Pledged Equity definition

Pledged Equity has the meaning specified in the Security Agreement.

Pledged Equity has the meaning assigned to such term in Section 2.01.

Pledged Equity has the meaning specified in Section 1(d)(iii) of the Security Agreement.

Examples of Pledged Equity in a sentence

• The undersigned hereby authorizes the Pledgee to directly dispose (including acquiring title) of the Pledged Equity in accordance with the terms of the Equity Pledge Agreement in the event that the undersigned fails to fulfill the Secured Obligations as stipulated in the Equity Pledge Agreement, and hereby approves that the foregoing authorization cannot be canceled or revoked until the Secured Obligations shall have been fully performed or extinguished.

• The undersigned affirms that the undersigned will provide all necessary cooperation requested by the Pledgee for or in relation to the disposal of the Pledged Equity including, but not limited to, transferring title to the Pledged Equity and updating the member registry after disposal.

• The undersigned, by this Certificate of Transfer, hereby transfers title to the Pledged Equity to K Enter Holdings Inc.

• The undersigned covenants to provide any and all necessary cooperation with regard to the transfer of the Pledged Equity upon request by you/your company.

• The undersigned acknowledges and covenants that the transfer to you/your company of the Pledged Equity by this Certificate of Transfer shall have legal effect against the undersigned and any third parties and the undersigned shall not raise any objection thereto.

More Definitions of Pledged Equity

Pledged Equity means all pledged Equity Interests in or upon which a security interest or Lien is from time to time granted to the Administrative Agent, for the benefit of the Secured Parties, under the Pledge Agreements.

Pledged Equity means the equity interests listed on Schedule 1, together with any other equity interests, certificates, options or rights of any nature whatsoever in respect of the equity interests of any Person that may be issued or granted to, or held by, any Grantor while this Agreement is in effect.

Pledged Equity shall refer to all equity legally held by the Pledgor in the Domestic Company.

Pledged Equity has the meaning given it in Section 2.1(a) hereof.

Pledged Equity has the meaning specified in the Pledge Agreement.

Pledged Equity means all of each Grantor’s right, title and interest in and to all of the Securities and Capital Stock now or hereafter owned by such Grantor, regardless of class or designation, including all substitutions therefor and replacements thereof, all proceeds thereof and all rights relating thereto, also including any certificates representing the Securities and/or Capital Stock, the right to receive any certificates representing any of the Securities and/or Capital Stock, all warrants, options, share appreciation rights and other rights, contractual or otherwise, in respect thereof, and the right to receive dividends, distributions of income, profits, surplus, or other compensation by way of income or liquidating distributions, in cash or in kind, and cash, instruments, and other property from time to time received, receivable, or otherwise distributed in respect of or in addition to, in substitution of, on account of, or in exchange for any or all of the foregoing.

Pledged Equity means all of the Pledgor’ equity interests in the Company as lawfully owned by the Pledgor as of the effectiveness hereof and pledged hereunder to the Pledgee as security for the Pledgor’s and the Company’s performance of their respective Contractual Obligations (the specific equity interests pledged by the Pledgor being as set out in Schedule 1 hereto) and any increased capital contribution and any dividend under Sections 2.6 and 2.7 hereof.