Pledged Entity definition

Pledged Entity means an issuer of Pledged Shares.

Pledged Entity means an issuer of Pledged Shares or Pledged Indebtedness.

Pledged Entity means, each Person listed from time to time on Schedule IV hereto as a “Pledged Entity,” together with each other Person, any right in or interest in or to all or a portion of whose Capital Stock is acquired or otherwise owned by a Grantor after the date hereof.

Examples of Pledged Entity in a sentence

• Nothing herein shall be construed to make the Administrative Agent liable as a general partner or limited partner of any Pledged Entity or a shareholder of any corporation, and the Administrative Agent by virtue of this Agreement or any actions taken as contemplated hereby (except as referred to in the following sentence) shall not have any of the duties, obligations or liabilities of a general partner or limited partner of any Pledged Entity or a stockholder of any corporation.

• Any such foreclosure will not require any further consent of the undersigned or any other member, shareholder, or partner in the applicable Pledged Entity and will not cause the dissolution of any LLC or Partnership.

• In connection therewith, the undersigned agrees to request (and use reasonable efforts to ensure) that Lender is provided with a written statement of Borrower’s defaults under the Organizational Documents and agrees that Lender be entitled to rely on such statement in determining whether to become a substitute member, shareholder or partner in the applicable Pledged Entity.

• Under the Operating Agreement, the Assignor has certain rights, title and interest in and to Pledged Entity and its assets and distributions (collectively, the “Interest”).

• Neither the Holder nor the Collateral Agent shall be under any obligation to delay a sale of any of the Pledged Securities for the period of time necessary to permit the Pledged Entity or Pledgor to register such securities for public sale under the Securities Act of 1933, as amended, or under applicable state securities laws, even if the Pledged Entity or Pledgor would agree to do so.

More Definitions of Pledged Entity

Pledged Entity means, each Person listed from time to time on Schedule IV hereto as a “Pledged Entity,” together with each other Person, any right in or interest in or to all or a portion of whose Capital Stock is acquired or otherwise owned by Borrower after the date hereof.

Pledged Entity means each limited liability company set forth in Schedule 3-C attached hereto, together with any other limited liability company (other than a Regulated Entity) in which any Grantor may have an interest at any time.

Pledged Entity a Subsidiary of an Issuer Party whose Capital Stock is subject to a security interest in favor of the Noteholders pursuant to the Collateral Documents.

Pledged Entity means any Subsidiary whose issued and outstanding equity interests are pledged pursuant to the Pledge Agreement. As of the Issue Date, the Pledged Entities are Citizens Telecommunications Company of Tennessee L.L.C., a Delaware limited liability company, Citizens Telecommunications Company of Utah, a Delaware corporation, Frontier Communications of Wisconsin LLC, a Wisconsin limited liability company, Frontier Iowa, an Iowa limited liability company, Frontier Florida LLC, a Florida limited liability company, Frontier Southwest Incorporated, a Delaware corporation, Citizens NEWTEL, LLC, a Delaware limited liability company, Citizens Telecommunications Company of California Inc., a California corporation, Citizens Telecommunications Company of Illinois, an Illinois corporation, Commonwealth Telephone Enterprises, LLC, a Delaware limited liability company, Frontier Communications ILEC Holdings LLC, a Delaware limited liability company, Frontier Subsidiary Telco LLC, a Delaware limited liability company, Newco West Holdings LLC, a Delaware limited liability company, and The Southern New England Telephone Company, a Connecticut corporation.

Pledged Entity means, individually or collectively, as the context so requires, Mortgage Borrower, Mortgage Borrower SPE Component Entity and Operating Lessee.

Pledged Entity means each "Pledged Partnership" and each "Pledged -------------- ------------------- ------- Limited Liability Company" as these terms are defined in the Pledge and Security ------------------------- Agreement.

Pledged Entity means a Subsidiary of a Loan Party whose Equity Interests are Pledged Equity pursuant to the Equity Pledge Agreement.