Examples of Pledged Securities in a sentence
Each Grantor consents to the grant by each other Grantor of a security interest in all Pledged Securities to Agent, and without limiting the foregoing, consents to the transfer of such Pledged Securities to Agent or its nominee upon the occurrence and during the continuance of an Event of Default and to the substitution of Agent or its nominee as a partner in any partnership or as a member in any limited liability company with all the rights and powers related thereto.
EXHIBIT “C” FEDERAL TAXPAYER IDENTIFICATION NUMBER Grantor Federal Employer Identification Number EXHIBIT “D” LOCATION FOR PURPOSES OF UCC Grantor Jurisdiction Schedule I to Pledge and Security Agreement List of Pledged Securities and Pledged Notes A.
The Agent also shall have the right at any time to exchange certificates or instruments representing or evidencing such Investment Property or other Pledged Securities, if any, for certificates or instruments of smaller or larger denominations.
Each Grantor will permit any registerable Pledged Securities or any Ownership Interest which become a Security to be registered in the name of Agent or its nominee at any time an Event of Default has occurred and is continuing at the option of the Majority Lenders.
All of the Pledged Securities have been duly authorized and validly issued and are fully paid and non-assessable (to the extent such non-assessable concept is relevant with respect to such Pledged Securities).