Stock Pledge and Escrow Agreement Sample Clauses

Stock Pledge and Escrow Agreement. To secure the obligations of the Company under this Agreement and the Note, the Company shall pledge, hypothecate, and assign, to the Purchaser all the capital stock of its Subsidiary (the “Pledged Shares”), pursuant to a stock pledge and escrow agreement (“Stock Pledge and Escrow Agreement”). The Pledged Shares shall be transferred and delivered at Closing to Xxxxx & Associates (the “Escrow Agent”) pursuant to the terms of the Stock Pledge and Escrow Agreement.
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Stock Pledge and Escrow Agreement. The Shareholders shall have executed and delivered the Stock Pledge and Escrow Agreement, substantially in the form attached hereto as Exhibit H hereto and the Escrowed Shares shall have been deposited with the Escrow Agent to be held in escrow pursuant to the provisions of the Stock Pledge and Escrow Agreement.
Sample 1
Stock Pledge and Escrow Agreement. The Shareholder shall execute and deliver a Stock Pledge and Escrow Agreement (the "Escrow Agreement") in substantially the form attached hereto as Schedule 8.14.
Sample 1
Stock Pledge and Escrow Agreement. At Closing, Seller will grant Buyer a security interest in, and escrow with Buyer, 9,864 shares (the "Escrowed Shares") of the Shares acquired by Seller pursuant to Section 2.2.2 for purposes of satisfying any obligations Seller may have upon the occurrence of an adjustment to the Purchase Price pursuant to Section 2.4 or an indemnification obligation pursuant to Article XI. Fourteen months from the date of Closing, the security interest and escrow will terminate for the Escrowed Shares not otherwise foreclosed or subject to a then existing claim upon the terms and conditions set forth in the Stock Pledge and Escrow Agreement attached hereto as EXHIBIT "E" and incorporated by reference to be executed by Seller at Closing (the "Escrow Agreement").
Sample 1
Stock Pledge and Escrow Agreement. To secure the obligations of the Company under this Agreement and the Acquired Notes, the Company shall pledge, hypothecate, and assign, to the Purchaser all the capital stock or other ownership interests of its Subsidiaries listed on Schedule 1.5(b) hereto (the “Pledged Interests”), pursuant to a first amendment to stock pledge and escrow agreement (“Pledge Amendment”) in the form attached hereto as Exhibit D, which Pledge Amendment amends that certain stock pledge and escrow agreement dated August 16, 2010 between the Company and the Purchaser.
Sample 1
Stock Pledge and Escrow Agreement. Sections 6(a), 6(b) and 6(c) of the Omnibus Agreement currently provide that, subject to certain conditions, upon Closing, the PGMI Pledge Agreement shall be terminated and the certificates and stock powers representing the PGMI Stock pledged thereunder shall be released from escrow. With respect to the PGMI Pledge Agreement, the Omnibus Agreement is hereby amended to reflect that (a) on and after Closing, the PGMI Pledge Agreement shall remain in full force and effect until such time as the Release Tests (defined in Section 7 below) are met by Tenant, and (b) at Closing, the PGMI Pledge Agreement shall be amended to reflect the terms of the preceding clause (a) of this Section 1, with such amendment to be in form and substance reasonably acceptable to the CNL Parties.
Sample 1
Stock Pledge and Escrow Agreement. Simultaneous with the execution of this Agreement, the four members of the Company’s Board of Directors which are part of the acquisition group shall execute a Stock Pledge and Escrow Agreement whereby all shares of Common Stock owned by them (1,150,606 shares) will be pledged to the Company in order to secure the obligations of the Parent and Buyer hereunder.
Sample 1
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Related to Stock Pledge and Escrow Agreement

  • Stock Pledge Agreement The term "Stock Pledge Agreement" shall have the meaning set forth in Section 6.3(xiii).

  • Registration Rights Agreement and Escrow Agreement The parties have entered into the Registration Rights Agreement and the Escrow Agreement, each dated the date hereof.

  • Pledge Agreements Duly executed originals of each of the Pledge Agreements accompanied by (as applicable) (a) share certificates representing all of the outstanding Stock being pledged pursuant to such Pledge Agreement and stock powers for such share certificates executed in blank and (b) the original Intercompany Notes and other instruments evidencing Indebtedness being pledged pursuant to such Pledge Agreement, duly endorsed in blank.

  • Stock Pledge To evidence and perfect the Liens of Collateral Agent in the Subsidiary Stock, the Company and the Subsidiaries owning other Subsidiaries or Unrestricted Sub- sidiaries shall execute and deliver the Stock Pledge Agreement and will execute and deliver related undated stock powers ex- ecuted in blank by the Company and shall deliver all original certificates representing the Subsidiary Stock to Collateral Agent and will cause all issuers of Subsidiary Stock to execute and deliver pledge acknowledgments pursuant to the Stock Pledge Agreement.

  • Pledge and Security Agreement The security interest granted pursuant to this Agreement is granted in conjunction with the security interest granted to the Security Agent for the Secured Parties pursuant to the Pledge and Security Agreement, and the Grantors hereby acknowledge and affirm that the rights and remedies of the Security Agent with respect to the security interest in the Copyright Collateral made and granted hereby are more fully set forth in the Pledge and Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Agreement is deemed to conflict with the Pledge and Security Agreement, the provisions of the Pledge and Security Agreement shall control.

  • Escrow Agreements The parties hereto agree that, to the extent required by applicable law, they shall enter into and file with appropriate jurisdictions any escrow agreements or similar contractual arrangements with respect to the taxes covered by this Agreement. The terms of such agreements shall, to the extent set forth therein, and with respect to the parties thereto, prevail over the terms of this Agreement.

  • Escrow Agreement Purchaser and the Escrow Agent shall have executed and delivered the Escrow Agreement.

  • of the Pledge Agreement Upon the occurrence of a Termination Event, the Company shall promptly but in no event later than two Business Days thereafter give written notice to the Agent, the Collateral Agent and to the Holders, at their addresses as they appear in the Register.

  • Termination of Pledge Agreement This Agreement and the rights hereby granted by Pledgor in the Collateral shall cease, terminate and be void upon fulfillment of all of the obligations of Pledgor under the Securities Contract and hereunder. Any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by Secured Party, all at the request and expense of Pledgor.

  • Lockup Agreement The Company will deliver to the Subscribers on or before the Closing Date and enforce the provisions of irrevocable lockup agreements (“Lockup Agreement”) in the form annexed hereto as Xxxxxxx X0, Xxxxxxx X0 and Xxxxxxx X0, with the persons identified on Schedule 9(v) with respect to the Common Stock identified on Schedule 9(v). The Company further agrees it will not issue any shares described in Section 12(a)(v) unless the employee has delivered prior thereto an executed Lockup Agreement.

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