Stock Pledges definition

Stock Pledges the stock pledges to be executed by each Obligor, in favor of Agent, whereby each Obligor pledges the stock of its Subsidiaries (other than Excluded Subsidiaries) as security for the Obligations.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

Stock Pledges means any of the pledge agreements (in form substantially similar to that previously executed and delivered by Company to Agent) pursuant to which Agent is granted a Lien for the benefit of the Banks in stock of a Wholly-Owned Subsidiary and the interest of a Wholly-Owned Subsidiary in a Subsidiary.

Stock Pledges means either of the Security Agreement Stock Pledges, dated as of January 30, 1998, by Celebrity and Star, respectively, in favor of Foothill.

Examples of Stock Pledges in a sentence

• The Guaranty, the Guarantee, the Receivables Charge, the Security Agreements, the Foreign Stock Pledges, the Foreign Subsidiary Note Assignment, the Patent Assignments, the Trademark Assignments, the Stock Pledge Agreement and all other instruments and documents, including without limitation Uniform Commercial Code financing statements, required to be executed or delivered pursuant to any Security Document.

• Immediately after the transfer of CHB stock to Buyer or its designee and, upon payment to RPMI by Buyer or its designee of the RPMI Payment, Seller shall cause RPMI to mark as "satisfied" the original RPMI Notes and return both the origin▇▇ ▇PMI Notes and the RPMI Stock Pledges to Buyer or its designee, as the case may be.

• All grantors of the Stock Pledges have the power to execute and deliver the Stock Pledges to which each of them is a party and to perform their respective obligations thereunder.

• On or prior to the date of this Agreement, Borrower shall have provided for the termination of all UCC filings against the Borrower or any Subsidiary and the delivery to Administrative Agent's possession of all stock certificates encumbered by the Stock Pledges, together with duly completed stock powers, and any other documentation required by the Stock Pledges.

• The Guaranty, the Guarantees, the UK Debenture, the Security Agreements, the Foreign Stock Pledges, the Patent Assignments, the Trademark Assignments, the Stock Pledge Agreement and all other instruments and documents, including without limitation Uniform Commercial Code financing statements, required to be executed or delivered pursuant to any Security Document.

More Definitions of Stock Pledges

Stock Pledges means any of the Collateral Documents pursuant to which Agent is granted a Lien for the benefit of the Banks in Stock of a Subsidiary.

Stock Pledges means, collectively, the Pledge, Assignment and Security Agreement executed and delivered in favor of the Lender on or about the date of this Agreement by the US Borrower and the UK Share Charges covering shares in certain designated Subsidiaries, as the same may from time to time be amended, restated, supplemented or otherwise modified.

Stock Pledges means collective reference to the GDWCI Stock Pledge and any other stock pledges given with reference to a Restricted Subsidiary, from time to time, subsequent to the First Amendment Effective Date.

Stock Pledges has the meaning set forth in Section 7.16.

Stock Pledges means, collectively, (i) that certain Pledge Agreement dated as of July 17, 1995, by and between Rich▇▇▇ ▇▇▇▇▇▇▇, as Trustee of the John ▇▇▇▇▇▇ ▇▇▇st, and Bank (with Mari▇ ▇. ▇▇▇▇▇▇, Voting Trustee, and Brya▇ ▇. ▇▇▇▇▇▇ ▇▇ intervenors), as amended by First Amendment to Pledge Agreement dated November 7, 1995, by and between Rich▇▇▇ ▇▇▇▇▇▇▇, ▇▇ Trustee of the John ▇▇▇▇▇▇ ▇▇▇st, and Bank (with Mari▇ ▇. ▇▇▇▇▇▇, ▇▇ting Trustee, and Brya▇ ▇▇▇▇▇▇ ▇▇ intervenors), (ii) that certain Pledge Agreement dated as of July 17, 1995, by and between Mari▇ ▇. ▇▇▇▇▇▇, ▇▇ting Trustee, and Bank (with Rich▇▇▇ ▇▇▇▇▇▇▇, ▇▇ Trustee of the John ▇▇▇▇▇▇ ▇▇▇st, and Brya▇ ▇. ▇▇▇▇▇▇ ▇▇ intervenors), (iii) that certain Pledge Agreement dated as of July 17, 1995, by and among Brya▇ ▇. ▇▇▇▇▇▇, ▇▇ri▇ ▇. ▇▇▇▇▇▇, ▇▇ting Trustee, and Bank (with Rich▇▇▇ ▇▇▇▇▇▇▇, ▇▇ Trustee of the John ▇▇▇▇▇▇ ▇▇▇st, as intervenor), (iv) that certain Pledge Agreement dated as of July 17, 1995, by and among Brya▇ ▇. ▇▇▇▇▇▇, ▇▇ck▇▇ ▇▇▇▇▇▇ ▇▇▇ Bank, (v) that certain Pledge Agreement dated as of July 17, 1995, by and between Mari▇ ▇. ▇▇▇▇▇▇ ▇▇▇ Bank, (vi) that certain Pledge Agreement dated as of July 17, 1995, by and between Jeff▇▇▇▇▇ ▇▇▇▇▇ ▇▇▇poration and Bank, and (vii) any and all amendments and modifications of any of the foregoing instruments.

Stock Pledges means, collectively, the Security Agreements (Stock) ------------- covering the stock of the Restricted Subsidiaries, as more particularly described on attached Exhibit F.

Stock Pledges means collective reference to the Security Agreements and Stock Pledges to be executed and delivered into escrow on behalf of the Banks as of the Closing Date, pursuant to which, subject to the prior approval of all necessary Gaming Authorities, the stock of CPI, ACLVI, ACCBI and ACVI is pledged by ACI to Agent Bank on behalf of Lenders as security for the Bank Facilities and all other sums which may be owing by Borrowers to the Banks from time to time under the terms of the Credit Agreement.