Examples of Pledged Subsidiaries in a sentence
The Issuer shall not Incur or suffer to exist any Liens (other than Permitted Liens) on (i) any Equity Interests of the Issuer in the Pledged Subsidiaries or (ii) any Collateral.
But ifthe heat removal ability is not adequate, and the tempera- ture and leakage power interact in a positive feedback loop, both can keep increasing (theoretically to infinity), leading to thermal runaway and catastrophic thermal failure.
No Pledgor has any obligation to make further capital contributions or make any other payments to the Pledged Subsidiaries with respect to its interest therein.
Such Capital Stock or equity security shall thereafter be included as "Pledged Securities" hereunder, such Pledged Subsidiary shall thereafter be included as a "Pledgor" hereunder, and such entity shall thereafter be included as one of the "Pledged Subsidiaries" hereunder.
Upon any such termination, Trustee will return all certificates evidencing ownership interests in the Pledged Subsidiaries to Pledgor and will, at Pledgor's expense, execute and deliver to Pledgor such documents (including, without limitation, UCC-3 termination statements) as Pledgor may reasonably request to evidence such termination.