Common use of Pledged Stock Clause in Contracts

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 37 contracts

Sources: Term Loan Guarantee and Collateral Agreement (Cornerstone Building Brands, Inc.), Abl Guarantee and Collateral Agreement (Univar Solutions Inc.), Guarantee and Collateral Agreement (Atkore Inc.)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 20 contracts

Sources: Notes Collateral Agreement (US Foods Holding Corp.), Credit Agreement (Aimmune Therapeutics, Inc.), First Lien Credit Agreement (Us LBM Holdings, Inc.)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection Section 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections Sections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection Section 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 8 contracts

Sources: Credit Agreement (Hertz Corp), u.s. Guarantee and Collateral Agreement, Guarantee and Collateral Agreement (Hertz Global Holdings, Inc)

Pledged Stock. In the case of each Grantor that is an Equity Issuer, such Equity Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Note Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 5 contracts

Sources: Collateral Agreement (Hd Supply, Inc.), Collateral Agreement (Hd Supply, Inc.), Collateral Agreement (Hd Supply, Inc.)

Pledged Stock. In the case of each U.S. Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock other than ULC Shares issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the ABL Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection subsection 6.3(c) or 6.7 with respect to the Pledged Stock other than ULC Shares issued by it.

Appears in 4 contracts

Sources: Abl Credit Agreement (Veritiv Corp), Abl Credit Agreement (Veritiv Corp), u.s. Guarantee and Collateral Agreement (Veritiv Corp)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock other than ULC Shares issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the U.S. ABL Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection subsection 6.3(c) or 6.7 with respect to the Pledged Stock other than ULC Shares issued by it.

Appears in 4 contracts

Sources: u.s. Guarantee and Collateral Agreement (Hd Supply, Inc.), Abl Credit Agreement (Hd Supply, Inc.), Guarantee and Collateral Agreement (Hd Supply, Inc.)

Pledged Stock. In the case of each Canadian Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock other than ULC Shares issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the ABL Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection subsection 6.3(c) or 6.7 with respect to the Pledged Stock other than ULC Shares issued by it.

Appears in 4 contracts

Sources: Abl Credit Agreement (Veritiv Corp), Abl Credit Agreement (Veritiv Corp), Canadian Guarantee and Collateral Agreement (Veritiv Corp)

Pledged Stock. In the case of each Grantor that is an Equity Issuer, such Equity Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Note Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection Section 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections Sections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection Section 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 3 contracts

Sources: Collateral Agreement (Hertz Corp), Collateral Agreement (Herc Holdings Inc), Indenture (Hertz Global Holdings Inc)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the U.S. Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 3 contracts

Sources: Guarantee and Collateral Agreement (RSC Equipment Rental, Inc.), Credit Agreement (RSC Holdings Inc.), u.s. Guarantee and Collateral Agreement (RSC Holdings Inc.)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection Section 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections Sections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection Section 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 3 contracts

Sources: Guarantee and Collateral Agreement (Herc Holdings Inc), u.s. Guarantee and Collateral Agreement (Herc Holdings Inc), Guarantee and Collateral Agreement (Herc Holdings Inc)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer Issuer, agrees that that, subject to Section 3.5 hereof, (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection Section 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections Sections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection Section 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 3 contracts

Sources: Canadian Guarantee and Collateral Agreement (Herc Holdings Inc), Canadian Guarantee and Collateral Agreement (Herc Holdings Inc), Guarantee and Collateral Agreement (Herc Holdings Inc)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Collateral Administrative Agent promptly in writing of the occurrence of any of the events described in Subsection subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 3 contracts

Sources: Guarantee and Collateral Agreement (VWR International, Inc.), Guarantee and Collateral Agreement (VWR International, Inc.), Guarantee and Collateral Agreement (Graphic Packaging Corp)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Revolving Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 2 contracts

Sources: Revolving Guarantee and Collateral Agreement (Great North Imports, LLC), Guarantee and Collateral Agreement (Servicemaster Co)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Canadian Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 2 contracts

Sources: Canadian Guarantee and Collateral Agreement (New Sally Holdings, Inc.), Canadian Guarantee and Collateral Agreement (Hertz Corp)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Note Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 1 contract

Sources: Notes Collateral Agreement (Cornerstone Building Brands, Inc.)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the ABL Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 1 contract

Sources: Abl Guarantee and Collateral Agreement (Great North Imports, LLC)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Term Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 1 contract

Sources: Guarantee and Collateral Agreement (Great North Imports, LLC)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer Issuer, other than any Grantor that is a ULC (to which this Subsection 5.2.7 shall not apply) agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

Appears in 1 contract

Sources: Abl Canadian Guarantee and Collateral Agreement (Nci Building Systems Inc)

Pledged Stock. In the case of each Grantor that is an Equity Issuer, such Equity Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Note Collateral Agent promptly in writing of the occurrence oc- ▇▇▇▇▇▇▇▇ of any of the events described in Subsection 5.3.1 subsection 4.2.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections 6.3(csubsections 5.3(c) and 6.7 5.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection 6.3(csubsection 5.3(c) or 6.7 5.7 with respect to the Pledged Stock issued by it.

Appears in 1 contract

Sources: Collateral Agreement (RSC Equipment Rental, Inc.)

Pledged Stock. In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock other than ULC Shares issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Canadian Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection 5.3.1 subsection 5.3.4 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection subsection 6.3(c) or 6.7 with respect to the Pledged Stock Stock, other than ULC Shares, issued by it.

Appears in 1 contract

Sources: Abl Credit Agreement (Hd Supply, Inc.)