Common use of Pledged Intercompany Notes Clause in Contracts

Pledged Intercompany Notes. No later than the 30th day following the Closing Date (or such later date as may be agreed to by the Administrative Agent in its sole discretion), the Borrowers shall provide to the Administrative Agent fully executed originals of each promissory note (or replacement notes thereof) pledged and required to be delivered to the Collateral Agent pursuant to Section 4.4 of the Pledge and Security Agreement endorsed (without recourse) in blank (or accompanied by an executed transfer form in blank) by the pledgor thereof.