Common use of Pledged Shares Clause in Contracts

Pledged Shares. (i) Grantors will cause the Pledged Shares to constitute at all times 100% of the total number of Shares that are not Excluded Shares of each Issuer then outstanding owned by Grantors.

Appears in 6 contracts

Samples: Security Agreement (Icagen, Inc.), Security Agreement (Icagen, Inc.), Security Agreement (Icagen, Inc.)

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Pledged Shares. (i) Grantors will cause the Pledged Shares to constitute at all times 100% of the total number of Shares that are not Excluded Shares of each Issuer then outstanding owned by Grantors.

Appears in 4 contracts

Samples: Security Agreement (Biodesix Inc), Credit Agreement (Biodesix Inc), Security Agreement (GeneDx Holdings Corp.)

Pledged Shares. (i) Grantors will cause the Pledged Shares to constitute at all times 100% of the total number of Shares that are not Excluded Shares of each Issuer then outstanding owned by Grantors.

Appears in 1 contract

Samples: Credit Agreement (Molecular Templates, Inc.)

Pledged Shares. (i) The Grantors will cause the Pledged Shares to constitute at all times 100% of the total number of Shares that are not Excluded the then outstanding Shares of each Issuer then outstanding owned by the Grantors.

Appears in 1 contract

Samples: Security Agreement (Axogen, Inc.)

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Pledged Shares. (i) Grantors The Grantor will cause the Pledged Shares (if any) to constitute at all times 100% of the total number of Shares that are not Excluded Shares of each Issuer then outstanding owned by Grantorsthe Grantor.

Appears in 1 contract

Samples: Security Agreement (Jubilant Generics Inc.)

Pledged Shares. (i) The Grantors will cause the Pledged Shares to constitute at all times 100% of the total number of Shares that are not Excluded Shares of each Issuer then outstanding owned by Grantorsthe Grantors except for Shares constituting Excluded Assets.

Appears in 1 contract

Samples: Security Agreement (Viveve Medical, Inc.)

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