Foreign Pledge Documents collectively, 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 related Foreign Law Pledge Agreement, any related filings, an opinion delivered by local counsel in the foreign jurisdiction in which such First Tier Foreign Subsidiary is organized and addressing the effectiveness of the pledge by such Loan Party to the Administrative Agent (for the ratable benefit of the Secured Parties) of the pledged Equity Interests in such First Tier Foreign Subsidiary having been issued to such Loan Party, any related authorizing resolutions adopted by the Board of Directors (or equivalent) of such Loan Party in connection with such pledge, any amendments to the organizational documents of such First Tier Foreign Subsidiary required by the Administrative Agent to facilitate the pledge by such Loan Party to the Administrative Agent (for the ratable benefit of the Secured Parties) of such pledged Equity Interests, and any other agreements, documents, instruments, notices, filings or other items reasonably required by the Administrative Agent to be executed and/or delivered in connection with any of the foregoing.
Foreign Pledge Documents means any pledge agreements, charges and other similar documents and agreements granting a lien on the Capital Stock of any first-tier Foreign Subsidiary of any Credit Party in favor of the Administrative Agent, for the ratable benefit of the Secured Parties.
Foreign Pledge Documents means any pledge agreements, hypothecs, charges and other similar documents and agreements granting a Lien on the Korean Shares in favor of the Administrative Agent, for the ratable benefit of the Secured Parties.
Examples of Foreign Pledge Documents in a sentence
Notwithstanding the foregoing, it is understood and agreed that the security interest of the Administrative Agent shall attach to the Pledged Collateral related to such Subsidiary immediately upon any Grantor’s acquisition of rights therein and shall not be affected by the failure of any Grantor to deliver a Pledge Supplement or, as applicable, any such other Foreign Pledge Documents or other documents or agreements.
Notwithstanding the foregoing, it is understood and agreed that the security interest of the Administrative Agent shall attach to the Pledged Collateral related to such First Tier Foreign Subsidiary immediately upon any Grantor’s acquisition of rights therein and shall not be affected by the failure of any Grantor to deliver a Pledge Supplement or, as applicable, any such other Foreign Pledge Documents or other documents or agreements.
Notwithstanding the foregoing, it is understood and agreed that the security interest of the Administrative Agent (held for the ratable benefit of the Secured Parties) shall attach to the Pledged Collateral related to such Subsidiary immediately upon the Pledgor’s acquisition of rights therein and shall not be affected by the failure of the Pledgor to deliver a Pledge Supplement or, as applicable, any such other Foreign Pledge Documents or other documents or agreements.
Notwithstanding the foregoing, it is understood and agreed that the security interest of the Administrative Agent (held for the ratable benefit of the Secured Parties) shall attach to the Pledged Collateral related to such Subsidiary immediately upon any Grantor’s acquisition of rights therein and shall not be affected by the failure of any Grantor to deliver a Pledge Supplement or, as applicable, any such other Foreign Pledge Documents or other documents or agreements.
More Definitions of Foreign Pledge Documents
Foreign Pledge Documents collectively, 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 related Foreign Law Pledge Agreement, any related filings, an opinion delivered by local counsel in the foreign jurisdiction in which such First Tier Foreign Subsidiary is organized and addressing the effectiveness of the pledge by such Loan Party or Enterasys, as applicable, to the Administrative Agent (for the ratable benefit of the Secured Parties) of the pledged Equity Interests in such First Tier Foreign Subsidiary having been issued to such Loan Party or Enterasys, as applicable, any related authorizing resolutions adopted by the Board of Directors (or equivalent) of such Loan Party or Enterasys, as applicable, in connection with such pledge, any amendments to the organizational documents of such First Tier Foreign Subsidiary required by the Administrative Agent to facilitate the pledge by such Loan Party or Enterasys, as applicable, to the Administrative Agent (for the ratable benefit of the Secured Parties) of such pledged Equity Interests, and any other agreements, documents, instruments, notices, filings or other items reasonably required by the Administrative Agent to be executed and/or delivered in connection with any of the foregoing.
Foreign Pledge Documents means the Foreign Pledge Agreements and, without limitation, any additional agreements or filings in connection with the Foreign Pledge Agreements.
Foreign Pledge Documents collectively, in respect of the grant by any Loan Party to Lender of a Lien on certain of the Capital Stock of any First-Tier Foreign Subsidiary owned by such Loan Party, any related Foreign Law Pledge Agreement, any related filings, an opinion as is customary in the relevant jurisdiction delivered by local counsel in the foreign jurisdiction in which such First-Tier Foreign Subsidiary is organized and addressing the effectiveness of the pledge and/or creation of a Lien by such Loan Party to Lender of the pledged Capital Stock of such First Tier-Foreign Subsidiary having been issued to such Loan Party, any related authorizing resolutions adopted by the board of directors (or equivalent) of such Loan Party in connection with such pledge, any amendments to the organizational documents of such First-Tier Foreign Subsidiary required by Lender to facilitate the pledge and/or creation of a Lien by such Loan Party to Lender of such pledged Capital Stock, and any other agreements, documents, instruments, notices, filings or other items reasonably required by Lender to be executed and/or delivered in connection with any of the foregoing.
Foreign Pledge Documents means (i) (A) the charge over shares in the UK Borrower, dated as of December 15, 2011, duly completed and executed by the UK Pledgor, as amended and/or supplemented from time to time (including by a supplemental security deed dated on or about the date of this Agreement), (B) all certificates evidencing the Capital Stock being pledged thereunder and (C) undated stock transfer forms for such certificates, duly executed in blank; (ii) the Pledge Agreement made by Xxxxxxxx & Company International, Inc., in favor of the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent, with respect to the Canadian Borrower, and the confirmation thereof dated on or about the Closing Date; and (iii) (A) the equitable mortgage over all the share capital in the Australian Borrower dated on or about December 8, 2011, and the equitable mortgage over all the share capital in the Australian Borrower dated on or about November 25, 2013, and an executed multi-jurisdictional mortgage statement and (B) the Australian Security Trust Deed.
Foreign Pledge Documents means (i) upon delivery to the Administrative Agent, the documents referred to in clause (i) of Section 6.13(b); (ii) the Pledge Agreement made by Xxxxxxxx & Company International, Inc., in favor of the Administrative Agent, in form and substance reasonably satisfactory to the Administrative Agent, with respect to the Canadian Borrower; and (iii) (A) the equitable mortgage over all the share capital in the Australian Borrower dated on or about the Closing Date and evidence demonstrating that funds have been made available to the Administrative Agent for the payment of any mortgage duty payable on such mortgage and an executed multi-jurisdictional mortgage statement and (B) the Australian Security Trust Deed.
Foreign Pledge Documents means (a) (i) the charge over shares in the UK Borrower, dated as of the Closing Date, duly completed and executed by the UK Pledgor, as amended and/or supplemented from time to time, (ii) all certificates evidencing the Capital Stock being pledged thereunder and (iii) undated stock transfer forms for such certificates, duly executed in blank; (b) the Canadian Pledge Agreement, dated as of the Closing Date, made by Crawford & Company International, Inc., in favor of the Administrative Agent, with respect to the shares of the Canadian Borrower; and (c) (i) the specific security agreement over all the share capital in the Australian Borrower dated as of on or about the Closing Date and (ii) the Australian Security Trust Deed.
Foreign Pledge Documents collectively, 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 related Foreign Law Pledge Agreement, any related filings, an opinion delivered by local counsel in the foreign jurisdiction in which such First-Tier Foreign Subsidiary is organized and addressing the effectiveness of the pledge by such Loan Party to the Administrative Agent (for the ratable benefit of the Secured Parties) of the pledged Equity Interests in such First Tier-Foreign Subsidiary having been issued to such Loan Party, any related authorizing resolutions adopted by the Board of Directors (or equivalent) of such Loan Party in connection with such pledge, any amendments to the organizational documents of such First-Tier Foreign Subsidiary required by the Administrative Agent to facilitate the pledge by such Loan Party to the Administrative Agent (for the ratable benefit of the Secured Parties) of such pledged Equity Interests, and any other agreements, documents, instruments, notices, filings or other items reasonably required by the Administrative Agent to be executed sf-3193689 and/or delivered in connection with any of the foregoing. 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 Foreign Law Pledge Documents shall be required to be delivered in connection with the closing of the Transactions pursuant to Section 5.3.