Examples of Membership Interest Pledge Agreement in a sentence
The payment of this Note shall be secured by that Membership Interest Pledge Agreement of even date herewith (as the same may be amended from time to time, the “Pledge Agreement”) by and between the Pledgors named therein and the Company.
Subject to Section 1.5, the Secured Investor Notes shall be secured by the Membership Interest Pledge Agreement substantially in the form attached hereto as Exhibit B, as the same may be amended from time to time (the “Pledge Agreement”).
Appendix 13: Membership Interest Pledge Agreement with Seller’s Parent, LCSI Holding, Inc.
In addition, (a) Seller agrees that Buyer shall have a first priority lien on and security interest in the Collateral (as defined in the Membership Interest Pledge Agreement), and (b) Seller agrees to use its best efforts to facilitate a good faith negotiation between Buyer and such lender to reach a mutually acceptable inter-creditor agreement related to the lender’s and Buyer’s respective rights and interests in the Assets and the Collateral.
The Amended and Restated Membership Interest Pledge Agreement, dated as of the Closing Date, among MSRC and the Collateral Agent as the same may be amended from time to time hereafter, and in form and substance satisfactory to the Administrative Agent.