Pledged Indebtedness. All Financing Debt from time to time owing to such Obligor from any Person (all such Financing Debt being referred to as the "Pledged Indebtedness").
Pledged Indebtedness. Promissory Note effective July 8, 2011 in the amount of $514,277.96, at a rate of 6% interest, payable in three installments to ENGlobal U.S., Inc. by Aspen Power, LLC and Aspen Pipeline, LP for unpaid balances owed to ENGlobal for services rendered under the Consulting Services Agreement dated October 10, 2007. SCHEDULE II PLEDGE AMENDMENT This Pledge Amendment, dated ______________ ______, ___________ is delivered pursuant to Paragraph 11 of the Pledge Agreement referred to below. All defined terms herein shall have the meanings ascribed thereto or incorporated by reference in the Pledge Agreement. The undersigned hereby certifies that the representations and warranties in the Pledge Agreement are and continue to be true and correct, both as to the promissory notes, instruments and Equity Interests pledged prior to this Pledge Amendment and as to the promissory notes, instruments and Equity Interests pledged pursuant to this Pledge Amendment. The undersigned further agrees that this Pledge Amendment may be attached to that certain Pledge Agreement, dated as of May 29, 2012, among the undersigned, as Pledgor, PNC Bank, National Association, as Pledgee, and the other parties thereto (the “Pledge Agreement”), and that the Pledged Subsidiary and Pledged Indebtedness listed on this Pledge Amendment shall be and become a part of the Collateral referred to in said Pledge Agreement and shall secure all Obligations referred to in said Pledge Agreement. The undersigned acknowledges that any promissory notes, instruments or Equity Interests not included in the Collateral at the discretion of Pledgee may not otherwise be pledged by Pledgor to any other Person or otherwise used as security for any obligations other than the Obligations. By: Name: Title: Pledgor Pledged Subsidiary Certificate No. Percentage of Equity Interests Physical Holder of Certificate Pledged Entity Initial Principal Amount Issue Date Maturity Date
Pledged Indebtedness. All Financing Debt from time to time owing to such Obligor from any Person (all such Financing Debt being referred to as the "PLEDGED INDEBTEDNESS").
Pledged Indebtedness. The Pledged Indebtedness, if any, identified under the name of such Credit Party in Annex 8 constitutes all Indebtedness held by any Credit Party that is evidenced by an Instrument and Annex 8 correctly identifies, as of the date hereof, the respective obligors in respect of such Pledged Indebtedness, the amount and maturity thereof, and any collateral security or Guarantees therefor.
Pledged Indebtedness. The Pledged Indebtedness constitutes all of the outstanding indebtedness owed to the Pledgor by the Company or any of its Subsidiaries. The Pledged Indebtedness (i) has been duly authorized, authenticated or issued and delivered, (ii) is the legal, valid and binding obligation of the respective issuers thereof and (iii) is evidenced by one or more promissory notes (which notes have been delivered to the Collateral Agent). No party to any Pledged Indebtedness is in default thereunder.
Pledged Indebtedness. All Indebtedness from time to time -------------------- owing to such Obligor from any Obligor or any Subsidiary of any Obligor (all such Indebtedness being referred to as the "Pledged Indebtedness"). --------------------
Pledged Indebtedness. All Pledged Indebtedness owed by any Affiliate of the Obligors shall be on open account and shall not be evidenced by any note or other instrument; provided, however, that all Pledged Indebtedness owed by any Obligor shall, if the Agent requests, be evidenced by a promissory note, which note shall be delivered to the Agent after having been endorsed in blank. Each Obligor will, immediately upon the receipt thereof, deliver to the Agent any promissory note or similar instrument representing any Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
Pledged Indebtedness. The Pledgor hereby pledges, bargains, sells, assigns, sets over, mortgages, hypothecates, transfers and grants to the Secured Party a valid security interest in the Pledgor’s right, title and interest in the Pledged Indebtedness and all interest, cash, instruments and other property and assets from time to time received, receivable or otherwise distributed in respect of the Pledged Indebtedness, and all promissory notes or other instruments evidencing additional indebtedness arising after the date hereof and owing to the Pledgor and all interest, cash, instruments an other property and assets from time to time received, receivable or otherwise distributed in respect of such Pledged Indebtedness. The Pledgor shall deliver to the Secured Party the original of all currently existing and hereafter acquired Pledged Indebtedness. The Pledgor agrees that the Secured Party may from time to time attach as Schedule A hereto an updated list of any after-acquired Pledged Indebtedness at the time pledged to the Secured Party hereunder. Notwithstanding anything to the contrary herein, it is understood that neither the Pledgor nor the Holding Company may issue, incur, or cause to exist any Indebtedness (as defined in the Notes), including without limitation any Pledged Indebtedness, without the express written consent of the Secured Party (as set forth in the Notes).
Pledged Indebtedness. All Indebtedness from time to time owing to the Pledgor from the Company or any of its Subsidiaries. All such Indebtedness is referred to as the "Pledged Indebtedness". The Pledged Stock and the Pledged Indebtedness are collectively referred to as the "Pledged Securities".
Pledged Indebtedness. All Pledged Indebtedness shall be on open account and shall not be evidenced by any note or other instrument; provided, however, that all Pledged Indebtedness shall, if the Managing Agent requests, be evidenced by a promissory note. The Pledgor will, immediately upon the receipt thereof, deliver to the Managing Agent any promissory note or similar instrument representing any Pledged Indebtedness, after having endorsed such promissory note or instrument in blank.
