Examples of Dutch Deed of Pledge in a sentence
Dutch Deed of Pledge Under the terms of the Dutch Deed of Pledge, the Issuerhas granted to the Representative of the Noteholders a pledge over the Issuer's rights in respect of the Main Transaction Account and the Payments Account.See for further details "Description of the Transaction Documents - The Dutch Deed of Pledge".
In addition, security over certain rights of the Issuer arising out of certain Transaction Documents will be granted by the Issuer in favour of the Representative of the Noteholders pursuant to the Dutch Deed of Pledge, for the benefit of itself, the Noteholders and the Other Issuer Creditors.
The salary schedule for all Employees covered under this Agreement shall be set forth as in Schedule "A", which is attached hereto and made a part hereof.
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In the event of any inconsistency between the provisions of this Agreement, the Credit Agreement and/or any other Loan Document on the one hand and the Dutch Deed of Pledge on the other hand, the Dutch Deed of Pledge will prevail to the extent that such provisions deal with the FH Shares.
Any discharge of a Parallel Obligations (as defined in the Dutch Deed of Pledge of Shares), in full or in part, shall to the same extent decrease the obligations pursuant to the Principal Obligations (as defined in the Dutch Deed of Pledge of Shares) to which it corresponds.
In order to effect the pledge of (a) the shares of CDRJ Europe Holding Company, B.V. by JCI and (b) the shares of CDRJ Latin America Holding Company, B.V. by CDRJ North Atlantic (Lux) Sarl, a Deed of Pledge (the "Dutch Deed of Pledge") governed by the laws of The Netherlands will be executed and will be issued in favor of the Collateral Agent.
The Dutch Deed of Pledge when executed and delivered will create a valid and enforceable first priority pledge of the Pool Acquisition Shares.
Under the terms of the Dutch Deed of Pledge, the Issuer has granted to the Representative of the Noteholders a pledge over the Issuer's rights in respect of the Main Transaction Account, the Payments Account, the Cash Reserve Account and, if opened with the Dutch Account Bank, the Additional Cash Reserve Account.
At the Closing Time, all necessary notifications required under applicable law for the perfection of the pledges have been made as provided for in, and in accordance with, each of the Finnish Deed of Pledge and the Dutch Deed of Pledge and such pledges shall have been validly created and enforceable in favour of the Trustee for the benefit of the holders of the Securities, in each case, as provided in the respective agreement.