Continuous Pledge. The Pledgor shall, at all times, keep pledged to the Administrative Agent pursuant hereto all Pledged Shares and all other shares of Capital Stock constituting Pledged Collateral, all Dividends and Distributions with respect thereto, all Pledged Notes, all interest, principal and other proceeds received by the Administrative Agent with respect to the Pledged Notes, and all other Pledged Collateral and other securities, instruments, proceeds, and rights from time to time received by or distributable to the Pledgor in respect of any Pledged Collateral and will not permit any Pledged Share Issuer to issue any Capital Stock which shall not have been immediately duly pledged hereunder on a first priority perfected basis.
Appears in 10 contracts
Samples: Parent Pledge Agreement (Fibernet Telecom Group Inc\), Pledge Agreement (Fibernet Telecom Group Inc\), Subsidiary Pledge Agreement (Fibernet Telecom Group Inc\)
Continuous Pledge. The Pledgor shallwill, at all times, keep pledged to the Administrative Collateral Agent pursuant hereto all Pledged Shares and all other shares of Capital Stock capital stock constituting Pledged Collateral, all Dividends and Distributions with respect thereto, all Pledged Notes, all interest, principal and other proceeds received by the Administrative Collateral Agent with respect to the Pledged Notes, and all other Pledged Collateral and other securities, instruments, proceeds, and rights from time to time received by or distributable to the Pledgor in respect of any Pledged Collateral and will not permit any Pledged Share Issuer to issue any Capital Stock capital stock which shall not have been immediately duly pledged hereunder on a first priority perfected basis.
Appears in 8 contracts
Samples: Subsidiary Pledge Agreement (Foamex Fibers Inc), Subsidiary Pledge Agreement (Foamex Fibers Inc), Subsidiary Pledge Agreement (Foamex Fibers Inc)
Continuous Pledge. The Pledgor shallwill, at all times, keep pledged to the Administrative Agent pursuant hereto all Pledged Shares and all other shares of Capital Stock capital stock constituting Pledged Collateral, all Dividends and Distributions with respect thereto, all Pledged Notes, all interest, principal and other proceeds received by the Administrative Agent with respect to the Pledged Notes, and all other Pledged Collateral and other securities, instruments, proceeds, and rights from time to time received by or distributable to the Pledgor in respect of any Pledged Collateral and will not permit any Pledged Share Issuer to issue any Capital Stock capital stock which shall not have been immediately duly pledged hereunder on a first priority perfected basis.
Appears in 3 contracts
Samples: Holdings Pledge Agreement (Dri I Inc), Holdings Pledge Agreement (Dri I Inc), Patent Security Agreement (Dri I Inc)
Continuous Pledge. The Such Pledgor shallwill, at all times, keep pledged to the Administrative Agent pursuant hereto all Pledged Shares and all other shares of Capital Stock capital stock constituting Pledged Collateral, all Dividends and Distributions with respect thereto, all Pledged Notes, all interest, principal and other proceeds received by the Administrative Agent with respect to the Pledged Notes, and all other Pledged Collateral and other securities, instruments, proceeds, and rights from time to time received by or distributable to the such Pledgor in respect of any Pledged Collateral and will not permit any Pledged Share Issuer to issue any Capital Stock capital stock which shall not have been immediately duly pledged hereunder on a first priority perfected basis.
Appears in 2 contracts
Samples: Parent Pledge Agreement (Duane Reade Inc), Patent Security Agreement (Dri I Inc)
Continuous Pledge. The Subject to Section 2.4, the Pledgor shallwill, at ----------------- ----------- all times, keep pledged to the Administrative Agent pursuant hereto all Pledged Shares and all other shares of Capital Stock capital stock constituting Pledged Collateral, all Dividends and Distributions with respect thereto, all Pledged Notes, all interest, principal and other proceeds received by the Administrative Agent with respect to the Pledged Notes, and all other Pledged Collateral and other securities, instruments, proceeds, and rights from time to time received by or distributable to the Pledgor in respect of any Pledged Collateral Collateral, and will not permit any Pledged Share Issuer to issue any Capital Stock capital stock which shall not have been immediately duly pledged hereunder on a first priority perfected basis.
Appears in 1 contract
Samples: Security Agreement (Aristotle Corp)
Continuous Pledge. The Subject to Section 2.4, the Pledgor shallwill, ----------------- at all times, keep pledged to the Administrative Agent pursuant hereto all Pledged Shares and all other shares of Capital Stock capital stock constituting Pledged Collateral, all Dividends and Distributions with respect thereto, all Pledged Notes, all interest, principal and other proceeds received by the Administrative Agent with respect to the Pledged Notes, and all other Pledged Collateral and arid other securities, instruments, proceeds, and rights from time to time received by or distributable to the Pledgor in respect of any Pledged Collateral any. Collateral, and will not permit any Pledged Share Issuer to issue any Capital Stock capital stock which shall not have been immediately duly pledged hereunder on a first priority perfected basis.
Appears in 1 contract
Samples: Security Agreement (Aristotle Corp)
Continuous Pledge. The Pledgor shallwill, subject to the terms hereof, at all times, times keep pledged to the Administrative Agent pursuant hereto all Pledged Shares and all other shares of Capital Stock constituting Pledged Collateral, all rights to Dividends and Distributions with respect thereto, all Pledged Notes, all interest, principal and other proceeds received by the Administrative Agent with respect to the Pledged Notes, and all other Pledged Collateral and other securities, instruments, proceeds, and rights from time to time received by or distributable to the Pledgor in respect of any Pledged Collateral and will not permit any Pledged Share Issuer to issue any Capital Stock which shall not have been immediately duly pledged hereunder on a first priority perfected basis.
Appears in 1 contract
Samples: Pledge Agreement (Prosource Inc)