Pledgeholder Clause Samples

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Pledgeholder. To facilitate the pledge created herein, the parties agree that E▇▇▇▇ ▇▇▇▇, P.C. located at 3▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇, ▇▇▇▇▇ ▇▇▇, ▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇ ▇▇▇▇▇, shall act as Pledgeholder; provided, however, that Pledgor may elect at any time to appoint an independent third party as pledgeholder (the “Assignee”) such as U.S. Bank effective upon the execution of an amendment to this Agreement by Assignee and the parties hereto. The parties hereto agree to execute such amendment and cooperate to cause such appointment of Assignee subject to the following: (i) Pledgor shall pay for Assignee’s costs and fees to act as pledgeholder; and (ii) the Company and Pledgeholder shall agree to execute such escrow instructions and an amendment to this Agreement as reasonably requested by Assignee including an agreement by Pledgor and the Company to indemnify Assignee for all acts arising out of this Agreement other than gross negligence or intentional misconduct by Assignee..
Pledgeholder. The Digi Founders (individually and collectively), the Company, and Rapture hereby designate ▇▇▇▇▇ ▇. ▇▇▇▇▇, ▇▇. of Fifth Avenue Law Group PLLC as the Pledgeholder to hold the Shares pursuant to the terms of this Pledge and Security Agreement.
Pledgeholder. Pledgors and Secured Party hereby jointly appoint ------------ Raymond A. Lee, Esq. of Lee & Goddard LLP to serve and act as pl▇▇▇▇▇▇▇▇▇▇ ("▇▇▇dgeholder") ▇▇▇ to ▇▇▇▇ ▇▇d dispose of the Certificates in accordance with this Pledge. Pledgors hereby collaterally assigns to Pledgeholder the Certificates without claim of right during the term of this Pledge. Upon execution of this Pledge, each Pledgor shall deliver its Certificate to Pledgeholder and shall also make, execute and deliver to Pledgeholder an assignment separate from certificate, endorsed in blank, permitting transfer of such Certificate to Pledgeholder or Pledgeholder's designee (each, an "Assignment"), in the form attached hereto as Exhibit "1." -----------
Pledgeholder. Brownstein, Rask, Sweeney, Kerr,
Pledgeholder. Exhibit Only - Do not sign --------------------------------------------- Walter G. Mize EXHIBIT C ESCROW AGREEMENT Walter G. Mize, Field Stree▇ ▇▇▇▇▇▇▇ ▇▇▇▇ch, Christian Heritage Foundation, Adam Mize, Mary Catherine H▇▇▇▇, ▇▇▇ ▇▇▇▇ T▇▇▇▇ ▇▇▇ ▇▇▇ ▇▇nter T▇▇▇▇ (collectively, the "Selling Shareholders"), Lothian Oil, Inc., a Delaware corporation ("Purchaser"), and Community Bank ("Escrow Agent") together agree as follows:
Pledgeholder. The Parties to this Agreement agree that AIGH, as the Pledgeholder (or any successor Pledgeholder hereunder), shall have no liability for any act or omission in the capacity of the Pledgeholder under this Agreement except for a willful misconduct or gross negligence. No successor Pledgeholder shall be liable for any act or omissions of a predecessor Pledgeholder. The Pledgeholder may resign at any time by giving seven days written notice to the parties to this Agreement and the Investors, acting by a majority in number, may replace the Pledgeholder by giving the Pledgeholder two days written notice of the replacement and the identity of the new Pledgeholder. In the event of a resignation, the Investors, acting by a majority in number, shall designate a successor Pledgeholder and give notice as to the identity of the new Pledgeholder to the parties to this Agreement.
Pledgeholder. To facilitate the pledge created herein, the parties agree that MGC shall act as Pledgeholder.
Pledgeholder. Pledgor and Secured Party hereby designate ▇▇▇▇▇▇▇ ▇. ▇▇▇ of Brownstein, Rask, Sweeney, Kerr, Grim, DeSylvia & Hay, LLP as the Pledgeholder to hold the TTS Shares pursuant to the terms of this Pledge Agreement.
Pledgeholder. New Guarantor and Landlord hereby stipulate and agree to the appointment of ***REDACTED***, a California corporation, as pledgeholder (“Pledgeholder”) under the Security/Pledge Agreement referenced in Paragraph C above. Said appointment (and the acceptance thereof by Pledgeholder) is a material condition precedent to the exchange of guarantors as herein set forth.
Pledgeholder. Exhibit Only - Do not sign ----------------------------------------- Walter G. Mize EXHIBIT C ESCROW AGREEMENT ESCROW AGREEMENT Walter G. Mize, Field Street Baptist Church, Christian Heritage Found▇▇▇▇▇, ▇▇▇▇ ▇▇ze, Mary Catherine Hicks, The Cody Trust and The Hunter Trust (▇▇▇l▇▇▇▇▇▇▇▇, t▇▇ "▇▇▇▇▇▇▇ ▇▇▇rehold▇▇▇"), Lothian Oil, Inc., a Delaware corporation ("Purchaser"), and Community Bank ("Escrow Agent") together agree as follows: