The Pledge Agreement. Xxxxxx Mac shall have received an original of the Pledge Agreement duly executed on behalf of National Rural and the Collateral Agent.
The Pledge Agreement. In addition to the security interest granted hereunder, the Borrower shall grant to the Lender a security interest in the Pledged Partnership Interests and the Pledged Stock (as those terms are defined in the Pledge Agreement) pursuant to the Pledge Agreement.
The Pledge Agreement. The security interests created in favor of the Collateral Agent, as Pledgee, for the benefit of the Secured Creditors, under the Pledge Agreement constitute first priority perfected security interests in the Collateral described in the Pledge Agreement, subject to no security interests of any other Person. No filings or recordings are required in order to perfect (or maintain the perfection or priority of) the security interests created in the Pledge Agreement Collateral under the Pledge Agreement.
The Pledge Agreement. 9.1.3 The Administrative Agent's receipt of all common stock of Conseco owned by each Borrower which have been purchased with proceeds of the Existing Loans or any of the foregoing relating thereto as required by the Pledge Agreement, together with appropriate stock powers for such shares endorsed in blank and/or other appropriate evidence of the perfection of the Administrative Agent's Lien, including UCC financing statements and/or registrations or acknowledgments of the Lien of the Administrative Agent on any applicable brokerage account of each Borrower;
The Pledge Agreement. (i) The Security Agreement;
The Pledge Agreement. In consideration of the provision of the Loan to the Borrower under the Loan Agreement, the Pledge Agreement was entered into in favour of the Lender, pursuant to which Xxxxxx Xxxxxx and Xxxxxx Xxxxxxxxx (each a wholly-owned subsidiary of the Company) agreed to charge to the Lender the Dalian Yitong Pledged Assets and the Dalian Zhongxing Pledge Assets as security to the obligations of the Borrower under the Loan Agreement. Subject to the Third Extension Agreement having become effective, the Pledge Agreement as provided under the Loan Agreement shall continue to be in effect and be provided by the Borrower in favour of the Lender as security of the Revised Loan. The principal terms of the Pledge Agreement are summarised as follows:
The Pledge Agreement. Section 12 of the Pledge Agreement is hereby amended to read in its entirety as follows:
The Pledge Agreement. The Pledge Agreement shall be in full force and effect.
The Pledge Agreement. All references in the 2005 Pledge Agreement to the term “Pledge Agreement” shall be deemed to refer to the Pledge Agreement referenced in this First Amendment.
The Pledge Agreement. As a condition to the Loan, the Borrower shall enter into a Pledge, Assignment and Security Agreement in substantially the form attached hereto as Exhibit B (the “Pledge Agreement”), which Pledge Agreement shall be dated as of the Effective Date. Pursuant to the Pledge Agreement, the Borrower’s obligations under this Agreement shall be secured by certain stock options and other security as set forth in the Pledge Agreement (the “Pledged Security”).
