Examples of Parent Stock Pledge Agreement in a sentence
The Obligations of the Companies under this Agreement and the Company Guaranties shall be secured by the Security Agreement and the Trademark Security Agreement and the obligations of the Parent under the Parent Guaranty shall be secured by the Parent Stock Pledge Agreement.
Xxxxxxx Title: Executive Vice President and Chief Financial Officer Direct Parent Stock Pledge Agreement XXXXXXX SACHS CREDIT PARTNERS L.P., as Administrative Agent Authorized Signatory: /s/ Xxxxxxx X.
Collectively, (a) the Parent Stock Pledge Agreement and (b) the Stock Pledge Agreement between W.C. of Washington and the Agent, pursuant to which 100% of the stock of W.C. International is pledged to the Agent for the benefit of the Banks, each to be dated as of the Closing Date, as amended and in effect from time to time.
Pursuant to the Parent Stock Pledge Agreement, the Guarantor is pledging to the Agent, for the benefit of the Banks and the Agent, all the shares of the capital stock of the Borrower.
Reference is made to a certain (i) Parent Stock Pledge Agreement dated July 20, 1999 (herein called "Parent Pledge Agreement"), among Long Distance International Inc., a Florida corporation (herein called "the Company"), and Fredxxxxx XxXxxx, xx collateral agent for the ratable benefit of himself and the Lenders to the Term Loan Agreement ("DeLuxx"); and (ii) Stock Pledge Agreement dated July 20, 1999 (herein called "Sub Pledge Agreement") among LDI Acquisition Sub Inc.
The Borrower Stock Pledge Agreement and the Parent Stock Pledge Agreement.
The Parent hereby pledges, assigns, grants a security interest in, and delivers to the Agent for the benefit of the Banks and the Agent all of the Parent's shares of capital stock of Madera listed on Annex A attached hereto, and Madera hereby agrees to be bound by the applicable provisions of the Parent Stock Pledge Agreement.
Collectively, (a) the Parent Stock Pledge Agreement, and (b) the Amended and Restated Stock Pledge Agreement between Currx xxx the Agent, pursuant to which 100% of the stock of Oregon Waste is pledged to the Agent for the benefit of the Banks, each to be dated as of the Closing Date, as amended and in effect from time to time.
The Company shall execute -------------------- and deliver to the Agent for the benefit of the Lenders all loan documents necessary to consummate the lending arrangement contemplated between the Company and the Lenders, including, without limitation, the Fee Letter, the Suretyship Agreement, the Company Stock Pledge Agreement, the Guaranty, and the Parent Stock Pledge Agreement (collectively, the "Additional Documents").
The Administrative Agent shall have received for the benefit of the Lenders the certificates representing the shares pledged pursuant to any other Stock Pledge Agreement, other than the Parent Stock Pledge Agreement required to be delivered by this Agreement on the Merger Borrowing Date, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof.