Common use of Pledged Shares Clause in Contracts

Pledged Shares. (i) Grantors will cause the Pledged Shares to constitute at all times 100% of the total number of Shares that are not Excluded Shares of each Issuer then outstanding owned by Grantors.

Appears in 6 contracts

Samples: Security Agreement (Icagen, Inc.), Security Agreement, Security Agreement (Icagen, Inc.)

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Pledged Shares. (i) Grantors will cause the Pledged Shares to constitute at all times 100% of the total number of Shares that are not Excluded Shares of each Issuer then outstanding owned by Grantors.

Appears in 4 contracts

Samples: Security Agreement (Biodesix Inc), Security Agreement (Chembio Diagnostics, Inc.), Credit Agreement (Biodesix Inc)

Pledged Shares. (i) Grantors The Grantor will cause the Pledged Shares (if any) to constitute at all times 100% of the total number of Shares that are not Excluded Shares of each Issuer then outstanding owned by Grantorsthe Grantor.

Appears in 1 contract

Samples: Security Agreement (Jubilant Generics Inc.)

Pledged Shares. (i) Grantors will cause the Pledged Shares to constitute at all times 100% of the total number of Shares that are not Excluded Shares of each Issuer then outstanding owned by Grantors.

Appears in 1 contract

Samples: Credit Agreement (Molecular Templates, Inc.)

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Pledged Shares. (i) The Grantors will cause the Pledged Shares to constitute at all times 100% of the total number of Shares that are not Excluded Shares of each Issuer then outstanding owned by Grantorsthe Grantors except for Shares constituting Excluded Assets.

Appears in 1 contract

Samples: Security Agreement (Viveve Medical, Inc.)

Pledged Shares. (i) The Grantors will cause the Pledged Shares to constitute at all times 100% of the total number of Shares that are not Excluded the then outstanding Shares of each Issuer then outstanding owned by the Grantors.

Appears in 1 contract

Samples: Security Agreement (Axogen, Inc.)

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