Subsidiary Pledgor definition

Subsidiary Pledgor or a "Pledgor" in the Pledge Agreement shall be deemed to include the New Pledgor. The Pledge Agreement is hereby incorporated herein by reference.
Subsidiary Pledgor shall have the meaning provided in the recitals hereto.
Subsidiary Pledgor means any Subsidiary of the Issuer that pledges its property and assets to secure the Notes, as provided in the Security Documents; provided that upon the release or discharge of such Subsidiary of the Issuer from its obligations to pledge its assets and property to secure the Notes in accordance with this Indenture, such Subsidiary of the Issuer ceases to be a Subsidiary Pledgor.

Examples of Subsidiary Pledgor in a sentence

  • The rights and obligations of each Pledgor hereunder shall remain in full force and effect notwithstanding the addition of any new Subsidiary Pledgor as a party to this Agreement.

  • Upon execution and delivery by the Collateral Agent and a Subsidiary of an instrument in the form of Annex 1, such Subsidiary shall become a Subsidiary Pledgor hereunder with the same force and effect as if originally named as a Subsidiary Pledgor herein.

  • All communications and notices hereunder to any Subsidiary Pledgor shall be given to it in care of the Borrower.

  • Each Subsidiary that is required to become a party to this Pledge Agreement pursuant to Section 9.11 of the Credit Agreement shall become a Subsidiary Pledgor, with the same force and effect as if originally named as a Pledgor herein, for all purposes of this Pledge Agreement, upon execution and delivery by such Subsidiary of a written supplement substantially in the form of Annex A hereto.

  • The Indenture also imposes limitations on the ability of the Issuer, each Subsidiary Pledgor and the Parent Guarantor to consolidate or merge with or into any other Person or convey, transfer or lease all or substantially all of its property.


More Definitions of Subsidiary Pledgor

Subsidiary Pledgor means each Subsidiary of the Borrower which owns capital stock of a Material Subsidiary of the Borrower other than Hoeganaes.
Subsidiary Pledgor or “Pledgor” in the Collateral Agreement shall be deemed to include the New Subsidiary. The Collateral Agreement is hereby incorporated herein by reference.
Subsidiary Pledgor means each Subsidiary of the Borrower listed on Schedule 1 hereto, and any other Person that becomes a Pledgor pursuant to Section 6.12 of the Term Loan Credit Agreement, in each case, unless and until such time as the respective Subsidiary Pledgor is released from all of its obligations under this Agreement in accordance with the terms and provisions hereof and of the Term Loan Credit Agreement.
Subsidiary Pledgor shall have the meaning set forth in the recitals hereto.
Subsidiary Pledgor or "Pledgor" in the Non-Shared Collateral Pledge Agreement shall be deemed, if applicable, to include the New Pledgor. The Non-Shared Collateral Pledge Agreement is hereby incorporated herein by reference.
Subsidiary Pledgor or a “Pledgor” in the Pledge Agreement shall be deemed to include each Additional Pledgor. The Pledge Agreement is hereby incorporated herein by reference.]1 1 Include only for Additional Pledgors that are not already signatories to the Pledge Agreement.
Subsidiary Pledgor means any of NV Holdings or Brooke