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. 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. 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 Fourth 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: Date: 3 December 2019 Parties: (i) the Lender as chargee;
The Pledge Agreement. The Pledge Agreement shall be in full force and effect.
The Pledge Agreement of the Pledge Agreement is hereby amended to read in its entirety as follows:
The Pledge Agreement. The documents referred to in clauses (a) through (d) above are herein sometimes referred to as the "Credit Documents" and the documents referred to in clauses (c) and (d) above are herein sometimes referred to as the "Security Documents". In our examination we have assumed the genuineness of all signatures (other than as to the Borrower), the authenticity of all documents submitted to us as originals, the conformity to original documents of all documents submitted to us as certified or photostatic copies and the authenticity of the originals of such copies. As to questions of fact not independently verified by us we have relied, to the extent we deemed appropriate, upon representations and certificates of officers of the Borrower, public officials and other appropriate persons. All assumptions and statements of reliance as to factual matters herein have been made without any independent investigation or verification on our part except to the extent otherwise expressly stated, and we express no opinion with respect to the subject matter or accuracy of such assumptions or items relied upon. We have also assumed the due authorization, execution and delivery of the Credit Documents on the part of the Lender, and the legality, validity, binding effect on, and enforceability of the Credit Documents against, the Lender. This opinion letter is subject to, and is to be construed in accordance with, the principles and limitations set forth in the Special Report by the TriBar Opinion Committee, U.C.C. Security Interest Opinions, 49 Bus. Law. 362 (1993). We understand that you have considered the applicability of fraudulent transfer laws to the transactions contemplated by the Credit Documents, as to which laws we express no opinion, and have satisfied yourself with respect thereto. Our examination of matters of law in connection with the opinions expressed herein has been limited to the federal laws of the United States and the laws of the State of New York and, accordingly, no opinions expressed herein shall be deemed to cover any other laws. We have neither examined nor requested an examination of the indices or records of any court or governmental or other agency, authority, instrumentality or entity, nor have we made inquiry of any person or entity, except as expressly set forth in this opinion letter. In addition, we have not independently verified or investigated the accuracy or completeness of any factual information and, because the scope of our examination d...
The Pledge Agreement. The Tax Protection and Reporting Agreement, in the form attached hereto as Exhibit O.
