Pledged Company Interests definition

Pledged Company Interests shall have the meaning set forth in the Pledge Agreement.
Pledged Company Interests shall have the meaning set forth in the recitals to this Agreement.
Pledged Company Interests means “Pledged Company Interests” as defined in the Pledge Agreement.

Examples of Pledged Company Interests in a sentence

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

  • Lender shall be under no obligation to delay a sale of any of the Pledged Company Interests for the period of time necessary to permit Borrower or Pledgor to register such securities for public sale under the Securities Act of 1933, as amended, or under applicable state securities laws, even if Borrower or Pledgor would agree to do so.

  • The Pledged Company Interests are “securities” within the meaning of Sections 8-l02(a)(15) and 8-103 of the Code.

  • The Borrower’s Operating Agreement and the Membership Certificate each state that the Pledged Company Interests are “securities” as such term is defined in Article 8 of the UCC as in effect in the State of Delaware.

  • Concurrently with the execution and delivery of this Agreement, Pledgors shall deliver to Lender a certificate evidencing the Pledged Company Interests (which certificate shall constitute a “security certificate” (as defined in the Code) (“the “Membership Certificate”), the form of which is attached hereto as Exhibit A.


More Definitions of Pledged Company Interests

Pledged Company Interests shall have the meaning set forth in the Recitals.
Pledged Company Interests means all of the membership interests of Pledgors in Borrower, together with all membership interest certificates, options or rights of any nature whatsoever which may be issued or granted by Borrower to Pledgors while this Agreement is in effect.
Pledged Company Interests means the limited liability company interests in Pledged Entity described on Schedule 1 attached hereto, together with all certificates, options or rights of any nature whatsoever which may be issued or granted to Pledgor by Pledged Entity while this Agreement is in effect.
Pledged Company Interests means the limited liability company interests of Pledgor in GA Tech Lessee listed on Schedule 1 hereto, together with all limited liability company interest options or rights of any nature whatsoever which may be issued or granted by GA Tech Lessee to Pledgor while this Agreement is in effect.
Pledged Company Interests means the regular membership interests, limited partnership interests or general partnership interests of any Pledgor in each LLC Company or Partnership Company, as applicable, together with all membership or partnership interest certificates, options or rights of any nature whatsoever which may be issued or granted by such LLC Company or Partnership Company, as applicable, while this Security Agreement is in effect.
Pledged Company Interests in the TSP Pledge (as defined on Schedule-1) shall be deleted and replaced with the following:
Pledged Company Interests means the limited liability company interests of Pledgor in TSP Owner listed on Schedule 1 hereto, together with all membership or partnership interest certificates, options or rights of any nature whatsoever which may be issued or granted by TSP Owner to Pledgor while this Agreement is in effect.”