Common use of Security Documents; etc Clause in Contracts

Security Documents; etc. (a) On the Initial Borrowing Date, each Credit Party shall have duly authorized, executed and delivered a Pledge Agreement in the form of Exhibit H (as amended, modified, restated and/or supplemented from time to time in accordance with the terms thereof and hereof, the “Pledge Agreement”) and shall have delivered to the Collateral Agent, as pledgee thereunder, all of the certificated Pledge Agreement Collateral referred to therein then owned by such Credit Party and required to be pledged pursuant to the terms thereof, (x) endorsed in blank in the case of promissory notes or (y) accompanied by executed and undated transfer powers in the case of certificated Equity Interests, along with evidence that all other actions necessary or, in the reasonable opinion of the Collateral Agent, desirable, to perfect the security interests purported to be created by the Pledge Agreement have been taken, and the Pledge Agreement shall be in full force and effect.

Appears in 4 contracts

Samples: Credit Agreement (EnerSys), Credit Agreement (EnerSys), Credit Agreement (EnerSys)

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Security Documents; etc. (a) On the Initial Borrowing Date, ------------------------ each of the Credit Party Parties shall have duly authorized, executed and delivered a Pledge Agreement in the form of Exhibit H G (as amended, modified, restated and/or modified or supplemented from time to time in accordance with the terms thereof and hereof, the "Pledge Agreement") and shall have delivered to the Collateral Agent, as pledgee thereunder, all of the certificated Pledge Agreement Collateral Pledged Securities referred to therein then owned by such Credit Party Parties and required to be pledged pursuant to the terms thereof, (x) endorsed in blank in the case of promissory notes or (y) accompanied by executed and undated transfer stock powers in the case of certificated Equity Interestscapital stock, along with evidence that all other actions necessary or, in the reasonable opinion of the Collateral Agent, desirable, to perfect the security interests purported to be created by the Pledge Agreement have been taken, and the Pledge Agreement shall be in full force and effect.

Appears in 3 contracts

Samples: Credit Agreement (Alliance Imaging of Michigan Inc), Credit Agreement (SMT Health Services Inc), Credit Agreement (Building One Services Corp)

Security Documents; etc. (a) On the Initial Borrowing Effective Date, each of the Credit Party Parties shall have duly authorized, executed and delivered a Pledge Agreement in the form of Exhibit H G (as amended, modifiedrestated, restated modified and/or supplemented from time to time in accordance with the terms thereof and hereof, the “Pledge Agreement”) and shall have delivered to the Collateral Agent, as pledgee thereunder, all of the certificated Pledge Agreement Collateral referred to therein then owned by such Credit Party Parties and required to be pledged pursuant to the terms thereof, (x) endorsed in blank in the case of promissory notes or (y) accompanied by executed and undated transfer powers in the case of certificated Equity Interests, along with evidence that all other actions necessary or, in the reasonable opinion of the Collateral Agent, desirable, to perfect the security interests purported to be created by the Pledge Agreement have been taken, and the Pledge Agreement shall be in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Usi Holdings Corp)

Security Documents; etc. (a) On the Initial Borrowing Effective Date, each of the Credit Party Parties shall have duly authorized, executed and delivered a Pledge Agreement in the form of Exhibit H G (as amended, modifiedrestated, restated modified and/or supplemented from time to time in accordance with the terms thereof and hereof, the “Pledge Agreement”) and shall have delivered (to the extent not already held by the Collateral Agent on the Effective Date) to the Collateral Agent, as pledgee thereunder, all of the certificated Pledge Agreement Collateral referred to therein then owned by such Credit Party Parties and required to be pledged pursuant to the terms thereof, (x) endorsed in blank in the case of promissory notes or (y) accompanied by executed and undated transfer powers in the case of certificated Equity Interests, along with evidence that all other actions necessary or, in the reasonable opinion of the Collateral Agent, desirable, to perfect the security interests purported to be created by the Pledge Agreement have been taken, and the Pledge Agreement shall be in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Usi Holdings Corp)

Security Documents; etc. (a) On the Initial Borrowing Date, ------------------------ each of the Credit Party Parties shall have duly authorized, executed and delivered a Pledge Agreement in the form of Exhibit H G (as amended, modifiedrestated, restated modified and/or supplemented from time to time in accordance with the terms thereof and hereof, the "Pledge Agreement") and shall have delivered to the Collateral Agent, as pledgee thereunder, all of the certificated Pledge Agreement Collateral Pledged Securities referred to therein then owned by such Credit Party Parties and required to be pledged pursuant to the terms thereof, (x) endorsed in blank in the case of promissory notes or (y) accompanied by executed and undated transfer stock powers in the case of certificated Equity Interestscapital stock, along with evidence that all other actions necessary or, in the reasonable opinion of the Collateral Agent, desirable, to perfect the security interests purported to be created by the Pledge Agreement have been taken, and the Pledge Agreement shall be in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Pacer Express Inc)

Security Documents; etc. (a) On the Initial Borrowing Date, each of the Credit Party Parties shall have duly authorized, executed and delivered a Pledge Agreement in the form of Exhibit H G (as amended, modifiedrestated, restated modified and/or supplemented from time to time in accordance with the terms thereof and hereof, the "U.S. Pledge Agreement") and shall have delivered to the Collateral Agent, as pledgee thereunder, all of the certificated Pledge Agreement Collateral referred to therein then owned by such Credit Party Parties and required to be pledged pursuant to the terms thereof, (x) endorsed in blank in the case of promissory notes or (y) accompanied by executed and undated transfer powers in the case of certificated Equity Interests, along with evidence that all other actions necessary or, in the reasonable opinion of the Collateral Agent, desirable, to perfect the security interests purported to be created by the U.S. Pledge Agreement have been taken, and the U.S. Pledge Agreement shall be in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Pacer International Inc)

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Security Documents; etc. (a) On the Initial Borrowing Date, each of the Credit Party Parties shall have duly authorized, executed and delivered a Pledge Agreement pledge agreement in the form of Exhibit H G-1 (as amended, modifiedrestated, restated modified and/or supplemented from time to time in accordance with the terms thereof and hereof, the “U.S. Pledge Agreement”) and shall have delivered to the Collateral Agent, as pledgee thereunder, all of the certificated Pledge Agreement Collateral referred to therein then owned by such Credit Party Parties and required to be pledged pursuant to the terms thereof, (x) endorsed in blank in the case of promissory notes or (y) accompanied by executed and undated transfer powers in the case of certificated Equity Interests, along with evidence that all other actions necessary or, in the reasonable opinion of the Collateral Agent, desirable, to perfect the security interests purported to be created by the U.S. Pledge Agreement have been taken, and the U.S. Pledge Agreement shall be in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Quality Distribution Inc)

Security Documents; etc. (a) On the Initial Borrowing Date, each Each Credit Party shall have duly authorized, executed and delivered a the Pledge Agreement in the form of Exhibit H G (as amended, modified, restated and/or supplemented from time to time in accordance with the terms thereof and hereof, the “Pledge Agreement”) and shall have delivered to the Collateral Agent, as pledgee thereunder, all of the certificated Pledge Agreement Collateral referred to therein then owned by such Credit Party and required to be pledged pursuant to the terms thereof, (x) endorsed in blank in the case of promissory notes notes, Intercompany Notes and Certificates of Indebtedness or (y) accompanied by executed and undated transfer powers in the case of certificated Equity Interests, along with evidence that all other actions necessary or, in the reasonable opinion of the Collateral Agent, desirable, to perfect the security interests purported to be created by the Pledge Agreement have been taken, and the Pledge Agreement shall be in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Stonemor Partners Lp)

Security Documents; etc. (a) On the Initial Borrowing Date, each of the Credit Party Parties shall have duly authorized, executed and delivered a Pledge Agreement pledge agreement in the form of Exhibit H G-1 (as amended, modifiedrestated, restated modified and/or supplemented from time to time in accordance with the terms thereof and hereof, the "U.S. Pledge Agreement") and shall have delivered to the Collateral Agent, as pledgee thereunder, all of the certificated Pledge Agreement Collateral referred to therein then owned by such Credit Party Parties and required to be pledged pursuant to the terms thereof, (x) endorsed in blank in the case of promissory notes or (y) accompanied by executed and undated transfer powers in the case of certificated Equity Interests, along with evidence that all other actions necessary or, in the reasonable opinion of the Collateral Agent, desirable, to perfect the security interests purported to be created by the U.S. Pledge Agreement have been taken, and the U.S. Pledge Agreement shall be in full force and effect.

Appears in 1 contract

Samples: Credit Agreement (Quality Distribution Inc)

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