Common use of Extent of the Pledge Clause in Contracts

Extent of the Pledge. The Pledge constituted by this Agreement includes the present and future rights to receive (a) dividends, if any, payable on the Shares; (b) liquidation proceeds, consideration for redemption (Einziehungsentgelt), repaid capital in case of a capital decrease, any compensation in case of termination (Kündigung) or withdrawal (Austritt) of a shareholder of the Company, the surplus in case of surrender (Preisgabe) and all other pecuniary claims associated with the Shares; and (c) the right to subscribe for newly issued shares.

Appears in 2 contracts

Samples: Secondary Share Pledge Agreement (Kabel Deutschland GmbH), Share Pledge Agreement (Kabel Deutschland GmbH)

AutoNDA by SimpleDocs

Extent of the Pledge. The Pledge constituted by this Agreement includes the present and future rights to receive: (a) dividends, if any, payable on the Shares; (b) liquidation proceeds, consideration for redemption (Einziehungsentgelt), repaid capital in case of a capital decrease, any compensation in case of termination (KündigungKundigung) or and/or withdrawal (Austritt) of a shareholder of the Company, the surplus in case of surrender (Preisgabe) and all other pecuniary claims associated with the Shares; and (c) the right to subscribe for newly issued sharesshares associated with the Shares.

Appears in 2 contracts

Samples: Share Pledge Agreement (Solutia Inc), Share Pledge Agreement (Solutia Inc)

AutoNDA by SimpleDocs

Extent of the Pledge. The Pledge Pledges constituted by this Agreement includes include the present and future rights to receive: (a) dividends, if any, payable on the relevant Shares; (b) liquidation proceeds, consideration for redemption (Einziehungsentgelt), repaid capital in case of a capital decrease, any compensation in case of termination (Kündigung) or and/or withdrawal (Austritt) of a shareholder of the Company, the surplus in case of surrender (Preisgabe) and all other pecuniary claims associated with the relevant Shares; and (c) the right to subscribe for newly issued sharesShares.

Appears in 1 contract

Samples: Share Pledge Agreement

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!