Examples of Pledged Entities in a sentence
Without limiting the foregoing, any purchaser must purchase the applicable Lot subject to the terms of the governing documents of the applicable Pledged Entities (including the applicable operating agreements).
With respect to the Pledged Entities and to the extent required, the Lender shall have received all required approvals and consents to the pledge of the Pledged Equity to the Lender duly executed by each creditor, joint venture partner, regulatory body and any other Person or Governmental Authority with such approval and consent rights.
Schedule 7.28 attached hereto sets forth a statement of the authorized, issued and outstanding capital stock of the Pledged Entities and, the owners of such capital stock.
The Debtors’ position ignores the plain language of the Collateral Agreement, which provides that the Agent can exercise voting rights pertaining to the Pledged Securities “at any meeting of shareholders (or other equivalent body) of the relevant Pledged Entity or Pledged Entities or otherwise.
With respect to the Pledged Entities and their respective Subsidiaries only, prepay or accelerate the payment schedules of any Indebtedness exceeding $250,000.00, other than the Loans.