Pledged Securities definition

Pledged Securities means any promissory notes, stock certificates or other securities now or hereafter included in the Pledged Collateral, including all certificates, instruments or other documents representing or evidencing any Pledged Collateral.

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Pledged Securities shall have the meaning ascribed to such term in Section 4(i).

Pledged Securities the collective reference to the Pledged Notes and the Pledged Stock.

Examples of Pledged Securities in a sentence

If an Event of Default has occurred and is continuing, the Administrative Agent, on behalf of the Secured Parties, shall have the right (in its sole and absolute discretion) to hold the Pledged Securities in its own name as pledgee, in the name of its nominee (as pledgee or as sub-agent) or in the name of the Grantor, endorsed or assigned in blank or in favor of the Administrative Agent.
No Grantor is in default or violation of any material provisions of any agreement to which such Grantor is a party relating to the Pledged Securities.
The failure to identify any Pledged Securities on Schedule 1 shall not adversely affect the security grant made under this Section 2.01.
The Administrative Agent shall, if it is exercising its remedies under Article V hereof, have the right to exchange the certificates representing Pledged Securities, if any, for certificates of smaller or larger denominations for any purpose consistent with this Agreement, to the extent permitted by the documentation governing such Pledged Equity Interests.
There is no amount or other obligation owing by any Grantor to any issuer of the Pledged Securities in exchange for or in connection with the issuance of the Pledged Securities or any Grantor’s status as a partner or a member of any issuer of the Pledged Securities.

More Definitions of Pledged Securities

Pledged Securities means the Pledged Equity and Pledged Debt.

Pledged Securities means any and all certificates and other instruments representing or evidencing all of the capital stock and other equity interests of the Subsidiaries.

Pledged Securities means all the Pledged Securities as defined in the Pledge Agreement.

Pledged Securities has the meaning specified in the Pledge Agreement.

Pledged Securities means, collectively, the Pledged Interests, the Pledged Shares and the Successor Interests.

Pledged Securities means “Securities” as defined in the Pledge Agreement pledged (or required to be pledged) pursuant thereto.

Pledged Securities means, collectively, with respect to each Loan Party, (i) all issued and outstanding Equity Interests of each issuer set forth on Schedule 10 to the Perfection Certificate as of the Closing Date as being owned by such Loan Party and all options, warrants, rights, agreements and additional Equity Interests of whatever class of any such issuer acquired by such Loan Party (including by issuance), together with all rights, privileges, authority and powers of such Loan Party relating to such Equity Interests in each such issuer or under any Organizational Document of each such issuer, and the certificates, instruments and agreements representing such Equity Interests and any and all interest of such Loan Party in the entries on the books of any financial intermediary pertaining to such Equity Interests, (ii) all Equity Interests of any issuer, which Equity Interests are hereafter acquired by such Loan Party or are owned by a Loan Party as of the Closing Date (including by issuance) and all options, warrants, rights, agreements and additional Equity Interests of whatever class of any such issuer acquired by such Loan Party (including by issuance), together with all rights, privileges, authority and powers of such Loan Party relating to such Equity Interests or under any Organizational Document of any such issuer, and the certificates, instruments and agreements representing such Equity Interests and any and all interest of such Loan Party in the entries on the books of any financial intermediary pertaining to such Equity Interests, from time to time acquired by such Loan Party in any manner, and (iii) all Equity Interests issued in respect of the Equity Interests referred to in clause (i) or (ii) upon any consolidation or merger of any issuer of such Equity Interests other than to the extent any of the foregoing constitute Excluded Equity Interests.