Stock Pledge Sample Clauses

Stock Pledge. To evidence and perfect the Liens of Collateral Agent in the Subsidiary Stock, the Company and the Subsidiaries owning other Subsidiaries or Unrestricted Sub- sidiaries shall execute and deliver the Stock Pledge Agreement and will execute and deliver related undated stock powers ex- ecuted in blank by the Company and shall deliver all original certificates representing the Subsidiary Stock to Collateral Agent and will cause all issuers of Subsidiary Stock to execute and deliver pledge acknowledgments pursuant to the Stock Pledge Agreement.
AutoNDA by SimpleDocs
Stock Pledge. To evidence and perfect the Liens of Collateral Agent in the Subsidiary Stock, Company and the Subsidiaries owning other Subsidiaries, Excluded Subsidiaries, or Unrestricted Subsidiaries have executed and delivered the Stock Pledge Agreement and have executed and delivered and will execute and deliver related undated stock powers executed in blank and have delivered and will deliver the original certificates representing the Subsidiary Stock to Collateral Agent and have caused and will cause all issuers of Subsidiary Stock to execute and deliver pledge acknowledgments pursuant to the Stock Pledge Agreement.
Stock Pledge. To secure the full performance of Shareholder's obligation to MRSC under the Promissory Note, Shareholder hereby grants to MRSC a security interest in the Shares.
Stock Pledge. As security for the full and timely payment and performance of all Obligations now existing or hereafter arising, the Borrower and each Domestic Subsidiary owning any Pledged Stock shall on or before the Closing Date deliver to the Agent, in form and substance reasonably acceptable to the Agent, the Stock Pledge Agreement together with certificates representing such Pledged Stock and such stock powers duly executed in blank as may be required by the Agent in accordance with the terms hereof and thereof. In addition to any Stock Pledge Agreement required to be delivered pursuant to Section 9.21 hereof, the Borrower and each Subsidiary hereby agrees to pledge to the Agent for the benefit of the Lenders (a) 100% of the capital stock and related interests and rights directly or indirectly owned by the Borrower of any Domestic Subsidiary or Domestic Control Subsidiary hereafter acquired or created, (b) 65% of the voting stock and related interests and rights directly or indirectly owned by the Borrower of any Direct Foreign Subsidiary or Direct Foreign Control Subsidiary hereafter acquired or created and (c) 100% of the capital stock and related interests and rights directly or indirectly owned by the Borrower of any Foreign Subsidiary or Foreign Control Subsidiary of the Borrower to the extent such action would not result in any material adverse tax impact on the Borrower and, in each case, to deliver to the Agent a Stock Pledge Agreement substantially in the form of Exhibit G hereto within thirty (30) days of the acquisition or creation of such Subsidiary.
Stock Pledge. 58 SECTION 6.3 Guaranty........................................................... 58 SECTION 6.4
Stock Pledge. As security for payment and performance of the obligations of Borrower to Secured Party described in Paragraph 2 below (collectively and severally, the "Obligations"), Borrower hereby assigns and pledges to Secured Party all shares of the Common Stock of Signal Pharmaceuticals, Inc. now or hereafter owned by Borrower (the "Pledged Shares"). Borrower shall deliver the Pledged Shares and a duly endorsed collateral stock power relating to the Pledged Shares to Secured Party and Secured Party hereby acknowledges receipt of the Pledged Shares and the endorsed collateral stock power. Secured Party shall hold the Pledged Shares as security for repayment of the Note in full.
Stock Pledge. To secure the payment and performance of all Obligations of the Borrower to the Lender, (i) the Pledgor has executed and delivered a Pledge Agreement pursuant to which one hundred (100%) percent of the equity interests of the Pledged Entities have been pledged to the Lender and (ii) within ninety (90) days of the date hereof, the Pledged Entities will execute and deliver a Pledge Agreement pursuant to which one hundred (100%) percent of the Equity Interests of the License Holders will be pledged to the Lender.
AutoNDA by SimpleDocs
Stock Pledge. The Founder Stockholders shall have duly executed and delivered the Stock Pledge Agreement in form and substance reasonably satisfactory to the Purchaser.
Stock Pledge. Community Medical Transport, Inc., as pledgor ("Stock Pledgor") under separate Stock Pledge Agreements of even date herewith ("Stock Pledge Agreements") shall have executed and delivered the Stock Pledge Agreements, pledging in favor of FINOVA all of the issued and outstanding common capital stock of (i) Community Ambulette Service, Inc.; (ii) First Help Ambulance and Ambulette, Inc.; (iii) Empire Ambulance and Ambulete, Inc.; (iv) Century Ambulance and Ambulette, Inc.; (v) Xxxxxxxx/Xxxxxx Operating Company, Inc.; (vi) Elite Ambulance and Medical Coach, Inc.; (vii) Xxxxxx Valley Meddtex, Inc.; (viii) Clove Professional Services, Inc.; (ix) Consolidated Collections, Inc.; and (x) Xxxxxxxx/Xxxxxx Payroll Company, Inc. FINOVA shall be in possession on the Closing Date of original stock certificates evidencing the shares of stock so pledged to FINOVA, and of undated stock Powers and Assignments Apart from Certificate, executed in blank by Stock Pledgors with respect to all such shares;
Stock Pledge. A signed stock pledge agreement from the Borrower covering all of the capital stock of the Guarantor.
Time is Money Join Law Insider Premium to draft better contracts faster.