Collateral Stock definition

Collateral Stock means shares of Class B Common Stock that are the subject of a bona fide pledge or similar perfected security interest.
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Collateral Stock means all of the common stock of Varsity Clubs of America Incorporated, an Arizona corporation, currently issued, outstanding and held in the name of the Company.
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Collateral Stock which is being modified hereby, the provisions of Section 2 of the Note shall remain unaltered and in full force and effect.
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Examples of Collateral Stock in a sentence

  • Within five (5) calendar days of Fisher’s receipt of the above, Fisher shall cause to be terminated and canceled that certain Collateral Stock Pledge dated December 31, 1994, executed by Loomis and issued to Fisher and Landlord (the “Stock Pledge”), and the Debtors or Reorganized Debtors, as applicable, Fisher, and Enzyme Formulations Liquidation Company,L.L.C. (“Landlord”), or their respective successors or assigns, shall execute such documents as are necessary to terminate and cancel the Stock Pledge.

  • In case of death of a client, FIPL shall be entitled to liquidate the Collateral Stock and Funded Stock under MTF and recover the outstanding dues, if any.Any and all losses and financial charges on account of such liquidations shall be charged to the client.

  • Linking these networks together would enable them to expand and diversify the service offering, ensure continuity of service and shorten the crossing time.

  • In Psalm 22:26, we read: ‘’ The poor will eat and be satisfied; they who seek the Lord will praise him – may your hearts live forever!” Yes, it is true.

  • If a client is debarred by order of lawful authority from dealing in the securities market, JYOTI shall have the liberty to liquidate Collateral Stock and Funded Stock of the client to recover its dues to the full extent forthwith.

  • If a client is debarred by order of lawful authority from dealing in the securities market, FIPL shall have the liberty to liquidate Collateral Stock and Funded Stock of the client to recover its dues to the full extent forthwith.

  • In case of death of a client, ADROIT shall be entitled to liquidate the Collateral Stock and Funded Stock under MTF and recover the outstanding dues, if any.Any and all losses and financial charges on account of such liquidations shall be charged to the client.

  • In case of death of a client, JYOTI shall be entitled to liquidate the Collateral Stock and Funded Stock under MTF and recover the outstanding dues, if any.

  • The Pledgors agree to execute and deliver such additional and reasonable endorsements, forms and/or writings and agreements and instruments, as the Pledgees may at any time reasonably request in writing in connection with the administration and enforcement of this Stock Pledge Agreement or with respect to the Collateral Stock or any part thereof.

  • Upon the satisfaction in full of the Pledgor’s obligations under the LandCo Sale Agreement are completely and irrevocably fulfilled in full, this Stock Pledge Agreement shall automatically be terminated and the pledge upon the Collateral Stock shall be released and cancelled.


More Definitions of Collateral Stock

Collateral Stock shall have the meaning assigned in the definition of Collateral.
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Collateral Stock means shares of Class B Common Stock that are the subject of a bona fide pledge or similar perfected security interest. “Commission” has the meaning ascribed thereto in Section 2(a) hereof.
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Collateral Stock means [____________] shares of Common Stock and any and all distributions and dividends which may from time to time be paid or payable on such shares. The Company and Employee agree to take any and all actions necessary (including executing suitable stock powers) to enable the Company to issue separate stock certificate(s) evidencing the Released Shares and the Collateral Stock and to enable the Company to perfect and maintain the validity and priority of the security interest granted to the Company pursuant to the Note. The Company shall cause the certificate(s) evidencing the Released Shares to be released to Employee and pursuant to Section 2 of the Note shall retain the certificate(s) evidencing the Collateral Stock. Except for the definition of "Collateral Stock" which is being modified hereby, the provisions of Section 2 of the Note shall remain unaltered and in full force and effect.
Sample 1
Collateral Stock means (a) the issued and outstanding shares of LandCo stock (the “Shares”) and any additional shares, (including certificates representing a stock dividend or options or rights in respect of LandCo’s Equity Interest) (the “Additional Shares”) from time to time issued or otherwise distributed by LandCo on or with respect to or in exchange for or in substitution of any or all of the Shares and any and all of the certificates representing such Shares and Additional Shares; (b) the dividends, liquidation quotas and any other distributions whether in cash or credit (the “Dividends”) which LandCo may make at any time in connection with the Shares and the Additional Shares; and (c) all rights derived from the Shares and the Additional Shares.
Sample 1
Collateral Stock means the REIT Stock and any Pledged Marketable Equity Securities delivered pursuant to Section 2.04 hereof.
Sample 1

Related to Collateral Stock

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged Trust Interests.

  • Existing Equity Interests means any Equity Security, including all issued, unissued, authorized, or outstanding shares of capital stock and any other common stock, preferred stock, limited liability company interests, and any other equity, ownership, or profit interests of Mariposa Intermediate, including all options, warrants, rights, stock appreciation rights, phantom stock rights, restricted stock units, redemption rights, repurchase rights, convertible, exercisable, or exchangeable securities, or other agreements, arrangements, or commitments of any character relating to, or whose value is related to, any such interest or other ownership interest in Mariposa Intermediate, whether or not arising under or in connection with any employment agreement and whether or not certificated, transferable, preferred, common, voting, or denominated “stock” or a similar security.

  • Pledged Investment Property means any investment property of any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, other than any Pledged Stock or Pledged Debt Instruments. “Pledged Investment Property” excludes any Excluded Property.

  • Preferred Equity Interests means, with respect to any Person, Equity Interests in such Person which are entitled to preference or priority over any other Equity Interest in such Person in respect of the payment of dividends or distribution of assets upon liquidation or both.

  • New Equity Interests means the limited liability company

  • Excluded Equity Interests means (a) any Equity Interests with respect to which, in the reasonable judgment of the Administrative Agent and the Borrower, the cost or other consequences of pledging such Equity Interests in favor of the Secured Parties under the Security Documents shall be excessive in view of the benefits to be obtained by the Secured Parties therefrom, (b) solely in the case of any pledge of Equity Interests of any Foreign Subsidiary or FSHCO (in each case, that is owned directly by the Borrower or a Guarantor) to secure the Obligations, any Equity Interest that is Voting Stock of such Foreign Subsidiary or FSHCO in excess of 65% of the Voting Stock of such Subsidiary, (c) any Equity Interests to the extent the pledge thereof would be prohibited by any Requirement of Law, (d) in the case of (i) any Equity Interests of any Subsidiary to the extent the pledge of such Equity Interests is prohibited by Contractual Requirements existing on the Closing Date or at the time such Subsidiary is acquired (provided that such Contractual Requirements have not been entered into in contemplation of such Subsidiary being acquired), or (ii) any Equity Interests of any Subsidiary that is not a Wholly owned Subsidiary at the time such Subsidiary becomes a Subsidiary, any Equity Interests of each such Subsidiary described in clause (i) or (ii) to the extent (A) that a pledge thereof to secure the Obligations is prohibited by any applicable Contractual Requirement (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable Requirements of Law), (B) any Contractual Requirement prohibits such a pledge without the consent of any other party; provided that this clause (B) shall not apply if (1) such other party is a Credit Party or a Wholly owned Subsidiary or (2) consent has been obtained to consummate such pledge (it being understood that the foregoing shall not be deemed to obligate the Borrower or any Subsidiary to obtain any such consent)) and only for so long as such Contractual Requirement or replacement or renewal thereof is in effect, or (C) a pledge thereof to secure the Obligations would give any other party (other than a Credit Party or a Wholly owned Subsidiary) to any Contractual Requirement governing such Equity Interests the right to terminate its obligations thereunder (other than customary non-assignment provisions that are ineffective under the Uniform Commercial Code or other applicable Requirement of Law), (e) the Equity Interests of any Immaterial Subsidiary (unless a security interest in the Equity Interests of such Subsidiary may be perfected by filing an “all assets” UCC financing statement) and any Unrestricted Subsidiary, (f) the Equity Interests of any Subsidiary of a Foreign Subsidiary or FSHCO, (g) any Equity Interests of any Subsidiary to the extent that the pledge of such Equity Interests would result in material adverse tax consequences to the Borrower or any Subsidiary as reasonably determined by the Borrower, (h) any Equity Interests set forth on Schedule 1.1(b) which have been identified on or prior to the Closing Date in writing to the Administrative Agent by an Authorized Officer of the Borrower and agreed to by the Administrative Agent and (i) Margin Stock.

  • Pledged Equity Interest means an Equity Interest that is included in the Collateral at such time.

  • Capital Stock Sale Proceeds means the aggregate cash proceeds received by the Company from the issuance or sale (other than to a Subsidiary of the Company or an employee stock ownership plan or trust established by the Company or any such Subsidiary for the benefit of their employees) by the Company of its Capital Stock (other than Disqualified Stock) after the Issue Date, net of attorneys’ fees, accountants’ fees, underwriters’ or placement agents’ fees, discounts or commissions and brokerage, consultant and other fees actually incurred in connection with such issuance or sale and net of taxes paid or payable as a result thereof.

  • Voting Equity Interests means Equity Interests in a corporation or other Person with voting power under ordinary circumstances entitling the holders thereof to elect the Board of Directors or other governing body of such corporation or Person.

  • Pledged Shares has the meaning provided in Section 2 hereof.

  • Permitted Equity Interests means common stock of the Borrower that after its issuance is not subject to any agreement between the holder of such common stock and the Borrower where the Borrower is required to purchase, redeem, retire, acquire, cancel or terminate any such common stock.

  • Preferred Equity Interest in any Person, means an Equity Interest of any class or classes (however designated) which is preferred as to the payment of dividends or distributions, or as to the distribution of assets upon any voluntary or involuntary liquidation or dissolution of such Person, over Equity Interests of any other class in such Person.

  • Pledged Stock has the meaning assigned to such term in Section 3.01.

  • Investment Property the collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of the New York UCC (other than any Foreign Subsidiary Voting Stock excluded from the definition of “Pledged Stock”) and (ii) whether or not constituting “investment property” as so defined, all Pledged Notes and all Pledged Stock.

  • Pledged Funds means all of the Series Pledged Funds.

  • Qualified Equity Interests means any Equity Interests that are not Disqualified Equity Interests.

  • Subsidiary Stock means, with respect to any Person, the stock (or any options or warrants to purchase stock or other Securities exchangeable for or convertible into stock) of any Subsidiary of such Person.

  • Investment Related Property means (i) all “investment property” (as such term is defined in Article 9 of the UCC) and (ii) all of the following (regardless of whether classified as investment property under the UCC): all Pledged Equity Interests, Pledged Debt, the Investment Accounts and certificates of deposit.

  • Pledged LLC Interests means all right, title and interest of any Grantor as a member of any LLC and all right, title and interest of any Grantor in, to and under any LLC Agreement to which it is a party.

  • Equity Interests means Capital Stock and all warrants, options or other rights to acquire Capital Stock (but excluding any debt security that is convertible into, or exchangeable for, Capital Stock).

  • Subsidiary Equity Interests has the meaning specified in Section 5.6.

  • Controlled Securities Account means each securities account (including all financial assets held therein and all certificates and instruments, if any, representing or evidencing such financial assets) that is the subject of an effective Control Agreement.

  • Fund's Assets means any of the Fund's investments (including foreign currencies) for which the primary market is outside the United States, and such cash and cash equivalents as are reasonably necessary to effect the Fund's transactions in such investments.

  • Foreign Subsidiary Voting Stock the voting Capital Stock of any Foreign Subsidiary.

  • Domestic Shares ’ means the domestic invested shares in the share capital of the Company with a par value of RMB1.00 each, which are subscribed for in Renminbi (‘‘RMB’’) by PRC investors;