Examples of Pledged Share in a sentence
The Pledgor has no Subsidiaries other than the Pledged Share Issuers, except as set forth in Item C of Attachment 1.
In the case of any Pledged Shares constituting such Collateral, all of such Pledged Shares are duly authorized and validly issued, fully paid, and non-assessable, and constitute all of the issued and outstanding shares of capital stock of each Pledged Share Issuer.
In the event that any Dividend is to be paid on any Pledged Share or any payment of principal or interest is to be made on any Pledged Note at a time when no Default of the nature referred to in Section 11.01(f) or 11.01(g) of the Credit Agreement or Event of Default has occurred and is continuing, such Dividend or payment may be paid directly to the Pledgor.
The Pledged Shares are duly authorized and validly issued, fully paid, and non-assessable, and constitute all of the issued and outstanding shares of Capital Stock of each Pledged Share Issuer, except as otherwise described on Schedule 4.1.D to the Credit Agreement.
This payment shall be granted on the basis of the criteria adopted by the relevant Member States in 2006 and 2007.
The Pledgor shall use its commercially reasonable efforts to cause the applicable Pledged Share Issuer to comply with a request by the Collateral Agent, pursuant to this Section 2.7, to exchange certificates representing Pledged Shares of such Pledged Share Issuer for certificates of smaller or larger denominations.
In the event that any Dividend is to be paid on any Pledged Share at a time when no Default has occurred and is continuing, such Dividend may be paid directly to the Pledgor.
The Pledgor will not, without the prior written consent of the Lender, (a) sell, assign, transfer, pledge, or encumber in any other manner Pledgor's interest in the Pledged Share Issuer, or (b) permit any of the assets of the Pledged Share Issuer to be sold, assigned, transferred, pledged, or encumbered in any other manner.
In the case of any Pledged Share constituting such Collateral, all of such Pledged Shares are duly authorized and validly issued, fully paid, and non-assessable, and constitute 100% of the issued and outstanding voting capital stock and 100% of the non-voting shares of capital stock of each Securities Issuer thereof (or 100% of such lesser percentage as is permitted to be hereafter acquired pursuant to the terms of the Credit Agreement).
Upon any such termination of the Liens or release of Collateral, the Collateral Trustee will, upon request by and at the expense of the Pledged Share Collateral Guarantor, execute and deliver to the Pledged Share Collateral Guarantor such documents as the Pledged Share Collateral Guarantor shall reasonably request to evidence the termination of the Liens or the release of such Collateral, as the case may be.