Common use of Additional Pledgors Clause in Contracts

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of the Subsidiaries of Company as set forth on SCHEDULE VI annexed hereto. From time to time subsequent to the date hereof, additional Subsidiaries of Company may become parties hereto as additional Pledgors (each an "ADDITIONAL PLEDGOR"), by executing a counterpart of this Agreement substantially in the form of SCHEDULE V annexed hereto. Upon delivery of any such counterpart to Secured Party, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent not to cause any Subsidiary of Company to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 2 contracts

Sources: Credit Agreement (Alliance Imaging Inc /De/), Credit Agreement (Alliance Imaging Inc /De/)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of the Subsidiaries of Company as set forth on SCHEDULE VI annexed hereto. From time to time subsequent to the date hereof, additional Subsidiaries of Company may become parties hereto hereto, as additional Pledgors (each an "ADDITIONAL PLEDGORAdditional Pledgor"), by executing a counterpart of an acknowledgement to this Agreement substantially in the form of SCHEDULE V Schedule III annexed hereto. Upon delivery of any such counterpart to Administrative Agent and Secured Party, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent not to cause any Subsidiary of Company to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 2 contracts

Sources: Credit Agreement (Aurora Foods Inc /Md/), Credit Agreement (Aurora Foods Inc /De/)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of the Subsidiaries of Company as set forth on SCHEDULE VI annexed hereto. From time to time subsequent to the date hereof, additional Subsidiaries of Company any Pledgor may become parties hereto as additional Pledgors (each an the "ADDITIONAL PLEDGORAdditional Pledgors"), by executing a counterpart of this Agreement (the "Counterpart") substantially in the form of SCHEDULE V annexed Exhibit B hereto. Upon delivery of any such counterpart Counterpart to Secured Partythe Agent, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent not to cause any Subsidiary of Company Pledgors to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 2 contracts

Sources: Pledge Agreement (Mobile Mini Inc), Pledge Agreement (Mobile Mini Inc)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of the Subsidiaries of Company as set forth parties signatories hereto on SCHEDULE VI annexed heretothe date hereof. From time to time subsequent to the date hereof, additional Subsidiaries of Company any Pledgor may become parties hereto hereto, as additional Pledgors (each each, an "ADDITIONAL PLEDGORAdditional Pledgor"), by executing a counterpart of this Agreement substantially in the form of SCHEDULE V annexed Exhibit A attached hereto. Upon delivery of any such counterpart to Secured PartyAgent, notice of which is hereby waived by the Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, hereunder nor by any election of Administrative Agent not to cause any Subsidiary of Company any Pledgor to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 2 contracts

Sources: Pledge Agreement (Coyne International Enterprises Corp), Pledge Agreement (Coyne International Enterprises Corp)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of the Subsidiaries of Company as set forth on SCHEDULE VI annexed Persons that are signatories hereto. From time to time subsequent to the date hereof, additional Subsidiaries of Company Persons may become parties hereto as additional Pledgors (each an "ADDITIONAL PLEDGOR"), “Additional Pledgor”) by executing a counterpart of this Agreement substantially Pledge Supplement in the form of SCHEDULE V annexed heretoExhibit B attached hereto (or such other form as may be satisfactory to the Lead Lenders and Administrative Agent). Upon delivery of any such counterpart Pledge Supplement to Secured PartyAdministrative Agent, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory heretohereof. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor or by any election of by Administrative Agent or any Lenders not to cause any Subsidiary of Company the Borrower to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other such Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 2 contracts

Sources: Pledge Agreement (Warren Resources Inc), Pledge Agreement (Warren Resources Inc)

Additional Pledgors. The initial Subsidiary Pledgors hereunder Company shall be such of the Subsidiaries of Company as set forth on SCHEDULE VI annexed heretoinitial Pledgor hereunder. From time to time subsequent to the date hereof, additional Subsidiaries of Company Subsidiary Guarantors may become parties hereto as additional Pledgors (each an "ADDITIONAL PLEDGOR"), “Additional Pledgor”) by executing a counterpart of this Agreement substantially in the form of SCHEDULE V Schedule III annexed hereto. Upon delivery of any such counterpart to Secured Party, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent Secured Party or any Senior Secured Creditor not to cause any Subsidiary of Company Guarantor to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Pledge Agreement (Nu Skin Enterprises Inc)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be Company and such of the Subsidiaries of Company Subsidiary Guarantors as set forth are signatories hereto on SCHEDULE VI annexed heretothe date hereof. From time to time subsequent to the date hereof, additional Subsidiaries of Company Subsidiary Guarantors may become parties hereto as additional Additional Pledgors (each an "ADDITIONAL PLEDGOR"), by executing a counterpart of to this Agreement substantially in the form of SCHEDULE Schedule V annexed heretohereto (a “Counterpart”). Upon delivery of any such counterpart Counterpart to Secured Party, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent Secured Party not to cause any Subsidiary of Company to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Credit Agreement (Urs Corp /New/)

Additional Pledgors. The initial Each Person that is required to become a party to this Agreement, or that Parent designates as a Subsidiary Pledgors hereunder shall be such Guarantor, after the Effective Date pursuant to Section 5.9 of the Subsidiaries of Company as set forth on SCHEDULE VI annexed hereto. From time to time subsequent to the date hereofCredit Agreement, additional Subsidiaries of Company may shall become parties a party hereto as an additional Pledgors (each an "ADDITIONAL PLEDGOR"), Pledgor by executing and delivering a counterpart of this Agreement substantially in the form of SCHEDULE V annexed heretoPledge Supplement (each, an “Additional Pledgor”). Upon delivery of any such counterpart Pledge Supplement to Secured Partythe Collateral Agent, notice of which is hereby waived by the Pledgors, each such Additional Pledgor shall be become a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative the Collateral Agent not to cause any Subsidiary of Company Parent that is required by the terms of the Credit Agreement to become an Additional Pledgor to in fact become an Additional Pledgor hereunder. This Agreement shall be fully effective as effective, with respect to any Pledgor that is or becomes a party hereto an original signatory hereof, at the date hereof and, with respect to any Additional Pledgor, at the date its Pledge Supplement is delivered to the Collateral Agent, in each case, regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Pledge and Security Agreement (New Residential Investment Corp.)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of Persons as are signatories hereto on the Subsidiaries of Company as set forth on SCHEDULE VI annexed heretodate hereof. From time to time subsequent to the date hereof, the other Borrowers and additional Subsidiaries of Company any Borrower may become parties hereto hereto, as additional Pledgors (each an "ADDITIONAL PLEDGORAdditional Pledgor"), by executing a counterpart of this Agreement substantially joinder in the form of SCHEDULE V annexed Exhibit A attached hereto. Upon delivery of any such counterpart joinder to Secured PartyAgent, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory heretohereof. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent not to cause any Borrower or Subsidiary of Company any Borrower to become an Additional Pledgor hereunder. This Pledge Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Credit Agreement (Mediabay Inc)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such Pursuant to Section 5.12 of the Subsidiaries Credit Agreement, each Subsidiary of the Company as set forth that that was not in existence or not a Subsidiary on SCHEDULE VI annexed hereto. From time to time subsequent to the date hereof, additional Subsidiaries of Company may the Credit Agreement is required to become parties hereto as additional Pledgors (each an "ADDITIONAL PLEDGOR"), by executing a counterpart of Loan Party and to enter in this Agreement substantially as a Subsidiary Pledgor upon becoming a Subsidiary if such Subsidiary owns or possesses property of a type that would be considered Collateral hereunder. Upon execution and delivery by the Collateral Agent and such Subsidiary of an instrument in the form of SCHEDULE V annexed heretoAnnex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein. Upon The execution and delivery of such instrument shall not require the consent of any such counterpart to Secured Party, notice Pledgor hereunder. The rights and obligations of which is hereby waived by Pledgors, each such Additional Pledgor hereunder shall be a remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor and shall be as fully a party hereto to this Agreement. In addition to the foregoing, the Company shall cause each Person that owns the Equity Interests of a Subsidiary of the Company that is a Loan Party that was not in existence or not a Subsidiary on the date of the Credit Agreement promptly upon acquiring such Equity Interests to enter in this Agreement as if such Additional a Subsidiary Pledgor were an original signatory (to the extent not already a party hereto). Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected hereby authorizes the Collateral Agent to supplement this Agreement by supplementing the Schedules hereto or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent not adding additional schedules hereto to cause any Subsidiary of Company to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to specifically identify any Pledgor or Equity Interest that is or becomes a party hereto regardless of whether any other Person becomes or fails subject to become or ceases to be a Pledgor hereunderthis Agreement.

Appears in 1 contract

Sources: Superpriority Debtor in Possession Credit Agreement (Great Atlantic & Pacific Tea Co Inc)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of the Subsidiaries of Company Subsidiary Guarantor as set forth on SCHEDULE Schedule VI annexed hereto. From time to time subsequent to the date hereof, additional Subsidiaries of Company Subsidiary Guarantor may become parties hereto as additional Pledgors (each an "ADDITIONAL PLEDGOR"“Additional Pledgor”), by executing a counterpart of this Agreement substantially in the form of SCHEDULE Schedule V annexed hereto. Upon delivery of any such counterpart to Secured Party, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent Secured Party not to cause any Subsidiary of Company to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Credit Agreement (Urs Corp /New/)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of the Subsidiaries of Company as set forth are signatories hereto on SCHEDULE VI annexed heretothe date hereof. From time to time subsequent to the date hereof, additional Subsidiaries of Company may become parties hereto hereto, as additional Pledgors (each an "ADDITIONAL PLEDGORAdditional Pledgor"), by executing a counterpart of an acknowledgement to this Agreement substantially in the form of SCHEDULE V Schedule III annexed hereto. Upon delivery of any such counterpart to Administrative Agent and Secured Party, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent not to cause any Subsidiary of Company to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Credit Agreement (DMW Worldwide Inc)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of the Subsidiaries of Company the Borrower as set forth on SCHEDULE Schedule VI annexed hereto. From time to time subsequent to the date hereof, additional Subsidiaries of Company the Borrower may become parties hereto as additional Pledgors (each an "ADDITIONAL PLEDGOR"“Additional Pledgor”), by executing a counterpart of this Agreement substantially in the form of SCHEDULE Schedule V annexed hereto. Upon delivery of any such counterpart to the Secured Party, notice of which is hereby waived by the Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent the Secured Party not to cause any Subsidiary of Company the Borrower to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Pledge Agreement (Apogent Technologies Inc)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of the Subsidiaries of Company as set forth parties signatories hereto on SCHEDULE VI annexed heretothe date hereof. From time to time subsequent to the date hereof, additional Subsidiaries of Company Persons may become parties hereto hereto, as additional Pledgors (each each, an "ADDITIONAL PLEDGOR"), by executing a counterpart of this Agreement substantially in the form of SCHEDULE V annexed EXHIBIT B attached hereto. Upon delivery of any such counterpart to Secured PartyAgent, notice of which is hereby waived by the Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, hereunder nor by any election of Administrative Agent not to cause any Subsidiary of Company any Pledgor to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Pledge Agreement (Tefron LTD)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be Company and such of the Subsidiaries of Company and other Persons as set forth are signatories hereto on SCHEDULE VI annexed heretothe date hereof. From time to time subsequent to the date hereof, additional Subsidiaries of Company Persons may become parties hereto as required by the Note and Warrant Purchase Agreement, as additional Pledgors (each an "ADDITIONAL PLEDGORAdditional Pledgor"), by executing a counterpart of this Agreement substantially in the form of SCHEDULE V annexed heretoAgreement. Upon delivery of any such counterpart to Secured Partythe Collateral Agent, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory heretohereof. At the time of delivery of such counterpart to the Collateral Agent, such Additional Pledgor also shall deliver to the Collateral Agent a duly executed Pledge Amendment, together with the Pledged Collateral referred to therein. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative the Collateral Agent not to cause any Subsidiary of the Company to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Pledge Agreement (Artistdirect Inc)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of the Subsidiaries of Company as set forth on SCHEDULE VI annexed hereto. From time to time time, subsequent to the date hereof, in accordance with the terms of the Credit Agreement, additional Subsidiaries of Company Guarantors may become parties hereto as additional Pledgors (each an "ADDITIONAL PLEDGOR"“Additional Pledgor”), by executing a counterpart of this Pledge Agreement substantially in the form of SCHEDULE V Exhibit B annexed heretohereto or an Instrument of Assumption and Joinder in the form of Exhibit I to the Credit Agreement, as applicable. Upon delivery of any such counterpart or any such Instrument of Assumption and Joinder to Secured Partythe Administrative Agent, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Without limiting the generality of the foregoing, any Pledged Subsidiary Securities described in the schedules attached to any such counterpart or to any such Instrument of Assumption and Joinder shall be deemed to be part of, and shall become part of, the Pledged Equity Interests, the descriptions thereof shall supplement the schedules attached to this Pledge Agreement, and such property shall secure all Obligations. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent not to cause any Subsidiary of Company Guarantor to become an Additional Pledgor hereunder. This Pledge Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or becomes, fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Equity Pledge Agreement (World Wrestling Entertainmentinc)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of the Subsidiaries of Company as set forth on SCHEDULE Schedule VI annexed hereto. From Subject to the terms of Section 6.8 of the Credit Agreement, from time to time subsequent to the date hereof, additional Domestic Subsidiaries of Company (including any Domestic Subsidiary that ceases to be an Immaterial Domestic Subsidiary) may become parties hereto as additional Pledgors (each an "ADDITIONAL PLEDGOR"“Additional Pledgor”), by executing a counterpart of this Agreement substantially in the form of SCHEDULE Schedule V annexed hereto. Upon delivery of any such counterpart to Secured Party, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent Secured Party not to cause any Subsidiary of Company to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.. Exh. XIII-16 Domestic Pledge Agreement

Appears in 1 contract

Sources: Credit Agreement (Sybron Dental Specialties Inc)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of the Subsidiaries of Company as set forth are signatories hereto on SCHEDULE VI annexed heretothe date hereof. From time to time subsequent to the date hereof, additional Subsidiaries of Company may become parties hereto hereto, as additional Pledgors (each an "ADDITIONAL PLEDGORAdditional Pledgor"), by executing a counterpart of an acknowledgement to this Agreement substantially in the form of SCHEDULE V Schedule III annexed hereto. Upon delivery of any such counterpart to Chase Co- Administrative Agent and Secured Party, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Chase Co-Administrative Agent not to cause any Subsidiary of Company to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Credit Agreement (Outsourcing Solutions Inc)

Additional Pledgors. The initial Subsidiary Pledgors Pledgor hereunder shall be such of include the Subsidiaries of Company as set forth signatory hereto on SCHEDULE VI annexed heretothe date hereof. From time to time subsequent to the date hereof, additional Subsidiaries of Company Persons may become parties hereto hereto, as additional Pledgors (each each, an "ADDITIONAL PLEDGOR"“Additional Pledgor”), by executing a counterpart of this Agreement substantially in the form of SCHEDULE V annexed Exhibit A attached hereto. Upon delivery of any such counterpart to Secured PartyLender, notice of which is hereby waived by the Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, hereunder nor by any election of Administrative Agent Lender not to cause any Subsidiary of Company any Pledgor to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Pledge Agreement (Asta Funding Inc)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such Each Pledgor acknowledges that, pursuant to Section 5.12 of the Subsidiaries of Company as set forth on SCHEDULE VI annexed hereto. From time Credit Agreement, the Borrower is required to time subsequent cause each Person which becomes a domestic Subsidiary to the date hereof, additional Subsidiaries of Company may Borrower or any Pledgor to become parties a party to hereto as an additional Pledgors Pledgor (each such Person, an "ADDITIONAL PLEDGORAdditional Pledgor"), ) by executing an Instrument of Assumption and Joinder (a counterpart of this Agreement "Joinder") substantially in the form of SCHEDULE V annexed heretoExhibit K attached to the Credit Agreement. Upon delivery of any such counterpart Joinder to Secured Partythe Administrative Agent or the Collateral Agent, as the case may be, notice of which is hereby waived by the Pledgors, each such Additional Pledgor shall be deemed a Pledgor hereunder and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be discharged, diminished or otherwise affected or diminished (a) by the addition or release of any other Pledgor hereunder, nor (b) any failure by any election of Administrative Agent not the Borrower or a Pledgor to cause any Subsidiary of Company to become an Additional Pledgor or a Pledgor hereunder or (c) by reason of the Collateral Agent's or any of the Secured Parties' actions in effecting, or failure to effect, any such Joinder, or in releasing any Pledgor hereunder, in each case without the necessity of giving notice to or obtaining the consent of any other Pledgor. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Pledge Security Agreement (Oneida LTD)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be such of the Subsidiaries of Company as set forth on SCHEDULE VI Schedule V annexed hereto. From time to time subsequent to the date hereof, additional Subsidiaries of Company may become parties hereto as additional Pledgors (each an "ADDITIONAL PLEDGOR"“Additional Pledgor”), by executing a counterpart of this Agreement substantially in the form of SCHEDULE V Schedule IV annexed hereto. Upon delivery of any such counterpart to Secured PartyCollateral Agent, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent not to cause any Subsidiary of Company to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Credit Agreement (Alliance HealthCare Services, Inc)

Additional Pledgors. The initial Subsidiary Pledgors hereunder shall be Company and such of the Subsidiaries of Company Subsidiary Pledgors as set forth are signatories hereto on SCHEDULE VI annexed heretothe date hereof. From time to time subsequent to the date hereof, additional Subsidiaries of Company may become parties hereto as additional Additional Pledgors (each an "ADDITIONAL PLEDGOR"), by executing a counterpart of this Agreement substantially in the form of SCHEDULE V annexed heretoCounterpart. Upon delivery of any such counterpart Counterpart to Secured Party, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent Secured Party not to cause any Subsidiary of Company to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Credit Agreement (Ruths Hospitality Group, Inc.)

Additional Pledgors. The initial Subsidiary Pledgors Pledgor(s) hereunder shall be such of Person(s) as are signatories hereto on the Subsidiaries of Company as set forth on SCHEDULE VI annexed heretodate hereof. From time to time subsequent to the date hereof, additional Subsidiaries subsidiaries of the Company may shall become parties hereto hereto, as additional Pledgors (each an "ADDITIONAL PLEDGORAdditional Pledgor"), by executing a counterpart of this Agreement substantially joinder in the form of SCHEDULE V annexed Exhibit A attached hereto. Upon delivery of any such counterpart joinder to Secured Party, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory heretohereof. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent Secured Party not to cause the Company or any Subsidiary of Company its Subsidiaries to become an Additional Pledgor hereunder. This Pledge Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Pledge Agreement (Xinhua Finance Media LTD)

Additional Pledgors. The initial Subsidiary Pledgors hereunder Company shall be such of the Subsidiaries of Company as set forth on SCHEDULE VI annexed heretoinitial Pledgor hereunder. From time to time subsequent to the date hereof, additional Subsidiaries of Company Subsidiary Guarantors may become parties hereto as additional Pledgors (each an "ADDITIONAL PLEDGORAdditional Pledgor"), ) by executing a counterpart of this Agreement substantially in the form of SCHEDULE V Schedule III annexed hereto. Upon delivery of any such counterpart to Secured Party, notice of which is hereby waived by Pledgors, each such Additional Pledgor shall be a Pledgor and shall be as fully a party hereto as if such Additional Pledgor were an original signatory hereto. Each Pledgor expressly agrees that its obligations arising hereunder shall not be affected or diminished by the addition or release of any other Pledgor hereunder, nor by any election of Administrative Agent Secured Party or any Senior Secured Creditor not to cause any Subsidiary of Company Guarantor to become an Additional Pledgor hereunder. This Agreement shall be fully effective as to any Pledgor that is or becomes a party hereto regardless of whether any other Person becomes or fails to become or ceases to be a Pledgor hereunder.

Appears in 1 contract

Sources: Pledge Agreement (Nu Skin Enterprises Inc)