Certain Covenants of the Pledgor. The Pledgor agrees that, so long as any of its obligations under the Purchase Agreement remain outstanding:
Certain Covenants of the Pledgor. The Pledgor agrees that, so long as any of its obligations under the Forward Contract remain outstanding:
Certain Covenants of the Pledgor. Each Pledgor covenants and agrees that (a) it will defend the Banks' right, title and security interest in and to the Pledged Collateral and the proceeds thereof against the claims and demands of all persons whomsoever other than any Person claiming a right in the Pledged Collateral pursuant to an agreement between such Person and the Banks and other than the holder of a Permitted Lien; (b) it will have like title to and right to pledge any other property at any time hereafter pledged to the Agent pursuant to the Credit Agreement and will likewise defend the Agent's right thereto and security interest therein; (c) except as permitted by the Credit Agreement it will not assign, transfer, pledge, or otherwise encumber any of its right, title or interest under, in or to the Pledged Collateral other than pursuant hereto; (d) except as permitted by the Credit Agreement it will not take or omit to take any action, or permit any Subsidiary, any shares of capital stock of which constitute a part of the Pledged Collateral, to take or omit to take any action, the taking or the omission of which might result in an alteration or impairment of the Pledged Collateral or of this Pledge Agreement; (e) it will not permit any Subsidiary, any shares of capital stock of which constitute a part of the Pledged Collateral, to repeal, amend or modify its articles or certificate of incorporation, bylaws or other organizational documents, other than as permitted under the terms of the Credit Agreement; (f) it will cause each Subsidiary, any shares of capital stock of which constitute a part of the Pledged Collateral, to maintain accurate stock record and stock transfer books, and upon request of the Agent, provide the Agent with access to and copies of such stock record and stock transfer books; (g) it will not, without the prior written consent of the Agent, waive or release any obligation of any party to the Pledged Collateral; and (h) it will execute and deliver to the Agent and record such supplements to this Pledge Agreement and additional assignments as the Agent reasonably may request to evidence and confirm the pledge herein contained.
Certain Covenants of the Pledgor. The Pledgor agrees that, so long as any of its obligations under the Purchase Contracts or the Purchase Contract Agreement remain outstanding: (a) Title to Collateral. The Pledgor shall, subject to the terms of this Agreement, at all times hereafter have good title to the Collateral pledged hereunder, free of all Liens (other than the Liens created by this Collateral Agreement) and Transfer Restrictions (except for those permitted by Section 3(e) hereof), and, subject to the terms of this Collateral Agreement, will at all times hereafter have good, right and lawful authority to assign, transfer and pledge such Collateral and all such additions thereto and substitutions therefor under this Collateral Agreement. The Pledgor shall warrant and defend the Pledgor’s title to the Collateral, subject to the rights of the Collateral Agent, against the claims and demands of all Persons. (b)
