Pledged Shares definition

Pledged Shares has the meaning provided in Section 2 hereof.

Pledged Shares means those shares listed on Part A of Schedule I hereto.

Pledged Shares means all shares or interest of Capital Stock of any Pledged Share Issuer which are required to be delivered by the Pledgor to the Administrative Agent as Pledged Property hereunder.

Examples of Pledged Shares in a sentence

• Any action taken by the Pledgee to safeguard and preserve the Pledged Shares shall be solely at the expense and risk of the Pledgors.

• The compensation obligations of the Pledgors contained in this Section shall continue in full force and effect regardless of the termination of this Agreement and shall survive the sale or transfer of the Pledged Shares (or any part thereof) pursuant to Section Three of this Agreement or otherwise.

• The provisions of this paragraph and the grant of the above irrevocable power of attorney shall be recorded in the entry made in the share registry ledger of each Issuer with respect to the Pledged Shares and this Agreement.

• The Pledgors shall be liable for any claims, actions, obligations, losses, damages, injuries, liabilities, costs and expenses, including taxes, arising out of or relating to the Pledged Shares and, in connection with the foregoing events, to act in the manner provided, among others, in subsection (b)(i) and (iv) of Clause Sixth.

• The Pledgors hereby expressly and irrevocably authorize the Pledgee to, in the event of an Event of Default, foreclose the Pledged Shares in accordance with the provisions of Article 341 and other applicable provisions of the Law of Credit Instrument and Transactions and/or exercise its rights in any other manner contemplated by the Law of Credit Instrument and Transactions, at the cost of such Pledgors, in order to obtain payment of the Secured Obligations.

More Definitions of Pledged Shares

Pledged Shares has the meaning specified in the Pledge Agreement.

Pledged Shares means the shares of capital stock or other equity, partnership or membership interests described on Schedule 1.2 attached hereto and incorporated herein by reference, and all other shares of capital stock or other equity, partnership or membership interests (other than in an entity which is a Foreign Subsidiary) acquired by any Debtor after the date hereof.

Pledged Shares shall have the meaning given to such term in Recital B above.

Pledged Shares has the meaning specified in the Security Agreement.

Pledged Shares has the meaning set forth in Paragraph 4 hereof.

Pledged Shares means, collectively, the Initial Pledged Shares and the Additional Pledged Shares.

Pledged Shares shall have the meaning provided in the recitals hereto.