As to Capital Securities of the Subsidiaries, Investment Property. (a) With respect to the Pledged Shares, all such Pledged Shares are duly authorized and validly issued, fully paid and non-assessable, and represented by a certificate.
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Samples: Assumption Agreement (Energy XXI Gulf Coast, Inc.), Intercreditor Agreement (Epl Oil & Gas, Inc.), Pledge and Security Agreement (Energy XXI LTD)
As to Capital Securities of the Subsidiaries, Investment Property. (a) With respect to the Pledged Shares, all such Pledged Shares are duly authorized and validly issued, fully paid and non-assessable, and represented by a certificate.. Second Lien Pledge and Security Agreement and Irrevocable Proxy
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