Foreign Law Pledge Agreement in respect of the grant by any Loan Party to the Administrative Agent (for the ratable benefit of the Secured Parties) of a Lien on certain of the Equity Interests in any First Tier Foreign Subsidiary owned by such Loan Party any pledge agreement (however designated) reasonably required by the Administrative Agent to be prepared under the laws of the foreign jurisdiction in which such First Tier Foreign Subsidiary is organized and executed by such Loan Party (and, as applicable, such First Tier Foreign Subsidiary) for the purpose of creating, perfecting and otherwise protecting such Lien to the maximum extent possible under the laws of such foreign jurisdiction.
Foreign Law Pledge Agreement in respect of the grant by any Loan Party or Enterasys to the Administrative Agent (for the ratable benefit of the Secured Parties) of a Lien on certain of the Equity Interests in any First Tier Foreign Subsidiary owned by such Loan Party or Enterasys, as applicable, any pledge agreement (however designated) reasonably required by the Administrative Agent to be prepared under the laws of the foreign jurisdiction in which such First Tier Foreign Subsidiary is organized and executed by such Loan Party or Enterasys (and, as applicable, such First Tier Foreign Subsidiary) for the purpose of creating, perfecting and otherwise protecting such Lien to the maximum extent possible under the laws of such foreign jurisdiction.
Foreign Law Pledge Agreement is defined in the definition of “Pledge Agreement.”
Examples of Foreign Law Pledge Agreement in a sentence
The Company or any particular Domestic Subsidiary shall not be required to execute and deliver a Foreign Law Pledge Agreement pursuant to this Section 6.21(b) if such entity directly holds 35% or less of the Voting Equity Interests in such Foreign Subsidiary and, as a result of the limitation set forth in the preceding sentence, the Company can comply with this Section 6.21(b) without the pledge of such Voting Equity Interests.
In the event that the terms of any such Foreign Law Pledge Agreement conflict with the terms of this Agreement, (i) in the case of any exercise of rights or remedies thereunder by the Collateral Trustee at any time that an Enforcement Event shall have occurred and be continuing that are governed by such Applicable Foreign Law, the terms of such Foreign Law Pledge Agreement shall control, and (ii) in all other cases, the terms of this Agreement shall control.
More Definitions of Foreign Law Pledge Agreement
Foreign Law Pledge Agreement means any pledge agreement governed by the applicable local law with respect to a Material Foreign Subsidiary, a Foreign Subsidiary Borrower or any other Foreign Subsidiary the Equity Interests of which are required to be pledged hereunder or were pledged (or the pledge of which was reaffirmed) pursuant to the Existing Credit Agreement, in a form reasonably acceptable to the Agent, in each case, as it may be amended, restated, supplemented or modified and in effect from time to time. The initial Foreign Law Pledge Agreements in effect as of the Closing Date are set forth on Schedule 1.4 hereto.
Foreign Law Pledge Agreement as defined on Schedule 1.1.
Foreign Law Pledge Agreement means any pledge agreement governed by the applicable local law with respect to a Material Foreign Subsidiary, a Foreign Subsidiary Borrower or any other Foreign Subsidiary the Equity Interests of which are pledged or required to be pledged hereunder, in a form reasonably acceptable to the Agent, in each case, as it may be amended, restated, supplemented or modified and in effect from time to time. The initial Foreign Law Pledge Agreements in effect as of the Closing Date are set forth on Schedule 1.4 hereto.
Foreign Law Pledge Agreement means each of (i) that certain German Pledge Agreement, dated November 25, 2008, executed by Engineered Solutions L.P. in favor of the Agent, (ii) that certain Securities Accounts Pledge Agreement, dated as of January 30, 2009, executed by Actuant International Holdings, Inc. in favor of the Agent,
Foreign Law Pledge Agreement in respect of the grant by any Loan Party to the Administrative Agent (for the ratable benefit of the Secured Parties) of a Lien on certain of the Equity Interests in any First-Tier Foreign Subsidiary owned by such Loan Party, any pledge agreement (however designated) reasonably required by the Administrative Agent to be prepared under the laws of the foreign jurisdiction in which such First-Tier Foreign Subsidiary is organized and executed by such Loan Party (and, as applicable, such First-Tier Foreign Subsidiary) for the purpose of creating, perfecting and otherwise protecting such Lien to the maximum extent possible under the laws of such foreign jurisdiction. For the avoidance of doubt, the pledge by Xxxxxxx International, Inc. to the Administrative Agent (for the ratable benefit of the Secured Parties) of certain Equity Interests of Xxxxxxx Technology Cayman Holdings Ltd. owned by Xxxxxxx International, Inc. shall be the only pledge in respect of which a Foreign Law Pledge Agreement shall be required to be delivered in connection with the closing of the Transactions pursuant to Section 5.3.
Foreign Law Pledge Agreement means the (i) Second Amended and Restated Pledge Agreement dated as of March 4, 2010 made by CIT Financial (Barbados) SRL in favor of Barclays Bank PLC, as Collateral Agent; (ii) Share Mortgage in Respect of Shares Held in CIT Group Finance (Ireland), dated as of August 13, 2009, among CIT Holdings No.2 (Ireland), as mortgagor and Barclays Bank PLC, as Collateral Agent; and (iii) Share Mortgage in Respect of Shares held in CIT Aerospace International, dated as of August 13, 2009, among CIT Holdings Canada ULC, as mortgagor and Barclays Bank PLC, as Collateral Agent, in each case, as amended, amended and restated, supplemented or otherwise modified from time to time.
Foreign Law Pledge Agreement means the (i) Amended and Restated Pledge Agreement dated as of September 8, 2009 made by CIT Financial (Barbados) SRL and CIT Financial Ltd./ Services Financiers CIT Ltee in favor of Barclays Bank PLC, as Collateral Agent; (ii) Share Mortgage in Respect of Shares Held in CIT Group Fiannce (Ireland), dated as of August 13, 2009, among CIT Holdings No.2 (Ireland) as mortgagor and Barclays Bank PLC, as Collateral Agent; and (iii) Share Mortgage in Respect of Shares held in CIT Aerospace International, dated as of August 13, 2009, among CIT Holdings Canada ULC as mortgagor and Barclays Bank PLC, as Collateral Agent.