Description of Pledged Collateral. (a) The Pledged Collateral is described as follows and on any separate schedules at any time furnished by Pledgor to Secured Party (which schedules are hereby deemed part of this Agreement):
(i) all right, title and interest of Pledgor as a holder (whether now or in the future) in (x) shares or other equity interests in any corporations, limited liability companies or other entities (including, without limitation, those entities described on Schedule 1) organized under the laws of the United States of America or of any State thereof, or any warrants to purchase or depositary shares or other rights in respect of any such interests, and (y) all shares of stock, certificates, certificated membership interests, instruments or other documents evidencing or representing the same;
(ii) all right, title and interest of Pledgor in and to all present and future payments, proceeds, dividends, distributions, instruments, compensation, property, assets, interests and rights in connection with or related to the collateral listed in clause (i) above, and all monies due or to become due and payable to Pledgor in connection with or related to such collateral or otherwise paid, issued or distributed from time to time in respect of or in exchange therefor, and any certificate, instrument or other document evidencing or representing the same (including, without limitation, all proceeds of dissolution or liquidation);
(iii) all security entitlements in any and all of the foregoing; and
(iv) all proceeds of any and all of the foregoing, of every kind, and all proceeds of such proceeds.
(b) The shares of stock, certificates, certificated membership interests, instruments or other documents evidencing or representing the foregoing shall be collectively referred to herein as the "PLEDGED SECURITIES".
(c) As of the date of this Agreement, the Pledged Collateral constitutes all of the equity interests of Pledgor in the entities set out on Schedule 1.
Description of Pledged Collateral. The Pledged Shares constitute all of the issued and outstanding shares of stock of each issuer thereof, except as otherwise set forth in Schedule I annexed hereto, and there are no outstanding warrants, options or other rights to purchase, or other agreements outstanding with respect to, or property that is now or hereafter convertible into, or that requires the issuance or sale of, any Pledged Shares. The Pledged Debt constitutes all of the issued and outstanding intercompany indebtedness evidenced by a promissory note of the respective issuers thereof owing to Pledgor.
Description of Pledged Collateral. The Pledged Shares constitute --------------------------------- all of the issued and outstanding shares of stock of each issuer thereof, and there are no outstanding warrants, options or other rights to purchase, or other agree ments outstanding with respect to, or property that is now or hereafter convertible into, or that requires the issuance or sale of, any Pledged Shares. The Pledged Debt constitutes all of the issued and outstanding intercompany indebtedness evidenced by a promissory note of the respective issuers thereof owing to Pledgor.
Description of Pledged Collateral. The Pledged Collateral is described as follows:
(i) all right, title and interest of each Pledgor as a holder (whether now or in the future) of (y) Capital Stock of any (A) Material Pledged Subsidiary, and (B) other Subsidiary that is not a Material Pledged Subsidiary, whether such Capital Stock is represented by a certificate or not, or acquired hereafter or any warrants to purchase or depository shares or other rights in respect of any such Capital Stock, (z) all shares of stock, membership interest certificates, partnership certificates, other certificates, instruments or other documents evidencing or representing the Capital Stock referred to in the preceding clause (y) (the Pledged Collateral listed in clauses (y) and (z), collectively, the “Subsidiary Capital Stock”); provided that in no event shall more than 66% of the total outstanding Excluded Foreign Subsidiary Voting Stock of any Excluded Foreign Subsidiary be required to be pledged hereunder;
(ii) all right, title and interest of each Pledgor in any Unencumbered Loans (including, without limitation, the CapitalSource Securitization Notes, the CapitalSource Repurchased Securitization Notes and any debt securities of the type referred to in clause (d) of the definition of Available Assets), including, but not limited to, (x) all promissory notes, instruments or chattel paper issued in connection with such Unencumbered Loans (whether now owned or existing or owned or arising hereafter) and held by such Pledgor at any time (the “Pledged Notes”), (y) any Capital Stock issued in connection with such Unencumbered Loans and held by such Pledgor (including, but not limited to, Capital Stock in any REO Asset Owner held by such Pledgor), whether such Capital Stock is represented by a certificate or not, or any warrants to purchase or depository shares or other rights in respect of any such Capital Stock, and (z) all shares of stock, membership interest certificates, partnership certificates, other certificates, instruments or other documents evidencing or representing the Capital Stock referred to in the preceding clause (y) (the Pledged Collateral listed in clauses (y) and (z) and together with the Subsidiary Capital Stock, collectively, the “Pledged Capital Stock”);
(iii) all right, title and interest of each Pledgor in and to all present and future payments, Proceeds, dividends, distributions, instruments, compensation, property, assets, interests and rights in connection with or related to the Pledged...
Description of Pledged Collateral. The Pledged Shares owned by such Pledgor constitute the percentage of the issued and outstanding shares of stock of each issuer thereof set forth on Schedule I annexed hereto, and there are no outstanding warrants, options or other rights to purchase, or other agreements outstanding with respect to, or property that is now or hereafter convertible into, or that requires the issuance or sale of, any Pledged Shares. The Pledged Debt owned by such Pledgor constitutes all of the issued and outstanding intercompany indebtedness evidenced by a promissory note of the respective issuers thereof owing to such Pledgor.
Description of Pledged Collateral. The Pledged Interests --------------------------------- constitute all of the issued and outstanding membership interests of each issuer thereof, except as otherwise set forth in Schedule II annexed hereto, and there ----------- are no outstanding warrants, options or other rights to purchase, or other agreements outstanding with respect to, or property that is now or hereafter convertible into, or that requires the issuance or sale of, any Pledged Interests.
Description of Pledged Collateral. (a) The Pledged Collateral is described as follows and on any separate schedules at any time furnished by one or more of the Pledgors to the Agent (which schedules are hereby deemed part of this Pledge Agreement):
(i) all right, title and interest of each Pledgor (whether now or in the future) in and to the shares of capital stock or other equity interests owned by such Pledgor, which shares or other equity interests are listed on Schedule I annexed hereto next to such Pledgor's name (collectively, the "Pledged Equity Interests");
(ii) all right, title and interest of each Pledgor in and to all present and future payments, proceeds, dividends, distributions, instruments, compensation, property, assets, interests and rights in connection with or related to the Pledged Equity Interests of such Pledgor, and all monies due or to become due and payable to such Pledgor in connection with or related to the Pledged Equity Interests of such Pledgor or otherwise paid, issued or distributed from time to time in respect of or in exchange therefor, and any certificate, instrument or other document evidencing or representing the same (including, without limitation, all proceeds of dissolution or liquidation);
(iii) all instruments of indebtedness (whether now existing or hereafter arising) by any of the issuers listed in Schedule I hereto which name any Pledgor as payee thereunder (collectively, the "Pledged Notes"); and
(iv) all proceeds of every kind and nature, including proceeds of proceeds, of any and all of the foregoing (including, without limitation, proceeds which constitute property of the type described above) and to the extent not otherwise included, all money and cash. The inclusion of "proceeds" of the Pledged Collateral under the security interest granted herein shall not be deemed a consent by the Agent or any other Secured Party to any sale or other disposition of any Pledged Collateral of such Pledgor provided, that the "Pledged Collateral" of a Pledgor shall not include, and no Pledgor shall be deemed to have granted a security interest in any of such Pledgor's rights or interests (a) in any of the outstanding capital stock or other equity interests of any of the entities identified on Schedule II annexed hereto and made a part hereof (each entity identified on Schedule II and each Foreign Subsidiary created after the date hereof in accordance with, and subject to the express provisions of, Section 7.22 of the Credit Agreement, shall be referred to he...
Description of Pledged Collateral. The Pledged Shares constitute ---------------------------------
(i) all of the issued and outstanding shares of stock or other equity Securities of each of the Subsidiaries of Pledgor which are incorporated in a state of the United States or in the District of Columbia, and (ii) 66.6% of the issued and outstanding shares of stock or other equity Securities of each Foreign Subsidiary of Pledgor, and there are no outstanding warrants, options or other rights to purchase, or other agreements outstanding with respect to, or property that is now or hereafter convertible into, or that requires the issuance or sale of, any Pledged Shares. The Pledged Debt constitutes all of the issued and outstanding intercompany indebtedness evidenced by a promissory note of the respective issuers thereof owing to Pledgor.
Description of Pledged Collateral. The Pledged Shares constitute all of the issued and outstanding shares of stock of each issuer thereof organized under the laws of a state of the United States (each a "U.S. ISSUER") and 65% of the issued and outstanding shares of stock of each other issuer thereof (each a "NON-U.S. ISSUER") and there are no outstanding warrants, options or other rights to purchase, or other agreements outstanding with respect to, or property that is now or hereafter convertible into, or that requires the issuance or sale of, any Pledged Shares.
Description of Pledged Collateral. The Pledged Equity constitutes all of the issued and outstanding Equity Interests in each issuer thereof (subject to the proviso to Section 2(a)), and there are no outstanding warrants, options or other rights to purchase, or other agreements outstanding with respect to, or property that is now or hereafter convertible into, or that requires the issuance or sale of, any securities, or rights or interest in any securities, of any of the issuers of any of the Pledged Equity or any of the properties or assets of any of such issuers.
