Pledged Shares definition

Pledged Shares means (a) the shares of capital stock or other equity interests described in Schedule VIII hereto, whether or not evidenced or represented by any stock certificate, certificated security or other Instrument, issued by the Persons described in such Schedule VIII (the "Existing Issuers"), (b) the shares of capital stock or other equity interests at any time and from time to time acquired by a Grantor of any and all Persons now or hereafter existing (such Persons, together with the Existing Issuers, being hereinafter referred to collectively as the "Pledged Issuers" and each individually as a "Pledged Issuer"), whether or not evidenced or represented by any stock certificate, certificated security or other Instrument, and (c) the certificates representing such shares of capital stock, all options and other rights, contractual or otherwise, in respect thereof and all dividends, distributions, cash, Instruments, Investment Property, financial assets, securities, capital stock, other equity interests, stock options and commodity contracts, notes, debentures, bonds, promissory notes or other evidences of indebtedness and all other property (including, without limitation, any stock dividend and any distribution in connection with a stock split) from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such capital stock.
Pledged Shares has the meaning provided in Section 2 hereof.
Pledged Shares means, collectively, (i) the Initial Pledged Shares and (ii) all other Shares of any Issuer now or hereafter owned by any Grantor, together in each case with (a) all certificates representing the same, (b) all shares, securities, moneys or other property representing a dividend on or a distribution or return of capital on or in respect of the Pledged Shares, or resulting from a split-up, revision, reclassification or other like change of the Pledged Shares or otherwise received in exchange therefor, and any warrants, rights or options issued to the holders of, or otherwise in respect of, the Pledged Shares, and (c) without prejudice to any provision of any of the Loan Documents prohibiting any merger or consolidation by an Issuer, all Shares of any successor entity of any such merger or consolidation.

Examples of Pledged Shares in a sentence

  • The Notes will, as a result of the Debentures, rank senior to all existing and future Indebtedness of the Issuer in respect of the Pledged Shares and all assets pledged under the Debentures.

  • Any amount distributed by Partner in respect of the “Scailex 2012 Dividend Amount” (as defined in the Amended and Restated Conditions, which for the avoidance of doubt is payable strictly in respect of the Existing Pledged Shares and the First Portion of the Additional Shares) shall be referred to herein as the “ Special Dividend”.

  • Me Issuer may, on each anniversary date of the Issue Date after the date of a Share Pledge, request the Noteholders’ Representative to release any relevant portion of the Pledged Shares from the purview of the relevant Share Pledge where the Collateral Amount is greater than the Minimum Valuation.

  • The Issuer shall not incur or suffer to exist any Security Interest (including by way of a floating charge) upon the Pledged Shares, other than Security Interests created under the Debentures.

  • Collateral Amount CalculationMe Collateral Amount shall at any time be the aggregate value of the Pledged Shares for each Listed Investee Company (the “Collateral Amount per Listed Investee Company”).Me Collateral Amount per Listed Investee Company shall be calculated by multiplying the Average Price by the Number of Listed Shares, where: I.


More Definitions of Pledged Shares

Pledged Shares has the meaning specified in the Security Agreement.
Pledged Shares has the meaning set forth in Paragraph 4 hereof.
Pledged Shares means the shares of capital stock or other equity, partnership or membership interests described on Schedule 1.2 attached hereto and incorporated herein by reference, and all other shares of capital stock or other equity, partnership or membership interests (other than in an entity which is a Foreign Subsidiary) acquired by any Debtor after the date hereof.
Pledged Shares means all shares of capital stock of any Pledged Share Issuer which are delivered by the Pledgor to the Lender as Pledged Property hereunder.
Pledged Shares means those shares listed on Part A of Schedule I hereto.
Pledged Shares shall have the meaning assigned to such term in the recitals hereto.