Pledge Amendments. Agents shall have received (i) amendments to the Guaranty and Security Agreement evidencing the pledge by BRSO of its owned-Stock and Stock Equivalents (as of the Fourth Amendment Effective Date) in BRSO 67th and BRCR, each in the form of Annex 1 to the Guaranty and Security Agreement, and in substance reasonably satisfactory to the Agents and the Lenders and (ii) to the extent applicable, original certificates of such Stock and Stock Equivalents referred to in clause (i), together with irrevocable proxies and stock powers and/or assignments, as applicable, duly executed in blank.
Appears in 2 contracts
Sources: Credit Agreement (Black Rock Coffee Bar, Inc.), Credit Agreement (Black Rock Coffee Bar, Inc.)