Common use of Pledged Interests Clause in Contracts

Pledged Interests. The Pledged Interests constitute the number and percentage of each type of issued and outstanding Company Equity Interests set forth on Part A of Schedule I attached hereto, and the Pledgor does not own any Company Equity Interests of any kind other than the issued and outstanding Company Equity Interests set forth on Schedule I attached hereto and the Excluded Company Interests. All of the Pledged Interests have been duly authorized and validly issued and are fully paid and nonassessable. There are no existing options, warrants, calls or commitments of any character whatsoever relating to any of the Pledged Interests, except as are set forth in the Securityholders Agreement dated as of November 1, 1996 (as amended, supplemented or otherwise modified through the date hereof, the "SECURITYHOLDERS AGREEMENT") among the Pledges, the Company and Princes Gate Investors II, L.P.

Pledged Interests. The Pledged Interests constitute the number and percentage of each type of issued and outstanding Company Equity Interests set forth on Part A of Schedule I attached hereto, and the Pledgor does not own any Company Equity Interests of any kind other than the issued and outstanding Company Equity Interests set forth on Schedule I attached hereto and the Excluded Company Interests. All of the Pledged Interests have been duly authorized and validly issued and are fully paid and nonassessable. There are no existing options, warrants, calls or commitments of any character whatsoever relating to any of the Pledged Interests, except as are set forth in the Securityholders Agreement dated as of November 1, 1996 (as amended, supplemented or otherwise modified through the date hereof, the "SECURITYHOLDERS AGREEMENTSecurityholders Agreement") among the Pledges, the Company and Princes Gate Investors II, L.P.