Guarantor Pledge Agreement definition

Guarantor Pledge Agreement means the Pledge Agreement substantially in the form of Exhibit F-2 hereto, as amended, supplemented, restated or otherwise modified from time to time.

Guarantor Pledge Agreement means the Pledge Agreement in favor of Agent to be made by the Guarantors in substantially the form of Exhibit F-2, and to be entered into by additional Domestic Material Subsidiaries from time to time thereafter in accordance with this Agreement.

Guarantor Pledge Agreement is defined in Section 5.1.18.

Examples of Guarantor Pledge Agreement in a sentence

• The Agent shall have received executed counterparts of the Borrower Pledge Agreement and the Guarantor Pledge Agreement, each dated as of the date hereof, duly executed by each Credit Party party thereto, together with stock certificates, accompanied by undated stock powers duly executed in blank, and promissory notes, duly endorsed in blank, required to be delivered to the Agent pursuant to the Borrower Pledge Agreement and the Guarantor Pledge Agreement.

• The Lenders hereby approve the forms of the Subsidiary Guarantor Pledge Agreement and the Collateral Agreement and authorize the Administrative Agent and the Collateral Agent (i) to enter into the same on their behalf and (ii) to perform their duties and obligations and to exercise their rights and remedies thereunder.

• Once executed and delivered, and until terminated in accordance with the terms thereof, the Pledge Agreement and the Guarantor Pledge Agreement create, as security for the obligations purported to be secured thereby, a valid and enforceable first priority Lien on all of the Pledge Agreement Collateral and Guarantor Pledge Agreement Collateral subject thereto from time to time, superior to and prior to the rights of all third Persons in favor of the Administrative Agent, for the benefit of the Lenders.

• The Lien of the Borrower Pledge Agreement and the Guarantor Pledge Agreement constitutes a perfected, first priority security interest in all right, title and interest of the Credit Party thereto in the Pledged Collateral described therein, prior and superior to all other Liens and interests, provided the Agent maintains possession of the Pledged Collateral for the term of each such Borrower Pledge Agreement or Guarantor Pledge Agreement, as applicable.

• No filings or recordings are required in order to perfect the security interests created under the Pledge Agreement and the Guarantor Pledge Agreement except for such filings as have been made, or provided for to the satisfaction of Administrative Agent, at the time of the execution and delivery thereof.

More Definitions of Guarantor Pledge Agreement

Guarantor Pledge Agreement means the Amended and Restated Guarantor Pledge Agreement dated as of October 15, 1997 between each Guarantor party thereto and the Agent, as amended from time to time.

Guarantor Pledge Agreement means the Amended and Restated Pledge -------------------------- Agreement executed and delivered by each Credit Party to the Guaranty pursuant to Section 5.1.5, substantially in the form of Exhibit F-2 hereto, as amended, ------------- ----------- supplemented, restated or otherwise modified from time to time.

Guarantor Pledge Agreement means that certain Guarantor Pledge and Security Agreement made by each Guarantor in favor of Agent for the benefit of Lender, as the same may be amended, modified or supplemented from time to time.

Guarantor Pledge Agreement means the pledge agreement, in form and substance satisfactory to the Security Agent, pursuant to which the Guarantor has pledged 100 per cent of its shares in the Borrower, for the benefit of the Security Agent (on behalf of the Finance Parties) as security, amongst other things, for the discharge of the Secured Liabilities;

Guarantor Pledge Agreement has the meaning assigned thereto in the Loan Agreement.

Guarantor Pledge Agreement means the Amended and Restated Guarantor Pledge Agreement, dated as of the date hereof, between the Guarantor and the Agent, for the benefit of the Lenders, in form and substance satisfactory to the Lenders, pursuant to which the Guarantor pledges all the outstanding stock of the Borrower as security for its guaranty obligations, together with any amendments, modifications and supplements thereto, any replacements, renewals, extensions and restatements thereof, and any substitutes therefor, in whole or in part.

Guarantor Pledge Agreement means that certain Stock and Notes Pledge Agreement (Guarantors), dated as of October 31, 1997, executed by each Guarantor in favor of the Agent, as amended by the First Amendment to Stock and Notes Pledge Agreement (Guarantors), dated as of the date hereof, and as hereafter amended, restated, supplemented or otherwise modified from time to time.