Ownership of Pledged Collateral. Except as otherwise permitted by the Indenture, Pledgor at all times will be the sole beneficial owner of the Pledged Collateral.
Appears in 2 contracts
Samples: Securities Pledge Agreement (Seven Seas Steamship Co Nv), Securities Pledge Agreement (Seven Seas Steamship Co Nv)
Ownership of Pledged Collateral. Except as otherwise permitted by the IndentureCredit Agreement, Pledgor at all times will be the sole beneficial owner of the Pledged Collateral.
Appears in 2 contracts
Samples: Credit Agreement (Carson Inc), Credit Agreement (Carson Inc)
Ownership of Pledged Collateral. Except as otherwise permitted by the IndentureLoan Agreement, such Pledgor at all times will be the sole beneficial owner of the Pledged CollateralCollateral pledged by it.
Appears in 2 contracts
Samples: Pledge Agreement (Patterson Uti Energy Inc), Pledge Agreement (Patterson Uti Energy Inc)
Ownership of Pledged Collateral. Except as otherwise permitted ------------------------------- by the IndentureCredit Agreement, Pledgor at all times will be the sole beneficial owner of the Pledged Collateral.
Appears in 1 contract
Ownership of Pledged Collateral. Except as otherwise permitted by the IndentureCredit Agreement, such Pledgor at all times will be the sole beneficial owner of the Pledged CollateralCollateral pledged by it.
Appears in 1 contract
Samples: Senior Secured Reducing Revolving Credit Agreement (Di Industries Inc)
Ownership of Pledged Collateral. Except as otherwise permitted by ------------------------------- the IndentureCredit Agreement, Pledgor at all times will be the sole beneficial owner of the Pledged Collateral.
Appears in 1 contract
Ownership of Pledged Collateral. Except as otherwise permitted by the IndentureCredit Agreement, the Pledgor at all times will be the sole beneficial owner of the Pledged CollateralCollateral pledged by it pursuant to this Agreement.
Appears in 1 contract
