Examples of Sponsor Pledge Agreement in a sentence
The financial statements of the Sponsor delivered in accordance with Section 4.02 of the Sponsor Pledge Agreement are true, complete and correct and fairly present in all material respects the financial condition and results of operations of the Sponsor as at the end of, and for, such fiscal year or each fiscal quarter, as the case may be, in accordance with U.S. GAAP consistently applied (subject, in the case of quarterly financial statements, to normal year-end adjustments and the absence of notes).
Capitalized terms used herein not otherwise defined herein shall have the meanings ascribed thereto in the Sponsor Pledge Agreement.
Value Pledged standing No. Units Stock of Stock Issuer EXHIBIT A PLEDGE SUPPLEMENT This PLEDGE SUPPLEMENT, dated as of [mm/dd/yy], is delivered pursuant to the Pledge Agreement, dated as of November [___], 2003 (as it may be from time to time amended, restated, modified or supplemented, the "Sponsor Pledge Agreement"), between CADIZ INC., as Pledgor, and SUN WORLD NOTEHOLDER TRUST, as Secured Party.
The Sponsor shall ensure that its obligations under each of this Agreement, the Transfer Restrictions Agreement, the Sponsor Pledge Agreement, the Project Document Guarantee and the Concentrate Sales Guarantee rank at all times pari passu with or senior to all of its other unsecured and unsubordinated indebtedness, except obligations under such indebtedness that are preferred solely by bankruptcy, insolvency or other laws of general application affecting creditors’ rights generally.
Except to the extent provided in the Indenture, the Sponsor Pledge Agreement and this Agreement, no director, officer, employee, stockholder or affiliate, as such, of any Company & Partner Pledgor or any Owned Entity shall have any liability for any obligations of a Company & Partner Pledgor under this Agreement or for any claim based on, in respect of or by reason of such obligations or their creation.
The Original Composition Plan authorized the issuance of the Senior Secured Notes, the US Secured Notes Guarantees and the Plan Sponsor Pledge Agreement.
Sponsor Pledge Agreement means, collectively, each Pledge Agreement of even date herewith executed by each Sponsor in favor of Agent, on behalf of itself and Lenders, pledging all its Stock of the Borrower.
The Borrower shall cause the execution and delivery of the Sponsor Pledge Agreement and the ASC Bolivia Pledge Agreement for the benefit of the Collateral Agent for the benefit of the Secured Parties.
In the event that the Company wishes to release Pledged Collateral in accordance with the Company and Partner Pledge Agreement and/or the Sponsor Pledge Agreement and has delivered the certificates and documents required by the Company and Partner Pledge Agreement and/or the Sponsor Pledge Agreement and Sections 11.03 and 11.04 hereof, the Trustee shall determine whether it has received all documentation required by TIA ss.
Pledgor hereby confirms the grant to Secured Party set forth in the Sponsor Pledge Agreement of, and does hereby grant to Secured Party, a security interest in all of Pledgor's right, title and interest in and to all Pledged Collateral to secure the Secured Obligations, in each case whether now or hereafter existing or in which Pledgor now has or hereafter acquires an interest and wherever the same may be located.