Initial Pledge Agreement definition

Initial Pledge Agreement. That certain Pledge and Security Agreement, dated as of the Commencement Date, by Penney Tenant Holdings LLC, a Delaware limited liability company (“Initial Pledgor”) in favor of Landlord, as the same may be amended, supplemented or replaced from time to time with Landlord’s prior written consent or otherwise in accordance with the terms of this Lease.
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Initial Pledge Agreement shall have the meaning assigned to such term in the Security Agreement.
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Initial Pledge Agreement shall have the meaning ascribed to it in Section 2.5.1 hereof.
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Examples of Initial Pledge Agreement in a sentence

  • LATE OFFERS WILL BE REJECTED.Mailing Address1) SUBMISSION DEADLINE: (no later than this date & time) 12.) REQUIRED FORMS & CERTIFICATESFailure to properly execute & sign the following documents may result in the rejection of the proposal or bid.

  • The repayment of all amounts due under the $325,000 Note and $114,000 Note is secured by the pledge by the Shareholders of the Shares pursuant to the terms of the Initial Pledge Agreement.

  • This Agreement amends, restates and supersedes the Initial Pledge Agreement in its entirety.

  • In lieu of the Purchase Price, the consideration to be delivered by Buyer to the Sellers at the Closing shall be paid by issuing two (2) secured promissory notes of Buyer, each in the principal amount of $3.625 million, substantially in the form of Exhibit A hereto (the "Closing Notes"), each of which Notes shall be secured pursuant to a Pledge Agreement in substantially the same for as Exhibit B to this First Amendment (the "Initial Pledge Agreement").

  • The Security Agent (as defined in the Initial Pledge Agreement) shall surrender to the Company the stock certificate evidencing such shares in exchange for a new stock certificate to be held by the Security Agent evidencing such shares (bearing appropriate legends, as described above with respect to the Preferred Stock) duly executed and delivered on behalf of the Company and registered in the name of the Voting Trustee.

  • The Credit Facilities have been and continue to be secured by, among other things, the Initial Pledge Agreement, as amended and restated by the First Amended and Restated Pledge Agreement and as further amended and restated by the Second Amended and Restated Pledge Agreement.

  • The Lien created by the Borrower pursuant to the Initial Pledge Agreement governed by English Law shall (a) remain in full force and effect notwithstanding the amendments referred to in Section 2.1 (Amendment to Credit Agreement) above and (b) continue to secure the Secured Obligations.

  • Pursuant to the First Amended and Restated Credit Agreement, the Pledgors and the Issuers party thereto entered into the Amended and Restated Pledge Agreement dated as of November 3, 1999 (the "FIRST AMENDED AND RESTATED PLEDGE AGREEMENT"), whereby the parties thereto agreed to modify the Initial Pledge Agreement in certain respects as reflected in therein.

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  • This Pledge Agreement continues the pledge and grant of security interests under the Initial Pledge Agreement as reaffirmed by the First Amended and Restated Pledge Agreement and by the Second Amended and Restated Pledge Agreement, pursuant to the terms amended and restated in certain respects as set forth below.


More Definitions of Initial Pledge Agreement

Initial Pledge Agreement shall have the meaning assigned to such term in Recital A hereof.
Sample 1

Related to Initial Pledge Agreement

  • Holdings Pledge Agreement means the Pledge Agreement of even date herewith executed by Holdings in favor of Agent, on behalf of itself and Lenders, pledging all Stock of Borrower.

  • U.S. Pledge Agreement means the pledge agreement substantially in the form of Exhibit 1.01C (it being understood that the pledgors party thereto and schedules thereto shall be reasonably satisfactory to the Administrative Agent), given by the Domestic Credit Parties, as pledgors, to the Collateral Agent to secure the Obligations, and any other pledge agreements that may be given by any Person pursuant to the terms hereof, in each case as the same may be amended and modified from time to time.

  • Equity Pledge Agreement means the Equity Pledge Agreement dated as of the Issue Date, between the Equity Pledge Guarantors and the Collateral Agent, as amended, restated, modified, supplemented, extended or replaced from time to time.

  • Company Pledge Agreement means the Company Pledge Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit ------- XIII annexed hereto, as such Company Pledge Agreement may thereafter be amended, ---- supplemented or otherwise modified from time to time.

  • Stock Pledge Agreement means a stock pledge agreement, in form and substance satisfactory to Agent, executed and delivered by each Borrower that owns Stock of a Subsidiary of Parent.

  • Borrower Pledge Agreement means the Pledge Agreement of even date herewith executed by Borrower in favor of Agent, on behalf of itself and Lenders, pledging all Stock of its Subsidiaries, if any, and all Intercompany Notes owing to or held by it.

  • Parent Pledge Agreement means the parent pledge agreement dated as of the Effective Date executed in favor of the Administrative Agent, for the benefit of the Secured Parties, by the Borrower, as amended or modified from time to time in accordance with the terms hereof.

  • Foreign Pledge Agreement means a pledge or charge agreement granting a Lien on Equity Interests in a Foreign Subsidiary to secure the Obligations, governed by the law of the jurisdiction of organization of such Foreign Subsidiary and in form and substance reasonably satisfactory to the Administrative Agent.

  • Canadian Pledge Agreement means a pledge agreement in a form to be agreed upon, and to be executed in favor of the Canadian Administrative Agent, for the benefit of the holders of the Canadian Borrower Obligations, by the Canadian Borrower and each Canadian Guarantor, as amended or modified from time to time in accordance with the terms hereof.

  • Pledge Agreement means the pledge agreement dated as of the Closing Date executed in favor of the Administrative Agent, for the benefit of the holders of the Obligations, by each of the Loan Parties, as amended or modified from time to time in accordance with the terms hereof.

  • Stock Pledge Agreements means each Stock Pledge Agreement of the Borrower and any of its Subsidiaries in substantially the form of Exhibit 4.1B, as amended, restated or supplemented from time to time.

  • Pledge Agreements means the Borrower Pledge Agreement, the Holdings Pledge Agreement, and any other pledge agreement entered into after the Closing Date by any Credit Party (as required by the Agreement or any other Loan Document).

  • Foreign Pledge Agreements means each pledge agreement, charge or collateral security instrument creating a security interest in the Capital Stock of the Foreign Subsidiary Borrowers and certain other first-tier Foreign Subsidiaries of the Company, in each case, in form and substance reasonably satisfactory to the Administrative Agent, as such agreements may be amended, supplemented or otherwise modified from time to time.

  • Credit Support Pledge Agreement The Credit Support Pledge Agreement, dated as of November 24, 1998, among the Master Servicer, GMAC Mortgage Corporation, Combined Collateral LLC and The First National Bank of Chicago (now known as Bank One, National Association), as custodian.

  • Pledge Agreement Supplement means, with respect to each Pledge Agreement, the Pledge Agreement Supplement in the form affixed as an Exhibit to such Pledge Agreement.

  • Negative Pledge Agreement means the Negative Pledge Agreement(s) dated on or about April 6, 2010, executed by any Borrower in favor of Bank and any similar negative pledge financing statements covering Property of any Borrower, as the Negative Pledge Agreement may be amended, supplemented or otherwise modified from time to time.

  • Subsidiary Pledge Agreement means that certain Subsidiary Pledge Agreement, dated as of the Agreement Date in favor of the Administrative Agent, for itself and on behalf of the Lenders and the Issuing Bank, substantially in the form of Exhibit N attached hereto, and shall include any similar agreements executed pursuant to Section 5.10 hereof.

  • Share Pledge Agreement has the meaning given such term in the definition of Collateral and Guaranty Requirements.

  • Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent in respect of a first priority pledge over the Escrow Account and all funds held on the Escrow Account from time to time, granted in favour of the Noteholders.

  • Proceeds Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent on or prior to the First Issue Date in respect of a first priority pledge over the Proceeds Account and all funds held on the Proceeds Account from time to time, granted in favour of the Agent and the Bondholders (represented by the Agent).

  • Security and Pledge Agreement shall have the meaning set forth in Section 4.01(c).

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.

  • Pledge Amendment shall have the meaning assigned to such term in Section 5.1 hereof.

  • Guaranty Agreement means an agreement executed by the Guarantors in substantially the form of Exhibit F-2 unconditionally guarantying on a joint and several basis, payment of the Indebtedness, as the same may be amended, modified or supplemented from time to time.

  • Second Lien Security Agreement means the “Security Agreement” as defined in the Second Lien Credit Agreement.

  • First Lien Security Agreement means the “Security Agreement” as defined in the First Lien Credit Agreement.