Pledged Stock Collateral definition

Pledged Stock Collateral means “Pledged Collateral” as defined in Section 1 of the Securities Pledge Agreement.
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Pledged Stock Collateral means, collectively, the Capital Stock pledged to the Administrative Agent under the Credit Facility Pledge Agreement and the Capital Stock pledged to the Trustee under the Indenture Pledge Agreement.
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Pledged Stock Collateral means (i) all of the membership interests of New Earth LNG, LLC, a Delaware limited liability company, owned at any time or from time to time by PNG, together with any other equity interests, newly issued membership interests, membership interests received by reason of a stock split, bonus or any other form of issue, dividend or distribution with respect to or arising from such membership interests of any nature whatsoever that may be issued or granted to, or held by, PNG while this Agreement is in effect and (ii) to the extent not referred to in clause (i) of this sentence, (A) Supporting Obligations and Incidental Property Rights incident to, arising or accruing pursuant to or otherwise relating to any of the things referred to in clause (i) of this sentence, whether arising or accruing from any action taken by PNG or the Secured Party or otherwise, (B) Proceeds, other proceeds and Products of any of the things referred to in clauses (i) and (ii)(A) of this sentence.
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Examples of Pledged Stock Collateral in a sentence

  • This Agreement shall be binding --------------------------------------- upon and inure to the benefit of the parties hereto and shall inure to the benefit of the Corporation its successors and assigns and nothing herein is intended or shall be construed to give any other Person any right, remedy or claim under, to or in respect of this Agreement or any Pledged Stock Collateral.

  • The Corporation shall have the right upon any such public sales or other disposition, to the extent permitted by applicable law, to purchase the whole or any part of the Pledged Stock Collateral so sold or disposed of.

  • Each of Borrower and the Corporation agrees that ---------------------- the parties hereto may supplement, amend or superseded this Agreement with a collateral agreement among the Corporation, Borrower and a third party bank, as trustee, pursuant to which such third party bank shall accept and maintain possession of the Pledged Stock Collateral until such time as the Secured Obligations shall have been satisfied.

  • Borrower agrees that he will not xxxx, xssign, transfer, exchange, or otherwise dispose of, or grant any option or right with respect to, the Pledged Stock Collateral, nor will it create, incur or permit to exist any lien, security interest therein, change or encumbrance with respect to any of the Pledged Stock Collateral, any interest, or any proceeds thereof except as permitted by this Agreement.

  • Borrower hereby agrees to execute such financing --------------------- statements as the Corporation may request, from time to time, with respect to the Pledged Stock Collateral, and take such action as may be required to perfect and keep perfected the security interest in the Pledged Stock Collateral created hereby, and Borrower hereby authorizes the Corporation to execute as its attorney in fact and file any such financing statements on Borrower's behalf.

  • All proceeds of any such transaction (whether or not consented to by Lender) shall be paid directly to Lender as Pledged Stock Collateral hereunder, and if delivered to Pledgor, shall be received by Pledgor in trust for Lender's benefit and immediately delivered to Lender in the exact form delivered to Pledgor (with appropriate endorsements and instruments of assignment in favor of Lender) to be held and applied as Pledged Stock Collateral under this Agreement.

  • The original certificates representing all Pledged Stock Collateral shall be held by Lender.

  • All cash proceeds received by the Collateral Agent in respect of the Collateral and the Pledged Stock Collateral, whether by foreclosure or otherwise, shall, to the extent payable to the holders of Notes in accordance with the terms hereof and of the lntercreditor Agreement, be reasonably promptly distributed to the holders of Notes ratably in accordance with the terms and provisions of the Security Agreements, the Pledge Agreements and/or lntercreditor Agreement, as the case may be.

  • Such notice, in case of public sale, shall state the time and place fixed for such sale, and, in the case of sale at a broker's board or exchange at which such sale is to be made, the day on which the Pledged Stock Collateral, or portion thereof, will first be offered for sale at such board or exchange.

  • The former Chief Executive Officer (also a former director) of the Company is included as a component of the key management personnel for compensation disclosure purposes in 2018.


More Definitions of Pledged Stock Collateral

Pledged Stock Collateral means, if applicable, the "Collateral" as described in the Pledge Agreement.
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Pledged Stock Collateral means, with respect to each Pledgor:
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Pledged Stock Collateral means collectively (a) the Initial Pledged Shares and the certificates and instruments representing such shares, and all dividends, interest, principal, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Initial Pledged Shares, and (b) all additional shares of stock in any issuer of the Initial Pledged Shares from time to time acquired by the Borrower in any manner, and the certificates and instruments representing such additional shares, and all dividends, interest, principal, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such shares. Notwithstanding anything herein to the contrary, in no event shall the terms “Collateral” or “Pledged Stock Collateral” be deemed to include any of the outstanding stock or other equity interests in a Foreign Subsidiary in excess of 65% of the voting power of all classes of stock or other equity interests in such Foreign Subsidiary entitled to vote in the election of directors or other similar body of such Foreign Subsidiary.
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Pledged Stock Collateral means collectively (a) the Initial Pledged Shares and the certificates and instruments representing such shares, and all dividends, interest, principal, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the Initial Pledged Shares, and (b) all additional shares of stock of W.X. Plastics Corporation from time to time acquired by the Borrower in any manner, and the certificates and instruments representing such additional shares, and all dividends, interest, principal, cash, instruments and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such shares.
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Related to Pledged Stock Collateral

  • 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.

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

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

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

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

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

  • 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.

  • Pledged Security Entitlements means all security entitlements with respect to the financial assets listed on Schedule 4.7(c) (as such schedule may be amended from time to time) and all other security entitlements of any Grantor.

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

  • 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.

  • Securities Collateral means, collectively, the Pledged Securities, the Intercompany Notes and the Distributions.

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

  • Pledged Interests shall have the meaning ascribed to such term in Section 4(j).

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Initial Pledged Shares means, collectively, with respect to each Pledgor, the issued and outstanding shares of capital stock of each issuer described in Schedule 11 annexed to the Perfection Certificate together with all rights, privileges, authority and powers of such Pledgor relating to such interests in each such issuer or under any Organizational Document of each such issuer, and the certificates, instruments and agreements representing such shares of capital stock and any and all interest of such Pledgor in the entries on the books of any financial intermediary pertaining to the Initial Pledged Shares.

  • Pledged Items means, as of any date, any and all securities and instruments delivered by the Pledgor to be held by the Collateral Agent under this Collateral Agreement as Collateral, whether Eligible Collateral or Ineligible Collateral.

  • 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.

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • Pledged Uncertificated Stock means any Stock or Stock Equivalent of any Person that is not a Pledged Certificated Stock, including all right, title and interest of any Grantor as a limited or general partner in any Partnership or as a member of any LLC and all right, title and interest of any Grantor in, to and under any Partnership Agreement or LLC Agreement to which it is a party.

  • Pledged Funds means all of the Series Pledged Funds.

  • Pledged Trust Interests means all interests in a Delaware business trust or other trust including, without limitation, all trust interests listed on Schedule 4.4(A) under the heading “Pledged Trust Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such trust interests and any interest of such Grantor on the books and records of such trust or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities 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 such trust interests.

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

  • Investment Property the collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of the New York UCC (other than any Foreign Subsidiary Voting Stock excluded from the definition of “Pledged Stock”) and (ii) whether or not constituting “investment property” as so defined, all Pledged Notes and all Pledged Stock.