Pledged Company definition

Pledged Company any Subsidiary of the Borrower the Capital Stock of which is pledged to the Collateral Agent pursuant to any Security Document.
Pledged Company means any issuer of the Initial Pledged Equity or any successor entity to any such issuer; provided that, if all of the Equity Interests issued by a Pledged Company and pledged by a Grantor to the Collateral Agent hereunder are released from the Transaction Liens in accordance with the terms of this Agreement and the Credit Agreement, then from and after such release, such issuer shall no longer be a Pledged Company.
Pledged Company has the meaning assigned to such term in the Security Agreement.

Examples of Pledged Company in a sentence

  • Mark its Books and Records (and shall cause the Pledged Company to mark its Books and Records) to reflect the security interest granted pursuant to this Agreement.


More Definitions of Pledged Company

Pledged Company means each of Navios Maritime Partners L.P., Navios Maritime Acquisition Corporation, Navios Maritime Containers Inc. and Navios GP L.L.C.
Pledged Company means, each Person listed on Schedule 1 hereto as a “Pledged Company”, together with each other Person, all or a portion of whose Capital Stock, is acquired or otherwise owned by Grantor after the Issue Date.
Pledged Company means each member of the Restricted Group.
Pledged Company has the meaning set forth in the recitals. Global Water, LLC Pledge and Security Agreement
Pledged Company means BWSC and any other Subsidiary the Equity Interests of which has been pledged to Bank to secure the Obligations pursuant to the terms and conditions hereof or any Loan Document.
Pledged Company means Borrowers and any other Subsidiary the Ownership Interests of which have been pledged to Bank to secure the Obligations pursuant to the terms and conditions hereof or any Loan Document.
Pledged Company means each Consolidated Party, the Equity Interests of which have been pledged, or are required to be pledged pursuant to the terms hereof or any Loan Document, to the Agent, for the benefit of the Lenders, pursuant to a Pledge Agreement.