Subsidiary Pledgors definition

Subsidiary Pledgors shall have the meaning assigned to such term in the preamble hereto.
Subsidiary Pledgors shall have the meaning assigned to such term in the preamble to this Agreement.
Subsidiary Pledgors means, collectively, the Borrower, each Subsidiary Guarantor and each other direct or indirect Subsidiary (other than any Excluded Subsidiary) that owns any Equity Interest in any Material Subsidiary (other than Material Subsidiaries that are Separately Financed Subsidiaries).

Examples of Subsidiary Pledgors in a sentence

  • Notwithstanding the foregoing, the Issuer and the Subsidiary Pledgors may self-insure with respect to such risks with respect to which companies of established reputation in the same general line of business in the same general area usually self-insure.

  • If the proceeds of any sale or other disposition of the Pledged Collateral are insufficient to pay all the Secured Obligations, Pledgors shall be liable for the deficiency and the fees of any attorneys employed by Collateral Agent to collect such deficiency, subject in the case of the Subsidiary Pledgors to any limitations contained in the Guarantees.

  • Section 9.9 of the Credit Agreement and Section 8.12 of the Pledge Agreement provide that additional Subsidiaries may become Subsidiary Pledgors under the Pledge Agreement by execution and delivery of an instrument in the form of this Supplement or as otherwise provided in the Credit Agreement.

  • This Agreement and the rights and obligations of FMI, the Subsidiary Pledgors and the Agents hereunder shall be construed in accordance with and be governed by the law of the State of New York.

  • Holdings and the Subsidiary Pledgors have agreed to guarantee, among other things, all the obligations of the Borrower under the Credit Agreement.


More Definitions of Subsidiary Pledgors

Subsidiary Pledgors has the meaning specified for such term in the introductory paragraph hereto.
Subsidiary Pledgors shall have the meaning provided in the recitals to this Agreement.
Subsidiary Pledgors shall have the meaning provided in the third WHEREAS clause of this Agreement.
Subsidiary Pledgors means the Subsidiaries named as pledgors in the Subsidiary Pledge Agreement.
Subsidiary Pledgors means the Domestic Subsidiaries party to the Domestic Subsidiary Security Agreement.
Subsidiary Pledgors means the Horizon Subsidiary Pledgors and the Continental Subsidiary Pledgors.
Subsidiary Pledgors means, at any time, each of the Subsidiaries of ------------------- the Borrower which is a Pledgor under and as defined in any Pledge Agreement or has executed any other pledge agreement in favor of the Senior Creditor Agent in accordance with the terms of Section 7.11.