Examples of Pledge Supplement in a sentence
Grantor has caused this Pledge Supplement to be duly executed and delivered by its duly authorized officer as of [mm/dd/yy].
This Pledge Supplement shall constitute a Loan Document under the Credit Agreement.
Upon delivery of any such Pledge Supplement to the Collateral Agent, notice of which is hereby waived by Grantors, each Additional Grantor shall be a Grantor and shall be as fully a party hereto as if Additional Grantor were an original signatory hereto.
The Supplement to the form of Pledge Supplement set forth at Annex 2 to the Guarantee and Collateral Agreement shall be amended by replacing the phrase “Security Agreement” appearing in the title to such Supplement with the phrase “Guaranty and Collateral Agreement”.
Each Grantor hereby covenants and agrees that with respect to any Commercial Tort Claim hereafter arising that could reasonably be likely to result in an award in favor of such Grantor in excess of $15 million it shall deliver to the Collateral Agent a completed Pledge Supplement, substantially in the form of Exhibit A attached hereto, together with all Supplements to Schedules thereto, identifying such new Commercial Tort Claims.