Common use of Status of Pledged Equity Clause in Contracts

Status of Pledged Equity. The certificates evidencing the Pledged Equity (as applicable) shall at all times be valid and genuine and shall not be altered. The Pledged Equity at all times shall be duly authorized, validly issued, fully paid, and non-assessable (as applicable), shall not be issued in violation of the pre-emptive rights of any Person or of any agreement by which Pledgor or any Subsidiary is bound, and, except for the bylaws or other organizational documents of any Subsidiary, shall not be subject to any restrictions or conditions with respect to the transfer, voting or capital of any Pledged Equity.

Status of Pledged Equity. The certificates evidencing the Pledged Equity (as applicable) shall at all times be valid and genuine and shall not be altered. The Pledged Equity at all times shall be duly authorized, validly issued, fully paid, and non-assessable (as applicable), shall not be issued in violation of the pre-emptive rights of any Person or of any agreement by which Pledgor or any Subsidiary is bound, and, except for the bylaws or other organizational documents of any Subsidiary, and shall not be subject to any restrictions or conditions with respect to the transfer, voting or capital of any Pledged Equity.

Status of Pledged Equity. The certificates evidencing the Pledged Equity (as applicable) shall at all times be valid and genuine and shall not be altered. The Pledged Equity at all times shall be duly authorized, validly issued, fully paid, and non-assessable (as applicable), shall not be issued in violation of the pre-emptive rights of any Person or of any agreement by which Pledgor or any Subsidiary is bound, and, except for the bylaws or other organizational documents of any each Subsidiary, shall not be subject to any restrictions or conditions with respect to the transfer, voting or capital of any Pledged Equity.

Status of Pledged Equity. The certificates evidencing the Pledged Equity (as applicable) shall at all times be valid and genuine and shall not be altered. The Pledged Equity at all times shall be duly authorized, validly issued, fully paid, and non-assessable (as applicable), shall not be issued in violation of the pre-emptive rights of any Person or of any agreement by which Pledgor or any Subsidiary Borrower is bound, and, except for the bylaws or other organizational documents of any Subsidiary, and shall not be subject to any restrictions or conditions with respect to the transfer, voting or capital of any Pledged Equity.

Status of Pledged Equity. The certificates evidencing the Pledged Equity (as applicable) shall at all times be valid and genuine and shall not be altered. The Pledged Equity at all times shall be duly authorized, validly issued, fully paid, and non-assessable (as applicable), shall not be issued in violation of the pre-emptive rights of any Person or of any agreement by which Pledgor or any Subsidiary the JV Company is bound, and, except for the bylaws or other organizational documents of any Subsidiarythe JV Company, shall not be subject to any restrictions or conditions with respect to the transfer, voting or capital of any Pledged Equity.

Status of Pledged Equity. The certificates (or other instruments and writings) evidencing the Pledged Equity (as applicable) shall at all times be valid and genuine and shall not be altered. The Pledged Equity at all times shall be duly authorized, validly issued, fully paid, and non-assessable (as applicable)assessable, shall not be issued in violation of the pre-emptive rights of any Person or of any agreement by which Pledgor or any Subsidiary of its Subsidiaries is bound, and, except for the partnership agreement, regulations or bylaws or other organizational documents of any SubsidiaryPledgor, shall not be subject to any restrictions or conditions with respect to the transfer, voting or capital of any Pledged Equity.

Status of Pledged Equity. The certificates (or other instruments and writings) evidencing the Pledged Equity (as applicable) shall at all times be valid and genuine and shall not be altered. The Pledged Equity at all times shall be duly authorized, validly issued, fully paid, and non-assessable (as applicable)assessable, shall not be issued in violation of the pre-emptive rights of any Person or of any agreement by which Pledgor or any Subsidiary of its Subsidiaries is bound, and, except for the bylaws bylaws, partnership agreement or other organizational documents regulations of any SubsidiaryPledgor, shall not be subject to any restrictions or conditions with respect to the transfer, voting or capital of any Pledged Equity.

Status of Pledged Equity. The certificates (or other instruments and ------------------------ writings) evidencing the Pledged Equity (as applicable) shall at all times be valid and genuine and shall not be altered. The Pledged Equity at all times shall be duly authorized, validly issued, fully paid, and non-assessable (as applicable)assessable, shall not be issued in violation of the pre-emptive rights of any Person or of any agreement by which Pledgor or any Subsidiary of its Subsidiaries is bound, and, except for the bylaws bylaws, partnership agreement or other organizational documents regulations of any SubsidiaryPledgor, shall not be subject to any restrictions or conditions with respect to the transfer, voting or capital of any Pledged Equity.

Status of Pledged Equity. The certificates (or other instruments and writings) evidencing the Pledged Equity (as applicable) shall at all times be valid and genuine and shall not be altered. The Pledged Equity at all times shall be duly authorized, validly issued, fully paid, and non-assessable (as applicable)non- assessable, shall not be issued in violation of the pre-emptive rights of any Person or of any agreement by which Pledgor or any Subsidiary is Borrower bound, and, except for the partnership agreement, regulations or bylaws or other organizational documents of any SubsidiaryBorrower, shall not be subject to any restrictions or conditions with respect to the transfer, voting or capital of any Pledged Equity.

Status of Pledged Equity. The certificates evidencing the Pledged Equity (as applicable) shall at all times be valid and genuine and shall not be altered. The Pledged Equity at all times shall be duly authorized, validly issued, fully paid, and non-assessable (as applicable), shall not be issued in violation of the pre-emptive rights of any Person or of any agreement by which Pledgor or any Subsidiary the Issuer is bound, and, except for the bylaws or other organizational documents of any Subsidiarythe Issuer or applicable state or federal securities Laws, shall not be subject to any restrictions or conditions with respect to the transfer, voting or capital of any Pledged Equity.