Common use of Pledgor’s Authority Clause in Contracts

Pledgor’s Authority. No authorization, approval or action by, and no notice or filing with any Governmental Authority, the issuer of any Pledged Equity Interests or third party is required either (i) for the pledge made by a Pledgor or for the granting of the security interest by a Pledgor pursuant to this Pledge Agreement or (ii) for the exercise by the Administrative Agent or the Secured Parties of their rights and remedies hereunder (except as may be required by laws affecting the offering and sale of securities).

Appears in 1 contract

Samples: Pledge Agreement (New Media Investment Group Inc.)

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Pledgor’s Authority. No material authorization, approval or action by, and no notice or filing with any Governmental Authority, the issuer of any Pledged Equity Interests or third party is required either (i) for the pledge made by a Pledgor or for the granting of the security interest by a Pledgor pursuant to this Pledge Agreement or (ii) for the exercise by the Administrative Agent or the Secured Parties of their rights and remedies hereunder (except as may be required by laws affecting the offering and sale of securities).

Appears in 1 contract

Samples: S. Pledge Agreement (VOXX International Corp)

Pledgor’s Authority. No authorization, approval or action by, and no notice or filing with any Governmental Authoritygovernmental authority, the issuer obligor of any Pledged Equity Interests Debt or third party is required either (i) for the pledge made by a such Pledgor or for the granting of the security interest by a such Pledgor pursuant to this Pledge Agreement or (ii) for the exercise by the Administrative Agent or the any Secured Parties Party of their its rights and remedies hereunder (except as may be required by laws affecting the offering and sale of securities)) in respect of the Pledged Collateral pledged by such Pledgor hereunder.

Appears in 1 contract

Samples: Pledge Agreement (Transmeridian Exploration Inc)

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Pledgor’s Authority. No authorization, approval or action by, and no notice or filing with any Governmental Authority, the issuer of any the Pledged Equity Interests Collateral or third party is required either (i) for the pledge made by a the Pledgor or for the granting of the security interest by a the Pledgor pursuant to this Pledge Agreement or (ii) for the exercise by the Administrative Agent or of its and the Secured Parties of their Lenders’ rights and remedies hereunder (except as may be required by laws affecting the offering and sale of securities).

Appears in 1 contract

Samples: Secured Guaranty Pledge Agreement (Wells Timberland REIT, Inc.)

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