Subsidiary Pledge definition

Subsidiary Pledge means, in relation to an Owning Company, Oxbow or Golar Maritime, the pledge of all of the issued stock of such company executed or (as the context may require) to be executed by the Borrower in favour of the Security Agent in the agreed form and "Subsidiary Pledges" means all of such pledges;
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Subsidiary Pledge means a first priority pledge, under the relevant jurisdiction, over the shares in any Restricted Group Company.
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Subsidiary Pledge. Agreement is defined in the Revolving Credit Agreement.
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Examples of Subsidiary Pledge in a sentence

  • First mortgage and charge on all immovable and movable properties of the Company (related to erstwhile HorizonInfrastructure Ltd) , both present and future project.- Exclusive charge on immovable property of Subsidiary.- Pledge of investment of Shares in Subsidiary.- Pledge of 13,22,764 shares of Company held by others.- Personal guarantee given by two Directors of the CompanyThe said term loan and accrued interest of Rs. 16.90 Lacs is outstanding as on 31.03.2018.

  • The term "Guaranteed Indebtedness", as used herein means all of the "Obligations", as defined in the Credit Agreement and shall include any and all post-petition interest and expenses (including attorneys' fees) whether or not allowed under any bankruptcy, insolvency, or other similar law; provided that the Guaranteed Indebtedness shall be limited as provided in Section 1.1 of the Subsidiary Pledge Agreement to which Guarantor is a party.

  • On and after the Fifteenth Amendment Effective Date (as defined in the Fifteenth Amendment), the New Kaiser Subsidiary shall be a party to the Subsidiary Pledge Agreement and the terms "Pledgor" and "Pledgors" (as used in the Subsidiary Pledge Agreement) shall include and also be a reference to the New Kaiser Subsidiary.

  • Subsidiary Pledge Agreement, dated as of March 24, 2003 between HealthMont, Inc.

  • No later than the time that any Receivables Documents are entered into, and no later than the time any capital is contributed or funds are advanced by the Borrower to the Receivables Subsidiary, the Borrower and each Participating Subsidiary shall execute and deliver to Collateral Agent for the benefit of the Secured Parties, the Receivables Subsidiary Pledge Agreement, accompanied, to the extent such Pledged Securities are certificated, by certificates representing the Pledged Securities.

  • The execution and delivery of this Supplement by such Pledgor and the performance of the Subsidiary Pledge Agreement as supplemented by this Supplement (the "Supplemented Agreement") by such Pledgor are within such Pledgor's corporate powers and have been duly authorized by all necessary corporate action on the part of such Pledgor.

  • The Media Center, located in the 1960 Addition, has carpet type flooring, ACT type ceilings, as well as painted plaster type wall finishes, and they are in good condition.

  • First-Tier Subsidiary Pledge Agreement, dated and effective as of February 28, 2003, among TRW Automotive Acquisition Corp., each subsidiary of TRW Automotive Acquisition Corp.

  • On and after the date hereof, each reference in the Subsidiary Pledge Agreement to “this Agreement”, “hereunder”, “hereof” or words of like import referring to the Subsidiary Pledge Agreement, and each reference in the Notes and each of the other Loan Documents referring to the Subsidiary Pledge Agreement shall mean and be a reference to the Subsidiary Pledge Agreement, as amended by this Second Amendment.

  • The Consenting Lenders hereby direct and instruct the Administrative Agent to execute and deliver the Restated Company Guaranty, the Restated Domestic Subsidiary Guaranty and the Restated Foreign Subsidiary Pledge Agreement.


More Definitions of Subsidiary Pledge

Subsidiary Pledge the meaning specified in paragraph (c) of Subsection 4.1.5.
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Subsidiary Pledge means all of those certain Pledge Agreements by all Subsidiaries marked with an asterisk on Exhibit E attached hereto, including the Subleasing Subsidiaries, together with any additional Subsidiaries permitted in paragraph 38(a) of this Lease, in favor of Landlord, dated as of November 10, 2004, pursuant to which each such Subsidiary has pledged one hundred percent (100%) of its assets to Landlord, including each such Subsidiary's right, title and interest in and under the Membership Contracts.
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Subsidiary Pledge the meaning specified in Section 7.26.
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Subsidiary Pledge the U.S. Subsidiary Pledge and, if applicable, any other pledge agreement entered into by any Person who comes a Subsidiary Guarantor hereunder after the date hereof.
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Subsidiary Pledge means all of those certain Pledge Agreements by all Subsidiaries marked with an asterisk on Exhibit E hereto, including the Subleasing Subsidiaries, together with any additional Subsidiaries permitted in paragraph 38(a) of this Lease, in favor of Landlord, dated of even date herewith, pursuant to which each such Subsidiary has pledged one hundred percent (100%) of its assets to Landlord, including each such Subsidiary's right, title and interest in and under the Membership Contracts but excluding any such Subsidiary's right, title and interest in and to the land, equipment and improvements relating solely to any membership campground owned by such Subsidiary but which is not the subject of this Lease.
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Subsidiary Pledge means the Pledge Agreement, dated as of the Closing Date, made by SEHI xx favor of Agent.
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Related to Subsidiary Pledge

  • Subsidiary Pledgor or a "Pledgor" in the Pledge Agreement shall be deemed to include the New Pledgor. The Pledge Agreement is hereby incorporated herein by reference.

  • Subsidiary Pledge Agreement means the Pledge Agreement executed and delivered by an Authorized Officer of each Subsidiary of the Borrower that is not a Foreign Subsidiary pursuant to Section 7.1.7, substantially in the form of Exhibit G-3 hereto, as amended, supplemented, amended and restated or otherwise modified from time to time.

  • Equity Pledge Agreement means the Equity Pledge Agreement entered into by and among the Parties hereto on June 12, 2017, pursuant to which Party C will pledge all equity interests held by it in Party B (i.e. Party B’s Equity Interests) to Party A as the pledged collateral for the contractual obligations and secured debts under the VIE Agreements.

  • Company Pledge Agreement means the Company Pledge Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit XIII annexed hereto, as such Company Pledge Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • Subsidiary Partnership means any partnership of which the partnership interests therein are owned by the General Partner or a direct or indirect subsidiary of the General Partner.

  • Subsidiary Parties means (a) the Restricted Subsidiaries identified on Schedule I and (b) each other Restricted Subsidiary that becomes a party to this Agreement as a Subsidiary Party after the Closing Date.

  • Subsidiary Party or a “Pledgor” in the Collateral Agreement shall be deemed to include the New Subsidiary. The Collateral Agreement is hereby incorporated herein by reference.

  • Holdings Pledge Agreement means the Holdings Pledge Agreement, dated as of the Closing Date, among Holdings and the Collateral Agent.

  • Successor Guarantor shall have the meaning specified in Section 11.02(a)(i).

  • Successor Holdings has the meaning assigned to such term in Section 6.03(a)(v).

  • Stock Pledge Agreements means those certain stock pledge agreements, in form and substance reasonably satisfactory to Lender, executed and delivered by Borrower to Lender, as the same may be amended or modified from time to time in accordance with its terms.

  • Canadian Pledge Agreement means a pledge agreement, in form and substance reasonably satisfactory to the Administrative Agent, executed by the Borrower and each Guarantor that is a Canadian Subsidiary, pursuant to which each such Person pledges to the Collateral Agent all of its right, title and interest in and to all Stock of each Subsidiary in which it has an interest, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • U.S. Pledge Agreement means a Pledge Agreement substantially in the form of Exhibit B-1 between the Borrower, the Subsidiary Guarantors and the Administrative Agent.

  • Borrower Pledge Agreement means the Pledge Agreement executed and delivered by the Borrower pursuant to Section 5.1.5, substantially in the form of Exhibit F-1 hereto, as amended, supplemented, restated or otherwise modified from time to time.

  • State Pledge means the pledge of the State of Michigan as set forth in Section 10n(2) of the Securitization Law.

  • Successor Issuer has the meaning assigned to it in Section 4.1(a).

  • Stock Pledge Agreement means a stock pledge agreement, in form and substance satisfactory to each Lender, executed and delivered by Holdings to Agent for the benefit of the Lender Group with respect to the pledge of the capital Stock of NPI.

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Parent Pledge Agreement means that certain Pledge Agreement, dated of the date hereof, made by Parent in favor of Agent.

  • Subsidiary Guarantor means, collectively, the Subsidiaries of the Borrower that are Guarantors.

  • Note Pledgee shall have the meaning assigned to such term in Section 14(c).

  • Subsidiary Grantor means each Grantor other than the Borrower.

  • Sale or Pledge means a voluntary or involuntary sale, conveyance, mortgage, grant, bargain, encumbrance, pledge, assignment, grant of any options with respect to, or any other transfer or disposition of (directly or indirectly, voluntarily or involuntarily, by operation of law or otherwise, and whether or not for consideration or of record) of a legal or beneficial interest.

  • Specified Guarantor means any Guarantor that is not an “eligible contract participant” under the Commodity Exchange Act (determined prior to giving effect to Section 11.12).

  • Transferred Guarantor shall have the meaning assigned to such term in Section 7.09.