Existing Pledge Sample Clauses

Existing Pledge. Pledgor and Secured Party acknowledge that this Agreement amends and restates the Existing Pledge in its entirety, and all security interests created and granted by the Existing Pledge shall continue to exist, remain valid and subsisting, shall not be impaired or released hereby or considered a novation of the obligation thereunder, shall remain in full force and effect and are hereby renewed, extended, carried forward and conveyed as security for the Obligations. [Signatures begin on next page] PLEDGOR: EPCO Holdings, Inc. By: /s/ Xxxxxxxxx Xxxxx Name: Christian “Xxxxx” Xxxxx Title: Vice President and Treasurer SECURED PARTY: CITIBANK, N.A. By: /s/ Xxxx X. Xxxxx Name: Xxxx X. Xxxxx Title: Vice President EXHIBIT A PLEDGED INTERESTS 118,000,000 common units representing limited partner interests in EPD, which common units are registered on the books of EPD or EPD’s transfer agent. EXHIBIT B FORM OF ASSIGNMENT INSTRUCTION EPCO Holdings, Inc. 0000 Xxxxxxxxx Xx., Xxxxx 0000 Xxxxxxx, Xxxxx 00000 as of December 31, 2015 Hand Delivery Enterprise Products Partners L.P. 0000 Xxxxxxxxx Xx., Xxxxx 0000 Xxxxxxx, Xxxxx 00000 ASSIGNMENT INSTRUCTION You are hereby INSTRUCTED TO REGISTER A COLLATERAL ASSIGNMENT, for value received, against the following uncertificated securities in the manner indicated:
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Existing Pledge. Notwithstanding anything to the contrary contained in this Agreement, Ventas, Inc. and Ventas Realty LP, L.L.C. may each pledge, mortgage, assign, hypothecate or otherwise transfer all or any portion of its Partnership Interest in the Partnership pursuant to the Pledge and Security Agreement, dated as of April 29, 1998, in favor of Xxxxxx Guaranty Trust Company of New York, as documentation Agent and pursuant to the Amended and Restated Credit, Security, Guaranty and Pledge Agreement, dated as of April 29, 1998, as amended and restated as of January 31, 2000 by and among the Partnership, Ventas, Inc., Ventas Realty LP, L.L.C., Bank of America, N.A., as administrative agent and issuing Bank, Xxxxxx Guaranty Trust Company of New York, as documentation agent, and the Lenders referred to therein; provided, however, that no such assignment, pledge, hypothecation or transfer of any partnership interest will be effective to the extent it will cause the Partnership to be considered a "publicly traded partnership" under Section 7704 of the Internal Revenue Code of 1986, as amended.
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Existing Pledge. The Company's assets are currently pledged in favor of the Israeli government in return for a bank loan guaranteed by the Israeli government (hereafter the Government Loan). The Company represents that it entered into the final stages of negotiations with the government and a bank to convert the Government Loan into Common Stock, whereby all preferences granted to the Israeli government would be cancelled upon the sale of the Common Stock so issued and the application of the proceeds to the redemption of the Government Loan. Following the completion of such transaction, the Series C Preferred Shares shall rank prior to all other shares of the Company. The Company will not create, incur, assume or suffer to be created, incurred or assumed, or to exist, any pledge, mortgage, lien, charge, security interest or encumbrance of any kind upon any of its properties or assets or own or acquire or agree to acquire any property of any character subject to or upon any mortgage, conditional sale agreement or other retention agreement, ranking equal or prior to the preference rights set forth hereunder without the prior approval of L&H.
Sample 1
Existing Pledge. This Agreement is intended to be supplemental to, and not in limitation of, any existing pledges in favor of the Pledgee to secure the Obligations, whether under the Prior Debt Documents or otherwise. All such existing pledges, and any rights of the Pledgee in connection therewith, shall remain in full force and effect in accordance with their respective terms, provided, however, that in the event of a conflict between the terms of this Agreement and of any such prior pledge, or the documents evidencing the same, the terms of this Agreement shall control.
Sample 1
Existing Pledge. 50 XIII. Admission of New Partners....................................................50 XIV. Termination, Liquidation and Dissolution of Partnership.......................51
Sample 1

Related to Existing Pledge

  • Prior Assignments; Pledges Except for the sale to the Assignee, the Assignor has not assigned or pledged any Mortgage Note or the related Mortgage or any interest or participation therein.

  • 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.

  • Additional Pledgors It is understood and agreed that any Subsidiary of the Borrower that is required to execute a counterpart of this Agreement after the date hereof pursuant to the Credit Agreement shall automatically become a Pledgor hereunder by executing a counterpart hereof and delivering the same to the Pledgee.

  • Negative Pledge Clauses Enter into or suffer to exist or become effective any agreement that prohibits, limits or imposes any condition upon the ability of the Borrower or any Restricted Subsidiary to create, incur, assume or suffer to exist any Lien upon any of its property or revenues, whether now owned or hereafter acquired other than (a) this Agreement, the other Loan Documents, and other agreements governing such Indebtedness, (b) any agreements governing any purchase money Liens or Capital Lease Obligations otherwise permitted hereby (in which case, any prohibition or limitation shall only be effective against the assets financed thereby), (c) any agreement governing any Junior Indebtedness, Convertible Notes, Incremental Equivalent Debt, Permitted Surviving Indebtedness, a Replacement Facility or a Permitted Foreign Receivables Facility permitted hereunder so long as the restrictions set forth therein are no more restrictive than the corresponding provisions in the Loan Documents, (d) any restrictions with respect to a Restricted Subsidiary imposed pursuant to an agreement that has been entered into in connection with the Disposition of all or substantially all of the Capital Stock or assets of such Restricted Subsidiary, (e) the foregoing shall not apply to restrictions and conditions contained in agreements of any Person that becomes a Restricted Subsidiary or is merged into or consolidated with the Borrower or any Restricted Subsidiary or agreements assumed from any Person in connection with the acquisition of assets by the Borrower or any Restricted Subsidiary of such Person after the date hereof, provided that such agreements exist at the time such Person becomes a Restricted Subsidiary or such agreements are assumed and in each case are not created in contemplation of or in connection with such Person becoming a Restricted Subsidiary or the agreements being assumed, (f) any agreement of a Foreign Subsidiary governing Indebtedness permitted to be incurred or permitted to exist under Section 8.2(t), (g) customary restrictions on leases, subleases, licenses or asset sale agreements otherwise permitted hereby so long as such restrictions may relate to the assets subject thereto, (h) customary restrictions contained in Indebtedness incurred pursuant to Section 8.2 (provided that such restrictions do not restrict the Liens securing the Obligations), (i) restrictions arising in connection with cash or other deposits permitted under Sections 8.3 or 8.7 and limited to such cash or deposit, (j) customary provisions restricting assignment of any agreement entered into in the ordinary course of business, (k) restrictions imposed by any Governmental Authority or arising by reason of applicable Law, rule, regulation or order or the terms of any license, authorization, concession or permit, and (l) restrictions on cash or other deposits or net worth imposed by customers, suppliers or landlords or required by insurance, surety or bonding companies, in each case, under contracts entered into in the ordinary course of business.

  • 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.

  • No Pledge This Agreement shall not be deemed to represent a pledge of any interest in the Mortgage Loan by the Noteholders. Except as otherwise provided in this Agreement and the Servicing Agreement, no Non-Lead Noteholder shall have any interest in any property taken as security for the Mortgage Loan, provided, however, that if any such property or the proceeds of any sale, lease or other disposition thereof shall be received, then each Non-Lead Noteholder shall be entitled to receive its share of such application in accordance with the terms of this Agreement and/or the Servicing Agreement.

  • Certain Pledges Any Lender may at any time pledge or assign a security interest in all or any portion of its rights under this Agreement (including under its Note, if any) to secure obligations of such Lender, including any pledge or assignment to secure obligations to a Federal Reserve Bank; provided that no such pledge or assignment shall release such Lender from any of its obligations hereunder or substitute any such pledgee or assignee for such Lender as a party hereto.

  • Negative Pledges Each of the Company and any Restricted Subsidiary shall not agree or covenant with any Person to restrict in any way its ability to grant any Lien on its assets in favor of the Lenders, other than pursuant to any intercreditor agreement contemplated by this agreement, and except that this Section 10.10 shall not apply to:

  • No Financing Statements, Security Agreements No financing statement or security agreement describing all or any portion of the Collateral which has not lapsed or been terminated naming such Grantor as debtor has been filed or is of record in any jurisdiction except (a) for financing statements or security agreements naming the Collateral Agent on behalf of the Secured Parties as the secured party, and (b) as permitted by Section 4.1(e).

  • The Pledge As collateral security for the timely and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of any or all of the payments due by Party C, including without limitation the consulting and services fees payable to the Pledgee under the Business Cooperation Agreement, Pledgor hereby pledges to Pledgee a first security interest in all of Pledgor’s right, title and interest, whether now owned or hereafter acquired by Pledgor, in the Equity Interest of Party C.

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