Examples of Pledge and Guaranty Agreement in a sentence
All proceeds from the sale of other disposition of Collateral shall be applied as provided by the terms of the Security, Pledge and Guaranty Agreement, the Subordination Agreement and Section 4.1(c) above.
He, having described the Prime Minister as low-class,46 then accused him of making a deal with Angola and Portugal under which these countries were stealing São Tomé’s oil.47 From the stand- point of São-tomenses, the recent message that oil revenues are not just around the corner48 and the condescending (some might say overbearing) response of the outgoing Prime Minister, who had chosen Angola and Portugal as strategic partners, may have lent credence to Teotónio Torres’ words.
Except such as may have been filed in favor of the Lender as contemplated by the Collateral Documents, to Borrower’s knowledge, no effective UCC financing statement or other instrument similar in effect covering all or any part of the Collateral is on file in any filing or recording office, other than the UCC financing statement filed in connection with the Lien granted pursuant to the Existing Pledge and Guaranty Agreement.
The Equity Interests of OpCo held by SunPower YC Holdings are free and clear of any and all Liens other than Permitted Collateral Encumbrances and the Lien granted in favor of Crédit Agricole CIB, as collateral agent, by SunPower YC Holdings pursuant to the Existing Pledge and Guaranty Agreement.
Upon consummation of the transactions contemplated by the Merger Agreement, and the refinancing of Indebtedness under the OpCo Credit Agreement, the Borrower shall deliver to the Lender promptly upon receipt from the office of the Secretary of State of the State of Delaware a copy of the filed UCC termination statement terminating the Liens created under the Existing Pledge and Guaranty Agreement.
These shareholders are guarantying the obligations of the Company hereunder only to the extent of the shares pledged as collateral under the Pledge and Guaranty Agreement.
SunPower YC Holdings shall not, after the consummation of the transactions contemplated by the Merger Agreement and the refinancing of Indebtedness under the OpCo Credit Agreement, create or suffer to exist a Lien on the collateral or other assets that had been subject to the Liens created under the Existing Pledge and Guaranty Agreement.
This Note is secured under the Pledge and Guaranty Agreement (the “Pledge and Guaranty Agreement”) relating to 1,500,000 shares of fully paid and nonassessable shares of common stock of the Company (the “Common Stock”), among the Holder and certain shareholders of the Company of even date herewith and attached hereto as Exhibit B.
This Agreement shall become effective immediately upon the repayment of the Indebtedness under the OpCo Credit Agreement pursuant to Section 6.9(a) of the Merger Agreement and the occurrence of the Discharge Date under, and as defined in, the Existing Pledge and Guaranty Agreement (the “Pledge Effective Date”), automatically without the requirement for any further action by any party.
The Lender hereby consents to Amendment No. 10 to Credit, Security, Pledge and Guaranty Agreement, of even date herewith, among, inter alios, the Borrower, the Company and the JPM Administrative Agent (collectively, the “JPM Amendment”).