Consent to Pledge Sample Clauses
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Consent to Pledge. Each Grantor, in its capacity as a Grantor and a Pledged Issuer hereunder and in its capacity, if any, as a shareholder, member, partner or manager of any other Pledged Issuer, hereby acknowledges and consents to the grant of the security interest in the Collateral set forth herein as collateral security for the payment and performance of all of the Secured Obligations and agrees that: (i) notwithstanding the security interests of the Collateral Agent in the Collateral, the Collateral Agent shall have no obligation or liability whatsoever to any Grantor or Pledged Issuer, or (as between the Collateral Agent and such Grantor or Pledged Issuer) to any shareholder, member, partner or manager thereof or any creditor or other Person having any relationship, contractual or otherwise, with such Grantor or Pledged Issuer, nor shall the Collateral Agent be obligated to perform any of the obligations or duties of any Grantor or Pledged Issuer under the Constituent Documents of any Grantor or Pledged Issuer (unless and until the Collateral Agent is admitted as a partner or member of such Grantor or Pledged Issuer), or to take any action to collect or enforce any claim for payment due any Grantor arising thereunder, and (ii) in the event that the Collateral Agent forecloses or otherwise realizes on the Collateral or the interest of any other shareholder, member or partner, as the case may be, of any Pledged Issuer, notwithstanding anything to the contrary in the Constituent Documents of any Pledged Issuer, the Collateral Agent, its designee or the purchaser at any sale in connection with such foreclosure or realization, at such Person’s option, to the extent admission as a shareholder, member or partner, as the case may be, is subject to the consent of such undersigned, shall be admitted and/or substituted as a shareholder, member or partner, as the case may be, of such Pledged Issuer (and, to the extent required by the Constituent Documents of such Pledged Issuer, such Pledged Issuer hereby consents to such transfer, admission and/or substitution) and shall be entitled to receive all benefits and exercise all rights in connection therewith pursuant to the Constituent Documents of such Pledged Issuer; provided, however, that neither the Collateral Agent (nor any of its successors or assigns), its designee or such purchaser shall have any liability for matters in connection with the Pledged Interests arising or occurring, directly or indirectly, prior to such Person’s ...
Consent to Pledge. Notwithstanding any restrictions, rights or other requirements related to the sale, disposition, transfer or assignment of ownership interests in the Borrower under its Constituent Documents, Parent and the Borrower hereby agree that upon any such transfer or conveyance of the Pledged Securities, the Administrative Agent, its designee or such applicable other Person shall become the holder of an Equity Interest of the Borrower with all of the rights and powers associated therewith. Parent and the Borrower further agree that all of the terms and conditions of the Constituent Documents of the Borrower and any other similar documents and agreements of the Borrower that contradict or conflict with this Agreement (including, without limitation, this Section 7.05), shall be deemed waived, amended or superseded to the extent necessary to permit and reflect the terms of this Agreement.
Consent to Pledge. The Company acknowledges and agrees that, notwithstanding anything herein to the contrary, the Common Stock may be pledged by the Purchasers in connection with a bona fide margin agreement, which shall not be deemed to be a transfer, sale or assignment of the Common Stock hereunder, and the Purchasers effecting a pledge of Common Stock shall not be required to provide the Company with any notice thereof or otherwise make any delivery to the Company pursuant to this Agreement.
Consent to Pledge. Upon such Pledgor obtaining a consent from any party required under the Organization Documents of an Underlying Investment Fund in connection with the assignment of an investment in such Underlying Investment Fund to such Pledgor pursuant to the Acquisition Documents, such Pledgor shall (to the extent required under the Organization Documents of such Underlying Investment Fund) also obtain a consent from such party to the pledge of such investment by such Pledgor under this Security Agreement; provided, that the sole remedy of the Lender for a failure to obtain any such consent shall be to specify that such investment shall no longer constitute an Eligible Underlying Investment.
Consent to Pledge. Notwithstanding anything to the contrary in the Loan Agreement and/or any Loan Document, the Lenders hereby consent to (i) the pledge by the Borrower of all of the stock of WM to Steel City (the "WM Pledge") provided, however, that the Borrower provides to the Agent for review copies of all documentation applicable to the WM Pledge (including, but not limited to, the applicable Pledge Agreement, stock powers and stock transfers, and any other materials evidencing the WM Pledge, all in form and substance acceptable to the Agent (collectively, the "WM Pledge Documents") and (ii) the pledge by Air Group of all of the stock of each Borrower to Steel City (collectively, the "Borrower Pledge") provided, however, that Air Group provides to the Agent for review copies of all documentation applicable to the Borrower Pledge (including, but not limited to, the applicable Pledge Agreement, stock powers and stock transfers, and any other materials evidencing the Borrower Pledge, all in form and substance acceptable to the Agent (collectively, the "Borrower Pledge Documents").
Consent to Pledge. Counterparty consents to the pledge of and grant of a security interest by ICE Participant in accordance with the Rules in ICE Participant’s right, title and interest in and to the Covered Transaction Master Agreement, the Covered Transactions and the margin or collateral or other supporting obligations with respect thereto and all proceeds thereof (without prejudice to, and after giving effect to, any contractual netting or set-off provision under the Covered Transaction Master Agreement), in the following order of priority, (i) first, in favor of ICE Trust as security for ICE Participant’s obligations in respect of Client-Related Positions and (ii) second, in favor of other clients of ICE Participant with respect to transactions that are Non- Participant Contracts under the Rules and that have executed a Standard Terms Annex in the form approved under the Rules (“Other Counterparties”) as security for ICE Participant’s obligations in respect of such Non-Participant Contract with Other Counterparties.
Consent to Pledge. The Borrower acknowledges and consents to the pledge of the payments made by the Borrower on the Series 2019 Note to the payment of the Series 2019 Bonds, and agrees that the Issuer may enforce the rights, remedies and privileges granted to the Issuer hereunder, including the rights to receive payments under Sections 3.5 and 3.7 hereof.
Consent to Pledge. Service Provider consents to the pledge of, and security interest granted in, the Service Agreement by Lessee in favor of Lessor in connection with the Lease Agreement.
Consent to Pledge. Acquiror and Acquisition shall obtain the consent of its lender to (i) the pledge of all of the shares of common stock of the Surviving Corporation to the Stockholder as contemplated hereby and (ii) the incurrence of the indebtedness contemplated by the promissory note referred to in Section 1.3 and the Debenture, as contemplated hereby.
Consent to Pledge. Each of the MTA and the TBTA do hereby