Examples of Pledged Company Interests in a sentence
The Pledge Agreement, together with the delivery of the certificates evidencing ownership of the Pledged Company Interests and the endorsement in blank, as being delivered concurrently herewith, will create a valid perfected, first priority lien on, and security interest in and to, the Collateral, all in accordance with the terms thereof.
There are no Liens on the Pledged Company Interests (other than the Liens created by the Loan Documents).
If the delay is excusable under this FORCE MAJEURE AND NOTICE OF DELAY FROM FORCE MAJEURE section, the delay will not result in any additional charge or cost under the Agreement to either Party.
Borrower does not own any equity interests other than the Pledged Company Interests.
Borrower shall not enter into any line of business other than the ownership of the Pledged Company Interests and the Collateral, or make any material change in the scope or nature of its business objectives, purposes or operations, or undertake or participate in activities other than the continuance of its present business.