Existing Pledge definition

Existing Pledge means that certain Pledge Agreement, dated as of March 11, 2015, by and among Minera del Norte S.A. de C.V., the Company and Oceanica.

Existing Pledge means the deed of pledge entered into by the Company, the Pledgee and the Account Bank on or around September 2004 in relation to the Existing Facility.

Existing Pledge means that certain Pledge Agreement, dated as of March 11, 2015, by and among the Lender, the Company and Oceanica.

Examples of Existing Pledge in a sentence

• Pledgors will also pay, and will hold the Pledgee harmless from, any and all liabilities with respect to, or resulting from any delay in paying, any and all stamps, excise, sales or other taxes or assessments which may be payable or determined to be payable with respect to any of the Collateral or in connection with any of the transactions contemplated by this Agreement or the Existing Pledge Agreement or the Note.

• As of the date hereof, the Existing Pledge Agreement shall be amended, restated and superseded and replaced in its entirety by this Pledge Agreement.

• This Pledge Agreement shall constitute an amendment and restatement of all of the terms and conditions of the Existing Pledge Agreement.

• This Agreement amends and restates the Existing Pledge Agreement in its entirety, and this Agreement contains the sole and entire agreement between the Company and the Pledgor with respect to the subject matter hereof and thereof and supersedes all prior or contemporaneous arrangements or understandings with respect hereto or thereto.

• This Agreement is not intended as, and shall not be construed as, a release or novation of any Lien granted pursuant to the Existing Pledge Agreement.

More Definitions of Existing Pledge

Existing Pledge means a Bond (Floating Charge) issued by the Company in favor of Bank HaPoalim BM on July 24, 2005, granting Bank HaPoalim BM an unsubordinated floating charge over all of the Company’s assets and properties.

Existing Pledge means the pledge granted by the Guarantor in favour of various lenders or financial institutions in respect of certain existing Group financing agreements over 35 per cent. of the shares in the Company existing as of the date of this Deed.

Existing Pledge means the pledge over the shares in Fastighets AB Bodarne 11, Reg. No. 556685-8097, which are currently pledged to the Agent on its own behalf and in its capacity as agent as security for the Issuer´s obligations under the Existing Market Loan.

Existing Pledge has the meaning ascribed thereto in Section 2 of this Agreement.

Existing Pledge means the Pledge Agreement dated July 31, 1989 between the Borrower and Xxxxxx Guaranty Trust Company of New York, as Pledge Agent, as amended, and the Lien on the Pledged Stock and any Proceeds thereof created pursuant thereto.

Existing Pledge means that certain Pledge Agreement, dated as of March 11, 2015, by and among the Lender, the Company and Oceanica. “Governmental Agency” means any: (x) multinational, federal, state, regional, municipal, local or other government, governmental or public

Existing Pledge means the existing pledge created over 42,530,800 (Forty Two Million and Five Hundred and Thirty Thousand Eight Hundred) Equity Shares held by Promoter 2 in favour of the Company’s creditors;