Pledge Collateral definition

Pledge Collateral. : means the Pledged Interests and all Proceeds.

Pledge Collateral means all Pledgor’s right, title and interest, now or hereafter existing, in and to the Collateral that is credited, or required under this Agreement and the Pledge Agreement to be credited, to (or that is otherwise related to) the Pledge Collateral Accounts established under the Pledge Agreement, all dividends, interest, cash, securities, instruments (as defined in Article 9 of the UCC), security entitlements, investment property and other financial assets at any time and from time to time received, receivable or otherwise distributed in respect of or in exchange for, or as a renewal of, or reinvestment for, or substitution of, amounts or property in the Pledge Collateral Accounts, all rights, powers, remedies and privileges of Pledgor under or with respect to the Collateral, the Pledge Collateral Accounts or any of the foregoing, the Stock Purchase Contracts associated with the Common Equity Units from time to time credited or required to be credited to the Indemnification Collateral Account, all deposit accounts, general or payment intangibles, accounts (as defined in Article 9 of the UCC), instruments (as defined in Article 9 of the UCC) and chattel paper related to or associated with any of the foregoing, and all proceeds and returns of and from any of the foregoing.

Pledge Collateral shall have the meaning assigned to such term in the US Security Agreement.

Examples of Pledge Collateral in a sentence

• A photocopy or other reproduction of this Agreement or any financing statement covering the Pledge Collateral or any part thereof shall be sufficient as a financing statement where permitted by law.

• Mezzanine Lender's sole duty with respect to the custody, safekeeping and physical preservation of the Pledge Collateral in its possession shall be to deal with it in the same manner as Mezzanine Lender deals with similar securities and property for its own account.

• Pledgor hereby pledges and grants to Mezzanine Lender a first priority continuing security interest in the Pledged Interests and other Pledge Collateral, as security for the complete payment and performance when due (whether at the stated maturity, by acceleration or otherwise) of the Obligations.

• Mezzanine Lender may sell the Pledge Collateral without giving any warranties as to the Pledge Collateral.

• If any sums of money or property so paid or distributed in respect of the Pledged Interests shall be received by Pledgor, then Pledgor shall, until such money or property is paid or delivered to Mezzanine Lender, hold such money or property in trust for Mezzanine Lender, segregated from other funds of Pledgor as additional Pledge Collateral security for the Obligations.

More Definitions of Pledge Collateral

Pledge Collateral has the meaning set forth in the Pledge and Security Agreement.

Pledge Collateral shall have the meaning set forth in the Indemnification Control Agreement.

Pledge Collateral means, collectively, (i) the Original Pledge Collateral; and (ii) on and from the date of creation of any Lien in compliance with the conditions as set forth in Article 10, the relevant shares or securities over which a Lien has been created (including the Additional Collateral to the extent it is in the form of shares or securities), and in each case excluding any shares or securities over which a Lien has been released in compliance with the conditions as set forth in Article 10, on and from the date of such release.

Pledge Collateral is defined in Section 2.1 of the Pledge Agreement.

Pledge Collateral has the meaning set forth in the Pledge Agreement. “Register” has the meaning set forth in Section 10.12. “Release” means any release, spill, emission, leaking, pumping, pouring, emitting, emptying, escape, injection, deposit, disposal, discharge, dispersal, dumping, leaching or migration of Hazardous Material into or through the environment. “SEC” means the United States Securities and Exchange Commission. “SEC Documents” has the meaning set forth in Section 5.21. “Secured Obligations” means the unpaid principal of and interest on (including interest accruing after the maturity of the Advances and interest, fees, costs, expenses and indemnities accruing after the filing of any petition in bankruptcy, or the commencement of any insolvency, reorganization or like proceeding, relating to any Obligor, whether or not a claim for post-filing or post-petition interest, fees, costs, expenses or indemnities is allowed or allowable in such proceeding) the Advances and all other obligations and liabilities of any Obligor to the Lender, whether direct or indirect, absolute or contingent, due or to become due, or now existing or hereafter incurred, which may arise under, out of, or in connection with, any Loan Document, whether on account of principal, interest, reimbursement obligations, fees, indemnities, costs, expenses (including all reasonable fees, charges and disbursements of counsel to the Lender that are required to be paid by any Obligor pursuant hereto) or otherwise. “Secured Pledge Obligations” means all Secured Obligations, other than Secured Obligations directly arising from the Tranche 1 Advances. “Secured Earn-Out Obligations” means all Secured Obligations, other than Secured Obligations directly arising from the Tranche 3 Advances. “Securities Act” means the Securities Act of 1933, as amended from time to time. “Security Agreement” means that certain Security Agreement dated as of the Closing Date made between the Lender and the Borrower. “Security Documents” means the Security Agreement, the Pledge Agreement and other documents as shall from time to time secure or relate to the Secured Obligations or any other 15

Pledge Collateral shall have the meaning given the term "Collateral" in each of the Guaranties.

Pledge Collateral means any certificate, instrument or other document evidencing ownership by the Grantor of interests in the Borrower or any successor of the Borrower.