Borrower Pledge Agreement definition

Borrower Pledge Agreement means the Pledge Agreement of even date herewith executed by Borrower in favor of Agent, on behalf of itself and Lenders, pledging all Stock of its Subsidiaries, if any, and all Intercompany Notes owing to or held by it.

Borrower Pledge Agreement means the Pledge Agreement executed and delivered by the Borrower pursuant to Section 5.1.5, substantially in the form of Exhibit F-1 hereto, as amended, supplemented, restated or otherwise modified from time to time.

Borrower Pledge Agreement means that certain Pledge Agreement, dated as of the Closing Date, between the Transferor, as pledgor of its interests in the Borrower, and the Collateral Agent, as pledgee, as such Pledge Agreement may from time to time be amended, modified, supplemented, restated or replaced from time to time in accordance with the terms thereof.

Examples of Borrower Pledge Agreement in a sentence

• The Lien of the Borrower Pledge Agreement and the Guarantor Pledge Agreement constitutes a perfected, first priority security interest in all right, title and interest of the Credit Party thereto in the Pledged Collateral described therein, prior and superior to all other Liens and interests, provided the Agent maintains possession of the Pledged Collateral for the term of each such Borrower Pledge Agreement or Guarantor Pledge Agreement, as applicable.

• Borrower is a party to the Borrower Pledge Agreement pursuant to which Borrower has pledged certain Collateral to Administrative Agent to secure the Obligations.

• The Agent shall have received executed counterparts of the Borrower Pledge Agreement and the Guarantor Pledge Agreement, each dated as of the date hereof, duly executed by each Credit Party party thereto, together with stock certificates, accompanied by undated stock powers duly executed in blank, and promissory notes, duly endorsed in blank, required to be delivered to the Agent pursuant to the Borrower Pledge Agreement and the Guarantor Pledge Agreement.

• The Company has been duly organized and is validly existing as a real estate investment trust in good standing under the laws of the State of Maryland and has the trust power and authority to own, lease and operate its properties and to conduct its business as described in the Disclosure Package and the Prospectus, and to enter into and perform its obligations under each of this Agreement, the Notes, the Indenture and the Borrower Pledge Agreement.

• Within 60 days after the Effective Date, the Company shall have completed the perfection of security interests in the stock of Subsidiaries organized in a jurisdiction outside of the United States of America and listed in Annex 1 to the Company Pledge Agreement, Annex 1 to the Canadian Borrower Pledge Agreement or Annex 1 to the Subsidiary Pledge Agreement.

More Definitions of Borrower Pledge Agreement

Borrower Pledge Agreement means the Borrower Pledge Agreement dated as of the Agreement Date given by the Borrower in favor of the Administrative Agent (for itself and for the benefit of the Lenders) by the Borrower substantially in the form of Exhibit C herein.

Borrower Pledge Agreement means the Pledge Agreement dated August 15, 2003 executed by Borrower in favor of Agent for the ratable benefit of the Bank Parties, as amended by the First Amendment dated as of December 6, 2006, as amended and reaffirmed by the Borrower pursuant to the Reaffirmation Agreement.

Borrower Pledge Agreement the Second Amended and Restated Borrower Pledge Agreement substantially in the form of Exhibit B-4A, to be executed and delivered by the Borrower, as the same may be amended, supplemented or otherwise modified.

Borrower Pledge Agreement shall have the meaning provided in Section 5.01(f).

Borrower Pledge Agreement means that certain Pledge Agreement, dated the Closing Date, substantially in the form attached hereto as Exhibit A-1, executed by Borrower in favor of Agent for the benefit of the Lenders, as may be amended, modified or supplemented from time to time together with all acknowledgments, instruments, or other documents by any nominee required to perfect a first priority security interest in the collateral which is the subject of such agreement.

Borrower Pledge Agreement means the Pledge Agreement to be entered into between the Borrower and the Administrative Agent for the benefit of the Secured Parties named therein, in substantially the form of Exhibit A-1, in respect of the Trust Certificates (as defined in the Voting Trust Agreement), if any, held by the Borrower, the capital stock of any Significant Subsidiary owned directly by the Borrower and certain Debt held by the Borrower.

Borrower Pledge Agreement the Pledge Agreement to be executed and delivered by the Borrower, substantially in the form of Exhibit B-1, as the same may be amended, supplemented or otherwise modified from time to time.