Common use of Other Pledge Agreements Clause in Contracts

Other Pledge Agreements. The parties acknowledge and agree that certain of the Equity Interests constituting Pledged Collateral under this Canadian Security Agreement (the “Applicable Equity Interests”) may also be pledged to the Administrative Agent under a pledge agreement governed by the laws of the State of New York or the Netherlands (collectively, the “Foreign Pledge Agreements” and each individually, a “Foreign Pledge Agreement”). If, in connection with any exercise of remedies by the Administrative Agent under any Foreign Pledge Agreement, a court of competent jurisdiction in the State of New York or the Netherlands, as applicable, determines that the pledge of the Applicable Equity Interests is governed by such Foreign Pledge Agreement, then such Foreign Pledge Agreement (and not this Canadian Security Agreement) shall control and shall supersede this Canadian Security Agreement, in each case, solely with respect to the pledge of such Applicable Equity Interests.

Other Pledge Agreements. The parties acknowledge and agree that certain of the Equity Interests constituting Pledged Collateral under this Canadian Security Collateral Agreement (the “Applicable Equity Interests”) may also be pledged to the Administrative Collateral Agent under a pledge agreement governed by the laws of the State of New York United States (or one or more states thereof) or the Netherlands (collectively, the “Foreign Pledge Agreements” and each individually, a “Foreign Pledge Agreement”). If, in connection with any exercise of remedies by the Administrative Collateral Agent under any Foreign Pledge Agreement, a court of competent jurisdiction in the State of New York United States or the Netherlands, as applicable, determines that the pledge of the Applicable Equity Interests is governed by such Foreign Pledge Agreement, then such Foreign Pledge Agreement (and not this Canadian Security Collateral Agreement) shall control and shall supersede this Canadian Security Collateral Agreement, in each case, solely with respect to the pledge of such Applicable Equity Interests.

Other Pledge Agreements. The parties acknowledge and agree that certain of the Equity Interests constituting Pledged Collateral under this Canadian US Security Agreement (the “Applicable Equity Interests”) may also be pledged to the Administrative Agent under a pledge agreement governed by the laws of the State of New York Canada (or one or more provinces thereof) or the Netherlands (collectively, the “Foreign Pledge Agreements” and each individually, a “Foreign Pledge Agreement”). If, in connection with any exercise of remedies by the Administrative Agent under any Foreign Pledge Agreement, a court of competent jurisdiction in the State of New York Canada or the Netherlands, as applicable, determines that the pledge of the Applicable Equity Interests is governed by such Foreign Pledge Agreement, then such Foreign Pledge Agreement (and not this Canadian US Security Agreement) shall control and shall supersede this Canadian US Security Agreement, in each case, solely with respect to the pledge of such Applicable Equity Interests.

Other Pledge Agreements. The parties acknowledge and agree that certain of the Equity Interests constituting Pledged Collateral under this Canadian Security Collateral Agreement (the “Applicable Equity Interests”) may also be pledged to the Administrative Collateral Agent under a pledge agreement governed by the laws of the State of New York Canada (or one or more provinces thereof) or the Netherlands (collectively, the “Foreign Pledge Agreements” and each individually, a “Foreign Pledge Agreement”). If, in connection with any exercise of remedies by the Administrative Collateral Agent under any Foreign Pledge Agreement, a court of competent jurisdiction in the State of New York Canada or the Netherlands, as applicable, determines that the pledge of the Applicable Equity Interests is governed by such Foreign Pledge Agreement, then such Foreign Pledge Agreement (and not this Canadian Security Collateral Agreement) shall control and shall supersede this Canadian Security Collateral Agreement, in each case, solely with respect to the pledge of such Applicable Equity Interests.