Pledged Borrower Stock definition

Pledged Borrower Stock has the meaning assigned to such term in Section 3.01.
Pledged Borrower Stock means all of the Equity Interests in US Borrower.
Pledged Borrower Stock means Pledged Collateral constituting equity interests in Borrower pledged hereunder, rights described in Section 2.2(a)(iii) relating thereto and proceeds thereof.

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.


More Definitions of Pledged Borrower Stock

Pledged Borrower Stock has the meaning specified therefor in Section 5(a) hereof.

Related to Pledged Borrower Stock

  • Foreign Subsidiary Borrower means each Borrower that is a Foreign Subsidiary.

  • Designated Borrower has the meaning specified in the introductory paragraph hereto.

  • Borrower/s means and refers to jointly and severally to the Applicants (more particularly described in the Application Form) who has/have been sanctioned/granted/disbursed the Loan by ABFL pursuant to the relevant Application Form submitted by such applicants to ABFL for availing of the Loan and depending upon the nature of the Borrower/s, shall, unless repugnant to the context or meaning thereof, be deemed to include his/her legal heirs, executors and administrators;

  • Domestic Subsidiary Borrower means any Subsidiary Borrower which is a Domestic Subsidiary.

  • U.S. Borrower means any Borrower that is a U.S. Person.

  • Designated Borrower Notice has the meaning specified in Section 2.14.

  • Foreign Borrower means any Borrower that is a Foreign Subsidiary.

  • Canadian Borrower as defined in the preamble hereto.

  • Domestic Borrower means the Company and each Designated Borrower that is a Domestic Subsidiary.

  • Foreign Borrowers means the Canadian Borrower, the Dutch Borrower, and the U.K. Borrowers.

  • Qualified borrower means any borrower that is a sponsoring entity that has a controlling interest in the real property that is financed by a qualified loan. A controlling interest includes, but is not limited to, a controlling interest in the general partner of a limited partnership that owns the real property.

  • Subsidiary Borrower mean each Subsidiary of the Company that shall become a Subsidiary Borrower pursuant to Section 2.19, so long as such Subsidiary shall remain a Subsidiary Borrower hereunder. As of the date hereof, there are no Subsidiary Borrowers party hereto.

  • Borrowing Subsidiary means any Subsidiary that has been designated as such pursuant to Section 2.18 and that has not ceased to be a Borrowing Subsidiary as provided in such Section.

  • Subsidiary Borrowers means (a) each Domestic Subsidiary that is a party hereto as of the Closing Date and (b) each Domestic Subsidiary that becomes a party to this Agreement after the Closing Date pursuant to Section 9.11 or otherwise.

  • Pledged Stock has the meaning assigned to such term in Section 3.01.

  • Pledged Equity Interest means an Equity Interest that is included in the Collateral at such time.

  • U.S. Borrowers have the meanings specified in the preamble to this Agreement.

  • Domestic Credit Party means any Credit Party that is organized under the laws of any State of the United States or the District of Columbia.

  • Pledged Funds means all of the Series Pledged Funds.

  • Domestic Loan Party means any Loan Party organized under the laws of any state of the United States of America or the District of Columbia.

  • Canadian Borrowers has the meaning specified in the preamble to this Agreement.

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged Trust Interests.

  • Co-Borrower shall have the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Foreign Subsidiary means any Subsidiary which is not a Domestic Subsidiary.

  • UK Borrower means any Borrower (i) that is organized or formed under the laws of the United Kingdom or (ii) payments from which under this Agreement or any other Loan Document are subject to withholding Taxes imposed by the laws of the United Kingdom.

  • Canadian Credit Party means the Canadian Borrower and each Canadian Subsidiary Guarantor.