Common use of Pledge Amendments Clause in Contracts

Pledge Amendments. If any Pledged Collateral is acquired by a Grantor after the Effective Date, such Grantor shall deliver a pledge amendment duly executed by the Grantor in substantially the form of Annex 1 (each, a “Pledge Amendment”). Such Grantor authorizes Administrative Agent to attach each Pledge Amendment to this Agreement.

Appears in 2 contracts

Sources: Security Agreement (Unisys Corp), Security Agreement (Unisys Corp)

Pledge Amendments. If To the extent any Pledged Collateral constituting Collateral is acquired by a any Grantor after the Effective Datedate hereof, such Grantor shall deliver a pledge amendment duly executed by the Grantor in substantially the form of Annex 1 (each, a “Pledge Amendment”). Such Grantor authorizes Administrative the Collateral Agent to attach each Pledge Amendment to this Agreement.

Appears in 1 contract

Sources: Securities Purchase Agreement (Film Department Holdings, Inc.)