Common use of PLEDGE AMENDMENT Clause in Contracts

PLEDGE AMENDMENT. Agent shall have received a pledge amendment to that certain Amended and Restated Pledge Agreement, dated as of September 30, 2003, by and among Agent and the Credit Parties listed on the signature pages thereto (as amended, restated, supplemented or modified from time to time, the “Pledge Agreement”), in form and substance satisfactory to Agent, duly executed by an authorized officer of Innovations, pursuant to which Innovations pledges one hundred percent (100%) of the issued and outstanding Stock of Ischemia (the “Ischemia Stock”) to Agent, together with all collateral and ancillary documentation required by the Pledge Agreement, including, without limitation, original certificates representing the Ischemia Stock pledged by Innovations (with duly executed, undated assignments separate from certificates).

Appears in 1 contract

Sources: Credit Agreement (Inverness Medical Innovations Inc)

PLEDGE AMENDMENT. Agent shall have received a pledge amendment to that certain Amended and Restated Pledge Agreement, dated as of September 30, 2003, by and among Agent and the Credit Parties listed on the signature pages thereto (as amended, restated, supplemented or modified from time to time, the “Pledge Agreement”), in form and substance satisfactory to Agent, duly executed by an authorized officer of Innovations, pursuant to which Innovations pledges one hundred percent (100%) of the issued and outstanding Stock of Ischemia Binax Newco (the “Ischemia Binax Newco Stock”) to Agent, together with all collateral and ancillary documentation required by the Pledge Agreement, including, without limitation, original certificates representing the Ischemia Binax Newco Stock pledged by Innovations (with duly executed, undated assignments separate from certificates).

Appears in 1 contract

Sources: Credit Agreement (Inverness Medical Innovations Inc)