Pledged Subsidiary definition

Pledged Subsidiary means each Subsidiary in respect of which the Administrative Agent has been granted a security interest in or a pledge of (a) any of the Capital Securities of such Subsidiary or (b) any intercompany notes of such Subsidiary owing to the Borrower or another Subsidiary.

Pledged Subsidiary means any Subsidiary whose issued and outstanding equity interests are pledged pursuant to the applicable Pledge Agreement. As of the Closing Date, the Pledged Subsidiaries shall be those entities listed on Schedule 5.

Pledged Subsidiary means a Material Foreign Subsidiary of the Borrower, the Equity Interests of which have been pledged in favor of the Pledgee pursuant to the Pledge Agreement.

Examples of Pledged Subsidiary in a sentence

• The Hale Shares shall be "Pledged Subsidiary Shares" under the Senior Pledge Agreement, the Hale Intercompany Note shall be a "Pledged Subsidiary Note" under the Senior Pledge Agreement and the Hale Shares and the Hale Intercompany Note shall be "Pledged Property" under the Senior Pledge Agreement.

• Upon a determination by CoBank to grant such a request, for purposes of this Pledge Agreement such entity shall no longer be considered a Pledged Subsidiary, all such shares, capital stock, securities, cash, property and other proceeds shall no longer be considered part of the Pledged Collateral, and CoBank shall deliver to the Pledgor UCC termination statements and any other documents reasonably requested by the Pledgor to evidence such release.

• Likewise, you should not conceal information from Chemtrade’s internal and external accounting and environmental auditors or internal and external legal counsel.

• The Micropump Shares shall be "Pledged Subsidiary Shares" under the Senior Pledge Agreement, the Micropump Intercompany Note shall be a "Pledged Subsidiary Note" under the Senior Pledge Agreement, and the Micropump Shares and the Micropump Intercompany Note shall each be "Pledged Property" under the Senior Pledge Agreement.

• Xxxxxx & Company, Inc./ a Delaware corporation Common 1,000 1,000 1,000 1 $0.01 N/A Name of Pledgor Name, Jurisdiction of Formation, and Type of Entity of Pledged Subsidiary Class or Type of Pledged Interest Total Amount of Class or Type of Pledged Interests Authorized Total Amount of Class or Type Outstanding Total Amount Pledged Certificate Number Par Value (if applicable) Name of Transfer Agent (if any) Tetra Tech, Inc.

More Definitions of Pledged Subsidiary

Pledged Subsidiary has the meaning specified in the Pledge Agreement.

Pledged Subsidiary means any Subsidiary Guarantor owned directly or indirectly by the Company, the Equity Interests of which do not constitute Excluded Pledged Collateral.

Pledged Subsidiary means a Foreign Subsidiary of the Company (i) with respect to which (A) sixty-five percent (65%) of the voting Equity Interests and (B) one hundred percent (100%) of the non-voting Equity Interests of such Foreign Subsidiary has been pledged to the Administrative Agent pursuant to a Pledge Agreement for the ratable benefit of the Lenders and, to the extent required by the NPAs, the Noteholders or (ii) which is a Wholly- Owned Subsidiary of a Pledged Subsidiary.

Pledged Subsidiary means each Foreign Subsidiary a portion of the Equity Interests of which has been pledged pursuant to a Pledge Agreement in accordance with Section 5.10.

Pledged Subsidiary means a direct Subsidiary of the Borrower or AES BVI II listed on Schedule I hereto, whose Equity Interests have been pledged to the Collateral Trustees for the benefit of the Secured Holders by the Borrower or AES BVI II, as applicable, pursuant to the Security Agreement or the BVI Cayman Pledge Agreement.

Pledged Subsidiary means a Subsidiary of the Borrower, any of the Capital Stock of which is subject to a Stock Acquisition Lien or any other Lien.

Pledged Subsidiary means a Person that has issued any Equity Interest that constitutes any part of the Pledged Collateral.