SUBSEQUENTLY FORMED SUBSIDIARIES. Borrower shall cause all subsequently formed Subsidiaries to execute a Subsidiaries' Guaranty and Security Agreement and shall pledge all their capital stock to the Lender and the Agent pursuant to a Pledge Agreement, all in form and substance satisfactory to the Agent and its counsel.
Appears in 2 contracts
Sources: Convertible Loan Agreement (Caminosoft Corp), Convertible Loan Agreement (Caminosoft Corp)