The Pledged Stock Sample Clauses

The Pledged Stock. (i) The shares of Pledged Stock constitute all the issued and outstanding shares of all classes of the capital stock of each Issuer. There are no outstanding options, warrants or other rights to purchase any shares of capital stock of any Issuer.
AutoNDA by SimpleDocs
The Pledged Stock. The Pledged Stock has been duly authorized and validly issued, and is fully-paid and non-assessable, free and clear of any and all Liens.
The Pledged Stock. (e) All cash and/or Investment Securities deposited with the Collateral Agent to be held by the Collateral Agent as security for the Obligations as provided herein or in the Master Sub-License Agreement.
The Pledged Stock. As used herein, the term "Pledged Stock" shall mean (i) the 1,134,000 shares of common stock, par value $00.001 per share, of Alfacell, listed on Exhibit A hereto, (ii) any and all securities now or hereafter issued in substitution, exchange, or replacement for such shares, or as a dividend or distribution with respect to the Pledged Stock, (iii) any and all warrants, options, partnership interests, or other rights to subscribe to or acquire any additional capital stock of Alfacell obtained by the Pledgor in connection with her ownership of such shares, and (iv) any and all capital stock or other types of interests that are required to be pledged hereunder pursuant to this Pledge Agreement or the Agreements, including without limitation Section 4 hereof, and (v) any proceeds of any of the foregoing including any cash proceeds realized upon the sale or other disposition of Pledged Stock.
The Pledged Stock. The Pledgor owns all of the ownership, voting and all other rights in 9,000 shares of the capital stock of Brightstar US, Inc., a Florida corporation ("Brightstar US"). All of the foregoing right, title and interest of the Pledgor, and all shares resulting from the exercise of any options, warrants or other contractual rights to acquire additional shares in Brightstar US and all distributions on all of the foregoing, whether in kind, in the form of additional shares of stock of Brightstar US or in cash, is subject to the pledge being granted herein, and all of the foregoing is referred to as the "Pledged Stock". To the extent any of the foregoing may also be considered Proceeds, the characterization shall be such as better protects the security interest of the Secured Party, it being the intent of the parties hereto that the characterization of the interests being granted herein should not adversely effect the Secured Party.
The Pledged Stock. The Pledgor owns all of the ownership, voting and all other rights in 20,869,213 shares of the capital stock of Brightstar Corp., a Delaware corporation ("Brightstar"). All of the foregoing right, title and interest of the Pledgor, and all shares resulting from the exercise of any options, warrants or other contractual rights to acquire additional shares in Brightstar and all distributions on all of the foregoing, whether in kind, in the form of [***] Denotes Confidential Treatment Requested additional shares of stock of Brightstar or in cash, is subject to the pledge being granted herein, and all of the foregoing is referred to as the "Pledged Stock". To the extent any of the foregoing may also be considered Proceeds, the characterization shall be such as better protects the security interest of the Secured Party, it being the intent of the parties hereto that the characterization of the interests being granted herein should not adversely effect the Secured Party.
The Pledged Stock. The Pledgor owns all of the ownership, voting and all other rights in the number of shares of the capital stock of each Foreign Subsidiary shown on Exhibit A to this Agreement. All of the foregoing right, title and interest of the Pledgor, and all shares resulting from the exercise of any options, warrants or other contractual rights to acquire additional shares in any Foreign Subsidiary and all distributions on all of the foregoing, whether in kind, in the form of additional shares of stock of any Foreign Subsidiary or in cash, is subject to the pledge being granted herein, and all of the foregoing is referred to as the "Pledged Stock"; provided, that in no event will the Pledged Stock with respect to any Foreign Subsidiary exceed 66% of the total combined voting power of all classes of stock of such Foreign Subsidiary entitled to vote. To the extent any of the foregoing may also be considered Proceeds, the characterization shall be such as better protects the security interest of the Secured Party, it being the intent of the parties hereto that the characterization of the interests being granted herein should not adversely effect the Secured Party.
AutoNDA by SimpleDocs

Related to The Pledged Stock

  • Pledged Stock In the case of each Grantor that is an Issuer, such Issuer agrees that (i) it will be bound by the terms of this Agreement relating to the Pledged Stock issued by it and will comply with such terms insofar as such terms are applicable to it, (ii) it will notify the Collateral Agent promptly in writing of the occurrence of any of the events described in Subsection 5.3.1 with respect to the Pledged Stock issued by it and (iii) the terms of Subsections 6.3(c) and 6.7 shall apply to it, mutatis mutandis, with respect to all actions that may be required of it pursuant to Subsection 6.3(c) or 6.7 with respect to the Pledged Stock issued by it.

  • Pledged Stock; Stock Powers; Pledged Notes The Administrative Agent shall have received (i) the certificates representing the shares of Capital Stock pledged pursuant to the Guarantee and Collateral Agreement, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof and (ii) each promissory note (if any) pledged to the Administrative Agent pursuant to the Guarantee and Collateral Agreement endorsed (without recourse) in blank (or accompanied by an executed transfer form in blank) by the pledgor thereof.

  • Voting Rights in Respect of the Pledged Collateral (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, each Pledgor may exercise any and all voting and other consensual rights pertaining to the Pledged Collateral of such Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or the Credit Agreement; and

  • Pledged Shares (i) One hundred percent (100%) (or, if less, the full amount owned by such Pledgor) of the issued and outstanding Capital Stock owned by such Pledgor of each Domestic Subsidiary set forth on Schedule 2(a) attached hereto and (ii) sixty-five percent (65%) (or, if less, the full amount owned by such Pledgor) of the issued and outstanding shares of Capital Stock entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) ("Voting Equity") and one hundred percent (100%) (or, if less, the full amount owned by such Pledgor) of the issued and outstanding Capital Stock not entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)) ("Non-Voting Equity") owned by such Pledgor of each Foreign Subsidiary set forth on Schedule 2(a) attached hereto, in each case together with the certificates (or other agreements or instruments), if any, representing such Capital Stock, and all options and other rights, contractual or otherwise, with respect thereto (collectively, together with the Capital Stock described in Section 2(b) and 2(c) below, the "Pledged Shares"), including, but not limited to, the following:

  • The Pledge As collateral security for the timely and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of any or all of the payments due by Party C, including without limitation the consulting and services fees payable to the Pledgee under the Business Cooperation Agreement, Pledgor hereby pledges to Pledgee a first security interest in all of Pledgor’s right, title and interest, whether now owned or hereafter acquired by Pledgor, in the Equity Interest of Party C.

  • Delivery of the Pledged Collateral Each Pledgor hereby agrees that:

  • Exercise of Rights in Pledged Collateral (i) Without in any way limiting the foregoing and subject to clause (ii) below, such Grantor shall have the right to exercise all voting rights or other rights relating to the Pledged Collateral owned by it for all purposes not inconsistent with this Security Agreement, the Credit Agreement or any other Loan Document; provided however, that no vote or other right shall be exercised or action taken which would have the effect of impairing the rights of the Administrative Agent in respect of such Pledged Collateral.

  • Pledged Securities (a) If such Grantor shall become entitled to receive or shall receive any stock certificate (including, without limitation, any certificate representing a stock dividend or a distribution in connection with any reclassification, increase or reduction of capital or any certificate issued in connection with any reorganization), option or rights in respect of the Capital Stock of any Issuer, whether in addition to, in substitution of, as a conversion of, or in exchange for, any shares of the Pledged Stock, or otherwise in respect thereof, such Grantor shall accept the same as the agent of the Administrative Agent and the Lenders, hold the same in trust for the Administrative Agent and the Lenders and deliver the same forthwith to the Administrative Agent in the exact form received, duly indorsed by such Grantor to the Administrative Agent, if required, together with an undated stock power covering such certificate duly executed in blank by such Grantor and with, if the Administrative Agent so requests, signature guaranteed, to be held by the Administrative Agent, subject to the terms hereof, as additional collateral security for the Obligations. Any sums paid upon or in respect of the Pledged Securities upon the liquidation or dissolution of any Issuer shall be paid over to the Administrative Agent to be held by it hereunder as additional collateral security for the Obligations, and in case any distribution of capital shall be made on or in respect of the Pledged Securities or any property shall be distributed upon or with respect to the Pledged Securities pursuant to the recapitalization or reclassification of the capital of any Issuer or pursuant to the reorganization thereof, the property so distributed shall, unless otherwise subject to a perfected security interest in favor of the Administrative Agent, be delivered to the Administrative Agent to be held by it hereunder as additional collateral security for the Obligations. If any sums of money or property so paid or distributed in respect of the Pledged Securities shall be received by such Grantor, such Grantor shall, until such money or property is paid or delivered to the Administrative Agent, hold such money or property in trust for the Lenders, segregated from other funds of such Grantor, as additional collateral security for the Obligations.

  • Pledged Equity The pledged equity under this Agreement is 7.8 % equity interests held by the Pledgor in Domestic Company (“Pledged Equity”) and all relevant interests. Upon the effectiveness of this Agreement, the situation of Pledged Equity is set out below: Domestic Company’s Name: Dalian Tongda Equipment and Technology Development Co., Ltd. Registered Capital: RMB7,000,000.00 Pledged Equity: 7.8 % equity interests of Domestic Company Capital Contribution corresponding to the Pledged Equity: RMB 546,000

  • Pledged Equity Interests Set forth on Schedule 5.21(f), as of the Closing Date and as of the last date such Schedule was required to be updated in accordance with Section 6.02, is a list of (i) all Pledged Equity and (ii) all other Equity Interests required to be pledged to the Administrative Agent pursuant to the Collateral Documents (in each case, detailing the Grantor (as defined in the Security Agreement), the Person whose Equity Interests are pledged, the number of shares of each class of Equity Interests, the certificate number and percentage ownership of outstanding shares of each class of Equity Interests and the class or nature of such Equity Interests (i.e. voting, non-voting, preferred, etc.).

Time is Money Join Law Insider Premium to draft better contracts faster.