No Pledge or Security Interest. The purpose of the Company’s retention of Purchaser’s certificates and executed security powers is solely to facilitate the provisions set forth in Section 3 herein and Section 4 of the Securityholders Agreement and does not by itself constitute a pledge by Purchaser of, or the granting of a security interest in, the underlying equity.
Appears in 3 contracts
Samples: Securities Purchase Agreement (Solera Holdings LLC), Securities Purchase Agreement (Solera Holdings LLC), Securities Purchase Agreement (Solera Holdings LLC)
No Pledge or Security Interest. The purpose of the Company’s retention of Purchaser’s certificates and executed security powers is solely to facilitate the provisions set forth in Section 3 herein and Section 4 of the Securityholders Agreement and does not by itself constitute a pledge by Purchaser of, or the granting of a security interest in, the underlying equity.
Appears in 2 contracts
Samples: Securities Purchase Agreement (Solera Holdings, Inc), Securities Purchase Agreement (Solera Holdings, Inc)
No Pledge or Security Interest. The purpose of the Company’s retention of PurchaserDirector’s certificates and executed security powers is solely to facilitate the provisions set forth in Section 3 herein and Section 4 8.2 of the Securityholders LLC Agreement and does not by itself constitute a pledge by Purchaser Director of, or the granting of a security interest in, the underlying equity.
Appears in 2 contracts
Samples: Investment and Director Compensation Agreement (Maravai Lifesciences Holdings, Inc.), Investment and Director Compensation Agreement (Maravai Lifesciences Holdings, Inc.)
No Pledge or Security Interest. The purpose of the Company’s retention of Purchaser’s the Director Parties’ certificates and executed security powers is solely to facilitate the provisions set forth in Section 3 herein and Section 4 8.2 of the Securityholders LLC Agreement and does not by itself constitute a pledge by Purchaser any Director Party of, or the granting of a security interest in, the underlying equity.
Appears in 1 contract
Samples: Investment and Director Compensation Agreement (Maravai Lifesciences Holdings, Inc.)
No Pledge or Security Interest. The purpose of the Company’s 's retention of Purchaser’s 's certificates and executed security powers is solely to facilitate the repurchase provisions set forth in Section 3 SECTION 4 herein and Section 4 SECTION 6 of the Securityholders Agreement and does not by itself constitute a pledge by Purchaser of, or the granting of a security interest in, the underlying equity.
Appears in 1 contract
Samples: Purchase Agreement (Tsi Finance Inc)
