Examples of Holding Pledge Agreement in a sentence
Xxxxxx Xxx Title: Vice President EXHIBIT A to Holding Pledge Agreement PROMISSORY NOTE $ , 19__ FOR VALUE RECEIVED, the undersigned, ______________, a _______________ corporation (the "Maker"), promises to pay to the order of XXXXX XXXXX INC.
Each of Brooke Holding and NV Holdings hereby consents to the execution and delivery of this First Amendment and reaffirms its obligations under the Brooke Holding Pledge Agreement and the NV Holdings Pledge Agreement, respectively.
In addition, the TCR Holding Pledge Agreement shall cease to be of any further force or effect upon payment in full of the TARC Intercompany Loan.
Without limiting the generality of the foregoing, each Acknowledging Party hereby acknowledges and confirms that, as of the Restatement Effective Date, the term "SECURED OBLIGATIONS" under and as defined in the Borrower Security Agreement, Borrower Pledge Agreement, Holding Security Agreement and Holding Pledge Agreement shall include all Obligations under and as defined in the Credit Agreement.
The Holding Pledge Agreement creates a first priority valid security interest in the Holding Pledged Collateral and all action necessary to perfect the security interest so created has been taken and completed, provided that it is acknowledged that, prior to Borrower's receipt of Gaming Licenses, approval of such pledge by the Nevada Gaming Commission will be required.