Common use of Foreign Subsidiary Stock Clause in Contracts

Foreign Subsidiary Stock. Notwithstanding Section 7.1, the Collateral shall include only 65% of the voting stock of any Foreign Subsidiary.

Appears in 46 contracts

Samples: Loan and Security Agreement (Orion Energy Systems, Inc.), Loan, Security and Guarantee Agreement (GEE Group Inc.), Loan and Security Agreement (P&f Industries Inc)

AutoNDA by SimpleDocs

Foreign Subsidiary Stock. Notwithstanding Section 7.1, the The Collateral shall include only 65% of the voting stock Voting Stock of any Foreign SubsidiarySubsidiary to the extent such Voting Stock secures any Obligation.

Appears in 7 contracts

Samples: Term Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Commercial Vehicle Group, Inc.), Loan and Security Agreement (Commercial Vehicle Group, Inc.)

Foreign Subsidiary Stock. Notwithstanding Section 7.1, the Collateral shall include only 65% of the voting stock of any Foreign Subsidiary, and any stock in excess of such percentage shall be an Excluded Asset.

Appears in 6 contracts

Samples: First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.), First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.), First Lien Loan and Security Agreement (Duckhorn Portfolio, Inc.)

Foreign Subsidiary Stock. Notwithstanding Section 7.1, the Collateral shall include only 65% of the voting stock securities of any first tier Foreign Subsidiary.

Appears in 5 contracts

Samples: Loan and Security Agreement (Bon Ton Stores Inc), Loan and Security Agreement (Bon Ton Stores Inc), Loan and Security Agreement (Bon Ton Stores Inc)

Foreign Subsidiary Stock. Notwithstanding Section 7.1, the Collateral shall include only 6566% of the voting stock of any Foreign Subsidiary, and any stock in excess of such percentage shall be an Excluded Asset.

Appears in 3 contracts

Samples: Loan and Security Agreement (Bespoke Capital Acquisition Corp), Loan and Security Agreement (Vintage Wine Estates, Inc.), Loan and Security Agreement (Bespoke Capital Acquisition Corp)

Foreign Subsidiary Stock. Notwithstanding Section 7.1, the Collateral shall include only 65% of the voting stock Equity Interests of any Foreign Subsidiary.

Appears in 2 contracts

Samples: Loan and Security Agreement (Imperial Sugar Co /New/), Loan and Security Agreement (Merix Corp)

Foreign Subsidiary Stock. Notwithstanding Section 7.17.1 , the Collateral shall include only 65% of the voting stock of any Foreign Subsidiary. SECTION 8.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Key Tronic Corp)

Foreign Subsidiary Stock. Notwithstanding Section SECTION 7.1, the Collateral shall include only 65% of the voting stock of any Foreign Subsidiary.

Appears in 1 contract

Samples: Loan and Security Agreement (WHX Corp)

Foreign Subsidiary Stock. Notwithstanding Section 7.1, the Collateral shall include only be limited to 65% of the voting stock of any Foreign Subsidiary.

Appears in 1 contract

Samples: Loan and Security Agreement (Nautilus, Inc.)

Foreign Subsidiary Stock. Notwithstanding anything to the contrary in Section 7.1, the Collateral shall include only 65% of the voting stock of any Foreign Subsidiary, to the extent that such voting stock is included in the Collateral.

Appears in 1 contract

Samples: Loan and Security Agreement (Superior Essex Inc)

Foreign Subsidiary Stock. Notwithstanding Section 7.1, the Collateral shall include only 65% of the voting stock of any Foreign SubsidiarySubsidiary or Foreign Subsidiary Holding Company.

Appears in 1 contract

Samples: Loan and Security Agreement (Vizio Holding Corp.)

AutoNDA by SimpleDocs

Foreign Subsidiary Stock. Notwithstanding Section 7.1, the The Collateral shall include only 65% of the voting stock Voting Stock of any Foreign Subsidiary.

Appears in 1 contract

Samples: Security Agreement (Commercial Vehicle Group, Inc.)

Foreign Subsidiary Stock. Notwithstanding Section 7.1, the Collateral shall include only 65% of the voting stock of any Foreign Subsidiary.. ​

Appears in 1 contract

Samples: Loan and Security Agreement (Adara Acquisition Corp.)

Foreign Subsidiary Stock. Notwithstanding Section 7.1SECTION 7, the Collateral shall include only 65% of the voting stock of any Foreign Subsidiary.

Appears in 1 contract

Samples: Loan and Security Agreement (Hines Horticulture Inc)

Foreign Subsidiary Stock. Notwithstanding Section 7.14.1, the Collateral shall include only 65% of the voting stock of any Foreign Subsidiary.

Appears in 1 contract

Samples: Guaranty and Security Agreement (Merix Corp)

Foreign Subsidiary Stock. Notwithstanding Section 7.1, the The Collateral shall include only 65% of the voting stock Voting Stock of any Foreign Subsidiary.Subsidiary to the extent such Voting Stock secures any Obligation. 75 NAI-1507796678v9

Appears in 1 contract

Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.)

Foreign Subsidiary Stock. Notwithstanding Section 7.1, the Collateral shall include only 65% of the voting stock securities of any Foreign Subsidiary.

Appears in 1 contract

Samples: Loan and Security Agreement (Bon Ton Stores Inc)

Foreign Subsidiary Stock. Notwithstanding Section 7.1, the The Collateral shall include only 65% of the voting stock Voting Stock of any First Tier Foreign Subsidiary and shall not include any Capital Stock of any Foreign Subsidiary that is not a First-Tier Foreign Subsidiary.

Appears in 1 contract

Samples: Loan and Security Agreement (Commercial Vehicle Group, Inc.)

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