Common use of PLEDGE OVER PLEDGED PORTFOLIO Clause in Contracts

PLEDGE OVER PLEDGED PORTFOLIO. 2.1 The Pledgor pledges the Pledged Portfolio in favour of the Collateral Agent, acting for itself and as collateral agent for the benefit of the Secured Parties, who accepts, as first-priority security (gage) (the “Pledge”) for the due and full payment and discharge of all of the Secured Obligations.

Appears in 10 contracts

Samples: Pledge Over Cpecs Agreement (Beverage Packaging Holdings (Luxembourg) v S.A.), Pledge Over Shares Agreement (Beverage Packaging Holdings (Luxembourg) v S.A.), Pledge Over Shares Agreement (Beverage Packaging Holdings (Luxembourg) IV S.a r.l.)

AutoNDA by SimpleDocs

PLEDGE OVER PLEDGED PORTFOLIO. 2.1 1. The Pledgor pledges the Pledged Portfolio in favour of the Collateral Agent, acting for itself and as collateral agent for the benefit of the Secured Parties, who accepts, as first-priority security (gage) (the "Pledge") for the due and full payment and discharge of all of the Secured Obligations.

Appears in 1 contract

Samples: Pledge Over Shares Agreement (Reynolds Group Holdings LTD)

AutoNDA by SimpleDocs

PLEDGE OVER PLEDGED PORTFOLIO. 2.1 1. The Pledgor pledges the Pledged Portfolio in favour of the Collateral Agent, acting for itself and as collateral agent for the benefit of the Secured Parties, who accepts, as first-priority security (gage) (the “Pledge”) for the due and full payment and discharge of all of the Secured Obligations.

Appears in 1 contract

Samples: Pledge Over Shares Agreement (Reynolds Group Holdings LTD)

Time is Money Join Law Insider Premium to draft better contracts faster.