Common use of Additional Pledgors Clause in Contracts

Additional Pledgors. It is understood and agreed that any Subsidiary (as defined in the Credit Agreements) of the Parent that is required to become a party to this Agreement after the date hereof pursuant to the requirements of the Credit Agreements shall automatically become a Pledgor hereunder by (x) executing a counterpart hereof and/or an assumption agreement, in each case in form and substance satisfactory to the Pledgee and (y) taking all actions as specified in Section 3 of this Agreement as would have been taken by such Pledgor had it been an original party to this Agreement, in each case with all documents required above to be delivered to the Pledgee and with all actions required to be taken above to be taken to the reasonable satisfaction of the Pledgee.

Appears in 4 contracts

Sources: Pari Passu Pledge Agreement (Gener8 Maritime, Inc.), Credit Agreement (Gener8 Maritime, Inc.), Pari Passu Pledge Agreement (Gener8 Maritime, Inc.)

Additional Pledgors. It is understood and agreed that any Subsidiary (as defined in the Credit Agreements) of the Parent Holdings that is required to become a party to this Agreement after the date hereof pursuant to the requirements of the Credit Agreements Agreement or any other Credit Document, shall automatically become a Pledgor hereunder by (x) executing a counterpart hereof and/or an assumption agreement, in each case in form and substance satisfactory delivering same to the Pledgee Pledgee, (y) delivering supplements to Annexes A through G hereto as are necessary to cause such annexes to be complete and accurate with respect to such additional Pledgor on such date and (yz) taking all actions as specified in Section 3 of this Agreement as would have been taken by such Pledgor had it been an original party to this Agreement, in each case with all documents required above to be delivered to the Pledgee and with all documents and actions required to be taken above to be taken to the reasonable satisfaction of the Pledgee.

Appears in 4 contracts

Sources: Credit Agreement (Dole Food Co Inc), Credit Agreement (Dole Food Co Inc), Credit Agreement (Dole Food Co Inc)

Additional Pledgors. It is understood and agreed that any Subsidiary (as defined in the Credit Agreements) of the Parent Borrower that is required to become execute a party to counterpart of this Agreement after the date hereof pursuant to the requirements of the Credit Agreements Agreement shall automatically become a Pledgor hereunder by (x) executing a counterpart hereof and/or an assumption agreement, in each case in form and substance satisfactory delivering the same to the Pledgee Pledgee, (y) delivering supplements to Annexes A through D hereto as are necessary to cause such annexes to be complete and accurate with respect to such additional Pledgor on such date and (yz) taking all actions as specified in Section 3 of this Agreement as would have been taken by such Pledgor had it been an original party to this Agreement, in each case with all documents required above to be delivered to the Pledgee and with all documents and actions required to be taken above to be taken to the reasonable satisfaction of the Pledgee.

Appears in 3 contracts

Sources: Credit Agreement (Strategic Hotels & Resorts, Inc), Credit Agreement (Strategic Hotels & Resorts, Inc), Credit Agreement (Strategic Hotels & Resorts, Inc)

Additional Pledgors. It is understood and agreed that any Subsidiary (as defined in the Credit Agreements) of the Parent Borrower that is required to become a party to this Agreement after the date hereof pursuant to the requirements of the Credit Agreements Agreement shall automatically become a Pledgor hereunder by (x) executing a counterpart hereof and/or an assumption agreementa Joinder Agreement, in each case in form (y) delivering supplements to Annexes A through F hereto as are necessary to cause such Annexes to be complete and substance satisfactory accurate with respect to the Pledgee such additional Pledgor on such date and (yz) taking all actions as specified in Section 3 of this Agreement as would have been taken by such Pledgor had it been an original party to this Agreement, in each case with all documents required above to be delivered to the Pledgee and with all actions required to be taken above to be taken to the reasonable satisfaction of the Pledgee.

Appears in 3 contracts

Sources: Credit Agreement, Credit Agreement (Gener8 Maritime, Inc.), Credit Agreement (Gener8 Maritime, Inc.)

Additional Pledgors. It is understood and agreed that any Subsidiary (as defined in the Credit Agreements) of the Parent Borrower that is required to become a party to this Agreement after the date hereof pursuant to the requirements Section 7.11(c) of the Credit Agreements Agreement shall automatically become a Pledgor hereunder by (x) executing a counterpart hereof and/or an assumption agreementor a joinder hereto, in each case in form (y) delivering supplements to Annexes A through F hereto as are necessary to cause such Annexes to be complete and substance satisfactory accurate with respect to the Pledgee such additional Pledgor on such date and (yz) taking all actions as specified in Section 3 of this Agreement as would have been taken by such Pledgor had it been an original party to this Agreement, in each case with all documents required above to be delivered to the Pledgee and with all actions required to be taken above to be taken to the reasonable satisfaction of the Pledgee.

Appears in 2 contracts

Sources: Credit Agreement (Diamond S Shipping Inc.), Credit Agreement (Diamond S Shipping Inc.)

Additional Pledgors. It is understood and agreed that any Subsidiary (as defined in the Credit Agreements) of the Parent Borrower that is required to become a party to this Agreement after the date hereof pursuant to the requirements Sections 5.10 and 5.11 of the Credit Agreements Agreement shall automatically become a Pledgor hereunder by (x) executing a counterpart hereof and/or an assumption agreementor a joinder hereto, in each case in form (y) delivering supplements to Annexes A through F hereto as are necessary to cause such Annexes to be complete and substance satisfactory accurate with respect to the Pledgee such additional Pledgor on such date and (yz) taking all actions as specified in Section 3 of this Agreement as would have been taken by such Pledgor had it been an original party to this Agreement, in each case with all documents required above to be delivered to the Pledgee and with all actions required to be taken above to be taken to the reasonable satisfaction of the Pledgee.

Appears in 2 contracts

Sources: Revolving Credit Agreement (International Seaways, Inc.), Credit Agreement (International Seaways, Inc.)

Additional Pledgors. It is understood and agreed that any Subsidiary (as defined in the Credit Agreements) of the Parent Borrower that is required to become a party to this Agreement after the date hereof pursuant to the requirements of the Credit Agreements Agreement or any other Credit Document, shall automatically become a Pledgor hereunder by (x) executing a counterpart hereof and/or an assumption agreement, in each case in form and substance satisfactory delivering same to the Pledgee Pledgee, (y) delivering supplements to Annexes A through G, hereto as are necessary to cause such annexes to be complete and accurate with respect to such additional Pledgor on such date and (yz) taking all actions as specified in Section 3 of this Agreement as would have been taken by such Pledgor had it been an original party to this Agreement, in each case with all documents required above to be delivered to the Pledgee and with all documents and actions required to be taken above to be taken to the reasonable satisfaction of the Pledgee.

Appears in 2 contracts

Sources: Pledge Agreement (Hughes Electronics Corp), Pledge Agreement (RCN Corp /De/)

Additional Pledgors. It is understood and agreed that any Subsidiary (as defined in the Credit Agreements) of the Parent Borrower that is required to become a party to this Agreement after the date hereof pursuant to the requirements of the Credit Agreements Agreement or any other Credit Document, shall automatically become a Pledgor hereunder by (x) executing a counterpart hereof and/or an assumption agreement, Joinder Agreement substantially in each case in the form and substance satisfactory of Exhibit M to the Pledgee Credit Agreement, (y) delivering supplements to Annexes A through E, hereto as are necessary to cause such annexes to be complete and accurate with respect to such additional Pledgor on such date and (yz) taking all actions as specified in Section 3 of this Agreement as would have been taken by such Pledgor had it been an original party to this Agreement, in each case with all documents required above to be delivered to the Pledgee and with all documents and actions required to be taken above to be taken to the reasonable satisfaction of the Pledgee.

Appears in 1 contract

Sources: Pledge Agreement (Central Texas Corridor Hospital Company, LLC)

Additional Pledgors. It is understood and agreed that any Subsidiary (as defined in the Credit Agreements) of the Parent Holdings that is required to become a party to this Agreement after the date hereof pursuant to the requirements of the Credit Agreements Loan Documents, shall automatically become a Pledgor hereunder by (x) executing a counterpart hereof and/or an assumption agreement, in each case in form and substance satisfactory delivering same to the Pledgee and Pledgee, (y) delivering supplements to Annexes A through G, as are necessary to cause such annexes to be complete and accurate with respect to such additional Pledgor on such date and (z) taking all all. actions as specified in Section 3 of this Agreement as would have been taken by such Pledgor had it been an original party to this Agreement, in each case with all documents required above to be delivered to the Pledgee and with all documents and actions required to be taken above to be taken to the reasonable satisfaction of the Pledgee.

Appears in 1 contract

Sources: Credit Agreement (Centerplate, Inc.)

Additional Pledgors. It is understood and agreed that any Subsidiary (as defined in the Credit Agreements) of the Parent Borrower that is required to become a party to this Agreement after the date hereof pursuant to the requirements of the Credit Agreements Agreement or any other Loan Document, shall automatically become a the Pledgor hereunder by (x) executing a counterpart hereof and/or an assumption agreement, in each case in form and substance satisfactory delivering same to the Pledgee Pledgee, (y) delivering supplements to Annex A hereto as are necessary to cause such annex to be complete and accurate with respect to such additional Pledgor on such date and (yz) taking all actions as specified in Section 3 of this Agreement as would have been taken by such the Pledgor had it been an original party to this Agreement, in each case with all documents required above to be delivered to the Pledgee and with all documents and actions required to be taken above to be taken to the reasonable satisfaction of the Pledgee.. * * * *

Appears in 1 contract

Sources: Pledge Agreement (TAL International Group, Inc.)

Additional Pledgors. It is understood and agreed that any Subsidiary (as defined in the Credit Agreements) of the Parent Company that is required to become a party to this Agreement after the date hereof pursuant to the requirements of the Credit Agreements Agreement or any other Credit Document, shall automatically become a Pledgor hereunder by (x) executing a counterpart hereof and/or an assumption agreement, in each case in form and substance satisfactory delivering same to the Pledgee Pledgee, (y) delivering supplements to Annexes A through G hereto as are necessary to cause such annexes to be complete and accurate with respect to such additional Pledgor on such date and (yz) taking all actions as specified in Section 3 of this Agreement as would have been taken by such Pledgor had it been an original party to this Agreement, in each case with all documents required above to be delivered to the Pledgee and with all documents and actions required to be taken above to be taken to the reasonable satisfaction of the Pledgee.

Appears in 1 contract

Sources: Credit Agreement (Dole Food Co Inc)

Additional Pledgors. It is understood and agreed that any Subsidiary (as defined in the Credit Agreements) of the Parent Borrower that is required to become execute a party to counterpart of this Agreement after the date hereof pursuant to the requirements of the Credit Agreements Agreement or any other Credit Document shall automatically become a Pledgor hereunder by (x) executing a counterpart hereof and/or an assumption agreement, in each case in form or a Joinder Agreement and substance satisfactory delivering the same to the Pledgee Pledgee, (y) delivering supplements to Annexes A through G hereto as are necessary to cause such annexes to be complete and accurate with respect to such additional Pledgor on such date and (yz) taking all actions as specified in Section 3 of this Agreement as would have been taken by such Pledgor had it been an original party to this Agreement, in each case with all documents required above to be delivered to the Pledgee and with all documents and actions required to be taken above to be taken to the reasonable satisfaction of the Pledgee.

Appears in 1 contract

Sources: Pledge Agreement (Town Sports International Holdings Inc)

Additional Pledgors. It is understood and agreed that any Subsidiary (as defined in the Credit Agreements) of the Parent Holdings that is required to become a party to this Agreement after the date hereof pursuant to the requirements of the Credit Agreements Agreement or any other Credit Document, shall automatically become a Pledgor hereunder by (x) executing a counterpart hereof and/or an assumption agreement, in each case in form and substance satisfactory delivering same to the Pledgee Pledgee, (y) delivering supplements to Annexes A through E, hereto as are necessary to cause such annexes to be complete and accurate with respect to such additional Pledgor on such date and (yz) taking all actions as specified in Section 3 of this Agreement as would have been taken by such Pledgor had it been an original party to this Agreement, in each case with all documents required above to be delivered to the Pledgee and with all documents and actions required to be taken above to be taken to the reasonable satisfaction of the Pledgee.

Appears in 1 contract

Sources: Pledge Agreement (Centerpoint Energy Inc)