Common use of Additional Obligation Clause in Contracts

Additional Obligation. Subject to the Agreed Security Principles, the Grantors shall, from time to time, enter into any additional documents and instruments that are necessary to enable the Collateral Agent to protect the rights created hereby, in connection with the Pledged Quotas or with any part of them or to the exercise by the Collateral Agent of any right, power or authority granted herein. Furthermore, subject to the Agreed Security Principles, the Grantors shall protect the security interest of the Secured Parties in connection with the Pledged Quotas against claims and demands of any kind.

Additional Obligation. Subject to the Agreed Security Principles, the Grantors Grantor shall, from time to time, enter into any additional documents and instruments that are necessary to enable the Collateral Agent to protect the rights created hereby, in connection with the Pledged Quotas or with any part of them or to the exercise by the Collateral Agent of any right, power or authority granted herein. Furthermore, subject to the Agreed Security Principles, the Grantors Grantor shall protect the security interest of the Secured Parties in connection with the Pledged Quotas against claims and demands of any kind.