Examples of Pledge Agent in a sentence
The Pledge Agent shall record on its books the security interest granted hereby over the Pledged Securities for the benefit of any specific series of Securities, and shall take such other actions as shall be necessary so that it is always possible to identify which securities are held by the Pledge Agent in its capacity as agent hereunder and which securities are held by it in its capacity as custodian of the Issuer’s assets or in any other capacity.
Such Confirmation of Pledge shall be delivered to the Pledge Agent at the time of the delivery or other transfer of any Pledged Securities.
Any surplus of such cash or cash proceeds held by the Pledge Agent and remaining after payment in full of all the Obligations shall be paid over to the Issuer or to a court of competent jurisdiction for its determination as to whom may be lawfully entitled to receive such surplus.
If the Pledged Securities are held by a third party acting as agent of the Pledge Agent, the name of the account in which the Pledged Securities are held shall include a reference to the fact that the securities are owned or held by the Pledge Agent as agent under this Indenture, in addition to any other capacity in which the securities are owned or held by the Pledge Agent.
With respect to Pledged Securities that are uncertificated securities or that are certificated securities whose ownership interest is recorded in a book-entry system, the Issuer shall register the Pledged Securities in the name of the Pledge Agent in the books of the financial intermediary on whose books the Issuer’s ownership interest in said Pledged Securities would otherwise appear recorded.
All certificates or instruments representing or evidencing Pledged Securities securing a specific series of Securities, if any, shall be delivered to the Pledge Agent, or at the Pledge Agent’s request to the Pledge Agent’s agent, and held by the Pledge Agent or by the Pledge Agent’s agent pursuant hereto solely as agent of and for the exclusive benefit of the Holders of the Securities of such specific series.
All physical Pledged Securities delivered to the Pledge Agent shall be endorsed in blank or as otherwise required by the Pledge Agent.
As Runco and Charles (1997) suggest a number of different studies suggest various slumps of creative potential and performance throughout the lifespan.
The Company shall reimburse the Pledge Agent upon request for all reasonable expenses, disbursements, and advances incurred or made by the Pledge Agent in implementing any of the provisions of this Agreement, including compensation and the reasonable expenses and disbursements of its counsel.
The Trustee shall, at least five Business Days prior to an Interest Payment Date, submit to the Pledge Agent a completed Payment Notice and Disbursement Request substantially in the form of Exhibit A hereto.