Examples of Investor Pledge Agreement in a sentence
The Lender shall have receive the certificates representing the shares or other equity interests pledged pursuant to the Investor Pledge Agreement, as amended as of the date hereof, together with an undated stock power for each such certificate executed in blank by a duly authorized officer of the pledgor thereof.
MLP is the sole holder of record and beneficial owner of the Class A Interests, free of any Liens (other than Liens created by or arising through the LLC Operating Agreement and the Liens under the Class A Investor Pledge Agreement).
The Lender shall have received an amendment to the Investor Pledge Agreement, reasonably satisfactory in form and substance to the Lender, executed and delivered by a duly authorized officer of each party thereto.
In furtherance of the foregoing, the Borrower shall promptly cause all Preferred Stock that is converted into common capital stock of the Borrower to be pledged to the Administrative Agent pursuant to an Investor Pledge Agreement.
The Company agrees that promptly following the receipt of any such request, it shall transmit such request to the Agent pursuant to the Investor Pledge Agreement and shall upon written response from the Agent promptly inform such Member of the number of Units which have been released from such pledge.
Each Member further acknowledges and agrees that following an IPO Event any Transfer of its Units is subject to such Units being released pursuant to the terms of the Investor Pledge Agreement.
The "Effective Date" (as such term is defined therein) shall have occurred in accordance with the terms and conditions of Pledge Supplement and Amendment No. 2 to the Investor Pledge Agreement, dated as of the dated hereof.
Each Member acknowledges and agrees that prior to an IPO Event all of its Units shall be pledged pursuant to the Investor Pledge Agreement and shall not be available to be released therefrom until the occurrence of an IPO Event.
The Lender shall have received evidence in form and substance reasonably satisfactory to it that all filings, recordings, registrations and other actions, including, without limitation, the filing of duly executed financing statements on form UCC-1, necessary or, in the opinion of the Lender, desirable to perfect the Liens created by the Investor Pledge Agreement, as amended and restated as of the date hereof, shall have been completed or duly provided for.
Upon the occurrence of the Redemption Date, assuming the satisfaction of all the conditions contained herein, the Company will acquire full legal and beneficial ownership of all of the Class A Interests free and clear of any Liens (other than Liens created by or arising through the LLC Operating Agreement and the Liens under the Class A Investor Pledge Agreement) and the Class A Interests shall no longer be outstanding.