Debenture Pledge Agreement definition
Examples of Debenture Pledge Agreement in a sentence
AmerAlia owns the AmerAlia Series A Interest free and clear of all liens, claims and encumbrances except as provided pursuant to the terms of a Series A Debenture Pledge Agreement dated to be effective as of March 19, 2004, by and among AmerAlia and the pledgees listed therein (the “Series A Debenture Pledge Agreement”) and as a result of this Agreement, Fund III will own the AmerAlia Series A Interest free and clear of all liens, claims and encumbrances except those in favor of Fund III.
Payments required to be made to the Pledgee’s Agent pursuant to the Series A Debenture Pledge Agreement will be made with a notation as to the amount of AmerAlia Series A Interest that has not yet been paid to Sentient LP and which is to be paid to Fund III as the registered owner thereof.
Mars, as Trustee of the J▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ Mars Trust dated February 5, 1975, as amended, and (ii) the Series C Debenture Pledge Agreement, dated March 19, 2004, by and between AmerAlia, Inc., and J▇▇▇▇▇▇▇▇▇ ▇.
Notwithstanding the foregoing, if there is any right or remedy set out in the Debenture or this Debenture Pledge Agreement or any part thereof which is not set out or provided for in the Credit Agreement, such additional right or remedy shall not constitute a conflict or inconsistency.
This Debenture Pledge Agreement shall be binding upon the Corporation, its successors and assigns, and shall enure to the benefit of the Collateral Agent and its successors and assigns.
On the Canadian Effective Date DBF and each other Canadian Credit Party shall have duly authorized, executed and delivered Security Agreements in the form of Exhibit I-2 hereto and DBF shall have executed a Hypothec in the form of Exhibit I-3 hereto and a Debenture and Debenture Pledge Agreement in the form of Exhibit I-4 hereto.
For the purpose of all legal proceedings, this Debenture Pledge Agreement shall be deemed to have been performed in the Province of Alberta and the courts of the Province of Alberta shall have jurisdiction to entertain any action arising under this Debenture Pledge Agreement.
The division of this Debenture Pledge Agreement into sections and subsections and the insertion of headings are for convenience of reference only and shall not affect the construction or interpretation thereof.
The Canadian Agent acknowledges and undertakes to hold the New Debenture, to be issued in replacement of the Debenture, for and on behalf of the Canadian Lenders in accordance with and pursuant to the terms of the Loan Documents, including without limitations, the Debenture Pledge Agreement.
The Canadian Agent acknowledges and undertakes to hold the New Debenture, to be issued in replacement of the Debenture, for and on behalf of the Canadian Lenders in accordance with and pursuant to the terms of the Loan Documents, including without limitations, the Amended and Restated Debenture Pledge Agreement.