Pledge of Equity Interests. (a) Each Lien Grantor, in order to secure its Secured Obligations, grants to the Collateral Agent for the benefit of the Secured Parties, effective on the first day of any Collateral Period, a continuing security interest in all the following property of such Lien Grantor, whether now owned or existing or hereafter acquired or arising and regardless of where located:
Appears in 6 contracts
Samples: Foreign Pledge Agreement (Nortel Networks Corp), Pledge Agreement (Nortel Networks LTD), Foreign Pledge Agreement (Nortel Networks LTD)
Pledge of Equity Interests. (a) Each Lien Grantor, in order to secure its Secured Obligations, grants to the Collateral Agent for the benefit of the Secured Parties, effective on the first day of any Collateral Period, in accordance with Section L. 431-4 of the French Monetary and Financial Code, a continuing security interest in all the following property of such Lien Grantor, whether now owned or existing or hereafter acquired or arising and regardless of where located:
Appears in 2 contracts
Samples: Pledge Agreement (Nortel Networks Corp), Pledge Agreement (Nortel Networks LTD)
