Common use of Additional Collateral Documents Clause in Contracts

Additional Collateral Documents. (i) On or before the date which is forty-five (45) days following the date hereof (or such later date to which the Agent may agree in its discretion), the Credit Parties shall have delivered, or caused to be delivered, to Agent (A) originals of all Notes and other instruments evidencing the Parent Subordinated Indebtedness owing to Holdings and all Intercompany Notes, and (B) evidence of the Credit Parties compliance with each of Section 4.11 of the Credit Agreement and Section 5.19 of the Credit Agreement with respect to the deposit accounts of Holdings; provided, the Credit Parties hereby agree no deposit account of Holdings shall contain funds in excess of $100,000 until and unless the provisions of this clause (f)(i)(B) have been satisfied by the Credit Parties; and (ii) On or before the date which is ninety (90) days following the date hereof (or such later date to which the Agent may agree in its discretion), the Credit Parties shall have delivered, or caused to be delivered, to Agent, all in form and substance acceptable to Agent in its reasonable discretion, counterpart originals of all additional Collateral Documents evidencing the required pledge of the additional Collateral, including the real estate, equipment, other fixed assets and Stock of the Credit Parties (other than Holdings).