Pledged Issuer has the meaning specified therefor in the definition of the term “Pledged Shares”.
Pledged Issuer means, at any time, any Person which is at such time an Issuer with respect to any Pledged Securities or Pledged Security Entitlements.
Pledged Issuer means individually, and “Pledged Issuers” means collectively, each of the “Pledged Issuers” set forth on Schedule 1.
Examples of Pledged Issuer in a sentence
To this end, Pledgor irrevocably appoints Lender the proxy and attorney- in-fact of Pledgor, with full power of substitution, to vote and to act with respect to the Collateral and to exercise any and all other rights which Pledgor may have as a shareholder or other equityholder in any Pledged Issuer subject to the understanding that such proxy may not be exercised unless an Event of Default has occurred and is continuing and Agent shall have delivered a Voting Rights Election to Pledgor.
Nothing in this Agreement shall prohibit the issuance of cash dividends by any Pledged Issuer if such distribution is permitted under the Loan Agreement.
More Definitions of Pledged Issuer
Pledged Issuer means any Subsidiary of any Loan Party in its capacity as the “issuer” (as defined in the definition of “Equity Interest”) of any Subsidiary Equity Interest in which any Loan Party has any right, title or interest and which is subject to a Lien in favor of Agent for the benefit of the Secured Parties created under this Agreement or any Other Document.
Pledged Issuer shall have the meaning assigned to such term in the U.S. Pledge and Security Agreement or the Canadian Pledge and Security Agreement, as applicable.
Pledged Issuer means a Person the securities or ownership interests of which have been pledged pursuant hereto.
Pledged Issuer means any Subsidiary of any Loan Party in its capacity as the “issuer” (as defined in the definition of “Equity Interest”) of any Subsidiary Stock in which any Loan Party has any right, title or interest and which is subject to a Lien in favor of Agent for the benefit of the Secured Parties created under this Agreement or any Other Document.
Pledged Issuer means any issuer of Pledged Collateral.
Pledged Issuer means any Subsidiary of any Loan Party in its capacity as the “issuer” (as defined in the definition of “Equity Interest”) of any Subsidiary Equity Interest in which any Loan Party has any right, title or interest and which is subject to a Lien in favor of Agent for the benefit of the Secured Parties created under this Agreement or any Other Document. “PNC” shall have the meaning set forth in the preamble to this Agreement and shall include all of its successors and assigns. “Post-Petition Obligations” shall have the meaning set forth in the definition of “Obligations”. “Pro Forma Balance Sheet” shall have the meaning set forth in Section 5.5(a) hereof. “Pro Forma Financial Statements” shall have the meaning set forth in Section 5.5(b) hereof. “Projections” shall have the meaning set forth in Section 5.5(b) hereof. “Properly Contested” shall mean, in the case of any Indebtedness, Lien or Taxes, as applicable, of any Person that are not paid as and when due or payable by reason of such Person’s bona fide dispute concerning its liability to pay the same or concerning the amount thereof: (a) such Indebtedness, Lien or Taxes, as applicable, are being properly contested in good faith by appropriate proceedings promptly instituted and diligently conducted; (b) such Person has established appropriate reserves as shall be required in conformity with GAAP; (c) the non-payment of such Indebtedness or Taxes will not have a Material Adverse Effect or will not 65 074658.21069/130240014v.3
Pledged Issuer means an Issuer of Pledged Stock.