Pledgors definition
Pledgors means the Vehicle Trust, BMW LP and the Transferor.
Pledgors means the Company and any other Person (if any) that at any time provides collateral security for any Stock Secured Obligations.
Pledgors are defined in the preamble.
Examples of Pledgors in a sentence
Any remaining rights of the Pledgors with respect to the Equity Interest pledged hereunder shall not be exercised by the Pledgors except in accordance with the written instructions of the Pledgee.
The Pledgee is entitled to require such Pledgor(s) or Party C to rectify or take remedial measures.
Each of the Pledgors, the Pledgee and Party C shall hold one copy respectively and the other copy shall be used for registration.
Party C hereby assents that the Pledgors pledge the Equity Interest to the Pledgee pursuant to this Agreement.
The Pledgors agree to pledge all the Equity Interest as security for performance of the Contract Obligations and payment of the Secured Indebtedness under this Agreement.
More Definitions of Pledgors
Pledgors shall have the meaning assigned to such term in the preamble.
Pledgors shall have the meaning assigned to such term in the preamble to this Agreement.
Pledgors means the Borrower and the Guarantors.
Pledgors has the meaning provided in the introductory paragraph hereof.
Pledgors shall have the meaning provided in the recitals hereto.
Pledgors means the Borrower, each Guarantor, and each of the Restricted Subsidiaries from time to time parties to the Pledge and Security Agreement.