Pledged Entities definition

Pledged Entities means the Corporations, the LLCs and the Partnerships.

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Pledged Entities means the corporations, limited liability companies and other entities set forth on Exhibit A and each other corporation, limited liability company or other entity, the stock or other equity interests and securities of which are owned or acquired by a Grantor and described on a Pledge Supplement.

Pledged Entities means each entity designated as such on Schedule 4.2 and any other direct Subsidiary of Borrower, the Equity Interests in which are required to be pledged pursuant to the Pledge and Security Agreement, other than Excluded Subsidiaries.

Examples of Pledged Entities in a sentence

• The undersigned agrees that, upon written notice from Lender stating that an Event of Default has occurred under the Loan Agreement, all Distributions, dividends, or other sums payable to Borrower in connection with the Pledged Entities shall be made payable to and delivered to Lender.

• The undersigned agrees that neither the execution and delivery of the Loan Agreement, the enforcement by Lender of any of its rights thereunder, nor the transfer (or agreement to transfer) by Lender of any of its rights in the Pledged Entities or under the Loan Agreement shall constitute a default under the Organizational Documents, and the undersigned expressly waives any rights it may have under the Organizational Documents as a result of the foregoing.

• The undersigned agrees that, by acceptance of the Loan Agreement, Lender assumes no obligations with respect to the Pledged Entities or to the constituent members, partners, or shareholders in the Pledged Entities and, without the prior written consent of Lender, the undersigned shall not: (a) terminate or materially amend or modify the Organizational Documents of the Pledged Entities or consent thereto; or (b) take any action that would operate to dilute the interest of Borrower in the Pledged Entities.

• This Agreement is not intended to place Administrative Agent or any Secured Party in a position of being a member, shareholder or partner of any Pledged Entity, but is intended to grant Administrative Agent, on behalf of the Secured Parties, a lien on and security interest in Pledgor’s Equity Interests in the Pledged Entities including, without limitation, any and all of the Collateral but specifically excluding any general partnership interests.

• None of the Borrowers, Guarantors, Pledged Entities or any ERISA Affiliates has any Guaranteed Pension Plan except as may be designated to the Lender in writing by the Borrowers from time to time.

More Definitions of Pledged Entities

Pledged Entities means Decorative Products Thailand, Inc., an Ohio corporation and OMNOVA Wallcovering (USA), Inc., an Ohio corporation.

Pledged Entities means the following direct Domestic Subsidiaries of the Company and the other Collat- eral Grantors: Frontier California Inc., Frontier Southwest Incorporated, Frontier Florida LLC, Citizens Telecom- munications Company of California Inc., Citizens Telecommunications Company of Illinois, Citizens Telecommu- nications Company of Utah, Frontier Communications Northwest Inc., Citizens Telecommunications Company of Idaho, Frontier Communications of the Carolinas LLC, Frontier North Inc., Citizens Telecommunications Company of Minnesota, LLC, Citizens Telecommunications Company of Tennessee, L.L.C., Frontier Communications of Minnesota, Inc., Frontier Communications of Iowa, LLC, and Frontier Communications of Wisconsin LLC.

Pledged Entities means collectively, the Pledged Distributions Entities and the Pledged Equity Entities.

Pledged Entities means the following direct Domestic Subsidiaries of the Company and the other Collateral Grantors: Frontier California Inc., Frontier Southwest Incorporated, Frontier Florida LLC, Citizens Telecommunications Company of California Inc., Citizens Telecommunications Company of Illinois, Citizens Telecommunications Company of Utah, Frontier Communications Northwest Inc., Citizens Telecommunications Company of Idaho, Frontier Communications of the Carolinas LLC, Frontier North Inc., Citizens Telecommunications Company of Minnesota, LLC, Citizens Telecommunications Company of Tennessee, L.L.C., Frontier Communications of Minnesota, Inc., Frontier Communications of Iowa, LLC, and Frontier Communications of Wisconsin LLC.

Pledged Entities those entities whose shareholders, partners, members or other equity owners have pledged an equity interest in such entity to secure the Secured Obligations.

Pledged Entities means those Subsidiaries or minority equity interests of the Obligors the Shares of which are pledged to the Administrative Agent pursuant to a Security Document.

Pledged Entities means Clearwire1, Fixed Wireless Holdings, LLC and NextNet Wireless, Inc. and their respective Domestic Restricted Subsidiaries, as applicable, in existence as of the date of this Indenture and their respective successors and assigns.