Common use of As to Pledged Shares Clause in Contracts

As to Pledged Shares. In the case of any Pledged Shares constituting such Collateral, all of such Pledged Shares are duly authorized and validly issued, fully paid, and non-assessable, and constitute all of the issued and outstanding shares of capital stock (or 65% of the issued and outstanding shares of capital stock of each Pledged Share Issuer that is organized in a jurisdiction outside of the United States) of each Pledged Share Issuer. The Pledgor has no Subsidiaries other than the Pledged Share Issuers, except as set forth in Item C of Attachment 1.

Appears in 7 contracts

Samples: Foamex Pledge Agreement (Foamex Fibers Inc), Subsidiary Pledge Agreement (Foamex Fibers Inc), Subsidiary Pledge Agreement (Foamex Fibers Inc)

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As to Pledged Shares. In the case of any Pledged Shares constituting such Collateral, all of such Pledged Shares are duly authorized and validly issued, fully paid, and non-assessable, and constitute all of the issued and outstanding shares of capital stock (or 65% of the issued and outstanding shares of capital stock of each Pledged Share Issuer that is organized in a jurisdiction outside owned by Pledgor set forth across from the name of the United States) of each such Pledged Share IssuerIssuer on Attachment 1 hereto. The Pledgor has no Subsidiaries Restricted Subsidiary other than the Pledged Share Issuers, except as set forth in Item C of Attachment 1.

Appears in 4 contracts

Samples: Pledge Agreement (Pioneer Natural Resources Co), Pledge Agreement (Pioneer Natural Resources Co), Pledge Agreement (Pioneer Natural Resources Co)

As to Pledged Shares. In the case of any Pledged Shares constituting such Collateral, all of such Pledged Shares are duly authorized and validly issued, fully paid, and non-assessable, and constitute all of the issued and outstanding shares of capital stock (or 65% of the issued and outstanding shares of capital stock of each Pledged Share Issuer that is organized in a jurisdiction outside of the United States) of each Pledged Share Issuer. The Pledgor has no Subsidiaries other than the Pledged Share Issuers, except as set forth in Item C of Attachment 1.

Appears in 3 contracts

Samples: Holdings Pledge Agreement (Dri I Inc), Gfi Pledge Agreement (Foamex Fibers Inc), Patent Security Agreement (Dri I Inc)

As to Pledged Shares. In the case of any Pledged Shares constituting such Collateral, all of such Pledged Shares are duly authorized and validly issued, fully paid, and non-assessable, and constitute all of the issued and outstanding shares of capital stock (or 65% of the issued and outstanding shares of capital stock of each Pledged Share Issuer that is organized in a jurisdiction outside of the United States) of each Pledged Share Issuer. The Such Pledgor has no Subsidiaries other than the Pledged Share Issuers, except as set forth in Item C of Attachment 1.

Appears in 2 contracts

Samples: Parent Pledge Agreement (Duane Reade Inc), Patent Security Agreement (Dri I Inc)

As to Pledged Shares. In the case of any Pledged Shares constituting such Collateral, all of such Pledged Shares are duly authorized and validly issued, fully paid, and non-assessable, and constitute all of the issued and outstanding shares of capital stock (or 65% of the issued and outstanding shares of capital stock of each Pledged Share Issuer that is organized in a jurisdiction outside of the United States) Capital Stock of each Pledged Share Issuer. The Pledgor has no Subsidiaries other than the Pledged Share Issuers, except as set forth in Item C of Attachment 1.

Appears in 1 contract

Samples: Pledge Agreement (Prosource Inc)

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As to Pledged Shares. In the case of any Pledged Shares constituting such Collateral, all of such Pledged Shares are duly authorized and validly issued, fully paid, and non-assessable, and constitute all of the issued and outstanding shares of capital stock (or 65% of the issued and outstanding shares of capital stock of each Pledged Share Issuer that is organized in a jurisdiction outside of the United States) of each Pledged Share IssuerIssuing Bank. The Pledgor has no Subsidiaries other than the Pledged Share IssuersIssuing Banks, except as set forth in Item C of Attachment 1.

Appears in 1 contract

Samples: Foamex Pledge Agreement (Foamex Capital Corp)

As to Pledged Shares. In the case of any Pledged Shares constituting such Collateral, all of such Pledged Shares are duly authorized and validly issued, fully paid, and non-assessable, and constitute all of the issued and outstanding shares of capital stock (or 65% of the issued and outstanding shares of capital stock of each Pledged Share Issuer that is organized in a jurisdiction outside of the United States) of each Pledged Share Issuer. The Pledgor has no Subsidiaries other than the Pledged Share Issuers, except as set forth in Item C B of Attachment 1.

Appears in 1 contract

Samples: Credit Agreement (Tele Communications International Inc)

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