Equity Interest Collateral definition

Equity Interest Collateral means (i) one hundred percent (100%) of the Equity Interests owned by the Borrower or any Subsidiary in each Property Owner, and (ii) one hundred percent (100%) of the Equity Interests in each Company, other than Borrower and Parent, that owns a direct or indirect interest in a Property Owner.

Equity Interest Collateral has the meaning specified in Section 6.01.

Equity Interest Collateral means one hundred percent (100%) of the Equity Interests in each Mortgagor.

Examples of Equity Interest Collateral in a sentence

• At any time following the Closing, Stockholder may assign its obligations to indemnify and hold Parent Covered Parties harmless under this Agreement to Ceridian HCM without the consent of any other party to this Agreement; provided that that such assignment does not cause Ceridian HCM to be insolvent, the pledge and security interest in the Equity Interest Collateral shall expire and terminate upon such deposit.

• The Borrower understands that compliance with the Federal Securities Laws might very strictly limit the course of conduct of the Collateral Agent if the Collateral Agent were to attempt to dispose of all or any part of the Equity Interest Collateral, and might also limit the extent to which or the manner in which any subsequent transferee of any Equity Interest Collateral could dispose of the same.

• Similarly, there may be other legal restrictions or limitations affecting the Collateral Agent in any attempt to dispose of all or part of the Equity Interest Collateral under applicable “blue sky” or other state securities laws or similar laws analogous in purpose or effect.

• The Borrower recognizes that if such restrictions and limitations are applicable, the Collateral Agent may, with respect to any sale of the Equity Interest Collateral, limit the purchasers to those who will agree, among other things, to acquire such Equity Interest Collateral for their own account, for investment, and not with a view to the distribution or resale thereof.

• The applicable Equity Interest Collateral and Mortgage Collateral shall be released from the security interests and Liens granted pursuant to the applicable Pledge Agreements or Mortgages, as applicable, in accordance with Section 5.03(d).

• If required pursuant to Section 10.04(d), the HCM Pledge Agreement shall have been executed and delivered by Stockholder to Parent and Stockholder shall have delivered to Parent a certificate evidencing the Equity Interest Collateral, together with an undated instrument of transfer duly executed in blank.

• The authorized and outstanding Equity Interests of each Loan Party and each issuer of Pledged Equity Interest Collateral (collectively, the “Disclosure Parties”), and each legal and beneficial holder thereof as of the Closing Date, are as set forth on Schedule 5.22(a) hereto (as such Schedule may be updated from time to time in accordance with this Agreement).

• Restricted Offering Dispositions of Pledged Equity Interest Collateral 5 Section 4.05.

• In such case, the pledge and security interest in the Equity Interest Collateral shall expire and terminate upon such deposit into the Substitute Cash Escrow.

• Notwithstanding anything to the contrary in this Agreement, the CK Equity Interest Collateral shall be limited to the extent provided in Section 2.2(a) of the CKI Related Assets Pledge and Security Agreement and qualified as provided in Section 2.3 of the CKI Related Assets Pledge and Security Agreement, and such Sections are hereby incorporated by reference.

More Definitions of Equity Interest Collateral

Equity Interest Collateral means the Equity Interests listed on Schedule 1.01(F), as such Schedule may be amended from time to time upon the inclusion or removal of any new Borrowing Base Property in the calculation of Borrowing Base Availability.

Equity Interest Collateral means (i) one hundred percent (100%) of the Equity Interests in each Mortgagor, (ii) one hundred percent (100%) of the Equity Interests in each Company that owns a direct or indirect interest in a Mortgagor, and (iii) all of the Equity Interest in each other Subsidiary of the Parent or the Borrower owned directly or indirectly by Parent or Borrower, in the case of clauses (ii) and (iii) in which the equity interests may be pledged without violation of any existing or future agreements entered into by a Company.

Equity Interest Collateral means all instruments, shares, stock, equity interests, warrants, bonds, Loan Agreements, Loan Agreement stock or other securities relating to the Obligor’s equity interests in each of the Guarantors, whether certificated or uncertificated.

Equity Interest Collateral means capital stock or other equity interests with respect to which a security interest may be perfected by delivery of a stock or other certificate and related stock powers.

Equity Interest Collateral has the meaning specified in Section 6.04. “Equity Interests” means, with respect to any Person, all of the shares of capital stock of (or other ownership or profit interests in) such Person, all of the warrants, options or other rights for the purchase or acquisition from such Person of shares of capital stock of (or other ownership or profit interests in) such Person, all of the securities convertible into or exchangeable for shares of capital stock of (or other ownership or profit interests in) such Person or warrants, rights or options for the purchase or acquisition from such Person of such shares (or such other interests), and all of the other ownership or profit interests

Equity Interest Collateral means 100% of the direct Equity Interests in each owner and lessee of a Borrowing Base Asset. All Equity Interest Collateral shall be certificated.