The Pledge Agreements Sample Clauses

The Pledge Agreements. Subject to the terms of each Pledge Agreement, the security interests created in favor of the Collateral Agent, as Pledgee, for the benefit of the Secured Creditors under such Pledge Agreement constitute first priority perfected security interests in the Collateral described in such Pledge Agreement, subject to no security interests of any other Person. Other than filings with the Companies House in London, England in connection with the UK Pledge Agreement (which filings shall have been made within 21 days from the Effective Date), no filings or recordings are required in order to perfect (or maintain the perfection or priority of) the security interests created in the Pledged Shares under either Pledge Agreement.
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The Pledge Agreements. (f) A secured guaranty and mortgage and security agreement, in form and substance satisfactory to Lender, executed by the Guarantor guarantying the lesser of (i) $7,852,665 of principal plus interest and fees due thereon, or (ii) 12.26% of Borrower's outstanding debt under the Vendor Supported Loans.
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The Pledge Agreements. 12.3.7 evidence of any necessary governmental or third party consents or approvals as required by Section 11.4;
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The Pledge Agreements. The Agent shall have received the Pledge Agreements, duly executed by each individual Pledgor, together with (i) such membership certificates or other evidence of ownership interest representing all the issued and outstanding Capital Stock or membership units of the Borrower held by the Pledgors, together with undated assignments executed in blank and (ii) such other documents as the Agent may require in connection with the perfection of its security interests therein.
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The Pledge Agreements. (f) An unsecured guaranty in amount, form and substance satisfactory to Lender, from the Vendor Guarantor.
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The Pledge Agreements upon possession by Agent of the original stock certificates evidencing shares in each of the Guarantors, creates in Agent for the benefit of all of the Banks a valid, perfected and enforceable lien in and to the capital stock described therein.
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The Pledge Agreements. 29 5.12 Representations and Warranties in Other Documents... 29 5.13 Properties.......................................... 29 5.14 Capitalization...................................... 29 5.15 Subsidiaries........................................ 29 5.16 Compliance with Statutes, etc....................... 30 5.17 Investment Company Act.............................. 30 5.18 Public Utility Holding Company Act.................. 30 5.19
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The Pledge Agreements. Subject to the terms of each Pledge Agreement, the security interests created in favor of the Collateral Agent, as Pledgee, for the benefit of the Secured Creditors under each Pledge Agreement constitute first priority perfected security interests in the Pledged Stock described in such Pledge Agreement, subject to no security interests of any other Person. No filings or recordings are required in order to perfect (or maintain the perfection or priority of) the security interests created in the Pledged Stock under either Pledge Agreement.
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The Pledge Agreements. The provisions of the Pledge Agreements are effective to create, upon effectiveness of the Merger, in favor of the Collateral Agent for the benefit of the Lenders a legal, valid and enforceable security interest in, and/or Lien on, all right, title and interest of L&LR and Cigar in the Collateral described therein. The security interests created in favor of the Collateral Agent, as Pledgee, for the benefit of the Lenders under the Pledge Agreements, upon delivery of the Pledged Stock to the Collateral Agent, will constitute first priority perfected security interests in the Pledged Stock described therein, subject to no security interests of any other Person. No filings or recordings are required in order to perfect (or, assuming the Collateral Agent's continuous possession of the Pledged Stock, maintain the perfection or priority of) the security interests created in the Pledged Stock and the proceeds thereof under the Pledge Agreements.
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Related to The Pledge Agreements

  • of the Pledge Agreement Upon the occurrence of a Termination Event, the Company shall promptly but in no event later than two Business Days thereafter give written notice to the Agent, the Collateral Agent and to the Holders, at their addresses as they appear in the Register.

  • Stock Pledge Agreement The term "Stock Pledge Agreement" shall have the meaning set forth in Section 6.3(xiii).

  • Pledge Agreements Duly executed originals of each of the Pledge Agreements accompanied by (as applicable) (a) share certificates representing all of the outstanding Stock being pledged pursuant to such Pledge Agreement and stock powers for such share certificates executed in blank and (b) the original Intercompany Notes and other instruments evidencing Indebtedness being pledged pursuant to such Pledge Agreement, duly endorsed in blank.

  • Pledge Agreement Other than as expressly permitted hereunder, the Pledge Agreement or any other Security Document pursuant to which the Capital Stock or Stock Equivalents of the Borrower or any Subsidiary is pledged or any material provision thereof shall cease to be in full force or effect (other than pursuant to the terms hereof or thereof or as a result of acts or omissions of the Collateral Agent or any Lender) or any pledgor thereunder or any Credit Party shall deny or disaffirm in writing any pledgor’s or Credit Party’s obligations under any Security Document; or

  • Negative Pledge Agreements Neither the Borrower nor any Subsidiary will create, incur, assume or suffer to exist any contract, agreement or understanding (other than this Agreement and the Security Instruments) which in any way prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its Property or restricts any Subsidiary from paying dividends to the Borrower, or which requires the consent of or notice to other Persons in connection therewith.

  • The Pledge As collateral security for the timely and complete payment and performance when due (whether at stated maturity, by acceleration or otherwise) of any or all of the payments due by Party C, including without limitation the consulting and services fees payable to the Pledgee under the Business Cooperation Agreement, Pledgor hereby pledges to Pledgee a first security interest in all of Pledgor’s right, title and interest, whether now owned or hereafter acquired by Pledgor, in the Equity Interest of Party C.

  • Pledge and Security Agreement The security interest granted pursuant to this Agreement is granted in conjunction with the security interest granted to the Security Agent for the Secured Parties pursuant to the Pledge and Security Agreement, and the Grantors hereby acknowledge and affirm that the rights and remedies of the Security Agent with respect to the security interest in the Copyright Collateral made and granted hereby are more fully set forth in the Pledge and Security Agreement, the terms and provisions of which are incorporated by reference herein as if fully set forth herein. In the event that any provision of this Agreement is deemed to conflict with the Pledge and Security Agreement, the provisions of the Pledge and Security Agreement shall control.

  • Pledge Amendments To the extent any Pledged Collateral has not been delivered as of the Closing Date, such Grantor shall deliver a pledge amendment duly executed by the Grantor in substantially the form of Annex 1 (each, a “Pledge Amendment”). Such Grantor authorizes the Administrative Agent to attach each Pledge Amendment to this Agreement.

  • ENFORCEMENT OF THE PLEDGE 6.1 If (i) an Enforcement Event has occurred and is continuing and (ii) the requirements set forth in Sections 1273 para 2, 1204 et seq. of the German Civil Code with regard to the enforcement of the Pledges are met (Pfandreife), in particular, if any of the Obligations have become due and payable, then in order to enforce the Pledges, the Collateral Agent (acting on the instructions of the Secured Parties) may at any time thereafter avail itself of all rights and remedies that a pledgee has against a pledgor under the laws of the Federal Republic of Germany.

  • Secured Hedge Agreements and Secured Cash Management Agreements No Cash Management Bank or Hedge Bank that obtains the benefits of Section 10.4 or any Collateral by virtue of the provisions hereof or of any Security Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article XI to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Secured Cash Management Agreements and Secured Hedge Agreements unless the Administrative Agent has received written notice of such Secured Cash Management Agreements and Secured Hedge Agreements, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be.

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