Examples of Pledged Borrower Stock in a sentence
Geography ClassificationMost geography codes are derived from the physical location address reported in Census Bureau programs.
The capital stock of the Borrower as identified on Exhibit A hereto is hereby pledged (the "PLEDGED BORROWER STOCK") and, if any certificate evidences the Pledged Borrower Stock, it shall be held by the Secured Party, together with an assignment of the Pledged Borrower Stock duly executed in blank, until the Note is paid in full and all Obligations are satisfied.
Notwithstanding the foregoing, prior to the occurrence of any default in the payment or performance of Pledgor of the Obligations, subject to all applicable grace or cure periods, Pledgor shall not be required to cause any of the Pledged Borrower Stock to be registered on the books and records of the Borrower in the name of the Secured Party.
The Pledgor is and shall be the record owner of the Pledged Borrower Stock and any other securities that may be pledged hereunder from time to time.
Upon such termination, the Secured Party shall deliver to the Pledgor, at the Pledgor's sole expense, all certificates and instruments representing or evidencing the Pledged Borrower Stock to be released in accordance with the foregoing provisions, together with all Additional Pledged Securities and other Collateral (if any) related to the Pledged Borrower Stock to be released held by the Secured Party hereunder.
By: /s/ Xxx Xxxxxxx Name: Xxx Xxxxxxx Title: Chief Financial Officer and Treasurer BARCLAYS BANK PLC, as Collateral Agent By: /s/ Xxxxx Xxxxxx Name: Xxxxx Xxxxxx Title: Director Schedule I to the Pledge Agreement Pledged Borrower Stock Number of Borrower Certificate Exact Legal Name of Registered Owner Number and Class of Equity Interests Percentage of Equity Interests No. 2 XX Xxxxxx Enterprises, Inc.
Schedule 4.07(a) hereto sets forth under the heading “Pledged Borrower Stock” all of the Equity Interests owned by Parent in US Borrower and the shares of such Pledged Borrower Stock pledged hereunder constitute 100% of the issued and outstanding shares of stock of US Borrower as of the date such US Grantor becomes a party to this Agreement.
Schedule 4.07(a) hereto sets forth under the heading "Pledged Borrower Stock" all of the Equity Interests owned by Holdings in Borrower and the shares of such Pledged Borrower Stock pledged by Holdings hereunder constitute 100% of the issued and outstanding shares of stock of Borrower.
Jurisdiction; Consent to Service of Process 19 Schedules Schedule I Pledged Borrower Stock This HOLDINGS GUARANTEE AND PLEDGE AGREEMENT (ABL), dated and effective as of August 30, 2013 (as amended, renewed, extended, restated, supplemented or otherwise modified from time to time, this “Agreement”), is between XX XXXXXX ENTERPRISES, INC., a Delaware corporation (“Holdings”), and BMO XXXXXX BANK N.A. (“BMO”), as Collateral Agent for the benefit of the Secured Parties.
The Collateral Agent shall be under no obligation to delay a sale of any of such Pledged Borrower Stock, Pledged Equity Interests or the Pledged Debt Securities for the period of time necessary to permit the Issuer thereof to register such securities for public sale under the Securities Act, or under applicable state securities laws, even if such Issuer would agree to do so.