Common use of Stock Pledge Agreement Clause in Contracts

Stock Pledge Agreement. If the Company shall enter into a stock pledge agreement in form and substance satisfactory to the Requisite Holders (each, a "Stock Pledge Agreement") pursuant to which the Company shall grant to the Collateral Agent or any other Institutional Holder a pledge of and security interest in the capital stock of a Subsidiary, then and in such event, the Company shall concurrently with the execution and delivery of such Stock Pledge Agreement, deliver to each of the holders of the Notes the following items:

Appears in 3 contracts

Samples: Note Agreement (Universal Forest Products Inc), Guaranty Agreement (Universal Forest Products Inc), Guaranty Agreement (Universal Forest Products Inc)

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Stock Pledge Agreement. If the Company shall enter into a stock pledge agreement in form and substance satisfactory to the Requisite Holders (each, a "β€œStock Pledge Agreement"”) pursuant to which the Company shall grant to the Collateral Agent or any other Institutional Holder a pledge of and security interest in the capital stock of a Subsidiary, then and in such event, the Company shall concurrently with the execution and delivery of such Stock Pledge Agreement, deliver to each of the holders of the Notes the following items:

Appears in 1 contract

Samples: Guaranty Agreement (Universal Forest Products Inc)

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