Pledgors means the Vehicle Trust, BMW LP and the Transferor.
Pledgors are defined in the preamble.
Pledgors means the Company and any other Person (if any) that at any time provides collateral security for any Stock Secured Obligations.
Examples of Pledgors in a sentence
All of the outstanding Equity Interests in each Guarantor have been validly issued, are fully paid and nonassessable and are owned by the applicable Pledgors free and clear of all Liens (other than Customary Permitted Liens).
To secure performance by the Loan Parties of the payment and performance of the Obligations, the applicable Pledgors shall grant to Administrative Agent, for the benefit of the Secured Parties, an exclusive, perfected, first priority security interest and Lien in and to the Equity Interests of each Subsidiary that directly or indirectly owns any Unencumbered Property (the “Equity Interest Collateral”) subject only to Customary Permitted Liens.
More Definitions of Pledgors
Pledgors shall have the meaning assigned to such term in the preamble to this Agreement.
Pledgors shall have the meaning assigned to such term in the preamble hereto.
Pledgors means the Company, the Guarantors and any other Person (if any) that provides collateral security for any Secured Obligations.
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.