Pledged Common Stock definition

Pledged Common Stock means, at any time, the shares of Common Stock then pledged as collateral for the Revolving Credit Facility.
Pledged Common Stock has the meaning set forth in Section 2.1(c).
Pledged Common Stock and "Pledged Merger Consideration" respectively. Subject to the Pledge and the provisions of Section 2.2 hereof, the Holders from time to time shall have full beneficial ownership of the Collateral. For purposes of perfecting the Pledge under applicable law, including, to the extent applicable, the TRADES Regulations or the Uniform Commercial Code, including Uniform Commercial Code -314, 9-106 and 8-106(e), as adopted and in effect in any applicable jurisdiction, the Collateral Agent shall be the agent of the Company as provided herein and shall not be acting on behalf of itself individually or on behalf of the Holders or the Purchase Contract Agent. Whenever directed by the Collateral Agent acting on behalf of the Company, the Securities Intermediary shall have the right to re-register in its name the Common Stock, the Fixed-Share Rights Certificate or any other securities held in physical form.

Examples of Pledged Common Stock in a sentence

  • Regional Development Policies of Member StatesSince the 1980s, the objectives of regional development policies have undergone radical changes in most of the Member States – from including income and employment redistribution to incentives for structural change aimed at diversification and increasing the potential for economic growth (Lorenzi, 1996).The central countries have reduced financial aid to regional development policies in the context of budgetary restrictions.

  • Under the terms of the Pledge Agreement, the Agent will be entitled to exercise the voting and any other consensual rights pertaining to the Pledged Common Stock, but only to the extent instructed in writing by the Holders as described below.

  • The Company hereby agrees, if applicable, to solicit Holders of Separate COVERS to timely instruct the Agent in order to enable the Agent to vote such Pledged Common Stock.

  • Subject to Section 4.2 of the Purchase Contract Agreement, the Holder of each Separate COVERS shall be entitled, with respect to the Pledged Common Stock, to all of the rights of a holder of shares of Common Stock.

  • In the absence of specific instructions from the Holder of a Separate COVERS, the Agent shall abstain from voting the Pledged Common Stock underlying such Separate COVERS.

  • Transaction the sale of all of the issued share capital in Ascot Radiology Limited in accordance with the Sale Agreement.

  • The undersigned Holder hereby instructs you to instruct the Collateral Agent to release to you on behalf of the undersigned Holder the [Pledged Fixed-Share Rights] [Pledged Common Stock] related to such [SPACES] [Separate COVERS].

  • Notwithstanding the foregoing, it is agreed that no lien shall be deemed to have been granted hereunder and no security interest shall have attached to the Pledged Common Stock unless and until the occurrence of a Release Event.

  • Upon the occurrence of a Release Event (defined below), a lien and security interest in 48.5% of the Pledged Common Stock released with respect to such Release Event shall be deemed to be granted on such shares constituting Pledged Common Stock, and the proceeds thereof, immediately upon and concurrently with such release.

  • The Pledgor shall deliver, or cause to be delivered, as security to the Administrative Agent for the benefit of the Lenders (i) certificates, if any, representing the Pledged Common Stock, promptly as the shares of the Pledged Common Stock are released from the liens and security interests created under the Term Loan Pledge Agreement and (ii) promptly upon the receipt thereof by or on behalf of the Pledgor, all other certificates constituting Pledged Collateral.


More Definitions of Pledged Common Stock

Pledged Common Stock is defined in the Vulcan Stockholder Agreement.
Pledged Common Stock has the meaning provided for in that certain Secured Guaranty Pledge Agreement of even date between Wxxxx Advisory Services I, LLC (“WAS I”), as the Pledgor, and the Administrative Agent.
Pledged Common Stock has the meaning set forth in Section 2.1(c) of the Pledge Agreement.
Pledged Common Stock has the meaning assigned to such term in the Vulcan Stockholder Agreement as in effect at consummation of the IPO.

Related to Pledged Common Stock

  • Registered Common Shares means Common Shares which are, as of the date of consummation of a Business Combination, and have continuously been for the 12 months immediately preceding such date, registered under Section 12 of the Exchange Act.

  • Registered Common Stock shall have the meaning set forth in Section 13(b) hereof.

  • Fully-Diluted Common Stock means, at any time, the then outstanding Common Stock plus (without duplication) all shares of Common Stock issuable, whether at such time or upon the passage of time or the occurrence of future events, upon the exercise, conversion, or exchange of all then outstanding Common Stock Equivalents.

  • Old Common Stock means the Company's common stock, par value $.01 per share, outstanding as of the date of the Company's filing of the petition commencing the Chapter 11 Case.

  • Ordinary Shares shall have the meaning given in the Recitals hereto.

  • Restricted Common Stock means shares of Common Stock which are, or which upon their issuance on the exercise of this Warrant would be, evidenced by a certificate bearing the restrictive legend set forth in Section 9.1(a).

  • Common Shares means the common shares in the capital of the Corporation;

  • Equity Shares means the Common Shares and any shares of any other class or series of the Corporation which may from time to time be authorized for issue if by their terms such shares confer on the holders thereof the right to participate in the distribution of assets upon the voluntary or involuntary liquidation, dissolution or winding up of the Corporation beyond a fixed sum or a fixed sum plus accrued dividends;

  • Existing Common Stock means shares of common stock of Delphi that are authorized, issued, and outstanding prior to the Effective Date.

  • New Common Stock means shares of Common Stock and/or securities convertible into, and/or other rights exercisable for, Common Stock, which are offered or sold in a New Transaction.

  • Newco Common Stock means the common stock, par value $.01 per share, of Newco.

  • Common Stock means the common stock of the Company, par value $0.001 per share, and any other class of securities into which such securities may hereafter be reclassified or changed.

  • Underlying Common Stock means the Common Stock into which the Notes are convertible or issued upon any such conversion.

  • shares of Common Stock means (i) the class of stock designated as the Common Stock of the Company at the date of this Agreement, or (ii) any other class of stock resulting from successive changes or reclassifications of such shares consisting solely of changes in par value, or from par value to no par value, or from no par value to par value. In the event that at any time, as a result of an adjustment made pursuant to paragraph (a) above, the Warrant Holders shall become entitled to purchase any securities of the Company other than shares of Common Stock, thereafter the number of such other securities so purchasable upon exercise of each Warrant and the Exercise Price of such securities shall be subject to adjustment from time to time in a manner and on terms as nearly equivalent as practicable to the provisions with respect to the Warrant Shares contained in paragraphs (a) through (i), inclusive, above, and the provisions of Section 7 and Section 12.2 through 12.5, inclusive, with respect to the Warrant Shares, shall apply on like terms to any such other securities.

  • Additional Shares of Common Stock means all shares of Common Stock issued (or, pursuant to Subsection 4.4.3 below, deemed to be issued) by the Corporation after the Original Issue Date, other than (1) the following shares of Common Stock and (2) shares of Common Stock deemed issued pursuant to the following Options and Convertible Securities (clauses (1) and (2), collectively, “Exempted Securities”):

  • Common Stock Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Common Stock, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Common Stock.

  • Pubco Common Stock means all classes and series of common stock of Pubco, including the Class A Common Stock and Class B Common Stock.

  • Ordinary Share Capital means any issued and outstanding shares of the Company with voting or other rights of management and control and any outstanding securities of the Company that are convertible into such shares at the option of the holder;

  • Common Stock Equivalent means any Convertible Security or warrant, option or other right to subscribe for or purchase any Additional Shares of Common Stock or any Convertible Security.

  • New Common Shares means the common stock or common equity of Reorganized XOG to be issued on the Effective Date.

  • A Ordinary Shares means the A ordinary shares of £0.01 each in the capital of the Company;

  • Ordinary Shares Equivalents means any securities of the Company or the Subsidiaries which would entitle the holder thereof to acquire at any time Ordinary Shares, including, without limitation, any debt, preferred stock, right, option, warrant or other instrument that is at any time convertible into or exercisable or exchangeable for, or otherwise entitles the holder thereof to receive, Ordinary Shares.

  • Parent Common Stock means the common stock, par value $0.01 per share, of Parent.

  • Qualified Capital Stock means any Capital Stock that is not Disqualified Capital Stock.

  • Preferred Stock Equivalents shall have the meaning set forth in Section 11(b) hereof.

  • Merger Sub Common Stock means the common stock, par value $0.01 per share, of Merger Sub.