Common use of Authorization of Pledged Shares Clause in Contracts

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of any Person.

Appears in 41 contracts

Samples: Pledge Agreement (RedHill Biopharma Ltd.), Pledge Agreement (NOODLES & Co), Pledge Agreement (Armstrong World Industries Inc)

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Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of any Person. All other shares of stock constituting Pledged Collateral will be duly authorized and validly issued, fully paid and nonassessable and not subject to the preemptive rights of any Person.

Appears in 21 contracts

Samples: Pledge Agreement (Lincare Holdings Inc), Pledge Agreement (Lincare Holdings Inc), Pledge Agreement (Lincare Holdings Inc)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable nonassessable, and are not subject to the preemptive rights rights. All other shares of any Personcapital stock constituting Pledged Collateral will be duly authorized and validly issued, fully paid and nonassessable, and not subject to preemptive rights.

Appears in 6 contracts

Samples: Pledge Agreement (Pf Management Inc), Pledge Agreement (Pf Management Inc), Pledge Agreement (Pf Management Inc)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights, warrants, options or other rights to purchase of any Person, or equityholder, voting trust or similar agreements outstanding with respect to, or property that is convertible, into, or that requires the issuance and sale of, any of the Pledged Shares.

Appears in 4 contracts

Samples: Pledge Agreement, Credit Agreement (Wageworks, Inc.), Credit Agreement (Wageworks, Inc.)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of any Person. All other shares of Capital Stock constituting Pledged Collateral will be duly authorized and validly issued, fully paid and nonassessable and not subject to the preemptive rights of any Person.

Appears in 3 contracts

Samples: Pledge Agreement (Fresh Foods Inc), Stock Pledge Agreement (Infocrossing Inc), Stock Pledge Agreement (Infocrossing Inc)

Authorization of Pledged Shares. The Pledged Shares are have been duly authorized and validly issued, are fully paid and nonassessable non-assessable and are not subject to the preemptive pre-emptive rights of any Person.

Appears in 3 contracts

Samples: Canadian Pledge Agreement (Armstrong World Industries Inc), Pledge Agreement (Armstrong World Industries Inc), Pledge Agreement (Armstrong World Industries Inc)

Authorization of Pledged Shares. The Pledged Shares are are, as applicable, duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of any Person.

Appears in 2 contracts

Samples: Pledge Agreement (Fti Consulting Inc), Pledge Agreement (Fti Consulting Inc)

Authorization of Pledged Shares. The Pledged Shares are duly ---------------------------------- authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of any Person. All other shares of stock constituting Pledged Collateral will be duly authorized and validly issued, fully paid and nonassessable and not subject to the preemptive rights of any Person.

Appears in 2 contracts

Samples: Pledge Agreement (Mynd Corp), Pledge Agreement (Policy Management Systems Corp)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable (if applicable) and are not subject to the preemptive rights of any Person.

Appears in 2 contracts

Samples: Guarantee and Pledge Agreement (New Age Beverages Corp), Loan and Security Agreement (New Age Beverages Corp)

Authorization of Pledged Shares. The Pledged Shares are have been duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of any Person.

Appears in 2 contracts

Samples: Intercreditor Agreement (Ardent Health Partners, LLC), Term Loan Credit Agreement (Ardent Health Partners, LLC)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of others. All other shares of stock constituting Pledged Collateral will be duly authorized and validly issued, fully paid and nonassessable and not subject to the preemptive rights of any Personperson.

Appears in 2 contracts

Samples: Stock Pledge Agreement (Farley William), Pledge and Security Agreement (Gami Merger Co)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable and are the issuance thereof did not subject to violate the preemptive rights of any Person. All other shares of stock constituting Pledged Collateral will be duly authorized and validly issued, fully paid and nonassessable and the issuance thereof will not violate the preemptive rights of any Person.

Appears in 2 contracts

Samples: Credit Agreement (Jw Childs Equity Partners Ii Lp), Credit Agreement (Signal Medical Services)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of any Person. All other equity interests constituting Pledged Collateral will be duly authorized and validly issued, fully paid and nonassessable and not subject to the preemptive rights of any Person.

Appears in 2 contracts

Samples: Credit Agreement (Cluett Peabody & Co Inc /De), Pledge Agreement (Cluett Peabody & Co Inc /De)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and and, to the extent applicable, nonassessable and are not subject to the preemptive rights of any Person.

Appears in 2 contracts

Samples: Pledge Agreement, Pledge Agreement (Providence Service Corp)

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Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, and, if applicable, are fully paid and nonassessable and are not subject to the preemptive rights of any Person.

Appears in 2 contracts

Samples: Guaranty and Security Agreement (Venus Concept Inc.), Guaranty and Security Agreement (Venus Concept Inc.)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable and are not subject and, with respect to the preemptive rights any Pledged Shares consisting of any Personstock of a corporation, nonassessable.

Appears in 2 contracts

Samples: Pledge Agreement (Loral Space & Communications LTD), Pledge Agreement (Loral Space & Communications LTD)

Authorization of Pledged Shares. The Pledged Shares Shares, Pledged Membership Interests and Pledged Partnership Interests are duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of any Person. All other equity interests constituting Collateral will be duly authorized and validly issued, fully paid and nonassessable and not subject to the preemptive rights of any Person.

Appears in 1 contract

Samples: Pledge Agreement (Brandywine Realty Trust)

Authorization of Pledged Shares. The Pledged Shares (i) are duly authorized and validly issued, and if the issuer of the applicable Pledged Shares is a corporation, are fully paid and nonassessable and (ii) are not subject to the preemptive rights of any Person.

Appears in 1 contract

Samples: Pledge Agreement (Fleetcor Technologies Inc)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and and, to the extent applicable, nonassessable and are not subject to the preemptive rights of any Person.. 1 See clause (a)(ii)

Appears in 1 contract

Samples: Pledge Agreement (Providence Service Corp)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable nonassessable, and are not subject to the preemptive rights of any Person.

Appears in 1 contract

Samples: Pledge Agreement (2020 Energy, LLC)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and nonassessable and are not subject to the preemptive rights of any Person. All other shares of stock constituting Pledged Collateral will be duly authorized and validly issued, fully paid and nonassessable and not subject to the 62 61 preemptive rights of any Person.

Appears in 1 contract

Samples: Credit Agreement (Vestar Sheridan Inc)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are are, with respect to Pledged Shares of a corporation, fully paid and nonassessable and are not subject to the preemptive rights of any Person.

Appears in 1 contract

Samples: Credit Agreement (Sealy Mattress Co of Illinois)

Authorization of Pledged Shares. The Pledged Shares are duly authorized and validly issued, are fully paid and and, to the extent applicable, nonassessable (other than, with respect to non-Wholly Owned Subsidiaries, customary capital contribution requirements) and are not subject to the preemptive rights of any PersonPerson (other than as permitted by the Credit Agreement with respect to non-Wholly Owned Subsidiaries).

Appears in 1 contract

Samples: Pledge Agreement (Amedisys Inc)

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