THE PLEDGOR definition

THE PLEDGOR. Solutia Europe ▇▇/▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇ ▇-▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Parc Scientifique ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇ ▇-▇▇▇▇ ▇▇▇▇▇▇▇-▇▇-▇▇▇▇▇ ▇▇▇▇▇▇▇ Fax: +▇▇ ▇▇ ▇▇ ▇▇ ▇▇ Attention: Legal Department THE PLEDGEE: KBC Bank NV ▇▇▇▇▇▇▇▇▇ ▇▇ ▇-▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Fax: +▇▇ ▇ ▇▇▇ ▇▇▇▇ Attention: ▇▇. ▇▇▇▇ ▇▇ Bleser

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THE PLEDGOR means the Guarantor in its capacity as sole legal and beneficial shareholder of the Borrower.

THE PLEDGOR. THE SECURITY AGENT: ANTARGAZ CALYON

Examples of THE PLEDGOR in a sentence

• EACH OF THE PLEDGOR, THE COMPANY AND THE TRUSTEE HEREBY IRREVOCABLY WAIVES, TO THE FULLEST EXTENT PERMITTED BY APPLICABLE LAW, ANY AND ALL RIGHT TO TRIAL BY JURY IN ANY LEGAL PROCEEDING ARISING OUT OF OR RELATING TO THIS AGREEMENT OR THE TRANSACTIONS CONTEMPLATED HEREBY.

• THE PLEDGOR AGREES THAT IT WILL NOT ASSERT ANY COUNTERCLAIMS, SETOFFS OR CROSSCLAIMS IN ANY PROCEEDING BROUGHT BY THE TRUSTEE TO REALIZE ON SUCH PROPERTY OR TO ENFORCE A JUDGMENT OR OTHER COURT ORDER IN FAVOR OF THE TRUSTEE, EXCEPT FOR SUCH COUNTERCLAIMS, SETOFFS OR CROSSCLAIMS WHICH, IF NOT ASSERTED IN ANY SUCH PROCEEDING, COULD NOT OTHERWISE BE BROUGHT OR ASSERTED.

• THE PLEDGOR ACKNOWLEDGES THAT THE FOREGOING WAIVER IS KNOWING AND VOLUNTARY.

• THE PLEDGOR WAIVES ANY OBJECTION THAT IT MAY HAVE TO THE LOCATION OF THE COURT IN THE CITY OF NEW YORK ONCE THE TRUSTEE HAS COMMENCED A PROCEEDING DESCRIBED IN THIS PARAGRAPH INCLUDING, WITHOUT LIMITATION, ANY OBJECTION TO THE LAYING OF VENUE OR BASED ON THE GROUNDS OF FORUM NON CONVENIENS.

• THE PLEDGOR IRREVOCABLY WAIVES ANY AND ALL RIGHT THE PLEDGOR MAY HAVE TO A TRIAL BY JURY IN ANY ACTION, PROCEEDING OR CLAIM OF ANY NATURE RELATING TO THIS PLEDGE AGREEMENT, ANY DOCUMENTS EXECUTED IN CONNECTION WITH THIS PLEDGE AGREEMENT OR ANY TRANSACTION CONTEMPLATED IN ANY OF SUCH DOCUMENTS.

More Definitions of THE PLEDGOR

THE PLEDGOR has all requisite capacity to enter into this Agreement, to pledge and assign the Pledged Accounts and to carry out the transactions contemplated by this Agreement;

THE PLEDGOR. Solutia Europe ▇▇/▇▇ ▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇ ▇-▇▇▇▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ Parc Scientifique ▇▇▇▇▇▇▇ ▇▇▇ ▇▇▇▇ ▇▇▇▇▇▇▇ ▇ ▇-▇▇▇▇ ▇▇▇▇▇▇▇-▇▇-▇▇▇▇▇ ▇▇▇▇▇▇▇

THE PLEDGOR has granted to the Collateral Agent on behalf of the Secured Parties a security interest in, among other things, the Account pursuant to a (i) Credit, Security, Guaranty and Pledge Agreement, dated as of October 1, 2002 (as such agreement may be amended, supplemented or otherwise modified, renewed or replaced from time to time, the "Credit Agreement"), among the Pledgor, the guarantors referred to therein, the lenders referred to therein (the "Lenders") and Wachovia Bank, National Association, as Issuing Bank, Administrative Agent, and Collateral Agent for the Lenders (in such capacity, the "Administrative Agent") and (ii) Guaranty, Security and Pledge Agreement, dated as of September 30, 2002 (as such agreement may be amended, supplemented or otherwise modified, renewed or replaced from time to time, the "Security Agreement"), among the Pledgor, the guarantors referred to therein, the A-Advanced Lender referred to therein (the "A-Advanced Lender"), the noteholders referred to therein (the "Noteholders") and Wachovia Bank, National Association, as Collateral Agent for the A-Advanced Lender and the Noteholders (together with the Lenders, the A-Advanced Lender, the Noteholders and the Administrative Agent, the "Secured Parties"). The Collateral Agent, the Pledgor and the Bank are entering into this Agreement to provide for the control of the Account by the Collateral Agent and to perfect the security interest of the Collateral Agent on behalf of the Secured Parties in the Account. Accordingly, the parties hereby agree as follows:

THE PLEDGOR. THE SECURITY AGENT: ------------ ------------------- ANTARGAZ CREDIT LYONNAIS Acting by : Acting by : ------------------------ ------------------------- Name: Francois Varagne or any duly Name: Jacques Pochon empowered person under a power of Title: He▇▇ ▇▇ ▇▇▇▇▇▇▇▇ion Finance France attorney Address: Investment/Banking/DPID/ Title: Chairman of the board Leveraged Finance Address: 43, avenue de l'Opera 81/83, rue de Richelieu 75002 Paris, France ▇▇▇▇▇ ▇▇▇▇▇\ ▇▇▇: +▇▇ ▇ ▇▇ ▇▇ ▇▇ ▇▇ Fax: + 33 1 42 95 14 72 / 88 ▇▇ ▇▇▇ ▇▇▇ ▇▇▇▇▇▇ion of Priscille Magnan ▇▇▇ ▇▇▇ ▇▇▇▇▇▇▇on of Jerome Del Ben / Brigitt▇ ▇▇▇▇▇▇▇

THE PLEDGOR has fully recognized the interest rate risk. During the period of pledge, the Pledgee shall adjust the level of lease loan interest rate and the method of rent payment based on the Master Contract or the changes of national policy on interest rate. If any debt to be paid by Party B under the Master Contract increases therefor, the additional part shall be included in the scope of the principal claim as mentioned in the preceding paragraph automatically.

THE PLEDGOR. Du Minsheng Signature: /s/ Du Minsheng

THE PLEDGOR has guaranteed the Mexican Borrower's obligations owing to the Credit Parties under the Credit Documents pursuant to the Guaranty dated as of [___________, 1999] executed by the Pledgor in favor of the Secured Party for the ratable benefit of the Credit Parties (as amended, modified, supplemented or restated from time to time, the "Guaranty").]