Common use of Pledge Amendments Clause in Contracts

Pledge Amendments. Each Grantor agrees that it will, upon obtaining any additional Equity Interest or Debt, promptly (and in any event within five Business Days) deliver to the Agent a Pledge Amendment, duly executed by such Grantor, in substantially the form of EXHIBIT IV attached hereto (a "PLEDGE AMENDMENT"), in respect of the additional Pledged Interests or Pledged Debt to be pledged pursuant to this Agreement. Upon each delivery of a Pledge Amendment to the Agent, the representations and warranties contained in clauses SECTIONS 20(A) and 20(B) hereof shall be deemed to have been made by such Grantor as to the Pledged Collateral described in such Pledge Amendment as of the date thereof. Each Grantor hereby authorizes the Agent to attach each Pledge Amendment to this Agreement and agrees that all Pledged Interests or Pledged Debt of such Grantor listed on any Pledge Amendment shall for all purposes hereunder be considered Pledged Collateral of such Grantor; PROVIDED, the failure of any Grantor to execute a Pledge Amendment with respect to any additional Pledged Interests or Pledged Debt pledged pursuant to this Agreement shall not impair the security interest of the Agent therein or otherwise adversely affect the rights and remedies of the Agent hereunder with respect thereto.

Pledge Amendments. Each Grantor agrees that it will, upon obtaining any additional Equity Interest or Debt, promptly (and in any event within five Business Days) deliver to the Agent a Pledge Amendment, duly executed by such Grantor, in substantially the form of EXHIBIT Exhibit IV attached hereto (a "PLEDGE AMENDMENT"“Pledge Amendment”), in respect of the additional Pledged Interests or Pledged Debt to be pledged pursuant to this Agreement. Upon each delivery of a Pledge Amendment to the Agent, the representations and warranties contained in clauses SECTIONS 20(ASections 20(a) and 20(B20(b) hereof shall be deemed to have been made by such Grantor as to the Pledged Collateral described in such Pledge Amendment as of the date thereof. Each Grantor hereby authorizes the Agent to attach each Pledge Amendment to this Agreement and agrees that all Pledged Interests or Pledged Debt of such Grantor listed on any Pledge Amendment shall for all purposes hereunder be considered Pledged Collateral of such Grantor; PROVIDEDprovided, the failure of any Grantor to execute a Pledge Amendment with respect to any additional Pledged Interests or Pledged Debt pledged pursuant to this Agreement shall not impair the security interest of the Agent therein or otherwise adversely affect the rights and remedies of the Agent hereunder with respect thereto.