Equity Pledgor definition

Equity Pledgor means the Borrower and any Subsidiary of the Borrower (other than a Non-Recourse Subsidiary) holding Equity Interests, either directly or indirectly, in any Guarantor from time to time; provided that in no event shall an individual holding nominal shares (without special or additional rights to those granted to other holders of Equity Interests or preferential rights in such Guarantor) be an Equity Pledgor.
Equity Pledgor means, at any time, (i) Triton Nautilus Asset Management LLC, a limited liability company organized in Hungary with its registered office at H-1053 Xxxxxxxx, Xxxxxx xxxx 0, Xxxxxxx and/or (ii) any other wholly-owned Subsidiary of Holdings that directly owns the Equity Interests of the Collateral Rig Owner and/or the Collateral Rig Operator (other than any Equity Interests of the Collateral Rig Operator owned by a Qualified Local Partner, if applicable at such time).
Equity Pledgor means, at any time, (i) Triton Nautilus Asset Management LLC, a limited liability company organized in Hungary with its registered office at H-1053 Budapest, Képíró utca 9, Hungary and/or (ii) any other wholly-owned Subsidiary of Holdings that directly owns the Equity Interests of the Collateral Rig Owner and/or the Collateral Rig Operator (other than any Equity Interests of the Collateral Rig Operator owned by a Qualified Local Partner, if applicable at such time).

Examples of Equity Pledgor in a sentence

  • Each Required Equity Pledgor has good title to its Required Equity, in each case free and clear of all Liens except the Permitted Encumbrances.

  • No consent, approval, authorization or order of, or qualification with, any court or Governmental Authority is required in connection with the execution, delivery or performance by any Borrower of this Agreement or the other Loan Documents, or by any Required Equity Pledgor of the Loan Documents to which it is a party, the failure to obtain which is reasonably likely to result in a Portfolio Material Adverse Effect, except for any of the foregoing which have already been obtained.

  • The Borrower shall not effect or permit (and shall cause the other Loan Parties and the Equity Pledgor not to effect or permit) any change referred to in the preceding sentence unless all filings have been made under the UCC or otherwise that are required in order for the Collateral Agent to continue at all times following such change to have a valid, legal and perfected security interest in all the Collateral as contemplated in the Security Documents.

  • Notwithstanding anything to the contrary contained in this Agreement or any other Loan Document, (i) neither Borrower nor Equity Pledgor shall enter into (or agree to enter into) any Division and (ii) none of the provisions in this Agreement nor any other Loan Document, shall be deemed to permit any Division with regard to Borrower or Equity Pledgor.

  • Notwithstanding the foregoing, this Section 6.18 shall not be deemed to restrict an Equity Pledgor Transaction.


More Definitions of Equity Pledgor

Equity Pledgor means Mobile Infra Holdings, LLC.
Equity Pledgor means Montreign Holding Company, LLC, a New York limited liability company; provided that, in the event of the consummation of an Equity Pledgor Transaction, “Equity Pledgor” shall be deemed to refer to Empire.
Equity Pledgor means, (i) as of the Issue Date, in the case of TDWA, Transocean Rig Ventures Limited, a Cayman Islands exempted company and in the case of LDWA, TDWA and/or (ii) after the Issue Date, any other Wholly-Owned Subsidiary of Holdings that directly owns the Equity Interests of the Collateral Rig Owner and/or a Collateral Rig Operator (other than any Equity Interests of TBL, which shall not be pledged at any time, or the Equity Interests of any Collateral Rig Operator owned by a Qualified Local Partner, if applicable at such time).
Equity Pledgor means, at any time, (i) Triton Nautilus Asset Management Kft, a limited liability company organized in Hungary with its registered office at H-1053 Budapest, Képíró utca 9, Hungary or (ii) any other wholly-owned Subsidiary of Holdings that directly owns the Equity Interests of the Collateral Rig Owner.
Equity Pledgor means, at any time, each of (i) SOSE, (ii) the Company and (iii) any other wholly-owned Subsidiary of Holdings that directly owns the Equity Interests of a Collateral Rig Owner or the Collateral Rig Operator (other than any Equity Interests of a Collateral Rig Operator owned by a Qualified Local Partner, if applicable at such time).
Equity Pledgor means, initially, each of (i) SOSE and (ii) the Company, in each case so long as they directly own the Equity Interests of a Collateral Rig Owner or a Collateral Rig Operator, and, at any other time, any other Subsidiary of Holdings that directly owns the Equity Interests of a Collateral Rig Owner and/or the Collateral Rig Operator (other than any Equity Interests of a Collateral Rig Operator owned by a Qualified Local Partner, if applicable at such time).
Equity Pledgor means CMFT RE Lending Sub CBSQ Holdco, LLC, a Delaware limited liability company.