Pledged Subsidiaries definition
Examples of Pledged Subsidiaries in a sentence
Create, incur, assume or suffer to exist any Lien upon any Collateral or any assets of the Pledged Subsidiaries relating to Selinexor, whether now owned or hereafter acquired, other than the Permitted Liens and those Liens created in connection with the Sixth Amendment Transactions.
The Company has not caused, and to the Knowledge of the Company no other Person has caused, the claims and rights of Investor created by any Transaction Document in and to the Revenue Interests, the Collateral and the assets of the Pledged Subsidiaries relating to Selinexor, in each case, to be subordinated to any creditor or any other Person.
Except as set forth on Schedule 4.4, the Grantors are the exclusive owners of the entire right, title (legal and equitable) and interest in, to and under the Collateral, free and clear of all Liens, other than Permitted Liens, and the Pledged Subsidiaries own their respective assets relating to Selinexor, free and clear of all Liens, other than Permitted Liens.