Common use of Joinder of Additional Guarantors Clause in Contracts

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the Indenture, to execute and deliver to the Collateral Agent (a) a joinder agreement to this Agreement in the form of Exhibit 7 hereto and (b) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created and, in each case, upon such execution and delivery, such Subsidiary shall constitute a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Pledgor herein. The execution and delivery of such joinder agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 4 contracts

Sources: Second Lien Security Agreement (Carrols Restaurant Group, Inc.), Second Lien Security Agreement (Carrols Restaurant Group, Inc.), Second Lien Security Agreement (Carrols Restaurant Group, Inc.)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer Borrower which, from time to time, after the date hereof shall be required to pledge any assets (other than Excluded Property) to the Collateral Agent for the benefit of the Secured Parties Party pursuant to the provisions of the IndentureLoan Agreement, to execute and deliver to the Collateral Agent Secured Party (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (bii) a Perfection Certificate, in each case, within thirty (30) 30 days of the date on which it was acquired or created andcreated, in each case, and upon such execution and delivery, such Subsidiary shall constitute a "Guarantor" and a "Pledgor" for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 3 contracts

Sources: Loan Agreement (Raptor Pharmaceutical Corp), Loan Agreement (Raptor Pharmaceutical Corp), Loan Agreement (Raptor Pharmaceutical Corp)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer Borrower which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of Section 5.10(b) of the IndentureABL Credit Agreement, (a) to execute and deliver to the Collateral Agent (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 1 hereto and (bii) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created and, in each case, Certificate and upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement. For the avoidance of doubt, no Excluded Subsidiary shall be required to become a Pledgor hereunder.

Appears in 3 contracts

Sources: Credit Agreement (Norcraft Companies, Inc.), Credit Agreement (Norcraft Companies, Inc.), u.s. Security Agreement (Norcraft Companies Lp)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer Borrower which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the IndentureCredit Agreement, to execute and deliver to the Collateral Agent (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto by the applicable date specified in Section 6.12 of the Credit Agreement and (bii) at such time a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created Certificate and, in each case, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 3 contracts

Sources: Credit Agreement (Davita Inc), Credit Agreement (Davita Inc), Credit Agreement (Davita Inc)

Joinder of Additional Guarantors. The Pledgors shall cause each direct or indirect Subsidiary of the Issuer any Loan Party which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Credit Parties pursuant to the provisions of the IndentureCredit Agreement, to execute and deliver to the Collateral Agent (a) a joinder agreement to this Agreement in the form of Exhibit 7 hereto and (b) a Perfection CertificateCertificate and a Joinder Agreement, in each case, within thirty five (305) days Business Days of the date on which it was acquired or created and, in each case, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery , including, but limited to, granting the Collateral Agent a security interest in all Securities Collateral of such joinder agreement shall not require the consent of any Pledgor hereunderSubsidiary. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 2 contracts

Sources: Security Agreement (Sportsman's Warehouse Holdings, Inc.), Security Agreement (Sportsmans Warehouse Holdings Inc)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer Borrower which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the IndentureCredit Agreement, to execute and deliver to the Collateral Agent (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (bii) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created and, in each casecreated, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 2 contracts

Sources: First Lien Security Agreement (RiskMetrics Group Inc), Second Lien Security Agreement (RiskMetrics Group Inc)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer iPCS which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the Indenture, Indenture or any Additional Secured Debt Document to execute and deliver to the Collateral Agent (a) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (b) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created andcreated, in each case, and upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 2 contracts

Sources: First Lien Security Agreement (iPCS, INC), Second Lien Security Agreement (iPCS, INC)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer Borrower which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Administrative Agent for the benefit of the Secured Parties pursuant to the provisions of the IndentureCredit Agreement, to execute and deliver to the Collateral Administrative Agent (a) a joinder agreement to this Agreement substantially in the form of attached as Exhibit 7 hereto A to the Guaranty and (b) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created and, in each case, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 2 contracts

Sources: Security Agreement (Salem Communications Corp /De/), First Lien Security Agreement (Salem Communications Corp /De/)

Joinder of Additional Guarantors. The Pledgors Each Pledgor shall cause each Subsidiary of the Issuer its subsidiaries which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties become a Pledgor pursuant to the provisions of the Indenture, Credit Agreement (a) to execute and deliver to the Collateral Administrative Agent (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 2 hereto and (bii) a Perfection CertificateCertificate Supplement, in each case, within thirty sixty (3060) days of the date on which it was acquired or created and, in each case, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 2 contracts

Sources: Security Agreement (On Semiconductor Corp), Credit Agreement (Cable One, Inc.)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer whichthat, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent become a Guarantor for the benefit of the Secured Parties pursuant to the provisions Section 4.19 of the Indenture, to execute and deliver to the Collateral Agent (a) a joinder agreement to this Joinder Agreement in the form of Exhibit 7 hereto and (b) a Perfection Certificate, in each case, within thirty (30) 30 days of after the date on which it was acquired or created (or such later date as may be agreed in writing by the Controlling Party) and, in each case, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes under the Indenture and hereunder with the same force and effect as if originally named as a Guarantor and Pledgor therein and herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this AgreementAgreement or any other Notes Document.

Appears in 2 contracts

Sources: Security Agreement (Orexigen Therapeutics, Inc.), Security Agreement (Orexigen Therapeutics, Inc.)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer Borrower which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Administrative Agent for the benefit of the Secured Parties pursuant to the provisions of the IndentureCredit Agreement, to execute and deliver to the Collateral Administrative Agent (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (bii) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created and, in each case, and upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 2 contracts

Sources: Credit Agreement (Entravision Communications Corp), Security Agreement (Entravision Communications Corp)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer Borrower which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the IndentureCredit Agreement, to execute and deliver to the Collateral Agent (a) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (b) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created andcreated, in each case, and upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 1 contract

Sources: Security Agreement (Orbimage Inc)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer Parent which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the IndentureCredit Agreement, to execute and deliver to the Collateral Agent (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 1 hereto and (bii) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created and, in each casecreated, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 1 contract

Sources: Security Agreement (Bearingpoint Inc)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer WorldSpace which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the IndentureConvertible Notes, to execute and deliver to the Collateral Agent (a) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (b) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created andcreated, in each case, and upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 1 contract

Sources: Pledge and Security Agreement (WorldSpace, Inc)

Joinder of Additional Guarantors. The Pledgors shall cause each domestic Subsidiary of the Issuer which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the Indenture, Indenture to execute and deliver to the Collateral Agent (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (bii) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created and, in each casecreated, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 1 contract

Sources: Security Agreement (APT Sunshine State LLC)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer whichBorrower that, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent become a Guarantor for the benefit of the Secured Parties pursuant to the provisions Section 5.10 of the IndentureCredit Agreement, to execute and deliver to the Collateral Agent (a) a joinder agreement to this Joinder Agreement in the form of Exhibit 7 hereto and (b) a Perfection Certificate, in each case, within thirty (30) 60 days of after the date on which it was acquired or created (or such later date as may be agreed in writing by the Collateral Agent in its discretion) and, in each case, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes under the Credit Agreement and hereunder with the same force and effect as if originally named as a Guarantor and Pledgor therein and herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this AgreementAgreement or any other Loan Document.

Appears in 1 contract

Sources: First Lien Credit Agreement (SolarWinds Corp)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer Borrower which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of Section 5.10(b) of the IndentureTerm Loan Credit Agreement, (a) to execute and deliver to the Collateral Agent (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 1 hereto and (bii) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created and, in each case, Certificate and upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement. For the avoidance of doubt, no Excluded Subsidiary shall be required to become a Pledgor hereunder.

Appears in 1 contract

Sources: Security Agreement (Norcraft Companies Lp)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the Indenture, to execute and deliver to the Collateral Agent (a) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (b) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created andcreated, in each case, and upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 1 contract

Sources: Security Agreement (Orbimage Inc)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer Borrower which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the IndentureCredit Agreement, to execute and deliver to the Collateral Agent (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (bii) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created and, in each case, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 1 contract

Sources: Security Agreement (Barrington Quincy LLC)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer WorldSpace which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the IndentureBridge Notes, to execute and deliver to the Collateral Agent (a) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (b) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created andcreated, in each case, and upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 1 contract

Sources: Pledge and Security Agreement (WorldSpace, Inc)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer whichBorrower that, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent become a Guarantor for the benefit of the Secured Parties pursuant to the provisions Section 5.10 of the IndentureCredit Agreement, to execute and deliver to the Collateral Agent (a) a joinder agreement to this Joinder Agreement in the form of Exhibit 7 hereto and (b) a Perfection Certificate, in each case, within thirty (30) 60 days of after the date on which it was acquired or created (or such later date as may be agreed in writing by (subject to Section 5.10(d)(iii) of the Credit Agreement) the Controlling Party) and, in each case, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes under the Credit Agreement and hereunder with the same force and effect as if originally named as a Guarantor and Pledgor therein and herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this AgreementAgreement or any other Loan Document.

Appears in 1 contract

Sources: Second Lien Credit Agreement (SolarWinds Corp)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the Indenture, to execute and deliver to the Collateral Agent (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (bii) a Perfection Certificate, in each case, within thirty forty-five (3045) days of the date on which it was acquired or created and, in each case, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 1 contract

Sources: Security Agreement (Aleris Corp)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer Borrower which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the First Lien Secured Parties pursuant to the provisions of the IndentureFirst Lien Loan Documents, to execute and deliver to the Collateral Agent (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (bii) a Perfection CertificateCertificate Supplement, in each case, within thirty (30) days of the date on which it was acquired or created and, in each case, upon created. Upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 1 contract

Sources: Credit Agreement (Revel Entertainment Group, LLC)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the Indenture, to execute and deliver to the Collateral Agent (a) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 hereto and (b) a Perfection Certificate, in each case3 hereto, within thirty (30) days of the date on which it was acquired or created and, in each case, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 1 contract

Sources: Security Agreement (American Renal Associates LLC)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer Borrower which, from time to time, after the date hereof shall be required to pledge any assets to the Collateral First Lien Administrative Agent for the benefit of the Secured Parties pursuant to the provisions of the IndentureFirst Lien Credit Agreement, to execute and deliver to the Collateral First Lien Administrative Agent (a) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 hereto and (b) a Perfection Certificate, in each case3 hereto, within thirty (30) days of the date on which it was acquired or created and, in each case, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 1 contract

Sources: First Lien Credit Agreement (American Renal Associates Holdings, Inc.)

Joinder of Additional Guarantors. The Pledgors Issuers shall cause each Subsidiary of the Issuer parent which, from time to time, after the date hereof shall be required to pledge any assets to the Second Lien Collateral Agent for the benefit of the Secured Parties pursuant to the provisions of the Indenture, to execute and deliver to the Second Lien Collateral Agent (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (bii) a Perfection Certificate, in each case, within thirty (30) days of the date on which it was acquired or created and, in each case, upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 1 contract

Sources: Second Lien Security Agreement (Dynacast Inc.)

Joinder of Additional Guarantors. The Pledgors shall cause each Subsidiary of the Issuer Borrower which, from time to time, after the date hereof shall be required to pledge any assets (other than Excluded Property) to the Collateral Agent for the benefit of the Secured Parties Party pursuant to the provisions of the IndentureLoan Agreement, to execute and deliver to the Collateral Agent Secured Party (ai) a joinder agreement to this Joinder Agreement substantially in the form of Exhibit 7 3 hereto and (bii) a Perfection Certificate, in each case, within thirty (30) 30 days of the date on which it was acquired or created andcreated, in each case, and upon such execution and delivery, such Subsidiary shall constitute a “Guarantor” and a “Pledgor” for all purposes hereunder with the same force and effect as if originally named as a Guarantor and Pledgor herein. The execution and delivery of such joinder agreement Joinder Agreement shall not require the consent of any Pledgor hereunder. The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Guarantor and Pledgor as a party to this Agreement.

Appears in 1 contract

Sources: Loan Agreement (Raptor Pharmaceutical Corp)