Buyer Pledge Agreement definition

Buyer Pledge Agreement means the pledge agreements in the forms attached hereto as Exhibit A-3, to be executed by the Buyer at the Closing for the benefit of Bank Hapoalim, pledging 26,218,049 Ordinary Shares of the Company owned by the Buyer at the Closing, as security for the Bank Loan.
Sample 1Sample 2Sample 3
Buyer Pledge Agreement is defined in Section 1.2
Sample 1
Buyer Pledge Agreement means, collectively, the Buyer Pledge Agreement ---------------------- among the Buyers and the Agent in the form attached hereto as Exhibit E-1, as amended from time to time, and any other agreement executed in substantially the same form by the Agent and a Permitted Investor of the type referred to in clause (c) of the definition of "Permitted Investors", as amended from time to time.
Sample 1

Examples of Buyer Pledge Agreement in a sentence

  • Buyer represents and warrants to the Company that: (i) this Agreement has been duly and validly authorized; (ii) this Agreement constitutes a valid and binding agreement of Buyer enforceable in accordance with its terms; (iii) Buyer is an “accredited investor” as that term is defined in Rule 501(a) of Regulation D of the 1933 Act, and (iv) this Agreement, the Secured Buyer Notes, the Buyer Notes, and the Buyer Pledge Agreement have been duly executed and delivered on behalf of Buyer.

  • Notwithstanding the foregoing, the parties may pledge their monetary rights (only) in this Agreement (excluding for the avoidance of doubt any rights to make claims as a party or a beneficiary hereunder) for the benefit of Bank Hapoalim, to the extent required by Bank Hapoalim under the Bank Loan or the Buyer Pledge Agreement.

  • Notwithstanding anything to the contrary herein or in any other Transaction Document, Buyer may, in Buyer’s sole discretion, add additional collateral to the Collateral covered by the Buyer Pledge Agreement, and may substitute Collateral as Buyer deems fit, provided that the net fair market value of the substituted Collateral may not be less than the aggregate principal balance of the Secured Buyer Notes as of the date of any such substitution.

  • At the Closing, Buyer shall execute the Buyer Pledge Agreement, thereby granting to the Company a security interest in the collateral described therein (the “Collateral”).

  • Buyer also agrees to file a UCC Financing Statement (Form UCC1) with the Utah Department of Commerce in the manner set forth in the Buyer Pledge Agreement in order to perfect the Company’s security interest in the Collateral.

  • Initially, only the Secured Buyer Notes will be secured by the Buyer Pledge Agreement pursuant to the terms and conditions of the Buyer Pledge Agreement, the Secured Buyer Notes and this Agreement, but the Buyer Notes may become secured subsequent to the Closing (as defined below) by such collateral and at such time as determined by Buyer in its sole discretion.

  • Buyer's obligations under the Buyer Promissory Note and Company's obligations under the Company Promissory Note also shall be secured in part by a pledge agreement of Buyer dated the Closing Date (the "Buyer Pledge Agreement") in the form of Exhibit 9.5 hereto and a pledge agreement of Kubex xxx Melixxx X.

  • Seller shall have delivered to Buyer through Escrow certificate(s) representing the KEM Units and an executed assignment transferring the ownership of the KEM Units to Buyer; provided, however it is recognized that a new unit certificate for the KEM Units reflecting Buyer as the owner and an executed blank unit assignment shall be delivered to Seller in accordance with the terms of the Buyer Pledge Agreement.

  • Upon consummation of the Closing, Buyer and Company shall have good and marketable title to all of the Stock, free and clear of all liens, pledges, claims, encumbrances and equities whatsoever, except for the pledge required to be made by Buyer pursuant to the Buyer Pledge Agreement.

  • Xxxxx xxxed the Closing Date (the "Kubex Xxxdge Agreement") in the form of Exhibit 9.6 hereto (the Buyer Pledge Agreement and Kubex Xxxdge Agreement are sometimes collectively referred to as the "Pledge Agreements").

Related to Buyer Pledge Agreement

  • Negative Pledge Agreement means the Negative Pledge Agreement, in the form of Exhibit A hereto, by and between the Borrower and the Administrative Agent for the benefit of the Lenders, as amended, supplemented, modified, extended or restated from time to time, pursuant to which the Borrower shall agree not to pledge or xxxxx x xxxx on the stock of any Bank Subsidiary to any Person.

  • Pledge Agreement means the Pledge Agreement dated as of the Closing Date between Borrower and Agent, as the same may from time to time be amended, restated, modified or otherwise supplemented.

  • 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).