ESOP Pledge Agreement definition

ESOP Pledge Agreement means that certain ESOP Pledge Agreement, dated as of April 1, 2007, by and between GreatBanc (on behalf of the ESOP Trust) and Tribune.
ESOP Pledge Agreement means the ESOP Pledge Agreement, dated May 17, 1994, executed by the ESOP Trust in favor of the Borrower.
ESOP Pledge Agreement means the ESOP Pledge Agreement made April 1, 2007, between GreatBanc Trust Company, not in its individual or corporate capacity but solely in its capacity as trustee of the ESOP Trust which forms a part of the ESOP and Borrower, as the same may be supplemented, amended, restated or otherwise modified from time to time.

Examples of ESOP Pledge Agreement in a sentence

  • This Note is collateralized by a pledge of stock under an ESOP Pledge Agreement of even date herewith.

  • Lender shall have no recourse against Borrower’s assets other than such excess contributions, earnings and dividends and the Shares then pledged under the ESOP Pledge Agreement.

  • No modification, amendment or waiver of or with respect to any provision of this ESOP Loan Agreement, the ESOP Note, the ESOP Pledge Agreement, or any of the other Loan Documents, nor consent to any departure from any of the terms or conditions thereof, shall in any event be effective unless it shall be in writing and signed by the party against whom enforcement thereof is sought.

  • The borrowing of the principal amounts of the Loans, the execution and performance of this Agreement, the Note, the ESOP Pledge Agreement and the other Loan Documents and compliance by Borrower with all of the provisions of this Agreement and of the other Loan Documents to which it is a party are within the Borrower’s power and authority.

  • As used herein, “Trust” means the ESCO Corporation Employee Stock Ownership Trust, as amended, which has been established pursuant to the ESCO Corporation Employee Stock Ownership Plan, as amended (the “Plan”); “ESOP Loan” means the transaction evidenced by the ESOP Credit Agreement, ESOP Note and ESOP Pledge Agreement between the corporation and the ESOP used to finance the acquisition of the C Shares by the ESOP; and “ESOP” is the Plan together with the Trust.


More Definitions of ESOP Pledge Agreement

ESOP Pledge Agreement means the ESOP Pledge Agreements, dated as of September 29, 2006 and June 29, 2010, respectively, each by and between Fox Chase and the Trustee, relating to the ESOP Loan and granting Fox Chase a security interest in the pledged shares.
ESOP Pledge Agreement means the Stock Pledge Agreement dated as of September [__], 2000 between the Borrower and the Lender, substantially in the form of Exhibit B hereto, as such Agreement may be amended, supplemented or modified from time to time.
ESOP Pledge Agreement means that certain ESOP Pledge Agreement, dated December 31, 2015, between the Share Seller and the Target.
ESOP Pledge Agreement means that certain ESOP Pledge and Security Agreement, of even date herewith, by and between Bank and Borrower, as amended, restated, or modified from time to time.
ESOP Pledge Agreement means the ESOP Pledge Agreement pursuant to which the ESOP pledged the shares acquired pursuant to the ESOP Subscription Agreement to Hobbico as collateral security for the ESOP's obligations under the ESOP Note.
ESOP Pledge Agreement means the Stock Pledge Agreement dated as of
ESOP Pledge Agreement means the Stock Pledge Agreement, dated as of the date of the ESOP Purchase, by and between the Company and the ESOP Fiduciary.