Common use of Additional Pledgors Clause in Contracts

Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.

Appears in 11 contracts

Samples: Pledge Agreement (Superior National Insurance Group Inc), Pledge Agreement (Pool Energy Services Co), Pledge Agreement (Jordan Industries Inc)

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Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the PledgeePledgee and Annexes A, B, C and D will be modified at such time in a manner acceptable to the Pledgee to give effect to such additional Pledgor.

Appears in 6 contracts

Samples: Pledge Agreement (Fairpoint Communications Inc), Pledge Agreement (Fairpoint Communications Inc), Pledge Agreement (National Tobacco Co Lp)

Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.. * * * *

Appears in 6 contracts

Samples: Security Agreement (Symons Corp), Pledge Agreement (Extended Stay America Inc), Pledge Agreement (Infousa Inc)

Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to Sections 7.12 and/or 8.15 of the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.. * * *

Appears in 3 contracts

Samples: Pledge Agreement (Kilovac International Inc), Pledge Agreement (Communications Instruments Inc), Pledge Agreement (Globe Manufacturing Corp)

Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.

Appears in 3 contracts

Samples: Credit Agreement (Welbilt, Inc.), Security Agreement (Manitowoc Foodservice, Inc.), Security Agreement (Manitowoc Foodservice, Inc.)

Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to Sections 7.13 and/or 8.14 of the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.. * * *

Appears in 3 contracts

Samples: Pledge Agreement (McMS Inc), Pledge Agreement (Therma Wave Inc), Pledge Agreement (Therma Wave Inc)

Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.

Appears in 3 contracts

Samples: Security Agreement (Eldertrust), Security Agreement (Acg Holdings Inc), Pledge and Security Agreement (Eldertrust)

Additional Pledgors. It is understood and agreed that any Wholly-Owned Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.

Appears in 2 contracts

Samples: Pledge Agreement (Doubletree Corp), Credit Agreement (Doubletree Corp)

Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to Section 7.11 of the DIP Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.. * * * *

Appears in 1 contract

Samples: Pledge Agreement (Weblink Wireless Inc)

Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required by the Credit Agreement to execute become a counterpart of Pledgor under this Agreement after the date hereof pursuant to the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart the Joinder to Pledge Agreement in the form of Annex I hereof and delivering the same to the Pledgee."

Appears in 1 contract

Samples: Security Agreement and Pledge Agreement (Infousa Inc)

Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to Sections 7.13 and/or 8.15 of the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.

Appears in 1 contract

Samples: Pledge Agreement (Carcomp Services Inc)

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Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.. * * *

Appears in 1 contract

Samples: Security Agreement (Extended Stay America Inc)

Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower Borrowers that is required to execute a counterpart of this Agreement after the date hereof pursuant to the DIP Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.

Appears in 1 contract

Samples: Lockup Agreement (Philip Services Corp)

Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to Sections 7.13 and/or 8.15 of the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.. * * *

Appears in 1 contract

Samples: Pledge Agreement (Safelite Glass Corp)

Additional Pledgors. It is understood and agreed that any Any Subsidiary of the Borrower established or created after the date hereof and that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.. ***

Appears in 1 contract

Samples: Credit Agreement (Eye Care Centers of America Inc)

Additional Pledgors. It is understood and agreed that any Domestic Subsidiary of the U.S. Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.

Appears in 1 contract

Samples: Bailee Agreement (Alliance Gaming Corp)

Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to Section 8.13 or 9.15 of the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.. * * * *

Appears in 1 contract

Samples: Pledge Agreement (Pagemart Wireless Inc)

Additional Pledgors. It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Credit any Secured Debt Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.. * * *

Appears in 1 contract

Samples: Pledge Agreement (Frontier Insurance Group Inc)

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