Pledged Subsidiary definition

Pledged Subsidiary means each Subsidiary in respect of which the Administrative Agent has been granted a security interest in or a pledge of (a) any of the Capital Securities of such Subsidiary or (b) any intercompany notes of such Subsidiary owing to the Borrower or another Subsidiary.

Pledged Subsidiary means each Foreign Subsidiary a portion of the Equity Interests of which has been pledged pursuant to a Pledge Agreement in accordance with Section 5.10.

Pledged Subsidiary means any Subsidiary whose issued and outstanding equity interests are pledged pursuant to the applicable Pledge Agreement. As of the Closing Date, the Pledged Subsidiaries shall be those entities listed on Schedule 5.

Examples of Pledged Subsidiary in a sentence

• The costs and expenses of all such registrations and qualifications under said Act shall be paid by the Company or such Pledged Subsidiary, except that underwriting discounts and commissions in respect of any Pledged Stock sold pursuant to any such registration statement shall be borne by the sellers thereof.

• If any Pledged Subsidiary at any time or from time to time proposes to register any of its securities under the Securities Act of 1933, the Company will at each such time give notice to the Agent of such Pledged Subsidiary's intentions so to do.

• Upon the request of the Agent given 30 days after receipt of such notice, the Company will cause all Pledged Stock of such Pledged Subsidiary to be included in the registration statement proposed to be filed, all to the extent requisite to permit the public sale or other public disposition of such Pledged Stock so registered by the holders thereof.

• Name of Pledgor Name, Jurisdiction of Formation and Type of Entity of Pledged Subsidiary Class or Type of Pledged Interest Total Amount of Class or Type of Pledged Interests Authorized Total Amount of Class or Type Outstanding Total Amount Pledged Certificate Number (if applicable) Par Value (if applicable) Name of Transfer Agent (if any) Sonic Automotive, Inc.

• Specifi- cally, we analyze the effect of IAS 19R, which eliminated the corridor method, a smoothing device for recognizing actuarial gains and losses under IFRS, on the allocation of plan assets to equities and bonds.Risk from pension plans is partly driven by the allocation of plan assets.

More Definitions of Pledged Subsidiary

Pledged Subsidiary has the meaning specified in the Pledge Agreement.

Pledged Subsidiary means any Subsidiary Guarantor owned directly or indirectly by the Company, the Equity Interests of which do not constitute Excluded Pledged Collateral.

Pledged Subsidiary means a direct Subsidiary of the Borrower or AES BVI II listed on Schedule I hereto, whose Equity Interests have been pledged to the Collateral Trustees for the benefit of the Secured Holders by the Borrower or AES BVI II, as applicable, pursuant to the Security Agreement or the BVI Cayman Pledge Agreement.

Pledged Subsidiary means a Subsidiary of the Borrower, any of the Capital Stock of which is subject to a Stock Acquisition Lien or any other Lien.

Pledged Subsidiary means each Subsidiary the capital stock of which is pledged pursuant to the Pledge Agreement.

Pledged Subsidiary means a Person that has issued any Equity Interest that constitutes any part of the Pledged Collateral.

Pledged Subsidiary means any Subsidiary of the Borrower the equity or other interests in which constitute Collateral pledged pursuant to the Collateral Documents and that owns, directly or indirectly, Covered Assets or any other Subsidiary that owns, directly or indirectly, Covered Assets.