Prop I definition

Prop I means United Artists Properties I Corporation, a Colorado corporation.
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Examples of Prop I in a sentence

  • When the stock of Prop I or any Wholly-Owned First-Tier Subsidiary is required to be pledged, the Subsidiary Pledge Agreement, or a supplement thereto, duly executed and delivered by UATC and UAR, together with all stock and other equity ownership interests in Prop I and such Wholly-Owned First-Tier Subsidiaries, together with undated stock transfer powers duly executed in blank for each such certificate.

  • Subject to Section 4.03, the Collateral includes all outstanding capital stock and other equity interests of UATC (other than the UATC Preferred Stock which is being contributed to UATC), Prop I and UAR and all Wholly-Owned First-Tier Subsidiaries of UATC and the Intercompany Note.

  • Each such Lender confirms that it has purchased an undivided risk participation in each "facility" Letter of Credit originally issued under the Existing Credit Agreement remaining outstanding hereunder and each Prop I Letter of Credit from the Issuing Lender issuing such Letter of Credit in an amount equal to that Lender's Pro Rata Share thereof.

  • On the UATC Senior Secured Note Repayment Date, the Company shall pledge, or cause to be pledged, under the Collateral Documents all the issued and outstanding capital stock of UATC (other than the UATC Preferred Stock which is being contributed to UATC), UAR, Prop I and all Wholly-Owned First-Tier Subsidiaries by complying with the applicable provisions of Section 4.03.

  • On the Prop I Mortgage Debt Repayment Date, a supplement to the Subsidiary Guaranty duly executed and delivered by Prop I.

  • The Company shall cause UAR to become a Subsidiary Guarantor under the Subsidiary Guaranty not later than the UATC Senior Secured Note Repayment Date and cause Prop I to become a Subsidiary Guarantor under the Subsidiary Guaranty not later than the Prop I Mortgage Debt Repayment Date, in each case by delivering to the Administrative Agent a supplement to the Subsidiary Guaranty duly executed and delivered by UAR or Prop I, together with the applicable items referred to in Section 4.03.