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The Pledgor has the right and requisite authority to pledge, assign, transfer, deliver, deposit and set over the Pledged Note pledged by the Pledgor to the Sellers for the benefit of the Secured Parties as provided herein.", "hash": "885432e1861487a8e565adeb1b75b29a", "id": 1}, {"samples": [{"hash": "4efHhb5w8fq", "uri": "/contracts/4efHhb5w8fq#pledged-note", "label": "Abl Security Agreement (Franchise Group, Inc.)", "score": 31.7405891418, "published": true}], "size": 3, "snippet_links": [{"key": "consent-of-administrative-agent", "type": "clause", "offset": [36, 67]}, {"key": "payment-obligations", "type": "definition", "offset": [103, 122]}, {"key": "date-of", "type": "clause", "offset": [139, 146]}, {"key": "any-person", "type": "definition", "offset": [167, 177]}, {"key": "material-portion", "type": "definition", "offset": [231, 247]}, {"key": "the-collateral", "type": "definition", "offset": [251, 265]}, {"key": "obligations-under-the", "type": "clause", "offset": [279, 300]}], "snippet": "Grantors, without the prior written consent of Administrative Agent, will not (i) waive or release the payment obligations on the maturity date of the Pledged Note of any Person obligated under the Pledged Note or (ii) release any material portion of the collateral securing the obligations under the Pledged Note.", "hash": "d5ad7df8873c7f1b322864aec9042ea9", "id": 2}, {"samples": [{"hash": "5KFkd9KF7Xr", "uri": "/contracts/5KFkd9KF7Xr#pledged-note", "label": "Guarantee and Collateral Agreement (Scotts Miracle-Gro Co)", "score": 36.8959616701, "published": true}, {"hash": "2CWZOSVOdKU", "uri": "/contracts/2CWZOSVOdKU#pledged-note", "label": "Credit Agreement (Scotts Miracle-Gro Co)", "score": 36.8959616701, "published": true}], "size": 2, "snippet_links": [{"key": "knowledge-of-the-company", "type": "clause", "offset": [34, 58]}, {"key": "duly-authorized", "type": "clause", "offset": [60, 75]}, {"key": "obligation-of-the-issuer", "type": "clause", "offset": [150, 174]}, 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All such other actions shall have been taken as may be necessary or, in the opinion of the Administrative Agent, desirable to perfect the security interest purported to be created by the Pledge Agreement in the Pledged Note and the security therefor, and the Administrative Agent shall have received (i) an original loan policy of title insurance (ALTA 1970 Form B) issued by a title insurance company satisfactory to the Administrative Agent, insuring that the mortgage securing the Pledged Note has been assigned to the Administrative Agent and creates the lien it purports to create, (ii) assignments of all notes or other securities securing the Pledged Note, and (iii) such other evidence as it may reasonably require to confirm that this condition has been satisfied.", "hash": "dfd465286478f118c37c979c64d437bd", "id": 5}, {"samples": [{"hash": "jNWvv5otVSK", "uri": "/contracts/jNWvv5otVSK#pledged-note", "label": "Security Agreement (Franchise Group, Inc.)", "score": 30.8069820404, "published": true}], "size": 1, "snippet_links": [{"key": "consent-of", "type": "clause", "offset": [36, 46]}, {"key": "collateral-agent", "type": "definition", "offset": [47, 63]}, {"key": "the-credit-agreement", "type": "clause", "offset": [133, 153]}, {"key": "payment-obligations", "type": "definition", "offset": [176, 195]}, {"key": "date-of", "type": "clause", "offset": [212, 219]}, {"key": "any-person", "type": "definition", "offset": [240, 250]}, {"key": "material-portion", "type": "definition", "offset": [304, 320]}, {"key": "the-collateral", "type": "definition", "offset": [324, 338]}, {"key": "obligations-under-the", "type": "clause", "offset": [352, 373]}], "snippet": "Grantors, without the prior written consent of Collateral Agent, will not (i) except as otherwise permitted under Section 6.09(k) of the Credit Agreement, waive or release the payment obligations on the maturity date of the Pledged Note of any Person obligated under the Pledged Note or (ii) release any material portion of the collateral securing the obligations under the Pledged Note.", "hash": "6e8b081f66cf26841c0b8232c03abd3b", "id": 6}, {"samples": [{"hash": "h276fntDY4b", "uri": "/contracts/h276fntDY4b#pledged-note", "label": "Security Agreement (Erickson Air-Crane Inc.)", "score": 24.3483905792, "published": true}], "size": 1, "snippet_links": [{"key": "the-notes-collateral-agent", "type": "clause", "offset": [26, 52]}, {"key": "copies-of-all", "type": "clause", "offset": [53, 66]}, {"key": "material-written-notices", "type": "clause", "offset": [67, 91]}, {"key": "notices-of-default", "type": "clause", "offset": [103, 121]}, {"key": "with-respect-to", "type": "clause", "offset": [141, 156]}, {"key": "after-giving", "type": "clause", "offset": [183, 195]}], "snippet": "Grantors shall provide to the Notes Collateral Agent copies of all material written notices (including notices of default) given or received with respect to the Pledged Note promptly after giving or receiving such notice.", "hash": "87d3bd830c85c548895efe2c2b61cd95", "id": 7}, {"samples": [{"hash": "b5IsWcNOe6U", "uri": "/contracts/b5IsWcNOe6U#pledged-note", "label": "Credit Agreement (Fairchild Corp)", "score": 21.0, "published": true}], "size": 1, "snippet_links": [{"key": "pledged-notes", "type": "clause", "offset": [4, 17]}, {"key": "full-force-and-effect", "type": "definition", "offset": [25, 46]}, {"key": "no-default-or-event-of-default-exists", "type": "clause", "offset": [51, 88]}, {"key": "outstanding-principal-amount", "type": "definition", "offset": [105, 133]}, {"key": "date-hereof", "type": "clause", "offset": [174, 185]}, {"key": "intercompany-receivable", "type": "clause", "offset": [285, 308]}, {"key": "group-company", "type": "definition", "offset": [316, 329]}], "snippet": "The Pledged Notes are in full force and effect and no default or event of default exists thereunder. The outstanding principal amount under the Banner Pledged Note as of the date hereof is $38,961,889.63. Except for the Banner Pledged Note, none of Banner or its Subsidiaries owes any intercompany receivable to any Group Company.", "hash": "68e1f2db24413660499978d25d65bbdc", "id": 8}, {"samples": [{"hash": "lRq1GKNVQew", "uri": "/contracts/lRq1GKNVQew#pledged-note", "label": "Credit and Guaranty Agreement (Cypress Semiconductor Corp /De/)", "score": 23.4887065887, "published": true}], "size": 1, "snippet_links": [{"key": "borrower-shall", "type": "clause", "offset": [0, 14]}, {"key": "deliver-to", "type": "definition", "offset": [15, 25]}, {"key": "promissory-note", "type": "definition", "offset": [56, 71]}, {"key": "issued-by", "type": "clause", "offset": [72, 81]}, {"key": "charitable-organization", "type": "clause", "offset": [84, 107]}, {"key": "order-of", "type": "clause", "offset": [115, 123]}, {"key": "security-disclosure-letter", "type": "definition", "offset": [181, 207]}, {"key": "following-the-closing-date", "type": "clause", "offset": [323, 349]}, {"key": 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"consent-to", "type": "definition", "offset": [10769, 10779]}, {"key": "extensions-of-time", "type": "clause", "offset": [10793, 10811]}, {"key": "without-notice", "type": "definition", "offset": [10845, 10859]}, {"key": "notice-of-every", "type": "clause", "offset": [10918, 10933]}, {"key": "permitted-by-law", "type": "clause", "offset": [10963, 10979]}, {"key": "right-to", "type": "definition", "offset": [10985, 10993]}, {"key": "statute-of-limitations", "type": "definition", "offset": [11004, 11026]}], "snippet": "Borrower shall deliver to Collateral Agent that certain promissory note issued by a charitable organization to the order of Borrower, as described in Schedule 3.6 of the Pledge and Security Disclosure Letter, and an accompanying note allonge executed in blank. Such action described above shall be completed within 10 days following the Closing Date (or such longer period as the Collateral Agent may agree in its sole discretion). Reference is made to the Credit and Guaranty Agreement, dated as of June 26, 2012 (as it may be amended, supplemented or otherwise modified, the \u201cCredit Agreement\u201d; the terms defined therein and not otherwise defined herein being used herein as therein defined), by and among Cypress Semiconductor Corporation, a Delaware corporation (\u201cBorrower\u201d), the guarantors from time to time party thereto, the lenders from time to time party thereto (the \u201cLenders\u201d), \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Senior Funding, Inc., as administrative agent (together with its permitted successors in such capacity, \u201cAdministrative Agent\u201d) and as collateral agent, the other Agents from time to time party thereto and \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Bank, N.A., as Issuing Bank. Pursuant to Section [2.01][2.02][2.03] of the Credit Agreement, Borrower desires that Lenders make the following Loans to Borrower in accordance with the applicable terms and conditions of the Credit Agreement on [ ] (the \u201cCredit Date\u201d): Term Loans \u00a8 Base Rate Loans: $ [ , , ] \u00a8 Eurodollar Rate Loans, with an initial Interest Period of month(s): $ [ , , ] Revolving Loans \u00a8 Base Rate Loans: $ [ , , ] \u00a8 Eurodollar Rate Loans, with an initial Interest Period of month(s): $ [ , , ] Swing Line Loans: $ [ , , ] Borrower hereby certifies that:\n(i) after making the Credit Extensions requested on the Credit Date, the Total Utilization of Revolving Commitments shall not exceed the Revolving Commitments then in effect;\n(ii) as of the Credit Date, the representations and warranties contained in the Credit Agreement and the other Credit Documents are true and correct in all material respects on and as of such Credit Date to the same extent as though made on and as of such date, except to the extent such representations and warranties specifically relate to an earlier date, in which case such representations and warranties were true and correct in all material respects on and as of such earlier date; provided that, in each case, such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof; and\n(iii) as of the Credit Date, no event has occurred and is continuing or would result from the consummation of the applicable Credit Extension that would constitute an Event of Default or a Default. Date: [ ] By: Name: Title: [Authorized Officer] Reference is made to the Credit and Guaranty Agreement, dated as of June 26, 2012 (as it may be amended, supplemented or otherwise modified, the \u201cCredit Agreement\u201d; the terms defined therein and not otherwise defined herein being used herein as therein defined), by and among Cypress Semiconductor Corporation, a Delaware corporation (\u201cBorrower\u201d), the guarantors from time to time party thereto, the lenders from time to time party thereto (the \u201cLenders\u201d), \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Senior Funding, Inc., as administrative agent (together with its permitted successors in such capacity, \u201cAdministrative Agent\u201d) and as collateral agent, the other Agents from time to time party thereto and \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Bank, N.A., as Issuing Bank. Pursuant to Section 2.09 of the Credit Agreement, Borrower desires to convert or to continue the following Loans, each such conversion and/or continuation to be effective as of [ ]:\n1. Term Loans:\n2. Revolving Loans: CYPRESS SEMICONDUCTOR CORPORATION\n(a) the stated amount of such Letter of Credit;\n(b) the name and address of the beneficiary;\n(c) the expiration date; and\n(d) either (i) the verbatim text of such proposed Letter of Credit, or (ii) a description of the proposed terms and conditions of such Letter of Credit, including a precise description of any documents to be presented by the beneficiary which, if presented by the beneficiary prior to the expiration date of such Letter of Credit, would require the Issuing Lender to make payment under such Letter of Credit. Borrower hereby certifies that:\n(i) after issuing such Letter of Credit requested on the Credit Date, the Total Utilization of Revolving Commitments shall not exceed the Revolving Commitments then in effect;\n(ii) as of the Credit Date, the representations and warranties contained in the Credit Agreement and the other Credit Documents are true and correct in all material respects on and as of such Credit Date to the same extent as though made on and as of such date, except to the extent such representations and warranties specifically relate to an earlier date, in which case such representations and warranties were true and correct in all material respects on and as of such earlier date; provided that, in each case, such materiality qualifier shall not be applicable to any representations and warranties that already are qualified or modified by materiality in the text thereof;\n(iii) as of the Credit Date, no event has occurred and is continuing or would result from the consummation of the issuance contemplated hereby that would constitute an Event of Default or a Default; and\n(iv) on or before the Credit Date, Administrative Agent has received all other information required by this Issuance Notice and the applicable Application. Date: [ ] By: Name: Title: [Authorized Officer] $[ , , ] [ ], 2012 [New York, New York] FOR VALUE RECEIVED, CYPRESS SEMICONDUCTOR CORPORATION, a Delaware corporation (\u201cBorrower\u201d), promises to pay [NAME OF LENDER] (\u201cPayee\u201d) or its registered assigns the principal amount of [DOLLARS] ($[ , , ]) in the installments referred to below. Borrower also promises to pay interest on the unpaid principal amount hereof, from the date hereof until paid in full, at the rates and at the times which shall be determined in accordance with the provisions of that certain Credit and Guaranty Agreement, dated as of June 26, 2012 (as it may be amended, supplemented or otherwise modified, the \u201cCredit Agreement\u201d; the terms defined therein and not otherwise defined herein being used herein as therein defined), by and among Borrower, the guarantors from time to time party thereto, the lenders from time to time party thereto (the \u201cLenders\u201d), \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Senior Funding, Inc., as administrative agent (together with its permitted successors in such capacity, \u201cAdministrative Agent\u201d) and as collateral agent, the other Agents from time to time party thereto and \u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587\u2587\u2587 Bank, N.A., as Issuing Bank. Borrower shall make scheduled principal payments on this Note as set forth in Section 2.12 of the Credit Agreement. This Note is one of the \u201cTerm Loan Notes\u201d in the aggregate principal amount of [ ] Dollars ($[ , , ]) and is issued pursuant to and entitled to the benefits of the Credit Agreement, to which reference is hereby made for a more complete statement of the terms and conditions under which the Term Loan evidenced hereby was made and is to be repaid. All payments of principal and interest in respect of this Note shall be made in lawful money of the United States of America in same day funds at the Principal Office of Administrative Agent or at such other place as shall be designated in writing for such purpose in accordance with the terms of the Credit Agreement. Unless and until an Assignment Agreement effecting the assignment or transfer of the obligations evidenced hereby shall have been accepted by Administrative Agent and recorded in the Register, Borrower, each Agent, Collateral Agent and Lenders shall be entitled to deem and treat Payee as the owner and holder of this Note and the obligations evidenced hereby. Payee hereby agrees, by its acceptance hereof, that before disposing of this Note or any part hereof it will make a notation hereon of all principal payments previously made hereunder and of the date to which interest hereon has been paid; provided, the failure to make a notation of any payment made on this Note shall not limit or otherwise affect the obligations of Borrower hereunder with respect to payments of principal of or interest on this Note. This Note is subject to mandatory prepayment and to prepayment at the option of Borrower, each as provided in the Credit Agreement. This Note is secured and guaranteed as provided in the Credit Documents. Reference is hereby made to the Credit Documents for a description of the properties and assets in which a security interest has been granted, the nature and extent of the security and the guarantees, the terms and conditions upon which the security interests and each guarantee were granted and the rights of the holder of this Note in respect thereof. NOTWITHSTANDING ANYTHING TO THE CONTRARY CONTAINED HEREIN OR IN THE CREDIT AGREEMENT, THIS NOTE MAY NOT BE TRANSFERRED EXCEPT PURSUANT TO AND IN ACCORDANCE WITH THE REGISTRATION AND OTHER PROVISIONS OF SECTION 11.06 OF THE CREDIT AGREEMENT. THIS NOTE AND THE RIGHTS AND OBLIGATIONS OF BORROWER AND PAYEE HEREUNDER (INCLUDING, WITHOUT LIMITATION, ANY CLAIMS SOUNDING IN CONTRACT LAW OR TORT LAW ARISING OUT OF THE SUBJECT MATTER HEREOF AND ANY DETERMINATIONS WITH RESPECT TO POST-JUDGMENT INTEREST) SHALL BE GOVERNED BY, AND SHALL BE CONSTRUED AND ENFORCED IN ACCORDANCE WITH, THE LAWS OF THE STATE OF NEW YORK WITHOUT REGARD TO CONFLICT OF LAWS PRINCIPLES THEREOF THAT WOULD RESULT IN THE APPLICATION OF ANY LAW OTHER THAN THE LAW OF THE STATE OF NEW YORK. THE TERMS AND PROVISIONS OF SECTION 11.15 OF THE CREDIT AGREEMENT ARE INCORPORATED BY REFERENCE HEREIN AS IF FULLY SET FORTH HEREIN. Upon the occurrence and during the continuance of an Event of Default, the unpaid balance of the principal amount of this Note, together with all accrued and unpaid interest thereon, may become, or may be declared to be, due and payable in the manner, upon the conditions and with the effect provided in the Credit Agreement. The terms of this Note are subject to amendment only in the manner provided in the Credit Agreement. No reference herein to the Credit Agreement and no provision of this Note or the Credit Agreement shall alter or impair the obligations of Borrower, which are absolute and unconditional, to pay the principal of and interest on this Note at the place, at the respective times, and in the currency herein prescribed. Borrower promises to pay all costs and expenses, including reasonable attorneys\u2019 fees, all as provided in the Credit Agreement, incurred in the collection and enforcement of this Note. Borrower and any endorsers of this Note hereby consent to renewals and extensions of time at or after the maturity hereof, without notice, and hereby waive diligence, presentment, protest, demand notice of every kind and, to the full extent permitted by law, the right to plead any statute of limitations as a defense to any demand hereunder.", "hash": "b3ba9ba65e866b22aed8f198f477ae0e", "id": 9}, {"samples": [{"hash": "e4BxvRRAMzm", "uri": "/contracts/e4BxvRRAMzm#pledged-note", "label": "Credit Agreement (Berg Electronics Corp /De/)", "score": 16.0, "published": true}], "size": 1, "snippet_links": [{"key": "the-agent-shall", "type": "clause", "offset": [0, 15]}, {"key": "subsidiary-note", "type": "definition", "offset": [36, 51]}, {"key": "note-pledge-agreement", "type": "definition", "offset": [114, 135]}, {"key": "form-and-substance", "type": "clause", "offset": [172, 190]}], "snippet": "The Agent shall have received (i) a Subsidiary Note made by Berg \u2587\u2587\u2587ctronics, AB as collateral under the Borrower Note Pledge Agreement and (ii) a Supplement thereunder in form and substance reasonably satisfactory to the agent thereto.", "hash": "37ce09fcdcf1c8537cf347dd58957188", "id": 10}], "next_curs": "ClUST2oVc35sYXdpbnNpZGVyY29udHJhY3RzcjELEhZDbGF1c2VTbmlwcGV0R3JvdXBfdjU2IhVwbGVkZ2VkLW5vdGUjMDAwMDAwMGEMogECZW4YACAA", "clause": {"children": [["", ""], ["fixed-charge-coverage-ratio", "Fixed Charge Coverage Ratio"]], "parents": [["covenants", "Covenants"], ["representations-and-warranties", "Representations and Warranties"], ["conditions-precedent", "CONDITIONS PRECEDENT"], ["notices", "Notices"], ["collateral-documents", "Collateral Documents"]], "size": 19, "title": "Pledged Note", "id": "pledged-note", "related": [["pledged-notes", "Pledged Notes", "<strong>Pledged Notes</strong>"], ["pledged-stock-stock-powers-pledged-notes", "Pledged Stock; Stock Powers; Pledged Notes", "Pledged Stock; Stock Powers; <strong>Pledged Notes</strong>"], ["pledged-debt", "Pledged Debt", "Pledged Debt"], ["pledged-equity", "Pledged Equity", "Pledged Equity"], ["pledged-securities", "Pledged Securities", "Pledged Securities"]], "related_snippets": [], "updated": "2025-12-01T05:47:14+00:00", "also_ask": [], "drafting_tip": null, "explanation": "A Pledged Note clause defines the terms under which a promissory note is used as collateral to secure an obligation, such as a loan. In practice, this clause specifies that the borrower delivers the note to the lender, granting the lender certain rights over the note if the borrower defaults on their obligations. For example, if the borrower fails to repay the loan, the lender may enforce the note or sell it to recover the owed amount. The core function of this clause is to provide the lender with additional security, reducing their risk by ensuring they have a tangible asset to claim in case of non-payment."}, "json": true, "cursor": ""}}