement or Supplements, as the other Secured Parties that this Supplemental Agreement has been duly authorizedcase may be, executed and delivered by it and constitutes its legalin order to induce the Lenders to extend such credit. Accordingly, valid and binding obligation, enforceable against it in accordance with its terms.the parties hereto agree as follows:

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Smart Sand, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [, Grantor and Pledgor] [and Grantor] [and Pledgor]2 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]3 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [ ] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],4 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Univar Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the [the][each] Additional PledgorGranting Party, as provided in Subsection subsection 9.15 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]1 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]2 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [______] to the Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The [The][Each] Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a [Guarantor] [,Grantor and Pledgor, ] [and Grantor] [and Pledgor],3 contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in subsection 3.1 of the Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Credit Agreement (Aimmune Therapeutics, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the each Additional PledgorGrantor, as provided in Subsection 9.15 Section 9.14 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Grantor and a Guarantor thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the Subsidiary foregoing, hereby expressly (a) assumes all obligations and liabilities of a Grantor and a Guarantor thereunder; (b) guarantees the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable Obligations pursuant to a Pledgor under Article 2 of the Guarantee and Collateral Agreement; and (c) grants to the Administrative Agent, for the ratable benefit of the Secured Persons, a security interest in such Additional Grantor’s right, title and interest in and to the Collateral, wherever located and whether now owned or at any time hereafter acquired by such Additional Grantor or in which such Additional Grantor now has or at any time in the future may acquire any right, title or interest, as a Pledgor thereundersecurity for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of such Additional Grantor’s Secured Obligations. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Each Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Article 4 of the Guarantee and Collateral Agreement Agreement, as they relate to such Additional Grantor and its Collateral, is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Assumption Agreement (Earthstone Energy Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.13 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a “Grantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 1 contract

Samples: Credit Agreement (Violin Memory Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.22 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor and Grantor thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Guarantor and Grantor and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations of the Additional Pledgor listed in Annex 1 hereto a Guarantor and will be bound by all terms, conditions and duties applicable to a Pledgor under the Guarantee and Collateral Agreement, as a Pledgor Grantor thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 the applicable Schedules to the Perfection Certificate and hereby grants to the Administrative Agent, for the benefit of the Secured Parties, as collateral security for the prompt and complete payment or performance when due of the Obligations, a security interest in all of the Collateral (it being understood that, as provided in the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to “Collateral” does not include such informationany Excluded Property). The Additional Pledgor Grantor hereby represents and warrants that (i) each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Article IV of the Guarantee and Collateral Agreement with respect to itself is true and correct in all material respects (other than in the case of representations qualified by materiality, in which case such representations shall be true and correct) on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The date and (ii) when financing statements naming such Additional Pledgor hereby undertakes each Grantor as debtor and the Administrative Agent as secured party and providing a description of the covenantsCollateral with respect to which such Additional Grantor has purported to grant a security interest hereunder have been filed in the appropriate offices against such Additional Grantor in the locations listed on Annex 1-B hereto, the Administrative Agent will have a fully perfected first priority security interest, subject only to Permitted Liens, in its capacity as a Pledgor, contained in Subsection 5.3 that Collateral of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided Grantor in which a security interest may be perfected by filing of an initial financing statement in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of appropriate office against such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.Grantor.1

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Ultra Clean Holdings, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGranting Party, as provided in Subsection 9.15 of the ABL Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the ABL Guarantee and Collateral Agreement as a Granting Party thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a [Guarantor] [, Grantor and Pledgor] [and Grantor] [and Pledgor]1 and, without limiting the generality of the Subsidiary foregoing, hereby expressly assumes all obligations and liabilities of the Additional Pledgor listed in Annex 1 hereto a [Guarantor] [, Grantor and will be bound by all terms, conditions Pledgor] [and duties applicable to a Pledgor under the Guarantee Grantor] [and Collateral Agreement, as a Pledgor Pledgor]2 thereunder. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 Schedules [ ] to the ABL Guarantee and Collateral Agreement, and such Schedule 2 is Schedules are hereby amended and modified to include such information. The Additional Pledgor Granting Party hereby represents and warrants that each of the representations and warranties of such Additional PledgorGranting Party, in its capacity capacities as a Guarantor [, Grantor and Pledgor, ] [and Grantor] [and Pledgor],3 contained in Subsection 4.3 Section 4 of the ABL Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Each Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor Granting Party hereby grants, as and to the same extent as provided in the ABL Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all the [Collateral (as such term is defined in Subsection 3.1 of the ABL Guarantee and Collateral Agreement) of such Additional Granting Party] [and] [the Pledged Collateral (as such term is defined in the ABL Guarantee and Collateral Agreement) of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereofGranting Party, except as provided in Subsection 3.3 of the ABL Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms].

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (SiteOne Landscape Supply, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Agreement, the Additional Pledgor, as provided in Subsection 9.15 of the Term Loan Guarantee and Collateral Agreement, hereby becomes a Pledgor under the Term Loan Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Term Loan Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the Term Loan Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 of the Term Loan Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Term Loan Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Term Loan Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Term Loan Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Term Loan Guarantee and Collateral Agreement (SiteOne Landscape Supply, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Agreement, the Additional Pledgor, as provided in Subsection subsection 9.15 of the ABL Guarantee and Collateral Agreement, hereby becomes a Pledgor under the ABL Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the ABL Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the ABL Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Pledgor, in its capacity as a Pledgor, hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, Pledgor contained in Subsection subsection 4.3 of the ABL Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenantsPledgor, in its capacity as a Pledgor, hereby undertakes each of the covenants contained in Subsection subsection 5.3 of the ABL Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the ABL Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection subsection 3.3 of the ABL Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Uci Holdings LTD)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the ratable benefit of the Subsidiary Secured Parties, as Annex 1 security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee which case such representation and Collateral Agreement. The Additional Pledgor hereby grants, as warranty was true and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest correct in all of the Pledged Collateral material respects as of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its termsearlier date).

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Demand Media Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 9.14 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Grantor and a Guarantor thereunder with respect to the shares of Capital Stock same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the Subsidiary foregoing, hereby (a) assumes all obligations and liabilities of a Grantor and a Guarantor thereunder; (b) guarantees the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable Obligations pursuant to a Pledgor under Article II of the Guarantee and Collateral Agreement; and (c) grants to the Administrative Agent, for the ratable benefit of the Secured Parties, a security interest in such Additional Grantor’s right, title and interest in and to the Collateral, wherever located and whether now owned or at any time hereafter acquired by the Additional Grantor or in which the Additional Grantor now has or at any time in the future may acquire any right, title or interest, as a Pledgor thereundersecurity for the prompt and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of the Additional Grantor’s Obligations. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Article 4 of the Guarantee and Collateral Agreement Agreement, as they relate to the Additional Grantor and its Collateral, is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Credit Agreement (Blueknight Energy Partners, L.P.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorFranchise Entity, as provided in Subsection 9.15 Section 8.11 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor thereunder with respect the same force and effect as if originally named therein as a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor thereunder. In furtherance of the foregoing, the Additional Franchise Entity, as security for the payment and performance in full of the Issuer Obligations, does (x) hereby create and grant to the shares of Capital Stock Trustee for the benefit of the Subsidiary Secured Parties a security interest in all of the Additional Pledgor listed Franchise Entity’s right, title and interest in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the Collateral of the Additional Franchise Entity in accordance with the terms of the Guarantee and Collateral AgreementAgreement and subject to the exceptions set forth therein and (y) jointly and severally with the other Guarantors, as unconditionally and irrevocably hereby guarantee the prompt and complete payment and performance by the Issuer when due (whether at the stated maturity, by acceleration or otherwise, but after giving effect to all applicable grace periods) of the Issuer Obligations. Each reference to a Pledgor thereunder“Guarantor” in the Guarantee and Collateral Agreement shall be deemed to include the Additional Franchise Entity. The Guarantee and Collateral Agreement is hereby incorporated herein by reference. The information set forth in Annex 1 1-A hereto (A) is true and correct as of the date hereof in all material respects and (B) is hereby added to the information set forth in Schedule 2 4.5 to the Guarantee and Collateral Agreement, Agreement and such Schedule 2 is hereby amended and modified to include such informationshall be deemed so amended. The Additional Pledgor Franchise Entity hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement applicable to it is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Guarantee and Collateral Agreement (Fat Brands, Inc)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorGrantor, as provided in Subsection 9.15 Section 8.14 of the Guarantee and Collateral Agreement, (a) hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as both a “Grantor” and a “Guarantor” thereunder with respect the same force and effect as if originally named therein as a Grantor and a Guarantor and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Grantor and a Guarantor thereunder, and (b) hereby grants to the shares of Capital Stock Administrative Agent, for the benefit of the Subsidiary Secured Parties, as security for the Secured Obligations, a security interest in all of the Additional Pledgor listed Grantor’s right, title and interest in Annex 1 hereto any and will to all Collateral of the Additional Grantor, in each case whether now owned or hereafter acquired or in which the Additional Grantor now has or hereafter acquires an interest and wherever the same may be bound by located, but subject in all respects to the terms, conditions and duties applicable to a Pledgor under exclusions set forth in the Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex Schedule 1 hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Grantor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 4 of the Guarantee and Collateral Agreement (x) that is qualified by materiality is true and correct, and (y) that is not qualified by materiality, is true and correct in all material respects respects, in each case, on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date (except to the extent any such representation and warranty expressly relates to an earlier date). The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and & Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Credit Agreement (Xcerra Corp)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Agreement, the Additional Pledgor, as provided in Subsection subsection 9.15 of the ABL Guarantee and Collateral Agreement, hereby becomes a Pledgor under the ABL Guarantee and Collateral Agreement with respect to the shares of Capital Stock of the Subsidiary of the Additional Pledgor listed in Annex 1 hereto and will be bound by all terms, conditions and duties applicable to a Pledgor under the ABL Guarantee and Collateral Agreement, as a Pledgor thereunder. The information set forth in Annex 1 hereto is hereby added to the information set forth in Schedule 2 to the ABL Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor hereby represents and warrants that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection subsection 4.3 of the ABL Guarantee and Collateral Agreement is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection subsection 5.3 of the ABL Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the ABL Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection subsection 3.3 of the ABL Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: Financing Statement Follow Instructions (Us LBM Holdings, Inc.)

Guarantee and Collateral Agreement. By executing and delivering this Supplemental Assumption Agreement, the Additional PledgorBorrower, as provided in Subsection 9.15 Section 9.13 of the Guarantee and Collateral Agreement, hereby becomes a Pledgor under party to the Guarantee and Collateral Agreement as a Guarantor and Borrower thereunder with respect the same force and effect as if originally named therein as a Guarantor and Borrower and, without limiting the generality of the foregoing, hereby expressly assumes all obligations and liabilities of a Guarantor and Borrower thereunder. In furtherance of the foregoing, the Additional Borrower, as security for the payment and performance in full of the Obligations, does (x) hereby create and grant to the shares of Capital Stock Collateral Agent, for the benefit of the Subsidiary Collateral Agent and the other Secured Parties, a security interest in all of the Additional Pledgor listed Borrower’s right, title and interest in Annex 1 hereto and will be bound to the Collateral of the Additional Borrower and (y) jointly and severally with the other Guarantors, unconditionally and irrevocably guarantee the prompt and complete payment and performance by all terms, conditions and duties applicable the Company when due (whether at the stated maturity by acceleration or otherwise) of the Company Obligations. Each reference to a Pledgor under “Subsidiary,” a “Borrower” or a “Guarantor” in the Guarantee and Collateral Agreement, as a Pledgor thereunderAgreement shall be deemed to include the Additional Borrower. The Guarantee and Collateral Agreement is hereby incorporated herein by reference. The information set forth in Annex 1 1-A hereto is hereby added to the information set forth in Schedule 2 the Schedules to the Guarantee and Collateral Agreement, and such Schedule 2 is hereby amended and modified to include such information. The Additional Pledgor Borrower hereby represents and warrants as to itself that each of the representations and warranties of such Additional Pledgor, in its capacity as a Pledgor, contained in Subsection 4.3 Section 5 of the Guarantee and Collateral Agreement applicable to it is true and correct in all material respects on and as the date hereof (after giving effect to this Supplemental Assumption Agreement) as if made on and as of such date. The Additional Pledgor hereby undertakes each of the covenants, in its capacity as a Pledgor, contained in Subsection 5.3 of the Guarantee and Collateral Agreement. The Additional Pledgor hereby grants, as and to the same extent as provided in the Guarantee and Collateral Agreement, to the Collateral Agent, for the benefit of the Secured Parties, a continuing security interest in all of the Pledged Collateral of such Additional Pledgor now owned or at any time hereafter acquired by such Pledgor, and any Proceeds thereof, except as provided in Subsection 3.3 of the Guarantee and Collateral Agreement. The Additional Pledgor represents and warrants to the Collateral Agent and the other Secured Parties that this Supplemental Agreement has been duly authorized, executed and delivered by it and constitutes its legal, valid and binding obligation, enforceable against it in accordance with its terms.

Appears in 1 contract

Samples: , and Collateral Agreement (Probe Manufacturing Inc)

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