NOTICE OF PLEDGE. 4.1 Subject to Clause 4.3 below the Pledgor undertakes that it will without undue delay, but not later than twenty business days after the date of this Agreement, and, in relation to any Account opened after the date of this Agreement, within ten business days after such new Account has been opened, notify each Account Bank and any other relevant third party of the Pledges by delivering a notification substantially in the form set out in Schedule 3 (Form of Notice of Pledge) by registered mail (Einschreiben mit Rückschein). The Pledgor shall provide the Collateral Agent with a copy of each such notification and of the corresponding return receipt (Rückschein). In addition, the Pledgor shall use all reasonable efforts to procure that each Account Bank promptly acknowledges receipt of the respective notification, and acceptance of the terms thereof, to the Collateral Agent and to the Pledgor.
4.2 Without prejudice to the obligations imposed on the Pledgor in Clause 4.1 and, in the case of future Accounts, Clause 8.3, the Pledgor hereby authorises the Collateral Agent and releases it for this purpose from the restrictions of self-dealing under Section 181 of the German Civil Code to notify each Account Bank and any other relevant third party on its behalf of this Agreement and the Pledge constituted hereunder by delivering a notification substantially in the form set out in Schedule 3 (Form of Notice of Pledge), or in such substantially similar form as the Collateral Agent (acting on behalf of the Secured Parties) deems appropriate, provided that the Collateral Agent may only make use of this authorisation if the Pledgor has not complied with the obligations imposed on the Pledgor in Clause 4.1 within 10 business days of being notified of such failure (with a copy of such notice being sent to Xxxxxxxx Group Holdings Limited) and being requested to comply or if an Enforcement Event has occurred and is continuing.
4.3 The Pledgor shall not be under an obligation to comply with its obligation under Clause 4.1 above whilst an Enforcement Event is not continuing if the Pledgor can prove to the Collateral Agent (acting on behalf of the Secured Parties) that notifying the relevant Account Bank of the Pledge created hereunder would not be consistent with, whilst an Enforcement Event is not continuing, the Pledgor retaining control over and the ability to freely use the balance of any such Account. The Collateral Agent will not be required to use its discretion, but w...
NOTICE OF PLEDGE. Debtor shall, after the occurrence and during the continuation of an Event of Default, upon written request from Lender, cause each Consumer Loan Note evidencing a Consumer Loan to have conspicuously printed thereon a notation providing notice that such Consumer Loan Note has been pledged by Debtor to Lender.
NOTICE OF PLEDGE. 4.1 The Pledgor undertakes that it will without undue delay, but not later than within 10 (ten) business days after the date of this Agreement, notify each Account Bank of the Pledges by delivering a notification substantially in the form set out in Schedule 3 (Form of Notice of Pledge) by registered mail (Einschreiben mit Rückschein). The Pledgor shall provide the Bank Collateral Agent and the Notes Collateral Agent with a copy of each such notification and of the corresponding return receipt (Rückschein). In addition, the Pledgor shall use reasonable efforts to procure that each Account Bank promptly acknowledges receipt of the respective notification, and acceptance of the terms thereof, to each of the Collateral Agents and to the Pledgor.
4.2 Without prejudice to the obligations imposed on the Pledgor in Clause 4.1 and, in the case of future Accounts, Clause 9.3, the Pledgor hereby authorises each of the Bank Collateral Agent and the Notes Collateral Agent and releases it for this purpose from the restrictions of self-dealing under Section 181 of the German Civil Code to notify each Account Bank on its behalf of this Agreement and the Pledges constituted hereunder by delivering a notification substantially in the form set out in Schedule 3 (Form of Notice of Pledge), or in such form as any of the Collateral Agents deems appropriate.
NOTICE OF PLEDGE. Date: To: [Name of relevant Account Bank] We give you notice that Asyst SHINKO TAIWAN, INC. as pledgor (the “Pledgor”) has entered into an Accounts Pledge Agreement with _________ (“Taiwan Collateral Agent ”). Pursuant to the Accounts Pledge Agreement, the Pledgor has pledged in favor of the Taiwan Collateral Agent for the benefit of certain secured parties under certain credit agreement, the following accounts and all sums now or hereafter deposited in such accounts and all additions to or renewals or replacements thereof (in whatever currency) and all interest or other sums which may accrue from time to time thereon: Account Name: Account No.: Account Name: Account No.: You are hereby requested to waive your right of set-off against any balance in the above-mentioned accounts. Kindly acknowledge receipt of this notice and agreement to waive your right of set-off by signing in the space provided below. Asyst Shinko Taiwan, Inc. By: Name: Title: By: Name: Title: Acknowledged and agreed by [Name of relevant Account Bank] By: Name: Title: Date: To: [Name of relevant Account Bank] In accordance with the Accounts Pledge Agreement dated ___, 2007 between _________ (“Taiwan Collateral Agent”) and Asyst Shinko Taiwan Inc. (“the Pledgor”), Taiwan Collateral Agent executes this notice of continuing pledge on behalf of itself and the Pledgor that the following Accounts and their current credit balances as of the date hereof and interest thereon are and remain subject to the security of the Accounts Pledge Agreement: Account Name: Account No.: Account Name: Account No.: Asyst Shinko Taiwan Inc. By its authorized agent, Asyst Shinko Taiwan, Inc. By: Name: Title: By: Name: Title: Assignees: Address: [ ] Name: [ ] Address: [ ] Name: [ ] Address: [ ] Name: [ ]... ___ We, the undersigned Assignor, hereby confirm that we assigned to you, the Assignee, the Japanese patent rights identified below. We hereby consent to your filing unilaterally an application for recordation of the assignment. Identification of Patent Rights: Patent Nos.: [ ] Assignor: Address: [ ] Name: Asyst Technologies, Inc. Dated this day of , 2007 Signed* * Spelling of signatory’s name should be typed under Signature. Assignees: Address: [ ] Name: [ ] Address: [ ] Name: [ ] Address: [ ] Name: [ ]... ____ We, the undersigned Assignor, hereby confirm that we assigned to you, the Assignee, the Japanese trademark rights identified below. We hereby consent to your filing unilaterally an application for record...
NOTICE OF PLEDGE. Seller shall have, no less than ten (10) Business Days prior to the requested Purchase Date (or such shorter time period as may be approved by Purchaser in its sole discretion): (A) given notice to Purchaser of the proposed Transaction; and (B) with respect to each Eligible Asset subject to the pending Transaction, delivered to Purchaser the documents required pursuant to Exhibit VII hereto in accordance with the time frames set forth therein (unless otherwise waived by Purchaser).
NOTICE OF PLEDGE. On [date], CIEL Limited (the “Pledgor”) and Swan General Ltd (the “Pledgee”) acting as noteholders’ representative for and on behalf of holders of notes issued by the Pledgor under a multi-currency note programme dated [ ] (the “Programme”), entered into a share pledge agreement (the “Agreement”) to secure the payment obligations of the Pledgor under the Programme and has granted to the Pledgee, a first priority pledge on [ ] ordinary shares of the Company (“Shares”) held by the Pledgor together with all dividends, interest and other monies payable in respect of the Shares and all other rights, benefits and proceeds in respect of or derived from the Shares (whether by way of redemption, bonus, preference, option, substitution, conversion or otherwise), and any monies received from or in connection with any expropriation, requisition, seizure or similar action with respect to the Shares (the “Collateral Rights”).
NOTICE OF PLEDGE and Control Agreement (Issuer of Uncertificated Security)
NOTICE OF PLEDGE. Pursuant to the Inventory Pledge and Security Agreement, dated as of May 13, 2008 by and among (i) WACHOVIA BANK (the “Bank”); and QUALYTEXTIL S/A (the “Qualytextil”), and as Intervening and Consenting Parties; LAKELAND DO BRASIL EMPREENDIMENTOS E PARTICIPAÇÕES LTDA., and LAKELAND INDUSTRIES, INC; we hereby give in pledge and transfer to the Bank, under the terms and conditions of the above referred Inventory Pledge and Security Agreement and for the purposes specified therein, the following Substitute Goods: May 13, 2008 By: /s/ Xxxxxx X. Xxxxxx Name: Xxxxxx X. Xxxxxx Title: CFO QUALYTEXTIL S/A, A company duly organized and existing in accordance with the laws of Brazil, with its registered office in the City of Salvador, State of Bahia, at Rua Luxemburgo, s/nº, Loteamento Granjas Rurais, Presidente Xxxxxx, Quadra O, Lotes 82 and 83, São Caetano, Brazil, enrolled with the Brazilian Taxpayers Roll of the Ministry of Finance (CNPJ/MF) under no. 04.011.170/0001-22, herein duly represented in accordance with its Charter Documents, together with its successors and permitted assigns (the “Qualytextil”) hereby irrevocably and irreversibly appoints WACHOVIA BANK, duly organized and existing in accordance with the laws of New York, with its registered office at 00 Xxxx 00xx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, represented in accordance with its corporate documents (the “Bank”), as its attorney-in-fact to act in its name and place, with the following powers:
NOTICE OF PLEDGE. The Lessee undertakes to notify the Bank without delay of this pledge, and to request that confirmation of the receipt of the notice be sent to the Lessor. At the same time, however, the Lessee also authorizes the Lessor to give such notice on its behalf.
NOTICE OF PLEDGE. We acknowledge receipt of a notice of pledge dated ___, 2005 from [the Borrower] to ourselves notifying us that [the Borrower] VPS account no. [l] (the “Account”) has been pledged in favour of yourselves in accordance with the terms of a share pledge agreement dated ___, 2005. A copy of the notice of pledge is attached hereto. Capitalised terms used in the notice of pledge shall have the same meaning herein. We confirm that the security created by the Share Pledge Agreement has been registered against the Share Pledge Agreement recorded in the VPS. Furthermore, we confirm that it has been registered that [the Borrower] is not entitled to deal with the securities registered on the Account without your prior written consent. We attach hereto a true and correct transcript of the Account evidencing (i) all the securities registered on the Account in [l] and (ii) the registration on first priority of the security created by the Share Pledge Agreement. Dated ___, 2005 For and on behalf of [l] I, the undersigned [l], acting as [l] of [the Borrower], a [l] with a registered capital of [l] Euros whose registered office is located at [l] and registered with the Registry of Commerce and Companies of [l] under the number [l] (hereinafter the “Pledgor”), duly authorized by a decision of the board of directors of the Borrower dated [l], hereby grant as of the date hereof and until the end of the Security Period, as defined in the Share Pledge Agreement referred to below, full irrevocable power and authority to : - [l], — — with full power of substitution (hereinafter the “Security Agent”), acting on its own behalf, as well as agent for : ([l] hereinafter collectively the “Original Lenders ”) to, without notice to, or the consent of, Pledgor : — execute on behalf of Pledgor the Share Pledge Agreement dated -— 2005 between the Pledgor and the Security Agent (hereinafter the “Share Pledge Agreement”) and any other security agreement and such other documents of title required to be provided under the Single Currency Term Facility Agreement dated [l] and the Share Pledge Agreement; — execute on behalf of Pledgor the “Pledge of VPS Account”, a draft of which is attached hereto, pertaining to the shares pledged by Pledgor under the Share Pledge Agreement ; — give notice of the security created by the Share Pledge Agreement to the VPS Account Manager and procure that the VPS Account Manager acknowledges the same as set under the conditions set forth in section 2.4 of the Share ...