Pledge of Securities definition

Pledge of Securities. Guaranty over Securities established to ensure the performance of obligations assumed by the Brokerage Firm with or on behalf of the Customer. Circulars: General provisions issued by the CNBV or the Bank of Mexico according to the respective Securities and transactions. CNBV: Mexican National Banking and Securities Commission (Comision Nacional Bancaria y de Valores).
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Pledge of Securities. As additional security to ensure prompt payment and performance of all Obligations, Rudy C. Theale, Xx., xxe Chief Executive Officer of the Borrower, and Robert E. Turner, XX (xxxxxxxxxxxx, xxx "Xxxxxxxx"), xave each agreed to pledge his respective equity interest in the Borrower as more particularly set forth under the terms and conditions of the Pledge Agreement."
Sample 1
Pledge of Securities means the Pledge of Securities dated the date hereof by the Borrower as pledgor to the Bank as secured party, securing the Obligations, as the same may be extended, amended, supplemented or modified from time to time.
Sample 1

Examples of Pledge of Securities in a sentence

  • Other Defined Terms 1 ARTICLE II Pledge of Securities SECTION 2.01.

  • Other Defined Terms 2 ARTICLE II Pledge of Securities SECTION 2.01.

  • Other Defined Terms 1 ARTICLE II Pledge of Securities Section 2.01.

  • In the event that a Receiver fails to settle its Net Debit Balance, the Corporation shall resolve the obligations of the parties to the transaction pursuant to the Failure to Settle Procedure included in the Procedures, including but not limited to the obligation of Participants (i) to lend to the Corporation, secured by a Pledge of Securities, and (ii) to repurchase Securities from the Corporation, if so required.

  • The appeal was dismissed by the NCLAT on 4 December 2018, holding that the right of the Corporate Debtor‘s shareholders to vote on the initiation of the CIRP under Section 10 of the IBC was not curtailed by the Deed of Pledge of Securities dated28 March 2013 entered into between the Corporate Debtor, the second respondent and Power Finance Corporation Limited.

  • Notes Collateral Agent 6 ARTICLE II Pledge of Securities SECTION 2.01.

  • Second Ranking Pledge of Securities Account Agreement (2025 U.S. notes), together with the related statement of pledge; 14.

  • Strinden moved and Boehm seconded to approve the Pledge of Securities as presented by Treasurer Lippert.

  • Other Defined Terms 2 ARTICLE II Pledge of Securities 7 Section 2.01.

  • Other Defined Terms 1 ARTICLE 2 Pledge of Securities Section 2.01.

Related to Pledge of Securities

  • Series of Securities means each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof.

  • Series of Secured Debt means, severally, each Series of Priority Lien Debt and each Series of Parity Lien Debt.

  • holder of Securities “registered holder”, or other similar term, means the Person or Persons in whose name or names a particular Security is registered on the Security Register kept for that purpose in accordance with the terms of this Indenture.

  • Spin-Off Securities means equity share capital of an entity other than the Issuer or options, warrants or other rights to subscribe for or purchase equity share capital of an entity other than the Issuer.

  • other indenture securities means securities upon which the Company is an obligor outstanding under any other indenture (i) under which the Trustee is also trustee, (ii) which contains provisions substantially similar to the provisions of this Section, and (iii) under which a default exists at the time of the apportionment of the funds and property held in such special account.

  • Breach of Security means the occurrence of unauthorised access to or use of the Premises, the Services, the Contractor system or any ICT or data (including the Authority’s Data) used by the Authority or the Contractor in connection with this Contract.

  • Subsidiary Guarantees means the guarantees of each Subsidiary Guarantor as provided in Article Thirteen.

  • indenture securityholder means a Holder or Securityholder.

  • Holders of Secured Obligations means the holders of the Obligations from time to time and shall include (i) each Lender and each Issuing Bank in respect of its Loans and LC Exposure, (ii) the Administrative Agent and the Lenders in respect of all other present and future obligations and liabilities of the Borrower and each Subsidiary of every type and description arising under or in connection with the Credit Agreement or any other Credit Document, (iii) each Lender and each Affiliate of such Lender, in each case in respect of Hedging Agreements and Banking Services Agreements entered into with such Person by the Borrower or any Subsidiary, (iv) each indemnified party under Section 9.03 in respect of the obligations and liabilities of the Borrower to such Person hereunder and under the other Credit Documents, and (v) their respective successors and (in the case of a Lender, permitted) transferees and assigns.

  • Discharge of Second Lien Obligations means the occurrence of all of the following:

  • obligor on the indenture securities means the Issuer, the Guarantors or any other obligor on the Notes. All other terms used in this Indenture that are defined by the TIA, defined in the TIA by reference to another statute or defined by SEC rule have the meanings therein assigned to them.

  • on the indenture securities means the Issuer and any other obligor on the indenture securities. All other TIA terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by Commission rule have the meaning assigned to them by such definitions.

  • Debt Securities has the meaning stated in the first recital of this Indenture and more particularly means any Debt Securities authenticated and delivered under this Indenture.

  • indenture securities means the Securities.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Guarantee of the Notes means the guarantee of the Notes given by the Guarantor in the Deed of Guarantee;

  • Maximum Number of Securities shall have the meaning given in subsection 2.1.4.

  • Agency or instrumentality of the government of Venezuela means an agency or instrumentality of a foreign state as defined in section

  • 2024 Notes means the 7.000% Senior Notes due 2024, issued pursuant to the 2024 Indenture.

  • Insolvency or Liquidation Proceeding means, with respect to any Person, any liquidation, dissolution or winding up of such Person, or any bankruptcy, reorganization, insolvency, receivership or similar proceeding with respect to such Person, whether voluntary or involuntary.

  • Senior Subordinated Indenture means the Indenture, dated as of August 30, 2007, among the Company, the subsidiary guarantors party thereto from time to time and Xxxxx Fargo Bank, National Association, as trustee, governing the 13.5% Senior Subordinated Notes due 2015 of the Company, as the same may be amended, supplemented, waived or otherwise modified from time to time.

  • Indenture Secured Parties means the Noteholders.

  • 2026 Notes means those certain 3.850% Senior Notes due 2026, issued by the Company pursuant to the 2026 Notes Indenture, in an aggregate original principal amount of $300.0 million.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit I, made by the Subsidiary Guarantors in favor of the Collateral Agent for the benefit of the Secured Parties.

  • Permitted Cure Securities means any equity securities of the Borrower, Holdings or any Parent Entity issued pursuant to the Cure Right other than Disqualified Stock.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.