Member Pledge definition

Member Pledge means the Member Pledge and Security Agreement, dated as of even date herewith, between the Member and the Collateral Agent.
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Member Pledge means the Member Pledge and Security Agreement, dated as of even date herewith, between the Member and the Collateral Agent. “Misdirected Revenues” has the meaning given in Section 5.11(b).
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Member Pledge means the Amended and Restated Pledge and Security Agreement, dated as of March 10, 2016, among the Borrower Member (as the successor and assignee of Vivint Solar Holdings, Inc.), the Borrower and the Collateral Agent.
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Examples of Member Pledge in a sentence

  • The CDV membership form, through the Participating Member Pledge, will require participation in good faith in any case facilitation in which a Member is invited to participate.

  • Unless otherwise provided for and subject to the further exemptions set out in this Number 2.1.5, references to a “Lender Clearing Member” or “Clearing Member”, as applicable, in these Clearing Conditions shall with regard to a specific Securities Lending Transaction – with respect to which a pledge election has been made or which is a Fixed Term Loan – include the Lender Clearing Member (Pledge).

  • For such purposes, Eurex Clearing Borrower and the SLLH (Pledge)holder of a Specific Lender License or , in respect of a Fixed Term Loan, the Lender Clearing Member (Pledge) will enter into a pledge agreement in the form provided by Eurex Clearing AG with respect to the relevant Tri-Party Collateral Agent.

  • If Principal Collateral is provided by way of a pledge pursuant to Number 2.1.5 Paragraph (2), the obligation of the Lender Clearing Member (Pledge) or SLLH (Pledge) holder of a Specific Lender License to transfer the Loaned Assets to Eurex Clearing Borrower shall only become due upon creation of such pledge by Eurex Clearing Borrower.

  • Upon the occurrence of an Insolvency Termination Event and a Termination Date with regard to the holder of a Specific Lender License or a Lender Clearing Member (Pledge), an automatic termination of all Securities Lending Transactions which are Open Term Loans with such defaulted holder of a Specific Lender License or a Lender Clearing Member (Pledge) (in such capacity only) Clearing Member shall occur with immediate effect.

  • Upon the occurrence of a Termination Event (other than an Insolvency Termination Event) and a Termination Date with respect to a holder of a Specific Lender License or a Lender Clearing Member (Pledge), Eurex ClearingAG Borrower shall be entitled to terminate the Securities Lending Transactions with such defaulted holder of a Specific Lender License or a Lender Clearing Member (Pledge) (in such capacity only) Clearing Member prior to their Maturity Date.

  • Eurex ClearingAG Borrower shall in addition to the return of the Equivalent Loaned Assets pay a Compensation Amount (as defined below) to the relevant holder of a Specific Lender License or Lender Clearing Member (Pledge).

  • If Principal Collateral is provided by way of a pledge pursuant to Number 2.1.5 Paragraph (2), the obligation of the Lender Clearing Member (Pledge) or holder of a Specific Lender LicenseSLLH (Pledge) to release such pledge shall only become due after Eurex Clearing Borrower has actually delivered Equivalent Loaned Assets to the Lender Clearing Member (Pledge) or holder of a Specific Lender LicenseSLLH (Pledge).

  • Upon the occurrence of a Termination Event or Insolvency Termination Event and a Termination Date with respect to a Borrower Clearing Member, Eurex ClearingAG Borrower shall be entitled to conduct a Return in respect of the related Securities Lending Transactions which are Fixed Term Loans with the relevant holder of a Specific Lender License or Lender Clearing Member (Pledge) in accordance with Number 2.2.2 (which shall be applied mutatis mutandis to Fixed Term Loans as if these were Open Term Loans).

  • Upon the occurrence of an Insolvency Event with respect to Eurex Clearing AG in relation to Securities Lending Transactions concluded between Eurex ClearingAG Borrower and the holder of a Specific Lender License or a Lender Clearing Member (Pledge), an automatic termination of all such Securities Lending Transactions shall occur.


More Definitions of Member Pledge

Member Pledge has the meaning given in Section 2.7(a)(i)(B) of this Agreement.
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Related to Member Pledge

  • Sale or Pledge means a voluntary or involuntary sale, conveyance, mortgage, grant, bargain, encumbrance, pledge, assignment, grant of any options with respect to, or any other transfer or disposition of (directly or indirectly, voluntarily or involuntarily, by operation of law or otherwise, and whether or not for consideration or of record) of a legal or beneficial interest.

  • securitisation special purpose entity or ‘SSPE’ means a corporation trust or other entity, other than an institution, organised for carrying out a securitisation or securitisations, the activities of which are limited to those appropriate to accom­ plishing that objective, the structure of which is intended to isolate the obligations of the SSPE from those of the originator institution, and in which the holders of the beneficial interests have the right to pledge or exchange those interests without restriction;

  • Holdings Pledge Agreement means the Holdings Pledge Agreement, dated as of the Closing Date, among Holdings and the Collateral Agent.

  • Joint Venture (JV means an association with or without a legal personality distinct from that of its members, of more than one Consultant where one member has the authority to conduct all business for and on behalf of any and all the members of the JV, and where the members of the JV are jointly and severally liable to the Procuring Entity for the performance of the Contract.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • State Pledge means the pledge of the State of Michigan as set forth in Section 10n(2) of the Securitization Law.

  • Borrower Pledge Agreement means the Pledge Agreement executed and delivered by the Borrower pursuant to Section 5.1.5, substantially in the form of Exhibit F-1 hereto, as amended, supplemented, restated or otherwise modified from time to time.

  • Merging entity means an entity that is a party to a merger and exists immediately before the merger becomes effective.

  • Joint Venture Entity means any Joint Venture, any Wholly-Owned Subsidiary of a Joint Venture or any JV Subsidiary.

  • 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.

  • Limited Partnership Interest means the ownership interest of a Limited Partner in the Partnership at any particular time, including the right of such Limited Partner to any and all benefits to which such Limited Partner may be entitled as provided in this Agreement and in the Act, together with the obligations of such Limited Partner to comply with all the provisions of this Agreement and of such Act.

  • Joint Venture Subsidiary means a Subsidiary of the Company or any of its Subsidiaries that has no assets and conducts no operations other than its ownership of Equity Interests of a Joint Venture.

  • Financing entity means an electric public utility, a special

  • Equity Pledge Agreement means the Equity Pledge Agreement entered into by and among the Parties hereto on June 12, 2017, pursuant to which Party C will pledge all equity interests held by it in Party B (i.e. Party B’s Equity Interests) to Party A as the pledged collateral for the contractual obligations and secured debts under the VIE Agreements.

  • ☐ - MULTI-MEMBER The “Capital Account” for each Member shall mean the account created and maintained for the Member in accordance with Section 704(b) of the Internal Revenue Code and Treasury Regulation Section 1.704-1(b)(2)(iv).

  • Foreign Subsidiary Holdco means any Guarantor Subsidiary designated as a Foreign Subsidiary Holdco by the Company, so long as such Subsidiary has no material assets other than securities, indebtedness or receivables of one or more Foreign Subsidiaries (or Guarantor Subsidiaries thereof), intellectual property relating solely to such Foreign Subsidiaries (or Guarantor Subsidiaries thereof) and/or other assets (including cash and cash equivalents) relating to an ownership interest in any such securities, indebtedness, intellectual property or Guarantor Subsidiaries.

  • General Partnership Interest means a Partnership Interest held by the General Partner that is a general partnership interest.

  • Parent Pledge Agreement means that certain Pledge Agreement, dated of the date hereof, made by Parent in favor of Agent.

  • Special Purpose Securitization Subsidiary means (i) a direct or indirect Subsidiary of the Borrower established in connection with a Permitted Securitization Financing for the acquisition of Securitization Assets or interests therein, and which is organized in a manner (as determined by the Borrower in good faith) intended to reduce the likelihood that it would be substantively consolidated with Holdings (prior to a Qualified IPO), the Borrower or any of the Subsidiaries (other than Special Purpose Securitization Subsidiaries) in the event Holdings (prior to a Qualified IPO), the Borrower or any such Subsidiary becomes subject to a proceeding under the U.S. Bankruptcy Code (or other insolvency law) and (ii) any subsidiary of a Special Purpose Securitization Subsidiary.

  • Foreign Pledge Agreement means a pledge agreement securing the Obligations or any of them that is governed by the law of a jurisdiction other than the United States and reasonably satisfactory in form and substance to the Collateral Agent.

  • holding entity means a person that is controlled by an individual;

  • CFC Holdco means any Domestic Subsidiary that has no material assets other than Equity Interests of one or more Foreign Subsidiaries that are CFCs.

  • Foreign Subsidiary Holding Company means any Domestic Subsidiary that is a direct parent of one or more Foreign Subsidiaries and holds, directly or indirectly, no other assets other than Equity Interests of Foreign Subsidiaries and other de minimis assets related thereto.

  • JV means Joint Ventures

  • Special Purpose Entity means a corporation, limited partnership or limited liability company which at all times on and after the date hereof:

  • Substitute Member means a Person who is admitted as a Member of the Company pursuant to Section 2.7 as a result of a Transfer of Shares to such Person.