Subsidiary Pledge. Upon the creation or acquisition of any Subsidiary, the Parent shall cause such Subsidiary to execute and deliver a Joinder Agreement and such other documentation as the Agent may request to cause such Subsidiary to evidence, perfect, or otherwise implement the guaranty and security for repayment of the Obligations contemplated by the Master Guaranty and the Amended and Restated Master Security Agreement.
Appears in 2 contracts
Sources: Credit Agreement (Tufco Technologies Inc), Credit Agreement (Tufco Technologies Inc)
Subsidiary Pledge. Upon the creation or acquisition of any Subsidiary, other than the creation of the Insignificant Subsidiaries, the Parent shall cause such Subsidiary to execute and deliver a Subsidiary Joinder Agreement and such other documentation as the Agent may request to cause such Subsidiary to evidence, perfect, or otherwise implement the guaranty and security for repayment of the Obligations contemplated by a Guaranty, the Master Guaranty and the Amended and Restated Master Subsidiary Security Agreement and, if applicable, a Subsidiary Pledge Agreement.
Appears in 2 contracts
Sources: Credit Agreement (Horizon Health Corp /De/), Credit Agreement (Horizon Health Corp /De/)
Subsidiary Pledge. Upon the creation or acquisition of any SubsidiarySubsidiary to Parent other than Borrower, the Parent shall cause such Subsidiary to execute and deliver a Joinder Agreement and such other documentation as the Agent may request to cause such Subsidiary to evidence, perfect, or otherwise implement the guaranty and security for repayment of the Obligations contemplated by the Master Guaranty and the Amended and Restated Master Guarantor Security Agreement.
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