Asset Pledge definition

Asset Pledge means the pledge of assets in the agreed form executed by the Borrower in favour of the Security Agent to be registered in accordance with the terms hereof.
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Asset Pledge means, the pledge of shares of Capital Stock of a Material Affiliate or Material Associate to:
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Asset Pledge means the first ranking non-possessory pledge over assets agreement entered into on or about the Signing Date between the Pledgors and the Security Agent, in its capacity as Acreedor Prendario thereunder in relation to the pledge of all of the Pledged Assets.
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Examples of Asset Pledge in a sentence

  • Any action to be taken or not taken and any discretion to be exercised by the Collateral Agent under the Asset Pledge Agreement and the Equity Pledge Agreement will be done solely at the direction of the Administrative Agent.

  • The rights of the Collateral Agent and the Securities Intermediary pursuant to this Section 10.04 are not exclusive of the rights of such Persons pursuant to the Equity Pledge Agreement, the Asset Pledge Agreement or any other Loan Document and under the laws of any jurisdiction outside of the United States.

  • The Company further agrees to pay to the Collateral Agent, the Securities Intermediary and the Collateral Administrator, or reimburse the Collateral Agent, the Securities Intermediary and the Collateral Administrator for paying, reasonable and documented out-of-pocket expenses, including attorney's fees, in connection with this Agreement, the Equity Pledge Agreement, the Asset Pledge Agreement and the transactions contemplated hereby or thereby.

  • All costs actually incurred in connection with the establishment of the Asset Pledge hereunder, including but not limited to stamp duties, any other taxes, all legal fees, shall be borne by the Pledgee.

  • Each of the Lenders, the Administrative Agent and the Company hereby directs the Collateral Agent to execute and deliver the Asset Pledge Agreement and the Equity Pledge Agreement and directs the Securities Intermediary to execute and deliver the Asset Pledge Agreement.

  • Each of the Lenders, the Administrative Agent and the Borrower hereby directs the Collateral Agent to execute and deliver the Asset Pledge Agreement and the Equity Pledge Agreement and directs the Securities Intermediary to execute and deliver the Asset Pledge Agreement.

  • In addition, nothing in this Agreement shall limit, or be construed as limiting, any rights and remedies which the Collateral Agent (in any capacity) has under the Asset Pledge Agreement or under the laws of any jurisdiction other than the United States.

  • The execution of this Amendment Agreement shall not constitute (i) a novation (novación) of the obligations of the Pledgors and the Pledgee under the Asset Pledge Agreement or (ii) a novation (novación), modification or payment of the Obligations.

  • This Asset Pledge Agreement may only be amended by an instrument in writing signed by you and us.

  • Borrower shall undertake any such actions as reasonably required, or cause such actions to be undertaken, in order that Lender may perfect its security interest pursuant to the ASHL Asset Pledge.

Related to Asset Pledge

  • Account Pledge means, in relation to each Account, a pledge agreement creating security in respect of that Account in the Agreed Form and, in the plural, means all of them;

  • Holdings Pledge Agreement means the Pledge Agreement dated as of the Closing Date and executed by Holdings in favor of the Administrative Agent, for the benefit of the Secured Parties.

  • Parent Pledge Agreement means that certain Pledge Agreement, dated of the date hereof, made by Parent in favor of Agent.

  • Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent in respect of a first priority pledge over the Escrow Account and all funds held on the Escrow Account from time to time, granted in favour of the Noteholders.

  • Proceeds Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent on or prior to the First Issue Date in respect of a first priority pledge over the Proceeds Account and all funds held on the Proceeds Account from time to time, granted in favour of the Agent and the Bondholders (represented by the Agent).