Pledge and Security Agreements Sample Clauses

Pledge and Security Agreements. All obligations of (a) the Company under this Indenture, the Notes and the Purchase Agreement, including, without limitation, due and punctual payment of the principal of and interest on the Notes when and as the same shall be due and payable, whether on an interest payment date, at maturity, by acceleration, repurchase, redemption or otherwise, and interest on the overdue principal of and interest on the Notes and the prompt payment and performance of all other obligations of the Company to the Holders of Notes or the Trustee under this Indenture, the Purchase Agreement and the Notes, and (b) each Guarantor under this Indenture, including its guarantee under Article 13 of this Indenture or under any Note Guarantee of the obligations of the Company, including, without limitation, the prompt payment of the principal of, premium and interest on, the Notes in full when due, whether at maturity, by acceleration, redemption or otherwise, and interest on the overdue principal of and interest on the Notes, if any, if lawful, and the prompt payment or performance of all other obligations of the Company to the Holders or the Trustee under this Indenture or under the Notes, all according to the terms hereunder or thereunder (all such obligations, collectively, the "Secured Obligations"), are secured as provided in the Pledge and Security Agreements which the Company and the Guarantors have entered into simultaneously with the execution of this Indenture and which are attached as Exhibit C and Exhibit D, respectively hereto (it being understood and agreed that, notwithstanding anything that may be to the contrary herein, neither this Indenture nor the Pledge and Security Agreements shall require or create a pledge of or other security interest in (x) more than 65% of the outstanding capital stock of, or other equity interests in, any Foreign Subsidiary owned by a Domestic Restricted Subsidiary, or (y) any asset of a Foreign Subsidiary). Each Holder of Notes, by its acceptance thereof, consents and agrees to the terms of the Pledge and Security Agreements (including, without limitation, the provisions providing for foreclosure and release of Collateral) as the same may be in effect or may be amended from time to time in accordance with their terms and authorizes and directs the Collateral Agent to enter into the Pledge and Security Agreements and to perform its obligations and exercise its rights thereunder in accordance therewith. The Company will deliver to the Trus...
AutoNDA by SimpleDocs
Pledge and Security Agreements. It will not enter into any agreement to pledge the capital stock of the Buyer or the Subordinated Notes unless the provisions of such pledge agreement are consistent with the provisions set forth in Schedule B hereto.
Pledge and Security Agreements. Each of the Company and IWS ID Group shall grant to Perseus a perfected lien on and first-priority security interest in all of their respective assets and properties, whether now or hereafter existing, owned or acquired (including, but not limited to, all outstanding shares of capital stock of each subsidiary of the Company and IWS ID Group), all in accordance with the terms of the Pledge and Security Agreements.
Pledge and Security Agreements. 1. Amended and Restated Pledge and Security Agreement, dated March 27, 2015, by Borrowers in favor American AgCredit, PCA, as Agent and Lender.
Pledge and Security Agreements. Pursuant to the Borrower Pledge and Security Agreement, the Guarantor Pledge and Security Agreement, and the Pledgor Stockholders Pledge and Security Agreement, respectively, a first priority pledge, assignment and security agreement in favor of the Agent, for the ratable benefit of the Lenders, with respect to (i) all of the Borrower's right, title and interest, in and to any shares of PWF Common Stock from time to time and all related rights and interests, (ii) all of the Guarantor's right, title and interest in and to all issued and outstanding capital stock of the Borrower, from time to time and all related rights and interests, and (iii) all of the Pledgor Stockholders' respective rights, title and interests, in and to their respective shares of PWF Common Stock and related rights and interests.
Pledge and Security Agreements. Pledge and Security Agreements ------------------------------ executed by the Borrower and each of its Subsidiaries (other than CAB and ITC);
AutoNDA by SimpleDocs
Pledge and Security Agreements. The Agents shall have received executed counterparts of:
Pledge and Security Agreements. Lenders hereby agree that the Company's Series A Convertible Preferred Stock (and any other Capital Stock issued hereafter in connection therewith) acquired by Barnes or Polis pursuant to the Purchase Agreement is expressly exxxxxxd from the definition of Pledged Property under the Pledge Agreements and shall not be subject to the provisions or restrictions of the Pledge Agreements.
Pledge and Security Agreements. The Lender shall have received (a) executed counterparts of the Israeli Pledge and Security Agreements, duly executed and delivered by SciVac Israel and (b) executed counterparts of Security Agreement Supplements to the Security Agreements (as in effect immediately prior to the Second Closing Effective Date) adding the Parent and each of its Subsidiaries that is not already a party to the Security Agreement (other than the Excluded Subsidiary and SciVac Israel) as parties thereto, dated as of the date hereof, duly executed and delivered by the Parent and each appropriate Subsidiary. As a result of the foregoing, the Lender shall have been granted a first priority Lien and security interest in all assets and properties of the Parent and its Subsidiaries (other than the Excluded Subsidiary), as provided in the applicable Security Agreement. In addition, all deposit accounts, disbursement accounts, investment accounts (and other similar accounts) and lockboxes owned by Parent shall be Controlled Accounts and all such Controlled Accounts shall be subject to one or more account control agreements, in favor of, and reasonably satisfactory in form and substance to, the Lender, and the Lender shall have received executed counterparties of such agreements.
Time is Money Join Law Insider Premium to draft better contracts faster.