Pledge of Additional Securities Collateral. Each Pledgor shall, upon obtaining any Pledged Securities, accept the same in trust for the benefit of the Trustee and promptly (but in any event within five days after receipt thereof) deliver to the Trustee a pledge amendment, duly executed by such Pledgor, in substantially the form of Exhibit 2 hereto (each, a “Pledge Amendment”), and the certificates and other documents required under Section 3.1 and Section 3.2 hereof in respect of the additional Pledged Securities which are to be pledged pursuant to this Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities. Each Pledgor hereby authorizes the Trustee to attach each Pledge Amendment to this Agreement and agrees that all Pledged Securities listed on any Pledge Amendment delivered to the Trustee shall for all purposes hereunder be considered Pledged Collateral.
Appears in 2 contracts
Sources: Pledge Agreement (Intcomex, Inc.), Pledge Agreement (Intcomex Holdings, LLC)
Pledge of Additional Securities Collateral. Each Pledgor The Grantor shall, upon obtaining any Pledged SecuritiesInterests of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Trustee Lender and promptly (but in any event within five days after receipt thereof) forthwith deliver to the Trustee Lender a pledge amendment, duly executed by such Pledgorthe Grantor, in substantially the form of Exhibit 2 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under Section SECTION 3.1 and Section SECTION 3.2 hereof in respect of the additional Pledged Securities Interests which are to be pledged pursuant to this Security Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged SecuritiesInterests. Each Pledgor The Grantor hereby authorizes the Trustee Lender to attach each Pledge Amendment to this Security Agreement and agrees that all Pledged Securities Interests listed on any Pledge Amendment delivered to the Trustee Lender shall for all purposes hereunder be considered Pledged Collateral.
Appears in 1 contract
Sources: Security Agreement (Bluefly Inc)
Pledge of Additional Securities Collateral. Each Pledgor Grantor shall, upon obtaining any Pledged SecuritiesSecurities Collateral of any person, accept the same in trust for the benefit of the Trustee Agent and promptly (but in any event within five (5) days after receipt thereof) deliver to the Trustee Agent a pledge amendment, duly executed by such PledgorGrantor, in substantially the form of Exhibit 2 hereto and substance reasonably satisfactory to Agent (eacheach a, a “Pledge Amendment”), and the certificates and other documents required under Section 3.1 7(a) and Section 3.2 7(b) hereof in respect of the additional Pledged Securities Collateral which are to be pledged pursuant to this Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged SecuritiesSecurities Collateral. Each Pledgor Grantor hereby authorizes the Trustee Agent to attach each Pledge Amendment to this Agreement and agrees that all Pledged Securities Collateral listed on any Pledge Amendment delivered to the Trustee Agent shall for all purposes hereunder be considered Pledged Collateral.
Appears in 1 contract
Sources: Guaranty and Security Agreement (Kronos Worldwide Inc)
Pledge of Additional Securities Collateral. Each Pledgor shall, upon obtaining any Pledged SecuritiesSecurities Collateral of any Person required to be pledged hereunder, accept the same in trust for the benefit of the Trustee Agent and promptly (but in any event within five days after receipt thereof) forthwith deliver to the Trustee Agent a pledge amendment, duly executed by such Pledgor, in substantially the form of Exhibit 2 1 annexed hereto (each, a “Pledge Amendment”), and the certificates and other documents required under Section 3.1 and Section 3.2 hereof in respect of the additional Pledged Securities Collateral which are to be pledged pursuant to this Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged SecuritiesSecurities Collateral. Each Pledgor hereby authorizes the Trustee Agent to attach each Pledge Amendment to this Agreement and agrees that all Pledged Securities Collateral listed on any Pledge Amendment delivered to the Trustee Agent shall for all purposes hereunder be considered Pledged Collateral.
Appears in 1 contract
Sources: Security Agreement (Sportsman's Warehouse Holdings, Inc.)
Pledge of Additional Securities Collateral. Each Pledgor shall, upon obtaining any Pledged SecuritiesSecurities of any person, accept the same in trust for the benefit of the Trustee Collateral Agent and promptly (but in any event within forty-five (45) days after receipt thereof) deliver to the Trustee Collateral Agent a pledge amendment, duly executed by such Pledgor, in substantially the form of Exhibit 2 hereto (each, a “Pledge Amendment”), and the certificates and other documents required under Section 3.1 and Section 3.2 hereof in respect of the additional Pledged Securities which are to be pledged pursuant to this Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged Securities. Each Pledgor hereby authorizes the Trustee Collateral Agent to attach each Pledge Amendment to this Agreement and agrees that all Pledged Securities listed on any Pledge Amendment delivered to the Trustee Collateral Agent shall for all purposes hereunder be considered Pledged Collateral.
Appears in 1 contract
Sources: Security Agreement (Aleris Corp)
Pledge of Additional Securities Collateral. Each Pledgor Grantor shall, upon obtaining any Pledged SecuritiesSecurities Collateral of any person, accept the same in trust for the benefit of the Trustee Agent and promptly (but in any event within five (5) days after receipt thereof) deliver to the Trustee Agent a pledge amendment, duly executed by such PledgorGrantor, in substantially the form of Exhibit 2 hereto attached as Annex 4 (eacheach a, a “"Pledge Amendment”"), and the certificates and other documents required under Section 3.1 7(a) and Section 3.2 7(b) hereof in respect of the additional Pledged Securities Collateral which are to be pledged pursuant to this Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged SecuritiesSecurities Collateral. Each Pledgor Grantor hereby authorizes the Trustee Agent to attach each Pledge Amendment to this Agreement and agrees that all Pledged Securities Collateral listed on any Pledge Amendment delivered to the Trustee Agent shall for all purposes hereunder be considered Pledged Notes Collateral.. -9- (b)
Appears in 1 contract
Sources: Pledge Agreement
Pledge of Additional Securities Collateral. Each Pledgor Grantor shall, upon obtaining any Pledged SecuritiesSecurities Collateral of any person, accept the same in trust for the benefit of the Trustee Agent and promptly (but in any event within five (5) days after receipt thereof) deliver to the Trustee Agent a pledge amendment, duly executed by such PledgorGrantor, in substantially the form of Exhibit 2 hereto attached as Annex 4 (eacheach a, a “"Pledge Amendment”"), and the certificates and other documents required under Section 3.1 7(a) and Section 3.2 7(b) hereof in respect of the additional Pledged Securities Collateral which are to be pledged pursuant to this Agreement, and confirming the attachment of the Lien hereby created on and in respect of such additional Pledged SecuritiesSecurities Collateral. Each Pledgor Grantor hereby authorizes the Trustee Agent to attach each Pledge Amendment to this Agreement and agrees that all Pledged Securities Collateral listed on any Pledge Amendment delivered to the Trustee Agent shall for all purposes hereunder be considered Pledged Notes Collateral.
Appears in 1 contract