Pledge of Equity. 1.1 In order to guarantee UKT Company,all the shareholders of UKT Company(“Shareholders” )and other related responsible parties to perform all obligations and liabilities under the Onshore Agreements, Party A agrees to pledge the Pledged Equities (as defined in Section 4 herein) under this Agreement to Party B pursuant to the terms and conditions of this Agreement, and Party B agrees to accept the above equity pledge, and have priority right to the proceeds from the conversion, auction, or sale of the Pledged Equities.
Pledge of Equity. 1.1 In order to guarantee Huashangjie Company,all the shareholders of Huashangjie Company(“Shareholders” )and other related responsible parties to perform all obligations and liabilities under the Onshore Agreements, Party A agrees to pledge the Pledged Equities (as defined in Section 4 herein) under this Agreement to Party B pursuant to the terms and conditions of this Agreement, and Party B agrees to accept the above equity pledge, and have priority right to the proceeds from the conversion, auction, or sale of the Pledged Equities.
Pledge of Equity. 1.1 In order to guarantee Jinxin Company, all the shareholders of Jinxin Company (“Shareholders” )and other related responsible parties to perform all obligations and liabilities under the Onshore Agreements, Party A agrees to pledge the Pledged Equities (as defined in Section 4 herein) under this Agreement to Party B pursuant to the terms and conditions of this Agreement, and Party B agrees to accept the above equity pledge, and have priority right to the proceeds from the conversion, auction, or sale of the Pledged Equities.
Pledge of Equity. A pledge by MCFC of its equity interest in each of the Borrowers as more fully set forth in the GCA.
Pledge of Equity. 1.1 In order to guarantee that Shenzhen Company and Party A and other related responsible parties perform all obligations and liabilities under the Onshore Agreements, Party A pledges the Pledged Equities (as defined in Section 4 herein) under this Agreement to Party B, including Adamant and China Tongda, pursuant to the terms and conditions of this Agreement, and Party B agrees to accept the above equity pledge, and have priority right to the proceeds from the conversion, auction, or sale of the Pledged Equities.
Pledge of Equity. Notwithstanding any other provisions hereof, Xxxxxxx Properties, L.P. (“O.P.”) shall have the right to, and may, pledge its equity (i.e., its membership interests) in each Borrower to secure (a) a loan facility or loan facilities to the O.P. or its Affiliates from a group of lenders for which Credit Suisse First Boston will act as initial administrative and collateral agent and (b) related hedging arrangements without Xxxxxx's consent provided that in connection therewith, O.P. pledges, directly or indirectly, its equity in substantially all of the property owning subsidiaries in which it holds an equity interest and provided further that any foreclosure of such pledge shall constitute a Transfer and the holder of such pledge shall be required to comply with any applicable provisions of this Security Instrument.
Pledge of Equity. Subject to the applicable Pledge Agreement, Guarantor agrees that, so long as any of the Guaranteed Obligations remain outstanding, Guarantor shall remain the owner (either directly or through one of its Subsidiaries) of all of the issued and outstanding equity in each Borrower. Without the prior written consent of Administrative Agent, Guarantor shall not assign, sell, convey, gift, transfer, pledge, hypothecate, grant a security interest in, encumber or in any other manner permit any lien (other than Permitted Liens) to exist in or on, all or any portion of the equity in or of any Borrower, except for those pledges to the Omega Senior Lessor in effect on the date hereof.
Pledge of Equity. Subject to the applicable Pledge Agreement, Guarantor agrees that, so long as any of the Guaranteed Obligations remain outstanding, except in the case of a Borrower that has been released from the Guaranteed Obligations in connection with any party’s prepayment thereof in accordance with the terms of the Loan Documents and is no longer a Borrower thereunder, Guarantor shall remain the owner (either directly or through one of its Subsidiaries) of all of the issued and outstanding the equity in each Borrower. Without the prior written consent of Administrative Agent, Guarantor shall not assign, sell, convey, gift, transfer, pledge, hypothecate, grant a security interest in, encumber or in any other manner permit any lien (other than Permitted Liens) to exist in or on, all or any portion of the equity in or of any Borrower.
Pledge of Equity. 3.1. Party B and Party C agree to pledge their respective equity interest to Party A as a guarantee for the Loan. The guaranty scope of pledged equity under this Agreement covers the principal amounts of the Loan, interests, compensation for breach of contract and expenses incurred in enforcing the right of pledge.
Pledge of Equity. No later than February 15, 2007 (or such later date as the Administrative Agent shall agree in its sole discretion), the Borrower shall deliver to the Administrative Agent the certificates (if any) representing the Capital Stock of Merger Sub, together with undated powers, in blank, executed and delivered by a duly authorized officer of the Borrower.
