Original Pledgor definition
Examples of Original Pledgor in a sentence
On the Effective Date (in the case of an Original Pledgor) or the date on which it signs and delivers its first Pledge Agreement Supplement (in the case of any other Pledgor), such Pledgor will, with respect to each Pledged Instrument issued by any Subject Issuer having a principal amount of $50,000,000 or more then owned by it, deliver such Instrument to the Secured Party as Collateral hereunder.
On the Effective Date (in the case of an Original Pledgor) or the date on which it signs and delivers its first Pledge Agreement Supplement (in the case of any other Pledgor), such Pledgor will enter into (and cause the relevant issuer to enter into) an Issuer Control Agreement in respect of each Pledged Uncertificated Security issued by any Subject Issuer then owned by such Pledgor and deliver such Issuer Control Agreement to the Secured Party (which shall enter into the same).
On the Effective Date (in the case of an Original Pledgor) or the date on which it signs and delivers its first Pledge Agreement Supplement (in the case of any other Pledgor), such Pledgor will deliver to the Secured Party as Collateral hereunder all certificates representing Pledged Certificated Securities issued by any Subject Issuer then owned by such Pledgor.
Original Pledgor the pledgor under the Original Pledge Agreement.
Certificates of existence and good standing for the Seller, Original Pledgor, Replacement Pledgor, and Guarantor.
In addition to the foregoing, each Original Pledgor hereby ratifies, reaffirms, renews and continues its prior pledge and grant of a security interest in favor of Agent, for the benefit of the Secured Parties, in all of the Pledged Collateral described in the Original Pledge Agreement.
Mortgage Lender hereby further authorizes and directs Pledgor to file an assignment or termination of any Collateral Document filed in connection with the Mortgage Loan reflecting Pledgor or Original Pledgor as debtor and Mortgage Lender or Original Lender as secured party.
Reference is made to the Loan and Security Agreement, dated as of February 28, 2013 (as amended, supplemented or otherwise modified from time to time, the “Loan Agreement”), between the Pledgee and Original Pledgor.
This Amendment, duly executed and delivered by ▇▇▇▇▇▇, Original Pledgor, Guarantor and ▇▇▇▇▇ and acknowledged by Replacement Pledgor.
No amendments have been made to the organizational documents of Seller, Original Pledgor or Guarantor since January 16, 2020, other than updated organizational documents of Seller delivered to Buyer in connection with this Amendment reflecting the replacement of Original Pledgor with Replacement Pledgor as the sole equity owner of Seller.