ULC Shares definition

ULC Shares means shares or other equity interests in the capital stock of a ULC.

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ULC Shares means shares in any unlimited company at any time owned or otherwise held by the Obligor.

ULC Shares means the common shares in the capital of the ULC.

Examples of ULC Shares in a sentence

Pledge of Securities 8 Section 2.01 Pledge 8 Section 2.02 Delivery of the Pledged Collateral 9 Section 2.03 Representations, Warranties and Covenants 10 Section 2.04 Certification of Limited Liability Company and Limited Partnership Interests 12 Section 2.05 Registration in Nominee Name; Denominations 13 Section 2.06 Voting Rights; Dividends and Interest 13 Section 2.07 ULC Shares 15 Article III.
Therefore, notwithstanding any provisions to the contrary contained in this Agreement, the Credit Agreement or any other Loan Document, where a Grantor is the registered owner of ULC Shares which are Collateral of such Grantor, such Grantor will remain the sole registered owner of such ULC Shares until such time as such ULC Shares are effectively transferred into the name of the Collateral Agent, any other Secured Party, or any other Person on the books and records of the applicable ULC.
Each Grantor acknowledges that certain of the Collateral of such Grantor may now or in the future consist of ULC Shares, and that it is the intention of the Collateral Agent and each Grantor that neither the Collateral Agent nor any other Secured Party should under any circumstances prior to realization thereon be held to be a “member” or a “shareholder”, as applicable, of a ULC for the purposes of any ULC Laws.

More Definitions of ULC Shares

ULC Shares means shares in any ULC at any time owned or otherwise held by any Pledgor.

ULC Shares means shares in any ULC at any time owned or otherwise held by a Loan Party.

ULC Shares means shares or other equity interests issued by an unlimited company or an unlimited liability company or unlimited liability corporation incorporated or otherwise governed by the laws of any of the provinces of Canada (each, a “ULC”) (other than any shares or other equity interests issued by Open Text ULC, an unlimited liability company governed by the laws of Nova Scotia, or any successor thereof which is a ULC).

ULC Shares means Pledged Stock which consist of shares in the Equity Interests of any entity which is an unlimited company.

ULC Shares means securities or other equity interests in an Unlimited Company.

ULC Shares shall have the meanings set forth in Section 34 hereof.

ULC Shares means shares or other equity interests in the capital stock of a ULC. “Uniban Brands” includes, as the context requires, the Docteur du Pare-Brise Brand, the Go Glass Brand, the Star Auto Glass Brand, the Uniglass Brand, the VitroPlus Brand and certain other Trademarks, whether alone or in combination with other words or symbols, and any variations or derivatives of such Trademarks constituting Closing Date Securitization IP or After-Acquired Securitization IP of the Canadian Co-Issuer (but excluding any other Driven Securitization Brand), and, in each case of such Driven Securitization Brand or such other Trademarks, relating to or embodied in the sale of glass under such Driven Securitization Brand or other Trademark.