Nature of Pledged Securities. The Pledged Securities have been duly and validly issued and are fully paid and non-assessable, provided that this Section shall apply only to Pledged Securities representing equity interests in entities that are also Guarantors.
Appears in 12 contracts
Samples: Stock Pledge Agreement (Marconi Corp PLC), Stock Pledge Agreement (Marconi Corp PLC), Stock Pledge Agreement (Marconi Corp PLC)
