Examples of Pledged Equity in a sentence
There exists no Adverse Claim with respect to the Pledged Equity of such Grantor.
The Company hereby agrees for the Pledgor to pledge the Pledged Equity to the Pledgee in accordance with the terms hereof in the form of first priority pledge.
The proceeds received by the Pledgor from the transfer of the Pledged Equity with prior written consent from the Pledgee shall be first applied towards early full repayment to the Pledgee of the Secured Indebtedness or shall be deposited with a third party to be agreed with the Pledgee.
A complete list of the Collateral, including bank accounts (with the name of the bank and the last four numbers of the bank account) and the Pledged Equity is set forth on Exhibit A hereto.
The taking possession by the Administrative Agent of the certificated securities (if any) evidencing the Pledged Equity and all other Instruments constituting Collateral will perfect and establish the first priority of the Administrative Agent’s security interest in all the Pledged Equity evidenced by such certificated securities and such Instruments.