Pledged Equity Collateral definition

Pledged Equity Collateral is defined in Section 1.4.
Pledged Equity Collateral means, collectively, the Pledged Stock, the Pledged Partnership Interests, the Pledged LLC Interests, any other Investment Property of any Grantor, all certificates or other instruments representing any of the foregoing and all Security Entitlements of any Grantor in respect of any of the foregoing.
Pledged Equity Collateral means (i) the Pledged Equity Interests, (ii) all “investment property” (as such term is defined in Article 9 of the UCC) relating to the Pledged Equity Interests, (iii) all collateral accounts or securities accounts relating to any of the foregoing whether now owned or hereafter acquired, (iv) all Collateral Records, Collateral Support and “supporting obligations” (as such term is defined in the UCC) relating to any of the foregoing, and (v) all proceeds, products, accessions, rents and profits of or in respect of any of the foregoing.

Examples of Pledged Equity Collateral in a sentence

  • Grantor will warrant and defend the right and title herein granted to Administrative Agent in and to the Pledged Equity Collateral (and all right, title, and interest represented by the Pledged Equity Collateral) against the claims and demands of all persons whomsoever.

  • At all times, Grantor will keep pledged to Administrative Agent pursuant hereto all Pledged Equity, all other Pledged Collateral, all Dividends and Distributions with respect thereto (subject, however, to Section 1.4.c), and all other securities, instruments, proceeds, capital accounts, and rights from time to time received by or distributable to Grantor in respect of any Pledged Equity Collateral.

  • Promptly upon receipt and without any request by Administrative Agent, Grantor agrees to deliver to Administrative Agent (properly endorsed if required hereby or requested by Administrative Agent) all Distributions, all Dividends (subject, however, in each case to Section 1.4.c), all other non-Dividend cash payments, and all proceeds thereof, all of which will be held by Administrative Agent as additional Pledged Equity Collateral.

  • Each Grantor will warrant and defend the right and title herein granted to Administrative Agent in and to the Pledged Equity Collateral (and all right, title, and interest represented by the Pledged Equity Collateral) against the claims and demands of all persons whomsoever.

  • At all times, each Grantor will keep pledged to Administrative Agent pursuant hereto all Pledged Equity, all other Pledged Collateral, all Dividends and Distributions with respect thereto (subject, however, to Section 1.5.c), and all other securities, instruments, proceeds, capital accounts, and rights from time to time received by or distributable to any Grantor in respect of any Pledged Equity Collateral.

  • Grantor agrees that all Pledged Equity (and all other equity ownership interests constituting Pledged Equity Collateral) delivered by Grantor pursuant to this Security Agreement will be accompanied by duly executed undated blank powers, appointments or other equivalent instruments of transfer acceptable to Administrative Agent.

  • Xxxx Xxxntor agrees that all Pledged Equity (and all other equity ownership interests constituting Pledged Equity Collateral) delivered by any Grantor pursuant to this Security Agreement will be accompanied by duly executed undated blank powers, appointments or other equivalent instruments of transfer acceptable to Administrative Agent.

  • All instruments and writings evidencing Pledged Equity Collateral and other Investment Property shall be delivered to the Collateral Agent concurrently with or prior to the execution and delivery of this Agreement.

  • Each Grantor agrees that all Pledged Equity (and all other equity ownership interests constituting Pledged Equity Collateral) delivered by any Grantor pursuant to this Security Agreement will be accompanied by duly executed undated blank powers, appointments or other equivalent instruments of transfer acceptable to Administrative Agent.

  • Each Grantor will at all times cause: (i) the Collateral Agent to have control (within the meaning of the UCC and the PPSA) over all Pledged Equity Collateral and other Investment Property included within the Collateral and (ii) any certificates, documents, or instruments evidencing Investment Property included within the Collateral to be valid and genuine.


More Definitions of Pledged Equity Collateral

Pledged Equity Collateral has the meaning specified in Section 12.02.
Pledged Equity Collateral means, collectively, the Pledged Stock Collateral, the Pledged LLC Collateral, the Pledged Partnership Collateral and the Pledged Other Equity Collateral; provided, however, that Pledged Equity Collateral shall not include any Excluded Property.

Related to Pledged Equity Collateral

  • Equity Collateral shall have the meaning set forth in Section 11.6 hereof.

  • Pledged Equity has the meaning specified in the Security Agreement.

  • Pledged Equity Interest means an Equity Interest that is included in the Collateral at such time.

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests, Pledged Trust Interests and Pledged Alternative Equity Interests.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Security Collateral with respect to any Granting Party, means, collectively, the Collateral (if any) and the Pledged Collateral (if any) of such Granting Party.

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • Pledged Investment Property means any investment property of any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, other than any Pledged Stock or Pledged Debt Instruments.

  • Pledged Funds means all of the Series Pledged Funds.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Pledged Debt Instruments means all right, title and interest of any Grantor in Instruments evidencing any Indebtedness owed to such Grantor, including all Indebtedness described on Schedule 2 (Pledged Collateral), issued by the obligors named therein.

  • Pledged LLC Interests means all right, title and interest of any Grantor as a member of any LLC and all right, title and interest of any Grantor in, to and under any LLC Agreement to which it is a party.

  • Additional Pledged Collateral means all shares of, limited and/or general partnership interests in, and limited liability company interests in, and all securities convertible into, and warrants, options and other rights to purchase or otherwise acquire, stock of, either (i) any Person that, after the date of this Agreement, as a result of any occurrence, becomes a direct Subsidiary of any Grantor or (ii) any issuer of Pledged Stock, any Partnership or any LLC that are acquired by any Grantor after the date hereof; all certificates or other instruments representing any of the foregoing; all Security Entitlements of any Grantor in respect of any of the foregoing; all additional indebtedness from time to time owed to any Grantor by any obligor on the Pledged Notes and the instruments evidencing such indebtedness; and all interest, cash, instruments and other property or Proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the foregoing, provided, that, in no event shall Additional Collateral include any Excluded Equity. Additional Pledged Collateral may be General Intangibles or Investment Property.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Pledged Collateral has the meaning assigned to such term in Section 2.01.

  • Pledged Stock has the meaning assigned to such term in Section 3.01.

  • Pledged Indebtedness means the Indebtedness evidenced by promissory notes and instruments listed on Part B of Schedule I hereto;

  • Pledged Securities means any promissory notes, stock certificates or other securities now or hereafter included in the Pledged Collateral, including all certificates, instruments or other documents representing or evidencing any Pledged Collateral.

  • Pledged Debt has the meaning specified in the Security Agreement.

  • Second Priority Collateral Documents means the Noteholder Collateral Documents and any other agreement, document or instrument pursuant to which a Lien is now or hereafter granted securing any Second Priority Claims or under which rights or remedies with respect to such Liens are at any time governed.

  • Pledged Shares has the meaning provided in Section 2 hereof.

  • Stock Collateral means, collectively, the Collateral described in clauses (a) through (c) of Section 3 hereof and the proceeds of and to any such property and, to the extent related to any such property or such proceeds, all books, correspondence, credit files, records, invoices and other papers.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.