Company Pledge Agreement Sample Clauses

Company Pledge Agreement. The Administrative Agent shall have received the Company Pledge Agreement executed and delivered by a duly authorized officer of the Company, together with stock certificates representing 100% of all issued and outstanding shares of Capital Stock of each of the Domestic Subsidiaries of the Company, and undated stock powers for each certificate, executed in blank and delivered by a duly authorized officer of the Company and the acknowledgment and consent of the issuer thereunder, in the form annexed to the Company Pledge Agreement.
AutoNDA by SimpleDocs
Company Pledge Agreement. The Obligations will be further secured by a valid and enforceable first priority pledge of and security interest and lien in and to all of the capital stock of each of Doansco and Toledo Oxygen owned by the Company (which in each case shall be all of the issued and outstanding capital stock of such Subsidiaries), whether now existing or hereafter arising or acquired, and whether now or hereafter issued and outstanding, and all proceeds thereof, which pledge, security interest and lien will be created by an amended and restated pledge agreement in form and substance the same as attached hereto as EXHIBIT N (as the same may be amended, modified, extended, renewed, supplemented, replaced and/or restated from time to time and at any time, the "Company Pledge Agreement"), subject only to liens and security interests described in the exceptions enumerated in subsections 5.02(b)(1) through (7) of this Agreement.
Company Pledge Agreement. The Obligations will be further secured by a first priority pledge of and security interest and lien in and to all of the capital stock of each of Doansco and Toledo Oxygen owned by the Company, whether now existing or hereafter arising or acquired, and whether now or hereafter issued and outstanding, and all proceeds thereof, which pledge, security interest and lien will be created by a pledge agreement in form and substance the same as attached hereto as EXHIBIT M (as the same may be amended, modified, extended, renewed, supplemented, replaced and/or restated from time to time and at any time, the "COMPANY PLEDGE AGREEMENT"), subject only to liens and security interests described in the exceptions enumerated in subsections 5.02(b)(1) through (7) of this Agreement.
Company Pledge Agreement. 54 (i) VUCI Pledge Agreement............................................................... 54 (j)
Company Pledge Agreement. A pledge agreement, substantially in the form of Exhibit J-1, issued by the Company (as amended or otherwise modified from time to time, the "Company Pledge Agreement").
Company Pledge Agreement. The Company shall have duly executed and delivered to the Agent the Company Pledge Agreement.
Company Pledge Agreement. On the Restatement Effective Date, (i) the Company shall have duly authorized, executed and delivered an Amended and Restated Company Pledge Agreement in the form of Exhibit N hereto (as modified, supplemented or amended from time to time, the "Company Pledge Agreement") and (ii) the Collateral Agent, as Pledgee, shall have in its possession all the Pledged Securities referred to in the Company Pledge Agreement then owned by the Company, (x) endorsed in blank in the case of promissory notes constituting Pledged Securities and (y) together with executed and undated stock powers, in the case of capital stock constituting Pledged Securities, and the Company Pledge Agreement shall be (and remain after the occurrence of the Restatement Effective Date) in full force and effect.
AutoNDA by SimpleDocs
Company Pledge Agreement. On the Fifth Amendment Effective Date, the Borrower (i) shall have duly authorized, executed and delivered a Company Pledge Agreement in the form of Exhibit L-1 hereto (as modified, amended or supplemented from time to time, the "Company Pledge Agreement") and (ii) shall have delivered to the Collateral Agent, as pledgee thereunder, all of the certificates representing the Pledged Securities referred to therein and owned by the Borrower on the Fifth Amendment Effective Date, (x) endorsed in blank (in the case of promissory notes) or (y) accompanied by executed and undated stock powers (in the case of capital stock), and the Company Pledge Agreement shall be in full force and effect.
Company Pledge Agreement 

Related to Company Pledge Agreement

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

  • 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.

  • Negative Pledge Agreements Permit the inclusion in any contract to which it or a Subsidiary becomes a party of any provisions that could restrict or invalidate the creation of a security interest in any of Borrower’s or such Subsidiary’s property.

  • Pledge Agreement Any Pledge Agreement pursuant to which the Stock or Stock Equivalents of the Borrower or any Subsidiary is pledged or any material provision thereof shall cease to be in full force or effect (other than pursuant to the terms hereof or thereof or as a result of acts or omissions of the Collateral Agent or any Lender) or any pledgor thereunder or any Credit Party shall deny or disaffirm in writing any pledgor’s obligations under any Pledge Agreement; or

  • Equity Pledge 2.1 The Pledgors hereby agree to pledge, in accordance with the terms of this Agreement, their lawfully owned and disposable equity interests aggregately constituting 100% of the Company’s equity interests, to the Pledgee as joint and several security for the performance of the Contractual Obligations and the repayment of the Secured Indebtedness by the Pledgors and the Company.

  • 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.

  • Secured Cash Management Agreements and Secured Hedge Agreements Except as otherwise expressly set forth herein, no Cash Management Bank or Hedge Bank that obtains the benefit of the provisions of Section 8.03, the Guaranty or any Collateral by virtue of the provisions hereof or any Collateral Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) (or to notice of or to consent to any amendment, waiver or modification of the provisions hereof or of the Guaranty or any Collateral Document) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article IX to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Secured Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements except to the extent expressly provided herein and unless the Administrative Agent has received a Secured Party Designation Notice of such Secured Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be. The Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Secured Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements in the case of a Facility Termination Date.

  • Failure to Pledge Collateral In the event that the applicable Fund shall fail: (a) to pay, on behalf of the applicable Portfolio, the Overdraft Obligation described in such Written Notice; (b) to deliver to the Custodian a Pledge Certificate pursuant to Section 2; or (c) to identify substitute securities pursuant to Section 6 upon the sale or maturity of any securities identified as Collateral, the Custodian may, by Written Notice to the applicable Fund specify Collateral which shall secure the applicable Overdraft Obligation. Such Fund, on behalf of any applicable Portfolio, hereby pledges, assigns and grants to the Custodian a first priority security interest in any and all Collateral specified in such Written Notice; provided that such pledge, assignment and grant of security shall be deemed to be effective only upon receipt by the applicable Fund of such Written Notice.

  • Negative Pledge Agreements; Dividend Restrictions The Borrower will not, and will not permit any other Group Member to, create, incur, assume or suffer to exist any contract, agreement or understanding which in any way prohibits or restricts (a) the granting, conveying, creation or imposition of any Lien on any of its Property to secure the Secured Obligations or which (i) requires the consent of other Persons in connection therewith or (ii) provides that any such occurrence shall constitute a default or breach of such agreement or (b) the Borrower or any other Group Member from (i) paying dividends or making distributions to any Loan Party, (ii) paying any Indebtedness owed to any Loan Party (other than any restrictions imposed on any Loan Party making any such payment pursuant to the Loan Documents during an Event of Default or pursuant to the terms of any Permitted Second Lien Debt Documents having the same restrictions as the Loan Documents), (iii) making loans or advances to, or other Investments in, any Loan Party (other than any restrictions imposed on any Loan Party making such loan or advance pursuant to the Loan Documents during an Event of Default or pursuant to the terms of any Permitted Second Lien Debt Documents having the same restrictions as the Loan Documents) or (iv) prepaying or repaying Secured Obligations; provided that (A) the foregoing shall not apply to restrictions and conditions under the Loan Documents and (B) clause (a) of the foregoing shall not apply to restrictions or conditions imposed by any agreement for purchase money Indebtedness or Finance Lease Obligations permitted by this Agreement if such restrictions or conditions apply only to the Property securing such purchase money Indebtedness or Finance Lease Obligations.

  • Guaranty Agreements Any Guaranty Agreement or any provision thereof shall for any reason cease to be in full force and effect or valid and binding on or enforceable against any Credit Party or a Credit Party shall so state in writing or bring an action to limit its obligations or liabilities thereunder; or any Credit Party shall fail to perform any of its obligations thereunder; or

Time is Money Join Law Insider Premium to draft better contracts faster.