Common use of Pledge Documents Clause in Contracts

Pledge Documents. In consideration of the Company’s issuance of the Common Stock, the Warrant and payment of the Loan Acquisition Fee (as defined in Section 1.2 below), ▇▇▇▇▇ hereby agrees that he shall, or he shall cause MR 10011, as the case may be, at Closing (as defined in Section 2.1 below), execute and deliver, in favor of the Bank, whatever documentation the Bank reasonably requires in connection with the renewal of the Loan, including but not limited to executing the Renewal Revolving Promissory Note, Modification of Revolving Line of Credit Loan Agreement and Mortgage Modification Agreement (collectively, the “Renewal Loan Documents”).

Appears in 2 contracts

Sources: Credit Enhancement and Financing Security Agreement (GelTech Solutions, Inc.), Credit Enhancement and Financing Security Agreement (GelTech Solutions, Inc.)