Notes Pledge Agreement definition
Examples of Notes Pledge Agreement in a sentence
Collateral Agent agrees to not release any Senior Notes Pledged Collateral except pursuant to a Release Certificate and, if applicable, an accompanying Acknowledgment of Price Note Collateral Agent, as provided for by Section 4 of the Senior Notes Pledge Agreement.
The Guaranty Agreement, Notes, Pledge Agreement, Note Pledge Agreement Intercompany Subordination Agreement, Lockbox Agreement, and Security Agreement shall have been duly executed and delivered to the Agent for the benefit of the Banks, together with all appropriate financing statements and appropriate stock powers and certificates evidencing the Pledged Collateral.
The undersigned hereby acknowledges notification to it that this Intercompany Note shall be assigned and pledged to Wachovia Bank, N.A. as Collateral Agent pursuant to the Intercompany Notes Pledge Agreement referred to in the Credit Agreement, is subject to the Security Interests created thereby, and may be enforced by the Collateral Agent pursuant thereto.
In such event, the Company shall cause the assets pledged under the Additional New Notes Pledge Agreement to be pledged pursuant to the Collateral Documents securing the New Notes.
Subject to the terms and conditions contained in this -------- Agreement and the attached Promissory Notes, Pledge Agreement and Consulting Agreement, and in reliance upon the representations, warranties and covenants of the parties contained herein and therein, at the Closing Buyer agrees to acquire and Sellers agree to sell 1,000 shares of common stock, par value $.01 par share (the "Common Stock") of the Company in exchange for a combination of stock, notes and cash, as more particularly defined below.
Each Pledgor agrees to furnish the Notes Collateral Agent with written notice as required by Section 4.2 of the Notes Pledge Agreement.
All capitalized terms used but not defined herein shall have the meanings assigned to them in the Purchase Agreement, Notes, Pledge Agreement and Collateral Agreement, as applicable.
The holders of the May Notes shall have converted such notes into 650,000 shares of Company Common Stock, the pledge agreements between the holders of the May Notes and GCAP (the "May Notes Pledge Agreements") shall have been terminated and the aggregate of 1,000,000 shares of Company Common Stock pledged pursuant to the terms of the May Notes Pledge Agreement shall have been delivered to GCAP.
Terms used herein but not defined herein have the meanings assigned to such terms in the Notes Pledge Agreement.
In such event, the Additional New Notes, the Additional New Notes Indenture and the Additional New Notes Pledge Agreement shall be void ab initio and any pledge created thereby shall be cancelled.