Stock Pledges definition

Stock Pledges the stock pledges to be executed by each Obligor, in favor of Agent, whereby each Obligor pledges the stock of its Subsidiaries (other than Excluded Subsidiaries) as security for the Obligations.

Stock Pledges means any of the pledge agreements (in form substantially similar to that previously executed and delivered by Company to Agent) pursuant to which Agent is granted a Lien for the benefit of the Banks in stock of a Wholly-Owned Subsidiary and the interest of a Wholly-Owned Subsidiary in a Subsidiary.

Stock Pledges means collective reference to the Stock Pledge (Gaming) and the Stock Pledge (General).

Examples of Stock Pledges in a sentence

• As mentioned, following the filing of the Initial Plan, the Minority Lenders asserted for the first time their contention that the Stock Pledges entitled the Lender Group to potentially the entirety of the FHS Recovery as well as all payments to the Litigation Trust in respect of the EON (as described below) as the "proceeds" of the Stock Pledge in respect of SNTLHC.

• Agent shall have received duly executed copies of this Agreement and the other Loan Documents, including without limitation, the Notes and the Stock Pledges, together with such additional documents, instruments and certificates as Agent shall require in connection therewith from time to time.

• On or prior to the date of this Agreement, Borrower shall have provided for the termination of all UCC filings against the Borrower or any Subsidiary and the delivery to Administrative Agent's possession of all stock certificates encumbered by the Stock Pledges, together with duly completed stock powers, and any other documentation required by the Stock Pledges.

• The Loans shall be secured by inter alia (1) the Mortgage creating a first priority lien on each Individual Property, (2) the Assignment of Leases and Rents creating a first priority lien on such Leases and Rents with respect to each Individual Property, (3) the Stock Pledges and Membership Pledges, (4) the assignment by the Borrowers to the Administrative Agent of the Interest Rate Cap Agreement pursuant to the Collateral Assignment of Interest Rate Cap Agreement, and (5) the other Loan Documents.

• Additional Guaranties, Stock Pledges and Further Assurances............................................52 Section 6.14.

More Definitions of Stock Pledges

Stock Pledges has the meaning set forth in Section 17.1.

Stock Pledges means, collectively, the Pledge, Assignment and Security Agreement executed and delivered in favor of the Lender on or about the date of this Agreement by the US Borrower and the UK Share Charges covering shares in certain designated Subsidiaries, as the same may from time to time be amended, restated, supplemented or otherwise modified.

Stock Pledges means collective reference to the Security Agreements and Stock Pledges to be executed and delivered into escrow on behalf of the Banks as of the Closing Date, pursuant to which, subject to the prior approval of all necessary Gaming Authorities, the stock of CPI, ACLVI, ACCBI and ACVI is pledged by ACI to Agent Bank on behalf of Lenders as security for the Bank Facilities and all other sums which may be owing by Borrowers to the Banks from time to time under the terms of the Credit Agreement.

Stock Pledges means any of the Collateral Documents pursuant to which Agent is granted a Lien for the benefit of the Banks in Stock of a Subsidiary.

Stock Pledges means either of the Security Agreement Stock Pledges, dated as of January 30, 1998, by Celebrity and Star, respectively, in favor of Foothill.

Stock Pledges means each Security Agreement (Stock Pledge) in substantially in the form of Exhibit F, and any amended and restated form of that agreement, executed and delivered to the Agent by each owner of the outstanding stock of each Subsidiary of Borrower, securing the payment and performance of the Obligations.

Stock Pledges. With the exception of the Borrower’s NeuCo subsidiary, the Borrower agrees to execute Stock Pledge Agreements for: (i) 100% of its stock of all existing and future wholly- owned United States subsidiaries; (ii) 65% of its stock of all existing and future wholly-owned foreign subsidiaries. Borrower shall not be required to pledge any second tier subsidiaries and may fold subsidiaries up into the Borrower or another subsidiary that has pledged its stock. As used herein a “second tier subsidiary” shall be a subsidiary of a subsidiary.”