Common use of Additional Collateral; Further Assurances Clause in Contracts

Additional Collateral; Further Assurances. (a) Subject to applicable law, each Customer shall, unless the Metal Lender otherwise consents, (i) cause each operating Subsidiary of BEM which holds Consigned Precious Metal to become or remain a Customer and become a party to this Agreement by executing a Joinder Agreement. (b) Without limiting the foregoing, each Customer shall, and shall cause each of BEM’s Subsidiaries which is required to become a Customer pursuant to the terms of this Agreement to, execute and deliver, or cause to be executed and delivered, to the Metal Lender such other documents and agreements, and shall take or cause to be taken such actions as the Metal Lender may, from time to time, reasonably request to carry out the terms and conditions of this Agreement and the other Precious Metal Documents.

Appears in 3 contracts

Sources: Precious Metals Agreement (Brush Engineered Materials Inc), Precious Metals Agreement (Brush Engineered Materials Inc), Precious Metals Agreement (Brush Engineered Materials Inc)

Additional Collateral; Further Assurances. (a) Subject to applicable law, each Customer shall, unless the Metal Lender otherwise consents, (i) cause each operating Subsidiary of BEM which holds Consigned Precious Metal to become or remain a Customer and become a party to this Agreement by executing a Joinder Agreement. (b) Without limiting the foregoing, each Customer shall, and shall cause each of BEM’s Subsidiaries which is required to become a Customer pursuant to the terms of this Agreement to, execute and deliver, or cause to be executed and delivered, to the Metal Lender such other documents and agreements, and shall take or cause to be taken such actions as the Metal Lender may, from time to time, reasonably request to carry out the terms and conditions of this Agreement and the other Precious Metal Documents.

Appears in 1 contract

Sources: Consignment Agreement (MATERION Corp)

Additional Collateral; Further Assurances. (a) Subject to applicable law, each Customer shall, unless the Metal Lender Lenders otherwise consentsconsent, (i) cause each operating Subsidiary of BEM which holds Consigned Precious Metal to become or remain a Customer and become a party to this Agreement by executing a Joinder Agreement. (b) Without limiting the foregoing, each Customer shall, and shall cause each of BEM’s Subsidiaries which is required to become a Customer pursuant to the terms of this Agreement to, execute and deliver, or cause to be executed and delivered, to the Metal Lender Lenders such other documents and agreements, and shall take or cause to be taken such actions as the Metal Lender Lenders may, from time to time, reasonably request to carry out the terms and conditions of this Agreement and the other Precious Metal Documents.

Appears in 1 contract

Sources: Consignment Agreement (Brush Engineered Materials Inc)

Additional Collateral; Further Assurances. (a) Subject to applicable law, each Customer shall, unless the Metal Lender Supplier otherwise consents, (i) cause each operating Subsidiary of BEM which holds Consigned Precious Metal to become or remain a Customer and become a party to this Agreement by executing a Joinder Agreement. (b) Without limiting the foregoing, each Customer shall, and shall cause each of BEM’s Subsidiaries which is required to become a Customer pursuant to the terms of this Agreement to, execute and deliver, or cause to be executed and delivered, to the Metal Lender Supplier such other documents and agreements, and shall take or cause to be taken such actions as the Metal Lender Supplier may, from time to time, reasonably request to carry out the terms and conditions of this Agreement and the other Precious Metal Documents.

Appears in 1 contract

Sources: Precious Metals Agreement (Brush Engineered Materials Inc)

Additional Collateral; Further Assurances. (a) Subject to applicable law, each Customer shall, unless the Metal Lender Consignor otherwise consents, (i) cause each operating Subsidiary of BEM which holds Consigned Precious Metal to become or remain a Customer and become a party to this Agreement by executing a Joinder Agreement. (b) Without limiting the foregoing, each Customer shall, and shall cause each of BEM’s Subsidiaries which is required to become a Customer pursuant to the terms of this Agreement to, execute and deliver, or cause to be executed and delivered, to the Metal Lender Consignor such other documents and agreements, and shall take or cause to be taken such actions as the Metal Lender Consignor may, from time to time, reasonably request to carry out the terms and conditions of this Agreement and the other Precious Metal Documents.

Appears in 1 contract

Sources: Precious Metals Consignment Agreement (MATERION Corp)