Ownership of Pledged Collateral. Pledgor is the legal, record and beneficial owner of the Pledged Collateral pledged by such Pledgor free and clear of any lien, except for the security interests created by this Pledge Agreement and the junior lien of The Bank of New York, as Collateral Agent.
Appears in 2 contracts
Samples: Stock Pledge Agreement (Atlantic Gulf Communities Corp), Stock Pledge Agreement (Atlantic Gulf Communities Corp)
Ownership of Pledged Collateral. Pledgor is the legal, record and beneficial owner of the Pledged Collateral pledged by such Pledgor free and clear of any lien, except for the security interests created by this Pledge Agreement and the junior lien of The Bank of New YorkFoothill Capital Corporation, as AG Collateral AgentAgent (as defined in the Intercreditor Agreement).
Appears in 2 contracts
Samples: Junior Stock Pledge Agreement (Atlantic Gulf Communities Corp), Junior Stock Pledge Agreement (Atlantic Gulf Communities Corp)
Ownership of Pledged Collateral. Pledgor is the legal, record and beneficial owner of the Pledged Collateral pledged by such Pledgor free and clear of any lien, Lien except for the security interests created by this Pledge Liens permitted under Section 7.2.3 of the Credit Agreement and the junior lien of The Bank of New York, as Collateral Agent("Permitted Liens").
Appears in 1 contract
Samples: Credit Agreement (Merrill Corp)
Ownership of Pledged Collateral. Pledgor is the legal, record and beneficial owner of the Pledged Collateral pledged by such Pledgor free and clear of any lien, Lien except for Liens permitted under Section 7.2.3 of the security interests created by this Pledge Credit Agreement and the junior lien of The Bank of New York, as Collateral Agent("PERMITTED LIENS").
Appears in 1 contract
Samples: Credit Agreement (Merrill Corp)
Ownership of Pledged Collateral. Pledgor is the legal, record and beneficial owner of the Pledged Collateral pledged by such Pledgor free and clear of any lien, Lien except for the security interests interest created by this Pledge Agreement and the junior lien of The Bank of New York, as Collateral AgentPermitted Liens.
Appears in 1 contract
Ownership of Pledged Collateral. Pledgor is the legal, record and beneficial owner of the such Pledgor's Pledged Collateral pledged by such Pledgor free and clear of any lien, Lien except for Liens permitted under Section 7.2.3 of the security interests created by this Pledge Credit Agreement and the junior lien of The Bank of New York, as Collateral Agent("PERMITTED LIENS").
Appears in 1 contract
Samples: Credit Agreement (Merrill Corp)
