Pursuant to the Pledge Agreements Sample Clauses

Pursuant to the Pledge Agreements. ProLogis shall, and shall cause each of its Consolidated Affiliates to, grant to Administrative Agent, for the benefit of the Credit Parties, a first-priority Lien in all Indebtedness of (i) each Consolidated Affiliate of ProLogis that is not a Subsidiary Guarantor, and (ii) each Unconsolidated Affiliate (and its Consolidated Affiliates) to any Company if the aggregate amount of Indebtedness of such Unconsolidated Affiliate (and its Consolidated Affiliates) to any Company or Companies equals or exceeds $10,000,000, including, without limitation, the existing Indebtedness listed on Schedule 7.14-2, except to the extent that the granting of such Lien would result in material adverse tax Liabilities to any Borrower in the United States.
Sample 1
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Pursuant to the Pledge Agreements. (i) Borrower shall, and shall cause each of its Consolidated Affiliates to, grant to Administrative Agent, for the benefit of the Credit Parties, a first-priority Lien in all Indebtedness of each Unconsolidated Affiliate (and its Consolidated Affiliates) to any Company if the aggregate amount of Indebtedness of such Unconsolidated Affiliate (and its Consolidated Affiliates) to any Company or Companies equals or exceeds $5,000,000, including, without limitation, the existing Indebtedness listed on Schedule 7.16-2, and (ii) Borrower shall grant to Administrative Agent, for the benefit of the Credit Parties, a first-priority Lien in all Indebtedness of ProLogis Services to Borrower that is secured by Properties that are included in the Pool (provided that ProLogis Services shall not be required to grant any additional Liens (including any mortgages or deeds of trust) in such Properties for the benefit of the Credit Parties).
Sample 1
Pursuant to the Pledge Agreements. Borrower shall, and shall cause each of its Consolidated Affiliates to, grant to Administrative Agent, for the benefit of Agents and Lenders, a first-priority Lien in all Indebtedness of each Unconsolidated Affiliate (and its Consolidated Affiliates) to Borrower and Borrower's Consolidated Affiliates if the aggregate amount of Indebtedness of such Unconsolidated Affiliate (and its Consolidated Affiliates) to Borrower and Borrower's Consolidated Affiliates equals or exceeds $5,000,000, including, without limitation, the existing Indebtedness listed on SCHEDULE 7.17-2.
Sample 1

Related to Pursuant to the Pledge Agreements

  • of the Pledge Agreement Upon the occurrence of a Termination Event, the Company shall promptly but in no event later than two Business Days thereafter give written notice to the Agent, the Collateral Agent and to the Holders, at their addresses as they appear in the Register.

  • Stock Pledge Agreement The term "Stock Pledge Agreement" shall have the meaning set forth in Section 6.3(xiii).

  • Pledge Agreement Other than as expressly permitted hereunder, the Pledge Agreement or any other Security Document pursuant to which the Capital Stock or Stock Equivalents of the Borrower or any Subsidiary is pledged or any material provision thereof shall cease to be in full force or effect (other than pursuant to the terms hereof or thereof or as a result of acts or omissions of the Collateral Agent or any Lender) or any pledgor thereunder or any Credit Party shall deny or disaffirm in writing any pledgor’s or Credit Party’s obligations under any Security Document; or

  • Pledge Agreements Duly executed originals of each of the Pledge Agreements accompanied by (as applicable) (a) share certificates representing all of the outstanding Stock being pledged pursuant to such Pledge Agreement and stock powers for such share certificates executed in blank and (b) the original Intercompany Notes and other instruments evidencing Indebtedness being pledged pursuant to such Pledge Agreement, duly endorsed in blank.

  • Negative Pledge Agreements Neither the Borrower nor any Subsidiary will create, incur, assume or suffer to exist any contract, agreement or understanding (other than this Agreement and the Security Instruments) which in any way prohibits or restricts the granting, conveying, creation or imposition of any Lien on any of its Property or restricts any Subsidiary from paying dividends to the Borrower, or which requires the consent of or notice to other Persons in connection therewith.

  • Voting Rights in Respect of the Pledged Collateral (i) So long as no Event of Default shall have occurred and be continuing, to the extent permitted by law, each Pledgor may exercise any and all voting and other consensual rights pertaining to the Pledged Collateral of such Pledgor or any part thereof for any purpose not inconsistent with the terms of this Pledge Agreement or the Credit Agreement; and

  • Amendments to the Existing Credit Agreement The Existing Credit Agreement is, effective as of the date of this Amendment and Restatement and subject to the satisfaction of the conditions precedent set forth in Section 2, hereby amended as follows:

  • Pledge Amendments To the extent any Pledged Collateral has not been delivered as of the Closing Date, such Grantor shall deliver a pledge amendment duly executed by the Grantor in substantially the form of Annex 1 (each, a “Pledge Amendment”). Such Grantor authorizes the Administrative Agent to attach each Pledge Amendment to this Agreement.

  • Termination of Pledge Agreement This Agreement and the rights hereby granted by Pledgor in the Collateral shall cease, terminate and be void upon fulfillment of all of the obligations of Pledgor under the Securities Contract and hereunder. Any Collateral remaining at the time of such termination shall be fully released and discharged from the Security Interests and delivered to Pledgor by Secured Party, all at the request and expense of Pledgor.

  • Secured Hedge Agreements and Secured Cash Management Agreements No Cash Management Bank or Hedge Bank that obtains the benefits of Section 10.4 or any Collateral by virtue of the provisions hereof or of any Security Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article XI to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Secured Cash Management Agreements and Secured Hedge Agreements unless the Administrative Agent has received written notice of such Secured Cash Management Agreements and Secured Hedge Agreements, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be.

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