Pledged Subsidiaries. Other than the Non-Pledged Subsidiaries, the Pledged Subsidiaries listed on Schedule I hereto most recently delivered to the Bank Parties in accordance with Section 5.01(l), are, as of the date set forth on such Schedule, all of the direct Subsidiaries of the Borrower and all of the direct Subsidiaries of AES BVI II.
Pledged Subsidiaries. Except as otherwise permitted by the terms of the Loan Documents, no Pledgor shall (i) permit any Pledged Subsidiary to amend or modify its articles or certificate of incorporation, articles of organization, certificate of limited partnership, by-laws, operating agreement, partnership agreement or other comparable organizational instrument in a manner which would adversely affect the voting, liquidation, preference or other similar rights of any holder of the Equity Interests pledged hereunder or impair the security interest granted or purported to be granted herein, (ii) permit any Pledged Subsidiary to dissolve, liquidate, retire any of its capital stock or other instruments or securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (iii) vote any of its Equity Interests or other investment property in favor of any of the foregoing.
Pledged Subsidiaries. On the UATC Senior Secured Note Repayment Date, the Company shall pledge, or cause to be pledged, under the Collateral Documents all the issued and outstanding capital stock of UATC (other than the UATC Preferred Stock which is being contributed to UATC), UAR, Prop I and all Wholly-Owned First-Tier Subsidiaries by complying with the applicable provisions of Section 4.03. Thereafter, upon the creation, acquisition or beneficial ownership of any Wholly-Owned First-Tier Subsidiary, the Company shall cause UATC to promptly comply with the applicable provisions of Section 4.03.
Pledged Subsidiaries. The UK Subsidiary, the German Subsidiary and the French Subsidiary, at any time maintain, collectively, assets with an aggregate gross value exceeding $1,500,000 (the “Subsidiaries Assets Threshold”), provided however, that the foregoing threshold shall not include funds transferred to each such Pledged Subsidiary solely for the purpose of compensation expenses that are discharged within 5 days from the date of such transfer.
Pledged Subsidiaries. Paragraph 6N of the Note Agreement is deleted in its entirety.
Pledged Subsidiaries. Other than the Non-Pledged Subsidiaries, the Pledged Subsidiaries listed on Schedule I hereto are all of the direct Subsidiaries of the Borrower and all of the direct Subsidiaries of AES BVI II.
Pledged Subsidiaries. The Pledged Subsidiaries constitute all Subsidiaries of the Borrower, other than Excluded Existing Subsidiaries, whose capital stock or other equity interests are not subject to restrictions including, without limitation, terms of instruments of Permitted Indebtedness, prohibiting the creation of a Lien thereon in favor of the Agent or the Lenders.
Pledged Subsidiaries. 75 Section 4.18 Qualified Holding Companies Debt................................75 Section 4.19
Pledged Subsidiaries. The corporations listed on Annex A hereto -------------------- (other than EPYX).
Pledged Subsidiaries. Except as otherwise permitted by the terms of the Loan Documents, Pledgor shall not (i) permit the Pledged Subsidiary to amend or modify its certificate of formation, operating agreement, or other comparable organizational document or instrument in a manner which would adversely affect the voting, liquidation, preference or other similar rights of any holder of the Equity Interests pledged hereunder or impair the security interest granted or purported to be granted herein, (ii) permit the Pledged Subsidiary to dissolve, liquidate, retire any of its capital stock or other instruments or securities evidencing ownership, reduce its capital or merge or consolidate with any other entity, or (iii) vote any of its Equity Interests or other investment property in favor of any of the foregoing.
