Pledged Companies definition

Pledged Companies means each Person listed on Schedule 5 as a “Pledged Company”, together with each other Person, all or a portion of whose Equity Interests are acquired or otherwise owned by a Grantor after the Closing Date.

Pledged Companies means, each Person listed on Schedule 1 hereto as a “Pledged Company”, together with each other Person, all or a portion of whose Stock, is acquired or otherwise owned by a Pledgor after the Closing Date.

Pledged Companies means each Person listed on Schedule 3.5 as a “Pledged Company”, together with each other Person, all or a portion of whose Equity Interests are acquired or otherwise owned by any Loan Party after the Closing Date and is required to be pledged pursuant to Section 7.20.

Examples of Pledged Companies in a sentence

• The Issuer shall ensure that all shares in Pledged Companies, which from time to time are owned by a Group Company, are pledged in favour of the Agent and the Holders (represented by the Agent) as first ranking security in accordance with pledge agreements satisfactory to the Agent (acting reasonably).

• The Issuer shall procure that the net proceeds from a disposal of shares in a Pledged Company to any Person not being the Issuer or any of the Pledged Companies immediately upon receipt by the relevant Group Company is transferred to the Deposit Account.

• Moreover, the new legislation enables national regulators to keep the TSOs’ activities under scrutiny.

• The Pledged Share Collateral Guarantor and the Pledged Companies may change their respective addresses and transmission numbers by written notice to the Collateral Trustee.

• The result of the provisions was that the Guaranty Documents were only enforceable from the proceeds of the sale of the interests in the pledged companies, namely Deluxe, P.I.M., Venco, and their subsidiaries (collectively, the “Pledged Companies”), and the Lenders could not attempt to enforce the Guaranty Documents until they had made all reasonable efforts to exhaust the collateral aside from the interests in the Pledged Companies.

More Definitions of Pledged Companies

Pledged Companies means each Person all or a portion of whose Stock is acquired or otherwise owned by the Grantor after the date hereof.

Pledged Companies means each Person listed on Schedule 3 hereto as a “Pledged Company”, together with each other Person, all or a portion of whose Equity Interests, is acquired or otherwise owned by a Grantor after the Effective Date.

Pledged Companies means each direct Subsidiary of a Company that has issued Pledged Interests.

Pledged Companies means, each Person listed on Schedule IV hereto as a “Pledged Company,” together with each other Person all or a portion of whose Capital Stock is acquired or otherwise owned by a Grantor after the date hereof.

Pledged Companies means each Person listed on Schedule 9 of the Perfection Certificate as a “Pledged Company”, together with each other Person, all or a portion of whose Equity Interests is acquired or otherwise owned by a Grantor after the Closing Date.

Pledged Companies means (i) all Material Group Companies which as of the Issue Date are Subsidiaries, (ii) any property owning company acquired by use of funds released from the Deposit Account and (iii) any other company which from time to time is designated by the Issuer and the Agent as a Pledged Company (which, for the avoidance of doubt, shall include a designation of Tallinna Moekombinaat pursuant to Clause 12.8.2).

Pledged Companies has the meaning set forth in the above preliminary statement.