Pledge definition

Pledge shall have the meaning assigned to such term in Section 14(c).

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Pledge shall have the meaning assigned to such term in Section 19(e).

Pledge shall have the meaning set forth in Section 11.3.A.

Examples of Pledge in a sentence

CPS owns beneficially and of record 100% of the Class A membership interests in the Borrower free and clear of all Liens (other than the Lien granted to the Collateral Agent under the Pledge Agreement), and TFC Enterprises LLC beneficially and of record 100% of the Class B membership interests in the Borrower free and clear of all Liens.
CPS shall not grant or otherwise create any Lien on the Class A Member Interests (as defined in the LLC Agreement) in the Borrower (or any other equity interest in the Borrower, including the Class B Member Interest) without the prior written consent of the Administrative Agent (other than the Lien granted to the Collateral Agent under the Pledge Agreement).
The Pledge Agreement is effective to create a valid and enforceable Lien on the Pledged LLC Interests in favor of the Collateral Agent.
CPS owns beneficially and of record (i) 100% of the Class A membership interests in the Borrower free and clear of all Liens (other than the Lien granted to the Collateral Agent under the Pledge Agreement), and (ii) 100% of the membership interests in TFC Enterprises LLC free and clear of all Liens, which owns beneficially and of record 100% of the Class B membership interests in the Borrower free and clear of all Liens.
CPS shall own beneficially and of record 100% of the Class A Member Interests (as defined in the LLC Agreement) of the Borrower free and clear of all Liens (other than the Lien granted to the Collateral Agent under the Pledge Agreement).

More Definitions of Pledge

Pledge means the full content of Section 2 hereunder.

Pledge means the lien and security interest created by this Agreement.

Pledge shall refer to the security interest granted by Pledgor to Pledgee pursuant to Article 2 of this Agreement, i.e., the right of Pledgee to be compensated on a preferential basis with the conversion, auction or sales price of the Equity Interest.

Pledge has the meaning specified in Section 2.1 hereof.

Pledge and “Pledges” have the meanings given to such terms in Clause 2.1.

Pledge means the pledge of any Eligible Loan Asset or other Portfolio Asset pursuant to Article II.

Pledge means the pledge under the Collateral Agreement of Notes or Qualifying Treasury Securities, as the case may be.