Initial Pledgors definition

Initial Pledgors means each of the Subsidiaries listed on Schedule 1.4.
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Initial Pledgors means each of the Subsidiaries listed on Schedule 1.4. “Initial Term Loan” is defined in Section 2.2(a).
Sample 1

Examples of Initial Pledgors in a sentence

  • The Initial Pledgors are hereby authorized to sell, transfer and assign their rights and interest in the Pledged Collateral to the Subsequent Pledgor, provided that the Pledged Collateral shall remain continuing security for the Secured Obligations and that, prior to such sale, transfer and assignment the Subsequent Pledgor shall have reaffirmed the effectiveness of this agreement and security interest granted hereunder with respect to such assigned Pledged Collateral.

  • Such shares of common stock may, in accordance ---- with the terms of Article 6 hereof, be transferred to LEHA ("Subsequent ---------- Pledgor") and, together with the Initial Pledgors, Xxx Lernout and Pol ------- Hauspie the "Pledgors").

  • Such shares of common stock may, in accordance ---- with the terms of Article 8 hereof, be transferred to LEHA ("Subsequent ---------- Pledgor" and, together with the Initial Pledgors, Jo Lernout and Pol ------- Hauspie, the "Pledgors").

  • PLEDGORS: [___], a [___], as a Pledgor By:____________________________Name:____________________________Title:____________________________ [___], a [___], as a Pledgor By:____________________________Name:____________________________Title:____________________________ COLLATERAL AGENT: KEYBANK NATIONAL ASSOCIATION, as Collateral Agent By: ___________________________ Name: Title: SCHEDULE I Initial Pledgors 1.

  • No provision of this Agreement may be waived other than by an instrument in writing signed by the party to be charged with enforcement and no provision of this Agreement may be amended other than by an instrument in writing signed by the Initial Pledgors or the Subsequent Pledgor (as the case may be) and the Purchaser.

Related to Initial Pledgors

  • Initial Pledged Shares means, collectively, with respect to each Pledgor, the issued and outstanding shares of capital stock of each issuer described in Schedule 11 annexed to the Perfection Certificate together with all rights, privileges, authority and powers of such Pledgor relating to such interests in each such issuer or under any Organizational Document of each such issuer, and the certificates, instruments and agreements representing such shares of capital stock and any and all interest of such Pledgor in the entries on the books of any financial intermediary pertaining to the Initial Pledged Shares.

  • Pledgors means the Vehicle Trust, BMW LP and the Transferor.

  • Initial Guarantors shall have the meaning set forth in the preamble.

  • Foreign Guarantors means and includes each Foreign Borrower and each Foreign Subsidiary Guarantor.

  • Initial Borrower has the meaning set forth in the preamble hereto.

  • Parent Guarantors means, (i) Parent, (ii) Holding, (iii) JBS Global Luxembourg S.à x.x., (iv)

  • Additional Pledged Collateral means any Pledged Collateral acquired by any Grantor after the date hereof and in which a security interest is granted pursuant to Section 2.2 (Grant of Security Interest in Collateral), including, to the extent a security interest is granted therein pursuant to Section 2.2 (

  • Original Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Additional Guarantors shall have the meaning assigned to such term in the Preamble hereof.

  • Subsidiary Pledgor or a "Pledgor" in the Pledge Agreement shall be deemed to include the New Pledgor. The Pledge Agreement is hereby incorporated herein by reference.

  • Luxco is defined in the Preamble.

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Subsidiary Pledge Agreement means the Pledge Agreement executed and delivered by an Authorized Officer of each Subsidiary of the Borrower that is not a Foreign Subsidiary pursuant to Section 7.1.7, substantially in the form of Exhibit G-3 hereto, as amended, supplemented, amended and restated or otherwise modified from time to time.

  • Holdings Pledge Agreement means the Holdings Pledge Agreement, dated as of the Closing Date, among Holdings and the Collateral Agent.

  • Second Lien Security Agreement means the Second Lien Security Agreement, dated as of the date hereof, among the Initial Borrower, the Parent Borrower, certain Subsidiaries of the Parent Borrower from time to time party thereto and the Second Lien Notes Collateral Agent, as amended, restated, waived, restructured, renewed, extended, supplemented or otherwise modified from time to time or as replaced in connection with any Refinancing, extension, refunding or replacement of the Second Lien Notes Indenture.

  • Non-Guarantor Subsidiaries means, as of any date of determination, a collective reference to:

  • Guarantors means each of:

  • Canadian Guarantors means and include each Canadian Borrower (in its capacity as a guarantor under the Canadian Guarantee) and each Canadian Subsidiary Guarantor.

  • Additional Grantors shall have the meaning assigned in Section 5.3.

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

  • Additional First Lien Secured Party means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties.

  • Shares Pledge means the first priority pledge of the shares of and in each Owner required to be executed at any time under clause 8.1.19 by the Shareholder in favour of the Security Trustee and/or a Lender in such form as the Agent and the Majority Lenders may require in their sole discretion and in the plural means all of them;

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Parent Guarantor has the meaning specified in the recital of parties to this Agreement.

  • Subsidiary Guarantors means (i) the subsidiaries listed in Schedule I hereto; (ii) any successor of the foregoing; and (iii) each other Subsidiary of the Company that becomes a Subsidiary Guarantor in accordance with Section 1305 hereof, in each case (i), (ii) and (iii) until such Subsidiary Guarantor ceases to be such in accordance with Section 1304 hereof.