Pledge and Security Agreement definition

Pledge and Security Agreement means the Pledge and Security Agreement executed and delivered by the Borrower and each Guarantor on the Closing Date in form and substance acceptable to the Initial Lender and the Collateral Agent, as it may be amended, supplemented, restated or otherwise modified from time to time. For the avoidance of doubt, the terms of the “Pledge and Security Agreement” shall include the terms of all Applicable Annexes (as defined in the Pledge and Security Agreement).

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Pledge and Security Agreement means the Pledge and Security Agreement to be executed by the Borrower and each Guarantor substantially in the form of Exhibit I.

Pledge and Security Agreement means the Pledge and Security Agreement, dated as of the date hereof, by and among the Credit Parties and the Collateral Agent on behalf of the Secured Parties.

Examples of Pledge and Security Agreement in a sentence

After the exercise of remedies provided for in Section 7.01, any amounts received on account of the Secured Obligations shall be applied by the Collateral Agent in accordance with Section 4.02 of the Pledge and Security Agreement and/or the similar provisions in the other Security Documents.
Notwithstanding the foregoing, Excluded Swap Obligations with respect to any Guarantor shall not be paid with amounts received from such Guarantor or its assets, but appropriate adjustments shall be made with respect to payments from other Loan Parties to preserve the allocation to Secured Obligations otherwise set forth in Section 4.02 of the Pledge and Security Agreement and/or the similar provisions in the other Security Documents.
The Administrative Agent shall have received duly executed copies of each Loan Document required to be in effect as of the date of the second Credit Extension to which an Obligor is a party, including, without limitation, the Guarantee and Collateral Agreement, the WellCo Pledgor Pledge Agreement, the Cape Phase I Pledgor Pledge and Security Agreement, the Mortgages and each Consent to Collateral Assignment.

More Definitions of Pledge and Security Agreement

Pledge and Security Agreement means the Pledge and Security Agreement, dated as of the Closing Date, executed by each of the Loan Parties (other than the Canadian Subsidiaries) and the Administrative Agent for the benefit of the holders of the Obligations, as may be further amended or modified from time to time in accordance with the terms hereof.

Pledge and Security Agreement means the Pledge and Security Agreement executed by the Company and each Subsidiary Guarantor substantially in the form of Exhibit J, as it may be amended, restated, supplemented or otherwise modified from time to time.

Pledge and Security Agreement means the Pledge and Security Agreement executed by Grantors in favor of Administrative Agent for the benefit of the Secured Parties.

Pledge and Security Agreement means the Pledge and Security Agreement in the form of Exhibit I, as it may be amended, supplemented or otherwise modified from time to time.

Pledge and Security Agreement means the Pledge and Security Agreement to be executed by Company and each Guarantor substantially in the form of Exhibit I, as it may be amended, supplemented or otherwise modified from time to time.

Pledge and Security Agreement means an agreement, in substantially the form of Exhibit I (Form of Pledge and Security Agreement), executed by each Loan Party.

Pledge and Security Agreement means the Amended and Restated First Lien Pledge and Security Agreement dated as of the Effective Date executed by the Borrower, each Guarantor and the Administrative Agent.