Issuer Security and Pledge Agreement Sample Contracts

ISSUER SECURITY AND PLEDGE AGREEMENT
Issuer Security and Pledge Agreement • January 21st, 2010 • FriendFinder Networks Inc. • Services-computer programming, data processing, etc. • New York

THIS ISSUER SECURITY AND PLEDGE AGREEMENT (this “Agreement”), is made as of December 6, 2007 by and between Interactive Network, Inc., a Nevada corporation (the “Issuer”), and each Subsidiary of the Issuer listed on the signature pages hereto (the “Subsidiary Guarantors” and together with the Issuer, the “Grantors”) and U.S. Bank National Association, a national banking association, as collateral agent (in such capacity, the “Agent”) for the Holders of the Notes party to that certain Sellers’ Security Agreement (as amended and in effect from time to time, the “Sellers’ Securities Agreement”) dated as of the date hereof, by and among the Issuer, the subsidiaries of the Issuer, Penthouse Media Group, Inc., a Nevada corporation (“PMGI”) and the subsidiaries of PMGI, the Holders, and the Agent as administrative agent and collateral agent for the Holders. This Agreement secures (i) the obligations of the Issuer under the Notes and (ii) the Guaranteed Obligations of the Subsidiary Guarantors

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FIRST AMENDMENT TO ISSUER SECURITY AND PLEDGE AGREEMENT
Issuer Security and Pledge Agreement • January 21st, 2010 • FriendFinder Networks Inc. • Services-computer programming, data processing, etc. • New York

This FIRST AMENDMENT TO ISSUER SECURITY AND PLEDGE AGREEMENT (this “Amendment”), dated as of August 28, 2006, amends the Issuer Security and Pledge Agreement (the “Original Security Agreement”) entered into as of August 17, 2005 by and between the parties hereto, to wit: Penthouse Media Group Inc., a Nevada corporation (formerly a Delaware corporation) (the “Issuer”), and U.S. Bank National Association, as administrative agent and collateral agent (in such capacity, the “Agent”). Capitalized terms used herein without definition shall have the respective meanings herein assigned to such terms in the Original Security Agreement (prior to this Amendment).

ISSUER SECURITY AND PLEDGE AGREEMENT
Issuer Security and Pledge Agreement • January 21st, 2010 • FriendFinder Networks Inc. • Services-computer programming, data processing, etc. • New York

THIS ISSUER SECURITY AND PLEDGE AGREEMENT (this “Agreement”), is made as of August 17, 2005 by and between Penthouse Media Group Inc., a Delaware corporation (the “Issuer”), having its principal place of business at 6800 Broken Sound Parkway, Suite 100, Boca Raton, FL 33487 and U.S. Bank National Association, a national banking association, as collateral agent (in such capacity, the “Agent”) for the Holders (collectively, the “Holders”) party to a Securities Purchase Agreement (as amended and in effect from time to time, the “Securities Purchase Agreement”) dated as of the date hereof, by and among the Issuer, the subsidiaries of the Issuer, as Guarantors, such “Holders,” and the Agent as administrative agent and collateral agent for the Holders. This Agreement secures the obligations of the Issuer under its 11.0% Senior Secured Promissory Notes due 2010 (the “Notes”), issued pursuant to the Securities Purchase Agreement, and under the other Note Documents.

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