Pledgor Subsidiary definition

Pledgor Subsidiary has the meaning specified in Section 6.16.
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Pledgor Subsidiary means any Subsidiary of the Company or of another Subsidiary executing and delivering a Pledge Agreement.
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Pledgor Subsidiary or "Pledgor Subsidiaries" 1017 "Refinancing" 101* "Refinancing Indebtedness" 101* "Registration Default" 203 "Required Filing Date" 704 "Restricted Payment" 1006 "Senior Collateral" 204, 1401 "U.S. Global Security" 201 ----------------- * See "Permitted Indebtedness", paragraph (j) of Section 101 Section 103. Compliance Certificates and Opinions. Upon any application or request by the Company or any Subsidiary Guarantor to the Trustee to take any action under any provision of this Indenture, the Company, any Subsidiary Guarantor and any other obligor on the Securities shall furnish to the Trustee an Officers' Certificate stating that all conditions precedent, if any, provided for in this Indenture (including any covenants compliance with which constitutes a condition precedent) relating to the proposed action have been complied with, an Opinion of Counsel stating that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except that, in the case of any such application or request as to which the furnishing of such documents, certificates and/or opinions is specifically required by any provision of this Indenture relating to such particular application or request, no additional certificate or opinion need be furnished.
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Examples of Pledgor Subsidiary in a sentence

  • The Agent shall have received affirmation letters in respect of the Pledge Agreement, substantially in the form of Exhibit A, from each Pledgor Subsidiary.

  • The Additional Pledgor Subsidiary agrees that it is a “Pledgor” under the Pledge Agreement and assumes all obligations of a “Pledgor” thereunder, all as if the Additional Pledgor Subsidiary had been an original signatory to the Pledge Agreement.

  • In witness whereof, the undersigned Additional Pledgor Subsidiary and Issuer have caused this Pledge Agreement to be executed and delivered by their respective officers thereunto duly authorized as of the date first written above, and have delivered herewith, all items required by Section 16 of the Pledge Agreement.

  • The Loan Parties shall, and shall cause any Pledgor Subsidiary to, ensure that each operating agreement, limited partnership agreement and any other similar agreement of its Subsidiaries (other than Foreclosed Subsidiaries) does not prohibit Administrative Agent’s Lien on the Capital Securities or equivalent equity interests of such Subsidiary, foreclosure of such Lien and admission of any transferee as a member, limited partner or other applicable equity holder thereunder.

  • It is the intention of each Pledgor Subsidiary, Collateral Agent, and each Creditor that the amount of the Secured Obligations shall be in, but not in excess of, the maximum amount permitted by fraudulent conveyance, fraudulent transfer, or similar Laws applicable to each Pledgor Subsidiary.

  • Any cash, securities, documents of title or other instruments, and other assets that may from time to time be paid or delivered to the Collateral Agent by the Company or any Pledgor Subsidiary to be held for the benefit of all Creditors in accordance with the provisions hereunder shall be so held by the Collateral Agent as agent for the benefit of the Creditors in accordance with this Agreement.

  • Such Additional Pledgor Subsidiary shall comply with the provisions of Section 4 with respect to delivery of the Pledged Shares.

  • The Agent and the Banks shall be entitled to rely on the authority of any Person purporting to be a Person authorized by the Company or any Pledgor Subsidiary to give such notice and the Agent and the Banks shall not have any liability to the Company, any Pledgor subsidiary or other Person on account of any action taken or not taken by the Agent or the Banks in reliance upon such telephonic or facsimile notice.

  • There is as a result a joint creditorship under New York law between the Noteholders and the Pledgee with regard to the sums owed under the Pledgor Subsidiary Guaranty and the other Credit Documents.

  • Such Additional Pledgor Subsidiary hereby authorizes Collateral Agent to attach each Pledge and Security Amendment to this Agreement and agrees that all Pledged Shares or Pledged Interests listed on any Pledge and Security Amendment delivered to Collateral Agent shall, for all purposes hereunder, be considered Collateral.


More Definitions of Pledgor Subsidiary

Pledgor Subsidiary has the meaning set forth in Section 6.23. Without limiting the terms of Section 6.23, on the Closing Date, the term Pledgor Subsidiaries includes: Cadmus Printing Group, Inc., Cadmus Marketing Group, Inc. and Xxxx Printing Company.
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Pledgor Subsidiary shall have the meaning ascribed thereto in Section 5.21(b) hereof.
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Pledgor Subsidiary has the meaning set forth in SECTION 5.22.
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Pledgor Subsidiary has the meaning set forth in Section 6.23. Without limiting the terms of Section 6.23, on the Effective Date, the term Pledgor Subsidiaries includes: Cadmus Printing Group, Inc. and Mack Printing Company.
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Pledgor Subsidiary means a Subsidiary of the Borrower that owns Capital Stock of RWCI or Cable.
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Related to Pledgor Subsidiary

  • Guarantor Subsidiary means each Guarantor other than Holdings.

  • Non-Guarantor Subsidiary means any Restricted Subsidiary that is not a Subsidiary Guarantor.

  • Pledged Subsidiary means each Subsidiary in respect of which the Administrative Agent has been granted a security interest in or a pledge of (a) any of the Capital Securities of such Subsidiary or (b) any intercompany notes of such Subsidiary owing to the Borrower or another Subsidiary.

  • Material Domestic Subsidiary means any Domestic Subsidiary that is a Material Subsidiary.

  • SPE Subsidiary means any Subsidiary formed solely for the purpose of, and that engages only in, one or more Securitization Transactions.

  • SBIC Subsidiary means any Subsidiary of the Borrower (or such Subsidiary’s general partner or manager entity) that is (x) either (i) a “small business investment company” licensed by the SBA (or that has applied for such a license and is actively pursuing the granting thereof by appropriate proceedings promptly instituted and diligently conducted) under the Small Business Investment Act of 1958, as amended, or (ii) any wholly-owned, direct or indirect, Subsidiary of an entity referred to in clause (x)(i) of this definition, and (y) designated in writing by the Borrower (as provided below) as an SBIC Subsidiary, so long as:

  • Pledged Entity means an issuer of Pledged Shares or Pledged Indebtedness.

  • JV Subsidiary any Subsidiary of a Group Member which is not a Wholly Owned Subsidiary and as to which the business and management thereof is jointly controlled by the holders of the Capital Stock therein pursuant to customary joint venture arrangements.

  • Non-U.S. Subsidiary means any Subsidiary that is not a U.S. Subsidiary.

  • Major Subsidiary means any Subsidiary (a) more than 50% of the voting securities of which is owned directly or indirectly by Altria, (b) which is organized and existing under, or has its principal place of business in, the United States or any political subdivision thereof, Canada or any political subdivision thereof, any country which is a member of the European Union on the date hereof (other than Greece, Portugal or Spain) or any political subdivision thereof, or Switzerland, Norway or Australia or any of their respective political subdivisions, and (c) which has at any time total assets (after intercompany eliminations) exceeding $1,000,000,000.

  • Significant Domestic Subsidiary means any Domestic Subsidiary that is a Significant Subsidiary.

  • Domestic Subsidiary means any Subsidiary that is organized under the Laws of the United States, any state thereof or the District of Columbia.

  • Subsidiary means an entity in which more than 50 percent of the entity is owned—

  • Foreign Subsidiary means any Subsidiary that is not a Domestic Subsidiary.

  • Domestic Subsidiary Borrower any Subsidiary Borrower which is a Domestic Subsidiary.

  • Canadian Subsidiary means any Subsidiary that is organized under the laws of Canada or any province or territory thereof.

  • Direct Foreign Subsidiary means a Subsidiary other than a Domestic Subsidiary a majority of whose Voting Securities, or a majority of whose Subsidiary Securities, are owned by the Borrower or a Domestic Subsidiary.

  • Immaterial Domestic Subsidiary means any Domestic Subsidiary that is not a Material Domestic Subsidiary.

  • Non-Guarantor Subsidiaries means, as of any date of determination, a collective reference to:

  • Pledge Subsidiary means (i) each Domestic Subsidiary and (ii) each First Tier Foreign Subsidiary.

  • Material Subsidiary means any Subsidiary that is not an Immaterial Subsidiary.

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

  • Subsidiary Loan Party means each Subsidiary of the Borrower that is a party to the Guarantee Agreement.

  • U.S. Subsidiary means any Subsidiary that is incorporated or organized under the laws of the United States or a state thereof or the District of Columbia.

  • Foreign Subsidiary Holding Company means any Subsidiary the primary assets of which consist of Capital Stock in (i) one or more Foreign Subsidiaries or (ii) one or more Foreign Subsidiary Holding Companies.

  • ORE Subsidiary means any Subsidiary of the Assuming Bank that engages solely in holding, servicing, managing or liquidating interests of a type described in clause (A) of the definition of “Other Real Estate,” which interests have arisen from the collection or settlement of a Shared-Loss Loan.