Common use of Holdings Collateral Clause in Contracts

Holdings Collateral. Notwithstanding anything to the contrary in any Loan Document or in this Article VII in no event shall any property of Holdings other than the Equity Interests of Borrower required to be pledged as collateral in accordance with the Security Documents.

Appears in 2 contracts

Sources: Credit Agreement (Edgen Group Inc.), Credit Agreement (Edgen Group Inc.)