Common Contracts

3 similar Pledge Agreement contracts by Dover Motorsports Inc

PLEDGE AGREEMENT
Pledge Agreement • March 10th, 2004 • Dover Motorsports Inc • Services-amusement & recreation services • Maryland

THIS PLEDGE AGREEMENT (as amended, restated or otherwise modified, this “Agreement”), executed February 17, 2004 and effective as of February 19, 2004 is made by DOVER MOTORSPORTS, INC., a Delaware corporation, formerly known as Dover Downs Entertainment, Inc. (“Pledgor”) in favor of MERCANTILE-SAFE DEPOSIT AND TRUST COMPANY, as agent (the “Agent”) for the ratable benefit of each of the financial institutions (the “Lenders”) as are, or may from time to time become, parties to the Credit Agreement (as defined below).

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PLEDGE AGREEMENT
Pledge Agreement • March 10th, 2004 • Dover Motorsports Inc • Services-amusement & recreation services • Maryland

THIS PLEDGE AGREEMENT (as amended, restated or otherwise modified, this “Agreement”), executed February 17, 2004 and effective as of February 19, 2004 is made by GRAND PRIX ASSOCIATION OF LONG BEACH, INC., a California corporation (“Pledgor”) in favor of MERCANTILE-SAFE DEPOSIT AND TRUST COMPANY, as agent (the “Agent”) for the ratable benefit of each of the financial institutions (the “Lenders”) as are, or may from time to time become, parties to the Credit Agreement (as defined below).

PLEDGE AGREEMENT
Pledge Agreement • March 10th, 2004 • Dover Motorsports Inc • Services-amusement & recreation services • Maryland

THIS PLEDGE AGREEMENT (as amended, restated or otherwise modified, this “Agreement”), executed February 17, 2004 and effective as of February 19, 2004 is made by DOVER INTERNATIONAL SPEEDWAY, INC., a Delaware corporation (“Pledgor”) in favor of MERCANTILE-SAFE DEPOSIT AND TRUST COMPANY, as agent (the “Agent”) for the ratable benefit of each of the financial institutions (the “Lenders”) as are, or may from time to time become, parties to the Credit Agreement (as defined below).

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