Common use of As to Pledged Interests Clause in Contracts

As to Pledged Interests. The Pledged Interests constitute 100% of Pledgor’s interest in each Pledged Interests Issuer and 100% of the total stock, membership, partnership and/or other equity interests in each Pledged Interests Issuer. The Pledged Interests are duly registered in the ownership records of each Pledged Interests Issuer maintained in the principal office of such issuer. Such registration continues valid and genuine and has not been altered. All Pledged Interests have been duly authorized and validly issued and registered, are fully paid and (except in the case of any Pledged Interests Issuer that is a limited liability company or limited partnership) non-assessable, and were not issued in violation of the preemptive rights, if any, of any Person or of any agreement by which Pledgor or any Pledged Interests Issuer is bound. All documentary, stamp or other taxes or fees owing in connection with the registration, issuance, transfer or pledge of Collateral have been paid. No restrictions or conditions exist with respect to the registration, transfer, voting or capital of any Pledged Interests. Pledgor has no outstanding rights, rights to subscribe, options, warrants or convertible securities outstanding or any other rights outstanding whereby any Person would be entitled to acquire any stock, membership, partnership or other equity interests of any Pledged Interests Issuer. All requisite formalities for the granting of a security interest in the Pledged Interests required pursuant to the Organizational Documents of Pledgor and each Pledged Interests Issuer have been complied with on or prior to the execution and delivery of this Pledge Agreement.

Appears in 3 contracts

Samples: Put Agreement, Put Agreement (Nant Health, LLC), Put Agreement

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As to Pledged Interests. The All of the Pledged Interests constitute one hundred percent (100% %) of the Pledgor’s interest 's interest, in each the Pledged Interests Issuer and 100% the percentage of the total stock, membership, partnership and/or other equity interests in each the Pledged Interests IssuerIssuer indicated on Attachment 1. The Pledgor has no Subsidiaries other than the Pledged Interests Issuers. The Pledged Interests are duly registered in the permanent ownership records of each the Pledged Interests Issuer and clearly show the Collateral Agent's security interest for the benefit of each Lender Party, and such registration is maintained in the principal office of such issuerPledged Interests Issuer. Such registration continues valid and genuine and has not been altered. All Pledged Interests have been duly authorized and validly issued and registered, are fully paid and (except in the case of any Pledged Interests Issuer that is a limited liability company or limited partnership) non-assessable, and were not issued in violation of the preemptive rights, if any, of any Person or of any agreement by which Pledgor or any Pledged Interests Issuer Borrower is bound. All documentary, stamp or other taxes or fees owing in connection with the registration, issuance, transfer or pledge of Collateral have been paid. No restrictions or conditions exist with respect to the registration, transfer, voting or capital of any Pledged Interests. The Pledged Interests constitute the percentage of ownership as indicated on Attachment 1. The Pledgor has no outstanding rights, rights to subscribe, options, warrants or convertible securities outstanding or any other rights outstanding whereby any Person would be entitled to acquire any stock, membership, partnership member interests or other equity interests units of any Pledged Interests Interest Issuer. All requisite formalities for the granting of a security interest in the Pledged Interests required pursuant to the Organizational Documents organic documents of the Pledgor and each or of the Pledged Interests Interest Issuer have been complied with on or prior to the execution and delivery of this Pledge Agreement.

Appears in 1 contract

Samples: Pledge Agreement (National Energy Group Inc)

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