Stock Collateral definition

Stock Collateral means, collectively, the Collateral described in clauses (a) through (c) of Section 3 hereof and the proceeds of and to any such property and, to the extent related to any such property or such proceeds, all books, correspondence, credit files, records, invoices and other papers.
Stock Collateral means the Pledged Stock and all Proceeds therefrom.
Stock Collateral has the meaning assigned to such term in Section 3(k)(ii).

Examples of Stock Collateral in a sentence

  • The Agent's prior recourse to any part or all of the Stock Collateral shall not constitute a condition of any demand, suit or proceeding for payment or collection of any of the Obligations.

  • The interests assigned as Stock Collateral are subject to no outstanding options, voting trusts, shareholders agreement, or other requirements with respect to such interests.

  • The Agent may buy any part or all of the Stock Collateral at any public sale and if any part or all of the Stock Collateral is of a type customarily sold in a recognized market or is of the type which is the subject of widely-distributed standard price quotations, the Agent may buy at private sale and may make payments thereof by any means.

  • The Pledgor has good and marketable title to the Stock Collateral.

  • The Obligor will cause the Stock Collateral to constitute at all times 100% of the total number of shares of each class of capital stock of each Issuer then outstanding.


More Definitions of Stock Collateral

Stock Collateral shall have the meaning assigned to that term in Section 2.01(a).
Stock Collateral has the meaning set forth in Section 3(c).
Stock Collateral shall have the meaning assigned to such term in Section 2(c) hereof.
Stock Collateral shall have the meaning provided in Section 10.15(d).
Stock Collateral means the common stock of or membership interests or other equity ownership interests in the Receivables Seller upon which a Bank Interest is granted or purported to be granted by the Borrower or any other owner thereof to the Banks or the Banks' Agent under any of the Loan Documents.
Stock Collateral means the collective reference to the following, whether now owned or existing or hereafter acquired or arising:
Stock Collateral means: (i) the Pledged Stock and all certificates and instruments, if any, from time to time representing such Pledged Stock, any contracts and instruments pursuant to which such Pledged Stock is created or issued, and all dividends, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Pledged Stock after the Initial Closing Date; and (ii) all additional shares of the capital stock of any Issuer Subsidiary (including any Asset Subsidiary that issues capital stock) from time to time acquired by a Grantor or issued by an issuer listed on Schedule I in any manner, including the capital stock of any Issuer Subsidiary that may be formed from time to time, and all warrants, options or other rights to acquire shares, and all certificates and