Company Pledge definition

Company Pledge means that certain MIG Pledge Agreement, dated as of the Issue Date, made by the Company in favor of the Collateral Agent, pledging all of its Capital Stock in ITC, as amended or supplemented from time to time in accordance with its terms and the terms hereof.
Company Pledge shall have the meaning ascribed thereto in Section 2.1(xii).
Company Pledge the meaning specified in paragraph (b) of Subsection 4.1.5.

Examples of Company Pledge in a sentence

  • Company is a party to the Company Guaranty, the Company Security Agreement, the Company Pledge Agreement, the Company Trademark Security Agreement, the Company Patent Security Agreement and the Collateral Account Agreement pursuant to which Company has (i) guarantied the Obligations and (ii) created liens in favor of Agent on certain Collateral to secure the Obligations and to secure its obligations under the Company Guaranty.

  • Within 60 days after the Effective Date, the Company shall have completed the perfection of security interests in the stock of Subsidiaries organized in a jurisdiction outside of the United States of America and listed in Annex 1 to the Company Pledge Agreement, Annex 1 to the Canadian Borrower Pledge Agreement or Annex 1 to the Subsidiary Pledge Agreement.

  • Except as contemplated by the Company Pledge Agreement and the Put Agreement, the Company shall not sell, offer for sale or otherwise transfer or dispose of the Class A Preferred Stock or any interest therein, unless pursuant to a registration or exemption from registration under the Securities Act and all applicable state securities laws then in effect.

  • Except as set forth in this Agreement, the Credit Agreement, the Put Agreement and the Company Pledge Agreement, the Company is not a party to any agreement, arrangement or understanding concerning the transfer of the Class A Preferred Stock or any interest therein to any other person or entity.

  • Company is a party to a Collateral Account Agreement and a certain Company Security Agreement, Company Pledge Agreement, Company Trademark Security Agreement and Mortgages pursuant to which Company has created Liens in favor of Administrative Agent on certain Collateral to secure the Obligations.

  • The Company Pledge Agreement and, with respect to any Subsidiary that as of the Effective Date has one or more Subsidiaries, a Subsidiary Pledge Agreement, in each case together with all stock certificates, stock powers and other items required to be delivered in connection therewith.

  • Delivery to Collateral Agent of certificates (which certificates shall be accompanied by irrevocable undated stock powers, duly endorsed in blank and otherwise satisfactory in form and substance to Collateral Agent) representing all capital stock pledged pursuant to the Company Pledge Agreement and the Subsidiary Pledge Agreements.

  • Delivery to Agents of accurate and complete schedules to the Company Pledge Agreement and the Subsidiary Pledge Agreement.

  • Company is a party to the Company Pledge Agreement, pursuant to which Company has created Liens in favor of Administrative Agent on certain Collateral to secure the Obligations.

  • This Agreement amends and restates the Amended and Restated Company Pledge Agreement dated as of August 7, 2013 (the “Existing Company Pledge Agreement”) between the Company and the Administrative Agent, as heretofore amended and supplemented.