Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Loan Documents, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, Pledgor and the Companies shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Loan Documents, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the Loan Documents, then Pledgor and the Companies shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.
Appears in 7 contracts
Samples: Pledge and Escrow Agreement (Sack Lunch Productions Inc.), Pledge and Escrow Agreement (Sack Lunch Productions Inc.), Pledge and Escrow Agreement (Sack Lunch Productions Inc.)
Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Loan Transaction Documents, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, Pledgor and the Companies shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Loan Debentures and the Transaction Documents, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the Loan Transaction Documents, then Pledgor and the Companies shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.
Appears in 6 contracts
Samples: Pledge and Escrow Agreement (Revolutions Medical CORP), Pledge and Escrow Agreement (Aqualiv Technologies, Inc.), Pledge and Escrow Agreement (Aqualiv Technologies, Inc.)
Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Loan Documents, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, Pledgor and the Companies Company shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Loan Documents, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the Loan Documents, then Pledgor and the Companies Company shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.
Appears in 2 contracts
Samples: Pledge and Escrow Agreement (SRAX, Inc.), Security Agreement (Drone USA Inc.)
Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Loan Transaction Documents, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, Pledgor and the Companies shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Loan Transaction Documents, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the Loan Transaction Documents, then Pledgor and the Companies Issuer shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.
Appears in 1 contract
Samples: Pledge Agreement (SinglePoint Inc.)
Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Loan Transaction Documents, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, Pledgor and the Companies shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Loan Transaction Documents, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the Loan Transaction Documents, then Pledgor and the Companies shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.
Appears in 1 contract
Samples: Pledge and Escrow Agreement (Inventergy Global, Inc.)
Increase in Obligations. It is the intent of the parties to secure payment of the Obligations, as the amount of such Obligations may increase from time to time in accordance with the terms and provisions of the Loan Documents, and all of the Obligations, as so increased from time to time, shall be and are secured hereby. Upon the execution hereof, Pledgor Pledgors and the Companies shall pay any and all documentary stamp taxes and/or other charges required to be paid in connection with the execution and enforcement of the Loan Documents, and if, as and to the extent the Obligations are increased from time to time in accordance with the terms and provisions of the Loan Documents, then Pledgor Pledgors and the Companies shall immediately pay any additional documentary stamp taxes or other charges in connection therewith.
Appears in 1 contract
