Parent Stock Pledge Agreement definition

Parent Stock Pledge Agreement means that certain Second Amended and Restated Stock Pledge Agreement, dated of even date herewith, by Parent in favor of Agent, for itself and the ratable benefit of the Lenders and the Bank Product Providers, with respect to the pledge of 100% of the Capital Stock of Xxxxxx, Lernco and Nevada Factoring owned by Parent, as the same may be amended, modified or supplemented from time to time.
Parent Stock Pledge Agreement means a stock pledge agreement, in form and substance satisfactory to Lender, executed and delivered by Parent to Lender with respect to the pledge of the Stock owned by Parent in Borrower.
Parent Stock Pledge Agreement the Stock Pledge Agreement to be executed and delivered by the Parent, substantially in the form of Exhibit D-1, as the same may be amended, supplemented or otherwise modified from time to time.

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.


More Definitions of Parent Stock Pledge Agreement

Parent Stock Pledge Agreement means a stock pledge agreement, in form and substance satisfactory to Lender in the exercise of its Permitted Discretion, executed and delivered by Seitel Holdings with respect to Seitel Holdings’ equity ownership in Parent.
Parent Stock Pledge Agreement means that certain Stock Pledge Agreement (RDM Sports Group, Inc.) of even date by and between RDM and Agent, in form and substance satisfactory to Agent.
Parent Stock Pledge Agreement the Amended and Restated Stock Pledge Agreement dated April 9, 1996, to be effective as of April 12, 1996, substantially in the form of Exhibit D-1, as the same may be amended, supplemented or otherwise modified from time to time.
Parent Stock Pledge Agreement means a Stock Pledge Agreement executed and delivered by Parent to Agent with respect to the pledge of the capital Stock of Borrower, the form and substance of which is satisfactory to Agent.

Related to Parent Stock Pledge Agreement

  • 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.

  • Stock Pledge Agreements means one or more stock pledge agreements, in form and substance satisfactory to Agent, executed and delivered by Borrower and the Guarantors to Agent.

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

  • U.S. Pledge Agreement shall have the meaning provided in Section 6.01(f).

  • Holdings Pledge Agreement means the Pledge Agreement of even date herewith executed by Holdings in favor of Agent, on behalf of itself and Lenders, pledging all Stock of Borrower.

  • 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.

  • Equity Pledge Agreement means that certain Equity Pledge Agreement, dated as of the Closing Date, by and between the Equityholder and the Collateral Agent.

  • Foreign Pledge Agreement means a pledge or charge agreement granting a Lien on Equity Interests in a Foreign Subsidiary to secure the Secured Obligations, governed by the law of the jurisdiction of organization of such Foreign Subsidiary and 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.

  • Canadian Pledge Agreement means a pledge agreement, in form and substance reasonably satisfactory to the Administrative Agent, executed by the Borrower and each Guarantor that is a Canadian Subsidiary, pursuant to which each such Person pledges to the Collateral Agent all of its right, title and interest in and to all Stock of each Subsidiary in which it has an interest, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Pledge Agreements means the Holdings Pledge Agreement, the Borrower Pledge Agreement and any other pledge agreement entered into after the Closing Date by any Credit Party (as required by the Agreement or any other Loan Document).

  • Foreign Pledge Agreements means, collectively those certain pledge agreements among the Borrower Parties, or any of them, and the Agent for the benefit of the Agent and the other Lenders pursuant to which one or more Borrower Parties may pledge up to and including sixty-five percent (65%) of the equity interests of directly-owned Foreign Subsidiaries.

  • 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.

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

  • Negative Pledge Agreement means the Negative Pledge Agreement, in the form of Exhibit A hereto, by and between the Borrower and the Administrative Agent for the benefit of the Lenders, as amended, supplemented, modified, extended or restated from time to time, pursuant to which the Borrower shall agree not to pledge or xxxxx x xxxx on the stock of any Bank Subsidiary to any Person.

  • Borrower Pledge Agreement means the Pledge Agreement of even date herewith executed by Borrower in favor of Agent, on behalf of itself and Lenders, pledging all Stock of its Subsidiaries, if any, and all Intercompany Notes owing to or held by it.

  • 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.

  • 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.

  • Stockholder Agreement means the Stockholder Agreement, dated as of August 29, 2003, among the Company and its stockholders, as amended and in effect from time to time.

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

  • Shareholder Agreement has the meaning set forth in the Recitals.

  • Restricted Stock Purchase Agreement means a written agreement between the Company and the Optionee evidencing the terms and restrictions applying to stock purchased under a Stock Purchase Right. The Restricted Stock Purchase Agreement is subject to the terms and conditions of the Plan and the Notice of Grant.

  • 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.

  • unanimous shareholder agreement means either: (i) a lawful written agreement among all the shareholders of the Corporation, or among all the shareholders and one or more persons who are not shareholders; or (ii) a written declaration of the registered owner of all of the issued shares of the Corporation; in each case, that restricts, in whole or in part, the powers of the directors to manage, or supervise the management of the business and affairs of the Corporation, as from time to time amended.

  • Shareholder Agreements has the meaning set forth in the recitals to this Agreement.

  • Pledge Holder The entity which issued a Letter of Credit.