Pledgors fully understand the contents of the Service Agreements and have entered into this Agreement voluntarily. The signatories signing this Agreement on behalf of Pledgors have the rights and authorizations to do so.
Pledgors. All references to “Pledge Agreement”, “Pledgor” or “Pledgors” in the Loan Agreement are hereby deleted; and
Pledgors. Cheniere Common Units Holding, LLC Cheniere Midstream Holdings, Inc. Cheniere Pipeline Company Cheniere Pipeline GP Interests, LLC Cheniere Southern Trail GP, Inc. Grand Cheniere Pipeline, LLC Cheniere Creole Trail Pipeline, L.P. Cheniere Corpus Christi Pipeline, L.P. Cheniere LNG Services, Inc.
Pledgors. (a) Cause each Loan Party (whether now or hereafter existing) which owns any Equity Interest in any Subsidiary (other than a Dormant Subsidiary) to be a party to the applicable Pledge Document, and pursuant to the terms of such Pledge Document, to grant or cause to be granted to the Administrative Agent, a first priority perfected security interest in such Equity Interest, subject to the following: (i) 100% of the Equity Interests held by such Loan Party in each U.S. Subsidiary that is not also a U.S. Foreign Holdco shall secure all Obligations, (ii) 65% of the Equity Interests held by such Loan Party in any U.S. Foreign Holdco and any first tier Offshore Subsidiary (to the extent that such Offshore Subsidiary is a Designated Borrower or a direct or indirect owner of a Designated Borrower) shall secure all Obligations, (iii) 100% of the Equity Interests held by such Loan Party in each Offshore Subsidiary of a Designated Borrower and each U.S. Foreign Holdco and Offshore Subsidiary that, in either case, owns, directly or indirectly, Equity Interest in a Designated Borrower shall secure the Obligations of such Designated Borrower (but not the Obligations of DeVry), and (iv) the pledge of any Equity Interest in any Offshore Subsidiary or U.S. Foreign Holdco shall only be required hereunder to the extent permitted by Law. Subject to the limitations herein, in the case of any Subsidiary created after the date hereof, DeVry shall cause the pledge of the Equity Interest to be effected within 45 days of the date of creation (or such later date as agreed by the Administrative Agent in its sole discretion).
(b) Notwithstanding any provision of this Section 6.13 or any other provision of this Agreement to the contrary, it is understood that the Equity Interest in any Offshore Subsidiary (the “Excluded Offshore Stock”) shall not be required to be pledged pursuant to a Pledge Document if (i) the Administrative Agent and DeVry agree in writing that the cost, burden or consequences (including adverse tax consequences) of obtaining or perfecting a security interest in such Excluded Offshore Stock is excessive in relation to the value of such assets as Collateral or (ii) such Offshore Subsidiary (x) has assets which (together with the assets of its Subsidiaries whose stock is Excluded Offshore Stock) do not exceed 10% of the consolidated assets of DeVry and its Subsidiaries at such time, and (y) together with its Subsidiaries whose Equity Interests are Excluded Offshore St...
Pledgors fully understand this Agreement and are willing to execute and perform this Agreement. This Agreement was formed voluntarily by Pledgors. The representative (if any) was legally authorized to execute this Agreement.
Pledgors. Collectively, the Borrower and each Additional Pledgor, and individually any one of them.
Pledgors. Bankers and Collateral Agent have heretofore entered into that certain Collateral Accounts Security Agreement dated as of June 22, 1993, pursuant to which Pledgors agreed to establish and maintain certain bank accounts with Bankers and other commercial banks and to pledge those accounts to Collateral Agent for the benefit of Secured Parties (the "Existing Collateral Account Agreement").
Pledgors a) Xxxxxx XXXX (hereinafter referred to as Party B) Identification number is: [ ]
b) Xxxxx XXXX (hereinafter referred to as Party C, and jointly referred to as the Pledgors with Party B ) Identification number: [ ]
Pledgors. No Pledgor shall: (a) create, incur, assume, guarantee, or suffer to exist any Liabilities, other than (i) the Obligation, (ii) trade payables created in the ordinary course of business, (iii) endorsements of negotiable instruments in the ordinary course of business, (iv) contingent Liabilities covered by reserves or insurance, and (v) equipment leases incurred in the ordinary course of business; or (b) create, incur, or suffer or permit to be created or incur or exist any Lien upon any of its Assets, except Permitted Liens.
Pledgors. PRIMEDEX HEALTH SYSTEMS, INC.
