Specified Pledgor definition

Specified Pledgor means any direct or indirect domestic subsidiary of the Company that is not a Loan Party that holds Equity Interest of a first tier Foreign Subsidiary; provided that, for purposes of the definition of Specified Pledgor, the Equity Interests of Courier Tecnologia em Serviços Gráficos and Consolidated Graphics de Mexico S. de X.X. de C.V. shall not constitute Equity Interest of a first tier Foreign Subsidiary so long as Courier Tecnologia em Serviços Gráficos and Consolidated Graphics de Mexico S. de X.X. de C.V. have no material assets. As of the Closing Date, the Specified Pledgor is RRD Netherlands, LLC.
Specified Pledgor means any direct or indirect domestic subsidiary of the Company that is not a Loan Party that holds Equity Interest of a first tier Foreign Subsidiary; provided that, for purposes of the definition of Specified Pledgor, the Equity Interests of Courier Tecnologia em Serviços Gráficos and Consolidated Graphics de Mexico S. de R.L. de C.V. shall not constitute Equity Interest of a first tier Foreign Subsidiary so long as Courier Tecnologia em Serviços Gráficos and Consolidated Graphics de Mexico S. de R.L. de C.V. have no material assets. As of the Closing Date, the Specified Pledgor is RRD Netherlands, LLC.
Specified Pledgor means any direct or indirect domestic subsidiary of the Company that is not a Loan Party that holds Equity Interest of a first tier Foreign Subsidiary; provided that, for purposes of the definition of Specified Pledgor, (i) the Equity Interests of Courier Tecnologia em Serviços Gráficos and Consolidated Graphics de Mexico S. de X.X. de C.V. shall not constitute Equity Interest of a first tier Foreign Subsidiary so long as Courier Tecnologia em Serviços Gráficos and Consolidated Graphics de Mexico S. de X.X. de C.V. have no material assets and (ii) the Equity Interests of RRD SSC Europe BVBA shall not constitute Equity Interests of a first tier Foreign Subsidiary so long as RRD SSC Europe BVBA is liquidated by December 31, 2017 or such later date as the Administrative Agent may agree. As of the Closing Date, the Specified Pledgor is RRD Netherlands, LLC.

Examples of Specified Pledgor in a sentence

  • The Specified Pledgor hereby represents and warrants that each of the representations and warranties contained in Article III of the Pledge Agreement is true and correct on and as the date hereof (after giving effect to this Supplement) as if made on and as of such date.

  • By executing and delivering this Supplement, the Specified Pledgor, as provided in Section 7.13 of the Pledge Agreement, hereby pledges and grants a security interest in (a) the Equity Interests described or referred to in Schedule 2-S and (b) all other Collateral (as defined in the Pledge Agreement).

  • Each of the parties hereto agrees that the Specified Pledgor is party to this Supplemental Indenture solely for the purposes of Article III, Section 4.1, Section 4.7, Section 4.8 and Section 4.13 only.

  • For the avoidance of doubt, such authorization shall not impose any duty or obligation on the Notes Collateral Agent to make any such filing, such obligation being that of each Grantor and the Specified Pledgor hereunder.

  • Pledged Collateral has the meaning assigned to such term in each Security Agreement, and as used herein, the term “Companies” means the Borrower and each of the Guarantors, and with respect to Sections 1(a), (b) and (c), Section 2(a), 3, 4, 5, 6, 8 and 9, also includes each Specified Pledgor.

  • Each of the Grantors and the Specified Pledgor agrees to provide such information to the Notes Collateral Agent promptly upon any reasonable request (which request the Notes Collateral Agent shall have no obligation to make).

  • Each of the Issuer, the Guarantors and the Specified Pledgor hereby represent and warrant that all actions necessary to give effect to this Supplemental Indenture have been taken.

  • This Supplemental Indenture shall become effective immediately upon its execution and delivery by the Issuer, the Guarantors, the Specified Pledgor, the Trustee and the Notes Collateral Agent.

  • Pledged Collateral has the meaning assigned to such term in the Security Agreement, and as used herein, the term “Companies” means the Borrower and each of the Guarantors, and with respect to Sections 1(a), (b) and (c), Section 2(a), 3, 4, 5, 6, 8 and 9, also includes each Specified Pledgor.

  • All notices and other communications to the Issuer, the Guarantors or the Specified Pledgor shall be given as provided in the Base Indenture or the Pledge Agreement, as applicable.


More Definitions of Specified Pledgor

Specified Pledgor shall have the meaning provided in Section 3.1 hereof.
Specified Pledgor means any direct or indirect domestic subsidiary of the Company that is not a Loan Party that holds Equity Interest of a first tier Foreign Subsidiary; provided that, for purposes of the definition of Specified Pledgor, (i) the Equity Interests of Courier Tecnologia em Serviços Gráficos and Consolidated Graphics de Mexico S. de R.L. de C.V. shall not constitute Equity Interest of a first tier Foreign Subsidiary so long as Courier Tecnologia em Serviços Gráficos and Consolidated Graphics de Mexico S. de R.L. de C.V. have no material assets and (ii) the Equity Interests of RRD SSC Europe BVBA shall not constitute Equity Interests of a first tier Foreign Subsidiary so long as RRD SSC Europe BVBA is liquidated by December 31, 2017 or such later date as the Administrative Agent may agree. As of the Closing Date, the Specified Pledgor is RRD Netherlands, LLC.
Specified Pledgor as defined in the Revolving Credit Agreement.

Related to Specified Pledgor

  • Registered Pledgee has the meaning set forth in the Titling Trust Agreement.

  • Specified Person means a person who has:

  • Servicing Rights Pledgee One or more lenders, selected by the Servicer, to which the Servicer may pledge and assign all of its right, title and interest in, to and under this Agreement.

  • Specified Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • Specified Guarantor means any Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 11.12).

  • Specified Obligor an Obligor that is not then an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 5.11).

  • Approved Securities Intermediary means a Securities Intermediary or Commodity Intermediary selected or approved by the Administrative Agent and with respect to which a Grantor has delivered to the Administrative Agent an executed Control Account Agreement.

  • Note Pledgee shall have the meaning assigned to such term in Section 14(c).

  • Relevant Transfer Date means, in relation to a Relevant Transfer, the date upon which the Relevant Transfer takes place;

  • Transferred Guarantor shall have the meaning assigned to such term in Section 7.09.

  • Excluded Receivables means, as of any date of determination, all accounts receivable referred to in Item 1 of Schedule 7.01.

  • Non-Lead Securitization Noteholder Representative shall have the meaning assigned to such term in the definition of “Non-Lead Securitization Noteholder”.

  • Special Purpose Receivables Subsidiary means a direct or indirect Subsidiary of the Borrower established in connection with a Permitted Receivables Financing for the acquisition of Receivables Assets or interests therein, and which is organized in a manner intended to reduce the likelihood that it would be substantively consolidated with the Borrower or any of the Subsidiaries (other than Special Purpose Receivables Subsidiaries) in the event the Borrower or any such Subsidiary becomes subject to a proceeding under the U.S. Bankruptcy Code (or other insolvency law).

  • Non-Lead Securitization Noteholder herein shall mean the Non-Lead Securitization Subordinate Class Representative under the related Non-Lead Securitization Servicing Agreement, as and to the extent provided in the related Non-Lead Securitization Servicing Agreement and as to the identity of which the Lead Securitization Noteholder (and the Master Servicer and the Special Servicer) has been given written notice. The Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall not be required at any time to deal with more than one party exercising the rights of a “Non-Lead Securitization Noteholder” herein or under the Servicing Agreement and, to the extent that the related Non-Lead Securitization Servicing Agreement assigns such rights to more than one party, for purposes of this Agreement, the Non-Lead Securitization Servicing Agreement shall designate one party to deal with the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) and provide written notice of such designation to the Lead Securitization Noteholder (and the Master Servicer and the Special Servicer acting on its behalf) (such party, the “Non-Lead Securitization Noteholder Representative”); provided that, in the absence of such designation and notice, the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall be entitled to treat the last party as to which it has received written notice as having been designated as the Non-Lead Securitization Noteholder Representative with respect to such Non-Controlling Note for all purposes of this Agreement. Prior to Securitization of any Non-Lead Securitization Note by the Non-Lead Securitization Noteholder (including any New Notes), all notices, reports, information or other deliverables required to be delivered to such Non-Lead Securitization Noteholder pursuant to this Agreement or the Servicing Agreement by the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) only need to be delivered to each Non-Lead Securitization Noteholder Representative and, when so delivered to each Non-Lead Securitization Noteholder Representative, the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall be deemed to have satisfied its delivery obligations with respect to such items hereunder or under the Servicing Agreement. Following Securitization of any Non-Lead Securitization Notes by the Non-Lead Securitization Noteholder, all notices, reports, information or other deliverables required to be delivered to such Non-Lead Securitization Noteholder pursuant to this Agreement or the Servicing Agreement by the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall be delivered to the related Non-Lead Master Servicer and the related Non-Lead Special Servicer (who then may forward such items to the party entitled to receive such items as and to the extent provided in the related Non-Lead Securitization Servicing Agreement) and, when so delivered to the related Non-Lead Master Servicer and the related Non-Lead Special Servicer, the Lead Securitization Noteholder (or the Master Servicer or the Special Servicer acting on its behalf) shall be deemed to have satisfied its delivery obligations with respect to such items hereunder or under the Servicing Agreement.

  • Secured Party Designation Notice means a notice from any Lender or an Affiliate of a Lender substantially in the form of Exhibit H.

  • Expected Principal Payment Date means April 15, 2010.

  • Non-Lead Securitization Determination Date means the “determination date” (or any term substantially similar thereto) as defined in the related Non-Lead Securitization Servicing Agreement.

  • Receivables Transaction Attributed Indebtedness means the amount of obligations outstanding under the legal documents entered into as part of any Qualified Receivables Transaction on any date of determination that would be characterized as principal if such Qualified Receivables Transaction were structured as a secured lending transaction rather than as a purchase.

  • Clearing Corporation Security means securities which are in the custody of or maintained on the books of a Clearing Corporation or a nominee subject to the control of a Clearing Corporation and, if they are Certificated Securities in registered form, properly endorsed to or registered in the name of the Clearing Corporation or such nominee.

  • Subsequent Transfer Date With respect to each Subsequent Transfer Instrument, the date on which the related Subsequent Mortgage Loans are sold to the Trust Fund.

  • Securities Intermediary The meaning specified in Section 8-102(a)(14) of the UCC.

  • Credit Card Receivables means each “payment intangible” (as defined in the UCC) together with all income, payments and proceeds thereof, owed by a Credit Card Issuer or Credit Card Processor to a Loan Party resulting from charges by a customer of a Loan Party on credit or debit cards issued by such Credit Card Issuer in connection with the sale of goods by a Loan Party, or services performed by a Loan Party, in each case in the ordinary course of its business.

  • Controlling Noteholder means as of any date of determination the holder or holders of a majority of the Lead Securitization Note. At any time the Lead Securitization Note is the Controlling Noteholder and is included in the Lead Securitization, references to the “Controlling Noteholder” herein shall mean the holders of the majority of the class of securities issued in the Lead Securitization designated as the “controlling class” (or such lesser amount as permitted under the terms of the Servicing Agreement) or such other class(es) otherwise assigned the rights to exercise the rights of the “Controlling Noteholder” hereunder, as and to the extent provided in the Servicing Agreement.

  • Instituting Noteholders has the meaning set forth in Section 7.6(a) of the Indenture.

  • Applicable Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement and (y) the Non-Controlling Representative Enforcement Date, the Collateral Agent for the Series of First Lien Obligations represented by the Major Non-Controlling Representative.