Foreign Subsidiary Pledge Agreement definition

Foreign Subsidiary Pledge Agreement means the Pledge Agreement, dated as of the Closing Date, by the Company and the Domestic Subsidiary Guarantors party thereto in favor of the Administrative Agent, substantially in the form of Exhibit H.

Foreign Subsidiary Pledge Agreement means the Pledge and Security Agreement (66% Capital Stock of Guarantee-exempt Subsidiaries owned by the Borrower) from the Borrower to the Lender, as amended from time to time.

Foreign Subsidiary Pledge Agreement means a pledge or similar agreement between an Obligor and the Collateral Agent (or a sub-agent of the Collateral Agent), providing for the pledge of certain equity interests of a Foreign Subsidiary, executed and delivered pursuant to this Agreement, and including any Existing Foreign Subsidiary Pledge Agreements.

Examples of Foreign Subsidiary Pledge Agreement in a sentence

• Xxxxxxxx Plastics, the Company shall have 30 days during which to cause the pledge thereof in accordance with the requirements hereof and of the Foreign Subsidiary Pledge Agreement.

• Each Lender agrees that no one (other than the Administrative Agent or the Collateral Agent) shall have the right individually to seek to realize upon the security granted by the Foreign Subsidiary Pledge Agreement, it being understood and agreed that such rights and remedies may be exercised solely by the Administrative Agent or the Collateral Agent for the benefit of the Lenders upon the terms of the Foreign Subsidiary Pledge Agreement.

• Such pledges shall be made in accordance with the Foreign Subsidiary Pledge Agreement.

• Each Lender authorizes the Collateral Agent to enter into the Foreign Subsidiary Pledge Agreement and to take all action contemplated thereby.

• The Pledgor hereby expressly acknowledges and agrees that the Administrative Agent may enforce each term or provision of, and may exercise each right or remedy provided by, this Agreement and/or any Foreign Subsidiary Pledge Agreement, in each case in its sole discretion and whether or not any such terms or provisions or rights or remedies are similar or dissimilar to, or in conflict with, one another.

More Definitions of Foreign Subsidiary Pledge Agreement

Foreign Subsidiary Pledge Agreement means the Pledge Agreement, dated as of February 28, 2006, made by the Company and the Subsidiary Guarantors in favor of the Collateral Agent, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Foreign Subsidiary Pledge Agreement means one or more Foreign Subsidiary Pledge Agreements executed by the Borrower and each Restricted Subsidiary relating to all or a portion of the capital stock of, or other equity interest in, any Foreign Subsidiary now owned or hereafter acquired by the Borrower or such Restricted Subsidiary, necessary to cause the Administrative Agent to have a security interest in, and pledge of, 66% of all of the capital stock of, or other equity interest in, such Foreign Subsidiary, substantially in the form of EXHIBIT J hereto, as such agreement may be amended, modified, supplemented or restated from time to time.

Foreign Subsidiary Pledge Agreement means an agreement, in form and substance satisfactory to the Agent and the Banks, whereby the Borrower or a Guarantor holding equity interests in a Material Foreign Subsidiary, pledges such equity interests (up to 65% of the aggregate equity interests in such Material Foreign Subsidiary) to the Collateral Agent as collateral for the Secured Obligations (or, if such pledgor is a Guarantor, such Guarantor's Guaranty) as well as obligations to the holders of notes under the Note Purchase Agreement, as such agreement may be amended or modified and in effect from time to time.

Foreign Subsidiary Pledge Agreement means the stock pledge agreement in form and substance satisfactory to the Administrative Agent pursuant to which Brush International, Inc. grants to the Administrative Agent for the benefit of the Lenders a Lien on sixty-five percent (65%) of the issued and outstanding capital stock of each of the Foreign Subsidiaries.

Foreign Subsidiary Pledge Agreement means the Foreign Subsidiary Pledge Agreement entered into by each Borrower owning stock in a wholly owned Direct Foreign Subsidiary and Lenders pledging up to 66% of the stock or equity interest in or to such Direct Foreign Subsidiaries, substantially in the form attached hereto as EXHIBIT C.

Foreign Subsidiary Pledge Agreement means the Pledge Agreement dated as of even date herewith from Borrower to Agent on behalf of Lenders substantially in the form of EXHIBIT E hereto, pursuant to which Borrower has pledged to Agent sixty five percent (65%) of all of the capital stock or other equity interests in RVSI Europe (Holdings) Ltd. to secure the Obligations, as the same may be modified, amended or supplemented from time to time.

Foreign Subsidiary Pledge Agreement means that certain Pledge Agreement dated on or about the Second Restatement Date among the Agent and the Foreign Subsidiaries signatory thereto.