Limited Recourse Pledge Agreement definition

Limited Recourse Pledge Agreement means the Second Lien Limited Recourse Guaranty and Pledge Agreement, substantially in the form of Exhibit Q hereto, executed by each Lighthouse Common Equity Holder and the Administrative Agent for the benefit of the Secured Parties, as supplemented by any Limited Recourse Pledge Agreement Joinder Agreement in accordance with the terms of Section 5.12(c) hereof.
Sample 1
Limited Recourse Pledge Agreement each Limited Recourse Guarantee and Pledge Agreement by and between the Limited Recourse Pledgors and the Administrative Agent.
Sample 1
Limited Recourse Pledge Agreement means a Limited Recourse Pledge Agreement made by the Parent, as Limited Recourse Pledgor, in favor of the Collateral Agent for the benefit of the Secured Parties, substantially in the form of Exhibit N.
Sample 1

Examples of Limited Recourse Pledge Agreement in a sentence

  • This Agreement shall be deemed to be continuing in nature and shall remain in full force and effect and shall survive the exercise of any remedy by the Administrative Agent or the Collateral Agent under the Limited Recourse Pledge Agreement, the Security Agreement or any of the other Loan Documents.

  • If any Pledgor party to the Limited Recourse Pledge Agreement acquires certificated Securities during the fourth Fiscal Quarter of any Fiscal Year, the documents and deliverables required under Section 5.02(a) of the Limited Recourse Pledge Agreement must be delivered within 60 days after the end of such Fiscal Quarter.

  • Ensure that all Capital Stock of Borrower is subject to a perfected, first priority Lien in favor of the Administrative Agent pursuant to a Limited Recourse Pledge Agreement.

  • Execute any further instruments and take such further action as the Administrative Agent reasonably deems necessary to perfect, protect, ensure the priority of or continue the Administrative Agent’s Lien on the Collateral or collateral pledged pursuant to any Limited Recourse Pledge Agreement or to effect the purposes of this Agreement.

  • Xxxxxxx Title: President and Chief Executive Officer ActiveUS 172437213v.1 XXXX XX LLC, as Pledgee By: /s/ Xxxxxx Rubinstein_____________________ Name: Xxxxxx Xxxxxxxxxx Title: Authorized Signatory [Signature Page to Limited Recourse Pledge Agreement] ActiveUS 172437213v.1 Schedule 1 DESCRIPTION OF INVESTMENT PROPERTY Pledged Stock: Issuer Holder Class ofStock StockCertificate No. No. of Shares Curis Royalty, LLC Curis, Inc.

  • All Stock of the Borrower and Xxxxxx Xxxxx 0, respectively, and 66% of the Stock of Cinedigm Australia shall have been pledged pursuant to the Limited Recourse Pledge Agreement and all Stock of Access shall have been pledged pursuant to the Security Agreement, and the Collateral Agent shall have received all certificates representing such Stock of (and all such Stock of any Loan Party shall be certificated) accompanied by instruments of transfer and undated stock powers executed in blank.

  • Facsimile No.: (000) 000-0000 Signature Page to Limited Recourse Pledge Agreement ACCEPTED AND AGREED as of the date first above written: PROSPECT CAPITAL CORPORATION, as Collateral Agent By: /s/ X.

  • Xxxxx Xxxxxxx Title: President and Chief Operating Officer Signature Page to Limited Recourse Pledge Agreement SCHEDULE 1 PLEDGED STOCK Pledgor Issuer Class of Stock Stock Certificate Numbers Percentage of Stock Owned/ Percentage of Stock Pledged Cinedigm Digital Cinema Corp.

  • Execute any further instruments and take such further action as the Administrative Agent reasonably deems necessary to perfect, protect, ensure the priority of or continue the Administrative Agent's Lien on the Collateral or collateral pledged pursuant to any Limited Recourse Pledge Agreement or to effect the purposes of this Agreement.

  • The Security Agreement and the Limited Recourse Pledge Agreement are effective to create in favor of the Collateral Agent, for the benefit of the Secured Parties, a legal, valid and enforceable first priority security interest in the Collateral (subject to Permitted Liens, other than with respect to any Pledged Stock) described therein and proceeds thereof.


More Definitions of Limited Recourse Pledge Agreement

Limited Recourse Pledge Agreement means the First Lienany Limited Recourse Guaranty and Pledge Agreement, substantially in the form of Exhibit Q heretoin form and substance reasonably satisfactory to the Administrative Agent (it being understood and agreed that the form attached as Exhibit Q to this Agreement, as in effect immediately prior to the Fourth Amendment Effective Date, is satisfactory to the Administrative Agent), executed by eacha Lighthouse Common Equity Holder and the Administrative Agent for the benefit of the Secured Parties, as supplemented by any Limited Recourse Pledge Agreement Joinder Agreement in accordance with the terms of Section 5.12(c) hereof.pursuant to which the Lighthouse Common Units held by such Lighthouse Common Equity Holder shall be pledged as Collateral for the benefit of the Secured Parties for so long as the Borrower is Privately Held.
Sample 1

Related to Limited Recourse Pledge Agreement

  • U.S. Pledge Agreement means the pledge agreement substantially in the form of Exhibit 1.01C (it being understood that the pledgors party thereto and schedules thereto shall be reasonably satisfactory to the Administrative Agent), given by the Domestic Credit Parties, as pledgors, to the Collateral Agent to secure the Obligations, and any other pledge agreements that may be given by any Person pursuant to the terms hereof, in each case as the same may be amended and modified from time to time.

  • Borrower Pledge Agreement means the Pledge Agreement executed and delivered by the Borrower pursuant to Section 5.1.5, substantially in the form of Exhibit F-1 hereto, as amended, supplemented, restated or otherwise modified from time to time.

  • Stock Pledge Agreement means a stock pledge agreement, in form and substance satisfactory to Agent, executed and delivered by each Borrower that owns Stock of a Subsidiary of Parent.

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

  • Negative Pledge Agreement means an agreement in the form of Exhibit H.

  • Foreign Pledge Agreement means a pledge or charge agreement with respect to the Collateral that constitutes Equity Interests of a Foreign Subsidiary, in form and substance reasonably satisfactory to the Administrative Agent.

  • Share Pledge Agreement has the meaning given such term in the definition of Collateral and Guaranty Requirements.

  • Parent Pledge Agreement means that certain Pledge Agreement, dated of the date hereof, made by Parent in favor of Agent.

  • Stock Pledge Agreements means each Stock Pledge Agreement of the Borrower and any of its Subsidiaries in substantially the form of Exhibit 4.1B, as amended, restated or supplemented from time to time.

  • Company Pledge Agreement means the Company Pledge Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit XIII annexed hereto, as such Company Pledge Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • Pledge Agreement means the pledge agreement dated as of the Closing Date executed in favor of the Administrative Agent, for the benefit of the holders of the Obligations, by each of the Loan Parties, as amended or modified from time to time in accordance with the terms hereof.

  • Canadian Pledge Agreement means a pledge agreement in a form to be agreed upon, and to be executed in favor of the Canadian Administrative Agent, for the benefit of the holders of the Canadian Borrower Obligations, by the Canadian Borrower and each Canadian Guarantor, as amended or modified from time to time in accordance with the terms hereof.

  • Equity Pledge Agreement means the Equity Pledge Agreement, dated as of May 15, 2018, among the Company, as pledgor, and the Collateral Agent, as security agent, pursuant to which the Company pledges all of its rights, title and interest in the equity interests in the Permitted Subsidiary to the Collateral Agent, for the benefit of the Secured Parties.

  • Limited Recourse means a letter of credit, revolving loan commitment, cash collateral account, guarantee or other credit enhancement issued by the Issuer or any of its Restricted Subsidiaries (other than a Receivables Subsidiary) in connection with the incurrence of Indebtedness by a Receivables Subsidiary under a Qualified Receivables Financing; provided that, the aggregate amount of such letter of credit reimbursement obligations and the aggregate available amount of such revolving loan commitments, cash collateral accounts, guarantees or other such credit enhancements of the Issuer and its Restricted Subsidiaries (other than a Receivables Subsidiary) shall not exceed 25% of the principal amount of such Indebtedness at any time.

  • Credit Support Pledge Agreement The Credit Support Pledge Agreement, dated as of November 24, 1998, among the Master Servicer, GMAC Mortgage Corporation, Combined Collateral LLC and The First National Bank of Chicago (now known as Bank One, National Association), as custodian.

  • Pledge Agreements means the pledge agreements, share mortgages, charges and comparable instruments and documents from time to time executed pursuant to the terms of Section 5.10 in favor of the Administrative Agent for the benefit of the Holders of Secured Obligations as amended, restated, supplemented or otherwise modified from time to time.

  • Security and Pledge Agreement shall have the meaning set forth in Section 4.01(c).

  • Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent in respect of a first priority pledge over the Escrow Account and all funds held on the Escrow Account from time to time, granted in favour of the Noteholders.

  • Limited Recourse Indebtedness means with respect to any Person, Indebtedness to the extent: (i) such Person (A) provides no credit support of any kind (including any undertaking, agreement or instrument that would constitute Indebtedness), (B) is not directly or indirectly liable as a guarantor or otherwise or (C) does not constitute the lender; and (ii) no default with respect thereto would permit upon notice, lapse of time or both any holder of any other Indebtedness (other than the Loans or the Notes) of such Person to declare a default on such other Indebtedness or cause the payment thereof to be accelerated or payable prior to its stated maturity.

  • Proceeds Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent on or prior to the First Issue Date in respect of a first priority pledge over the Proceeds Account and all funds held on the Proceeds Account from time to time, granted in favour of the Agent and the Bondholders (represented by the Agent).

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • VA Loan Guaranty Agreement means the obligation of the United States to pay a specific percentage of a Mortgage Loan (subject to a maximum amount) upon default of the Mortgagor pursuant to the Servicemen’s Readjustment Act, as amended.

  • Subsidiary Pledge Agreement means the Subsidiary Pledge Agreement, in substantially the form attached as Exhibit P hereto, by and among the Subsidiary Guarantors and the Agent for the benefit of the Secured Parties.

  • Pledge Agreement Supplement means, with respect to each Pledge Agreement, the Pledge Agreement Supplement in the form affixed as an Exhibit to such Pledge Agreement.