Examples of Subsidiary Pledge Agreements in a sentence
Each Subsidiary Guarantor is a party to a Subsidiary Guaranty and certain Subsidiary Security Agreements, Subsidiary Pledge Agreements, Subsidiary Trademark Security Agreements and Mortgages pursuant to which such Subsidiary Guarantors have (i) guarantied the Obligations and (ii) created Liens in favor of Administrative Agent on certain Collateral to secure the obligations of such Subsidiary Guarantors under the Subsidiary Guaranty.
All certificates representing License Holding Subsidiary Shares listed on Schedule ___ hereto or otherwise delivered to the Collateral Agent by the Company pursuant hereto shall be accompanied by undated, duly executed stock powers in blank, and accompanied by any required transfer tax stamps, all in form and substance reasonably satisfactory to the Collateral Agent but subject to the terms and conditions of the License Holding License Holding Subsidiary Pledge Agreements.
Delivery to Collateral Agent of certificates (which certificates shall be accompanied by irrevocable undated stock powers, duly endorsed in blank and otherwise satisfactory in form and substance to Collateral Agent) representing all capital stock pledged pursuant to the Company Pledge Agreement and the Subsidiary Pledge Agreements.
The Subsidiary Pledge Agreements and the other Loan Documents to which the any Subsidiary is a party, when executed and delivered in accordance with this Agreement, will constitute legal, valid and binding obligations of the Subsidiary, enforceable in accordance with their terms, except as such enforceability may be limited by applicable bankruptcy, insolvency or other similar laws affecting creditors' rights generally.
The Borrower covenants and agrees to cause each of its Subsidiaries to execute any and all collateral schedules, stock powers and such other documents as from time to time may be requested by Administrative Agent or any Lender in order to create, perfect and maintain the pledges created by the Subsidiary Pledge Agreements and to deliver all original stock certificates for any such present or future Subsidiaries.