Pledged Units means any Units pledged by a Limited Partner to the Partnership or the General Partner, whether pursuant to this Agreement or by separate agreement.
Pledged Units has the meaning set forth in Section 10.8.
Pledged Units means (a) the Common Units that have been pledged, or any Common Units that become pledged, to the Administrative Agent for the benefit of the Lenders and the other secured parties pursuant to the Security Instruments (as defined in the Credit Agreement) as security for the repayment of all obligations owing to the Administrative Agent and the Lenders pursuant to the Credit Agreement and the other Loan Documents (as defined in the Credit Agreement), including, without limitation, the Common Units described on Schedule 1 attached hereto, and (b) any security issued in respect of a Common Unit because of or in connection with any conversion, dividend, distribution or split, or in connection with a combination of shares, recapitalization, merger or consolidation.
Examples of Pledged Units in a sentence
The AMC and / or the ISC will note and record such Pledged Units.
The AMC and / or the Registrar will note and record such Pledged Units.
Business Days of such Collateral Release Date, request the release of Pledged HEP Units (including all Pledged Units related thereto) with a Fair Market Value of Pledged HEP Units (as determined on such Collateral Release Date) of up the Excess Collateral Amount by submitting a written request to Secured Party.
The AMC and/or the ISC/Collection Centres will note and record such Pledged Units.
If the Applicable ROFR is exercised, the Pledged Units shall be sold free and clear of the pledge and security interest, or any other right, obligation or encumbrance created by this Agreement and the Proceeds therefrom shall remain a part of the pledged Collateral hereunder, and shall be applied to the Secured Obligations.
More Definitions of Pledged Units
Pledged Units means the HEP Units described on Schedule 1 attached hereto (as such schedule may be supplemented or otherwise modified from time to time pursuant to a supplement hereto or other written agreement executed by Pledgor and Secured Party).
Pledged Units mean each unit or item of Pledged Equipment.
Pledged Units means all of Pledgor’s right, title and interest in and to: (i) the Pledged HEP Units; (ii) any and all now existing and hereafter arising rights of Pledgor to receive distributions or payments from HEP pursuant to the Pledged HEP Units, whether in cash or in kind or in the form of other Partnership Securities, and all options, rights, warrants, appreciation rights and other economic rights and interests of any nature of Pledgor as a limited partner in HEP arising out of any Pledged HEP Units; (iii) any and all now existing and hereafter acquired voting rights of Pledgor arising out of any Pledged HEP Units, whether provided for under the Operating Agreements, applicable law or otherwise; (iv) if any Pledged Units are now or in the future evidenced in certificate form, the Pledged Units shall include all such certificates; and (v) all Proceeds of all of the foregoing. For avoidance of doubt, the “Pledged Units” do not include any HEP General Partner Interests (or any rights, distributions or proceeds arising out or derived from such HEP General Partner Interest), and Secured Party shall have no recourse against such HEP General Partner Interest arising out of or related in any way to this Pledge Agreement.
Pledged Units means (a) the Common Units that have been pledged, or any Common Units that from time to time become pledged, to the Noteholder Representative for the benefit of the Noteholders and any other secured parties pursuant to the Collateral Documents as security for the repayment of all obligations owing to the Noteholder Representative and the Noteholders pursuant to the Note Purchase Agreement and the other Notes Documents including, without limitation, the Common Units listed on Schedule 1 hereto, and (b) any security issued in respect of the Common Units described in clause (a) because of or in connection with any conversion, dividend, distribution or split, or in connection with a combination of shares, recapitalization, merger, consolidation or other reorganization.
Pledged Units shall have the meaning as set forth in Section 6.16 hereof. Ashford Hospitality Limited Partnership/Marriott Crystal City Gateway Agreement of Purchase and Sale
Pledged Units has the meaning specified in the Recitals.