Dutch Pledge definition

Dutch Pledge means the Dutch law governed pledge over shares dated the Closing Date between the Borrower, as pledgor, and Alliance One International Xxxxx B.V., as the company, and the Collateral Agent, as collateral agent, in respect of the pledge by the Borrower over its shares in Alliance One International Xxxxx B.V.

Dutch Pledge is defined in Section 11.12 hereof.

Dutch Pledge means the Dutch law governed pledge over shares dated the Issue Date between Alliance One International Holdings, Ltd., as pledgor, Intabex Netherlands B.V. as the company, and the Collateral Agent, as collateral agent, in respect of the pledge by Alliance One International Holdings, Ltd. over its shares in Intabex Netherlands B.V.

Examples of Dutch Pledge in a sentence

• The parties hereto acknowledge and agree that, for purposes of a Dutch Pledge, any resignation by the Administrative Agent is not effective until its rights under the Parallel Debt are assigned to the successor Administrative Agent.

• The parties hereto acknowledge and agree that, for purposes of a Dutch Pledge, any resignation by the Collateral Agent is not effective until its rights under the Parallel Debt are assigned to the successor Collateral Agent.

• For the purpose of taking and ensuring the continuing validity and enforceability of the security created under the EMEA Dutch Pledge, the EMEA Guarantor hereby agrees and covenants with the Administrative Agent that it shall pay to the Administrative Agent an amount equal to, and in the currency of, any sums owing by it to a Secured Party under any Transaction Document (the “Principal Obligations”) as and when the same fall due for payment under the relevant Transaction Document (the “Parallel Debt”).

• Without limiting the foregoing, the Collateral Agent is authorized to enter into the Dutch Pledge Agreement and exercise its rights thereunder.

• Without prejudice to the provisions of this Agreement and the other Loan Documents, the parties hereto acknowledge and agree with the creation of parallel debt obligation of the Pledgors as will be described in the Parallel Debt(s) (both as defined in the Dutch Pledge Agreement) including that any payment received by the Collateral Agent in respect of the Parallel Debt(s) will be deemed a satisfaction of a pro rata portion of the corresponding amounts of the Obligations.

More Definitions of Dutch Pledge

Dutch Pledge means the first ranking right of pledge of claims, to be entered into on the Issue Date, by and among the Company, Exide C.V. and the Collateral Agent, substantially in the form attached hereto as Exhibit G, as amended, modified, restated, supplemented or replaced from time to time as permitted by this Indenture.

Dutch Pledge has the meaning specified in Article X.

Dutch Pledge means that certain pledge agreement executed by Xxxxxx Holdings Inc. in favor of the Administrative Agent, for the ratable benefit of the Secured Parties, relating to the Equity Interests of Xxxxxx Global C.V., which shall be in form and substance reasonably acceptable to the Administrative Agent.

Dutch Pledge means an equipment pledge agreement substantially in the form of Exhibit B.

Dutch Pledge means the deed of pledge over registered shares in the capital of Bird Rides Europe B.V., by Bird Rides International Holding, Inc. as pledgor, Bird Rides Europe B.V. as company and the Collateral Agent as pledgee.

Dutch Pledge means the deed of pledge over registered shares in the capital of Bird Rides Europe B.V., by Bird Rides International Holding, Inc. as pledgor, Bird Rides Europe B.V. as company and the Collateral Agent as pledgee. “Excluded Accounts” means (i) Deposit Accounts used exclusively for trust, payroll, taxes and other employee wage or employee benefit payments to or for the benefit of any Grantor’s employees, (ii) Deposit Accounts in which the amount on deposit does not exceed (a) for all Deposit Accounts, $100,000 in any single Deposit Account, and (b) for all Deposit Accounts, $500,000 in the aggregate in all such Deposit Accounts at any time for all Grantors, (iii) zero balance accounts and (iv) any fiduciary or trust accounts, in each case solely to the extent such accounts contain only amounts designated for fiduciary or trust liabilities to third parties. “Excluded Assets” means: (a) any assets of Skinny Labs, Inc., to the extent security interests in such assets are prohibited or restricted under the terms of that certain secured promissory note issued by Parent to Tier Mobility SE, a company incorporated in Germany with registered number HRB 236551 B, on the date hereof (other than to the extent that any such term would be rendered ineffective pursuant to Sections 9- 406, 9-407, 9-408, or 9-409 of the UCC (or any successor provision or provisions) so long as such restrictions or prohibitions are in effect, (b) at all times from and after the Bird Canada Collateral Release Event, Equity Interests in Bird Canada Scooters Inc., (c) any Equity Interest in a Foreign Subsidiary Holding Company or an Excluded Foreign Subsidiary in excess of 65% of the issued and outstanding Equity Interests of such Subsidiary entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)), and 100% of the issued and outstanding Equity Interests of such Subsidiary not entitled to vote (within the meaning of Treas. Reg. Section 1.956-2(c)(2)), (d) any governmental licenses or state or local franchises, charters and authorizations, to the extent security interests in such licenses, franchises, charters or authorizations are prohibited or restricted thereby (other than to the extent that any such term would be rendered ineffective pursuant to Sections 9-406, 9-407, 9-408, or 9-409 of the UCC (or any successor provision or provisions) of any relevant jurisdiction or any other applicable law or principles of equity, in each case, unless preempted) so long as such restrict...

Dutch Pledge means a pledge over Stock held for the Company by Furness Logistics BV, at Trade Boulevard 4, Haven nummer 5284761, RL Moerdijk, the Netherlands and other locations;