The Pledge definition

The Pledge means the COMMITMENT BY MEMBERS TO THE ADAPTATION NETWORK
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The Pledge shall refer to the right of Pledgee to be compensated on a preferential basis with the conversion, auction or sale price of the Shares held by Pledgor and to collect the bonus incurring from the pledged Shares.
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The Pledge means a Pledge executed by the Seller in favour of the Purchaser in terms of which the Seller pledges its shares in the Companies to the Purchaser as security for the Companies duly discharging the claims arising from the Guarantees;
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Examples of The Pledge in a sentence

  • The Pledge shall remain effective until all Contract Obligations have been fully performed and all Secured Indebtedness have been fully paid.

  • The Pledge shall be continuously valid until all payments due under the Business Cooperation Agreement have been fulfilled by Party C.

  • The Pledge shall not cease to exist, if the Grantors under the Credit Documents have only temporarily discharged the Obligations.

  • The Pledge shall remain effective until all Contract Obligations have been fully performed and all Secured Indebtedness has been fully paid.

  • The Pledge shall continue to remain in full and valid existence until enforcement, discharge or termination hereof, as the case may be.

  • The Pledge and Security Agreement describes, without limitation, the Company’s right to make Collateral substitutions and the release of the Trustee’s security interest in the Collateral.

  • The Pledge shall remain effective until all Contract Obligations have been fully performed or all Secured Indebtedness has been fully paid.

  • The Pledge Agreement shall, however, thereafter be amended by the parties in such reasonable manner so as to achieve, without illegality, the intention of the parties with respect to that severed provision.

  • The Pledge effected by Force Majeure who claims for exemption from performing any obligations under this Agreement or under any Article herein shall notify the other party of such exemption promptly and advice him of the steps to be taken for completion of the performance.

  • The Pledge shall be continuously valid until the Pledgor is no longer a shareholder of Party C or the satisfaction of all its obligations by the Party C under the Control Agreements.


More Definitions of The Pledge

The Pledge means the entitlement granted to Party A to make priority claim for the proceeds from the discount, auction or sale of the Domain Names and Trademarks pledged in favor of Party A.
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The Pledge means the written pledge and cession agreement concluded between Calculus and the Company on 26 September 2019 in terms whereof the Company pledged to Calculus all of its shares in Calculus as security for the secured obligations (as defined);
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Related to The Pledge

  • Pledges have the meanings given to such terms in Clause 2.1.

  • Shares Pledge means the first priority pledge of the shares of and in each Borrower to be executed by the Shareholder in favour of the Security Trustee in such form as the Agent and the Majority Lenders may require in their sole discretion and in the plural means all of them;

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

  • U.S. Pledge Agreement means the Pledge Agreement to be dated as of the Funding Date made by certain of the Credit Parties in favor of the Collateral Agent for the benefit of the Secured Creditors, substantially in the form of Exhibit J hereto, as the same may be amended, restated, amended and restated, modified or supplemented from time to time.

  • Stock Pledge Agreement means a stock pledge agreement, in form and substance satisfactory to Agent, executed and delivered by each Borrower that owns Stock of a Subsidiary of Parent.