Mexican Share Pledge Agreement definition

Mexican Share Pledge Agreement means the share pledge agreement (contrato de prenda sobre acciones) dated as of the date hereof by and among the Note Parties party thereto, as pledgors, and the Collateral Agent, as pledgee, for the benefit of the Secured Parties, substantially in the form attached as Exhibit J hereto.
Mexican Share Pledge Agreement means that certain share pledge agreement (contrato de prenda sobre acciones) dated September 8, 2020 by and among the Grantors party thereto, as pledgors, and the Collateral Agent, as pledgee, for the benefit of the DIP Secured Parties, with the acknowledgement of the Subsidiaries indicated therein, pursuant to which each pledgor has created a first priority pledge and security interest on all of the shares representing the corporate capital of the Subsidiaries indicated therein, in favor of the Collateral Agent for the benefit of the DIP Secured Parties.
Mexican Share Pledge Agreement means that certain share pledge agreement with respect to one hundred per cent (100%) of the Equity Interests of each of Quifa, PDM, Gelcaps and GFS, dated as of the Mexican Share Pledge Agreement Execution Date, by and among the Borrower, Allophane, and Somar Holding Company, as pledgors, and the Mexican Collateral Agent (on behalf of the Secured Parties), as pledgee, with the appearance of each of Quifa, PDM, Gelcaps and GFS, governed by the laws of Mexico, substantially in the form attached hereto as Exhibit G-2.

Examples of Mexican Share Pledge Agreement in a sentence

  • For the avoidance of doubt, nothing in this Amendment shall be deemed to, and the releases set forth in this Section 3 shall not otherwise, impair the grant of security interests by any Loan Party pursuant to any Collateral Document (other than the Mexican Share Pledge Agreement and the Peruvian Share Pledge Agreement), all of which are reaffirmed and continued as set forth in Section 4(b).

  • The Security (other than the Security to be created by the Mexican Share Pledge Agreement) has been duly created and perfected as valid and enforceable first priority Liens or other interests or rights of the kind the relevant Collateral Documents (other than the Security to be created by the Mexican Share Pledge Agreement) purport to create with respect to the Collateral, in both cases pursuant to Applicable Law.


More Definitions of Mexican Share Pledge Agreement

Mexican Share Pledge Agreement means that certain stock pledge agreement governed by the laws of Mexico, dated as of the Closing Date, among the Borrower, as pledgor, the Administrative Agent, as pledgee, and Mission Mexico, relating to the pledge by the Borrower of sixty-five percent (65%) of the Equity Interests of Mission Mexico owned by the Borrower to secure the Secured Obligations.
Mexican Share Pledge Agreement means that certain stock pledge agreement governed by the laws of Mexico, dated as of the Closing Date, among the Borrower, as pledgor, the Administrative Agent, as pledgee, and Mission Mexico, relating to the pledge by the Borrower of sixty-five percent (65%) of the Equity Interests of Mission Mexico owned by the Borrower to secure the Secured Obligations. “Minimum Collateral Amount” means, at any time, (a) with respect to Cash Collateral consisting of cash or deposit account balances provided to reduce or eliminate Fronting Exposure during any period when a Lender constitutes a Defaulting Lender, an amount equal to one hundred five percent (105%) of the Fronting Exposure of the L/C Issuer with respect to Letters of Credit issued and outstanding at such time, (b) with respect to Cash Collateral consisting of cash or deposit account balances provided in accordance with the provisions of Section 2.14(a)(i), (a)(ii) or (a)(iii), an amount 29 CHAR1\1940028v1CHAR1\1940028v4

Related to Mexican Share Pledge Agreement

  • 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.