Securities Collateral definition
Securities Collateral means, collectively, the Pledged Securities, the Intercompany Notes and the Distributions.
Securities Collateral shall have the meaning assigned to such term in the Security Agreement.
Securities Collateral means, with respect to any Grantor, the Pledged Equity, the Pledged Debt and any other Investment Property in which such Grantor has an interest.
Examples of Securities Collateral in a sentence
The pledge and charge of the Securities Collateral pursuant to the Pledge Agreement does, the Share Charge Agreements and the LLC Interest Security Assignments do not violate such regulations.
The pledge and charge of the Securities Collateral pursuant to the Pledge Agreement and the Share Charge Agreement does not violate such regulations.
More Definitions of Securities Collateral
Securities Collateral shall have the meaning assigned to such term in the Pledge Agreement.
Securities Collateral means, collectively, the Pledged Equity Interests, the Pledged Intercompany Debt and the Distributions.
Securities Collateral means, collectively, the Pledged Securities, the Pledged Intercompany Notes and the Distributions; provided, that notwithstanding any of the foregoing, Securities Collateral shall not include any Excluded Assets.
Securities Collateral means the Stock Collateral and the Pledged Debt.
Securities Collateral means, collectively, the Pledged Shares and Pledged Indebtedness.
Securities Collateral which term means:
(i) all shares of stock, partnership interests, interests in joint ventures, limited liability company interests and all other equity interests now or hereafter owned by such Grantor in any Person that is, or becomes, a direct Subsidiary of such Grantor, including all securities convertible into, and rights, warrants, options and other rights to purchase or otherwise acquire, any of the foregoing now or hereafter owned by such Grantor, including those owned on the date hereof and described on Schedule 1(e)(i), and the certificates or other instruments representing any of the foregoing and any interest of such Grantor in the entries on the books of any securities intermediary pertaining thereto (the "PLEDGED INTERESTS"), and all dividends, distributions, returns of capital, cash, warrants, options, rights, instruments, rights to vote or manage the business of such Person pursuant to organizational documents governing the rights and obligations of the stockholders, partners, members or other owners thereof and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such Pledged Interests; provided, that if the issuer of any of such Pledged Interests is a controlled foreign corporation (used hereinafter as such term is defined in Section 957(a) or a successor provision of the Internal Revenue Code), the Pledged Interests shall not include any shares of stock of such issuer in excess of the number of shares of such issuer possessing up to but not exceeding 65% of the voting power of all classes of capital stock entitled to vote of such issuer, and all dividends, cash, warrants, rights, instruments and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such Pledged Interests;
(ii) all indebtedness from time to time owed to such Grantor by any obligor that is, or becomes, a direct or indirect Subsidiary of such Grantor, or by any obligor of which Grantor is a direct or indirect Subsidiary, including, without limitation, the indebtedness described on Schedule 1(e)(ii) and issued by the obligors named therein, and the instruments evidencing such indebtedness (the "PLEDGED DEBT"), and all interest, cash, instruments and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Debt; and
(iii...
Securities Collateral has the meaning specified in Section 4.5.