As to Pledged Shares. With respect to any Pledged Equity constituting Collateral, all of such Pledged Equity is duly authorized and validly issued, fully paid, and non-assessable. The Pledged Equity constitutes all of the issued and outstanding shares (and other rights) of equity ownership of each domestic Pledged Equity Issuer owned by Grantor and 65% of each foreign Pledged Equity Issuer.
Appears in 4 contracts
Samples: Security and Pledge Agreement (Integrity Media Inc), Security and Pledge Agreement (Integrity Media Inc), Security and Pledge Agreement (Integrity Inc)
As to Pledged Shares. With respect to any Pledged Equity constituting Collateral, all of such Pledged Equity is duly authorized and validly issued, fully paid, and non-assessable. The Pledged Equity constitutes all of the issued and outstanding shares (and other rights) of equity ownership of each domestic Pledged Equity Issuer owned by Grantor and 65% of each foreign Pledged Equity Issuerany Grantor.
Appears in 3 contracts
Samples: Master Security Agreement (Hearx LTD), Master Security Agreement (Bizness Online Com), Master Security Agreement (NBG Radio Network Inc)
