Common use of Pledge of Capital Stock Clause in Contracts

Pledge of Capital Stock. The grant and perfection of the security interest in the Capital Stock of the Subsidiaries of the Borrowers constituting a portion of the Collateral for the benefit of the Holders, as contemplated by the terms of the Loan Documents, is not made in violation of the registration provisions of the Securities Act, any applicable provisions of other federal securities laws, state securities or "Blue Sky" law, foreign securities law, or applicable general corporation law or in violation of any other Requirement of Law.

Appears in 2 contracts

Samples: Credit Agreement (Freedom Chemical Co), Credit Agreement (Freedom Chemical Co)

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Pledge of Capital Stock. The grant and perfection of the security interest in the Capital Stock of the Borrower and the Subsidiaries of the Borrowers Borrower constituting a portion of the Collateral for the benefit of the Holders, as contemplated by the terms of the Loan Documents, is not made in violation of the registration provisions of the Securities Act, any applicable provisions of other federal securities laws, state securities or "Blue Sky" law, foreign securities law, or applicable general corporation law or in violation of any other Requirement of Law.

Appears in 1 contract

Samples: Credit Agreement (Rhi Holdings Inc)

Pledge of Capital Stock. The grant and perfection of ----------------------- the security interest in the Capital Stock of the Subsidiaries of the Borrowers Parent Guarantor constituting a portion of the Collateral for the benefit of the HoldersSecured Parties, as contemplated by the terms of the Loan Documents, is not made in violation of the registration provisions of the Securities Act, any applicable provisions of other federal securities laws, state securities or "Blue Sky" law, foreign securities law, or applicable general corporation law or in violation of any other Requirement of Law.

Appears in 1 contract

Samples: Credit and Guaranty Agreement (American Eco Corp)

Pledge of Capital Stock. The grant and perfection of the security interest in the Capital Stock of the Subsidiaries of the Borrowers constituting a portion of the Collateral for the benefit of the Holders, as contemplated by the terms of the Loan Documents, is not made in violation of the registration provisions of the Securities Act, any applicable provisions of other federal securities laws, state securities or "Blue Sky" law, foreign securities lawlaw (except where a violation would not result in a material reduction in the value of the Collateral taken as a whole), or applicable general corporation law or in violation of any other Requirement of Law.

Appears in 1 contract

Samples: Credit Agreement (Banner Aerospace Inc)

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Pledge of Capital Stock. The grant and perfection of the security interest in the Capital Stock of RHI, FHC and the Subsidiaries of the Borrowers constituting a portion of the Collateral for the benefit of the Holders, as contemplated by the terms of the Loan Documents, is not made in violation of the registration provisions of the Securities Act, any applicable provisions of other federal securities laws, state securities or "Blue Sky" law, foreign securities law, or applicable general corporation law or in violation of any other Requirement of Law.

Appears in 1 contract

Samples: Credit Agreement (Fairchild Corp)

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