Zipcar Spain Sample Clauses

Zipcar SpainIn the event Parent holds a 50.1% or greater interest in Zipcar Spain, Parent and Agent shall promptly enter into a stock pledge agreement whereby Parent shall pledge as Collateral to Agent for the benefit of the Lenders its interest in Zipcar Spain; provided that in no event shall Parent be required to pledge over 65% of the outstanding voting securities in Zipcar Spain.
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