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.
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
For the better protection of the Agent and the Lenders hereunder, the Loan Parties shall execute appropriate transfer powers with respect to the Pledged Securities represented by certificates and, concurrently therewith, deliver such Pledged Securities and the aforesaid transfer powers to the Agent promptly upon Agent’s request.
Upon the occurrence of an Event of Default hereunder, the Agent, in its sole discretion, may sell, assign, transfer and deliver the Pledged Securities, at any time, or from time to time.
At any such public sale, the Agent may purchase the Pledged Securities, or any part thereof, free from any right of redemption, all of which rights each Loan Party hereby waives and releases.
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.