Turkish Subsidiary Share Security definition

Turkish Subsidiary Share Security means the pledge over the shares of the Turkish Subsidiary entered into or to be entered into by Memorex in favour of the Security Trustee in the agreed form.
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Turkish Subsidiary Share Security means the pledge over the shares of the Turkish Subsidiary dated 14 March 2008 (as amended on or about the date of the Third Supplemental Agreement) and any other pledge over the shares of the Turkish Subsidiary entered into by Invitel Austria in favour of the Security Trustee.
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Turkish Subsidiary Share Security means any pledge over the shares of the Turkish Subsidiary entered into (whether prior to, on or after the date of this Deed) by Invitel Austria in favour of the Security Trustee (for and on behalf of the Senior Creditors and the FRN Creditors).
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Examples of Turkish Subsidiary Share Security in a sentence

  • Each Obligor and the FRN Trustee shall, at the Issuer’s expense, do all such things as are required to implement the Amendment to the Hungarian Security Deposit Deeds or (as the case may be) the Turkish Subsidiary Share Security.

  • Each Obligor and Subordinated Shareholder Creditor acknowledge that the Security Trustee will have its own independent claim as creditor of any Junior Obligations or, as the case may be, any Senior Obligations as a result of the Turkish Subsidiary Share Security Parallel Debt.

  • Each Obligor and the HY Note Trustee shall, at the Issuer’s expense, do all such things as are required to implement the Amendment to the Hungarian Security Deposit Deeds or (as the case may be) the Turkish Subsidiary Share Security.

  • The Hungarian Security Deposit Deeds and the Turkish Subsidiary Share Security secure the Senior Debt, the Hedging Liabilities, the HY Debt, the FRN Debt and the Subordinated Bridge Debt in accordance with clause 14 (Priority of Security).

  • Subject to such security having become enforceable and subject to clause 16.5.3 below, until the Senior Discharge Date, the Security Trustee shall act, in relation to the Hungarian Security Deposit Deeds and the Turkish Subsidiary Share Security, in accordance with the instructions of the Majority Lenders (which shall override any conflicting instructions given by or on behalf of the HY Note Trustee, the FRN Trustee or the Subordinated Loan Agent).

  • Subject to such security having become enforceable and subject to clause 16.5.3 below, until the Senior Discharge Date, the Security Trustee shall act, in relation to the Hungarian Security Deposit Deeds and the Turkish Subsidiary Share Security, in accordance with the instructions of the Majority Lenders (which shall override any conflicting instructions given by or on behalf of the HY Note Trustee, the FRN Trustee or the Subordinated Bridge Trustee).

  • The Parent shall procure that the Facility Agent receives (in form and substance satisfactory to it) the Turkish Subsidiary Share Security documents on or before the date falling 3 Business Days after the Memorex Completion Date.

  • The Hungarian Security Deposit Deeds and the Turkish Subsidiary Share Security secure the Senior Debt, the Hedging Liabilities, the HY Debt, the FRN Debt and the Subordinated Loan Debt in accordance with clause 14 (Priority of Security).

  • In relation to the Hungarian Security Deposit Deeds and the Turkish Subsidiary Share Security, the holders of the First Priority Liens will be able to change, waive, modify or vary them without the consent of the FRN Trustee or the holders of the FRNs; provided that if the result is the FRN Trustee (on behalf of the holders of the FRN Notes) ceasing to be beneficiaries of such security, the Senior Creditors must also cease to be such beneficiaries.

  • All existing and future Encumbrances conferred by the Hungarian Security Deposit Deeds and the Turkish Subsidiary Share Security will secure all the Senior Debt in priority to the FRN Debt regardless of the date upon which the Senior Debt arises, regardless of whether a Senior Creditor is obliged to advance moneys included in Senior Debt and regardless of any fluctuations in the amount of Senior Debt outstanding or any intermediate discharge of the Senior Debt in whole or in part.

Related to Turkish Subsidiary Share Security

  • Subsidiary Shares has the meaning ascribed to it in Section 3.3(a).

  • Permitted Cure Security means an equity security of the Borrower having no mandatory redemption, repurchase or similar requirements prior to 91 days after the Latest Maturity Date of all Classes of Loans or Commitments, and upon which all dividends or distributions (if any) shall be payable solely in additional shares of such equity security.

  • obligor on the indenture securities means the Company. All other terms used in this Indenture that are defined by the TIA, defined in the TIA by reference to another statute or defined by SEC rule have the meanings therein assigned to them.

  • Subsidiary Securities collectively, the (i) investments, including Loans, acquired by a Subsidiary and delivered to the Custodian from time to time during the term of, and pursuant to the terms of, this Agreement and (ii) all dividends in kind (e.g., non-cash dividends) from the investments described in clause (i).

  • Permitted Cure Securities means any equity securities of the Borrower, Holdings or any Parent Entity issued pursuant to the Cure Right other than Disqualified Stock.

  • Subsidiary Stock means, with respect to any Person, the stock (or any options or warrants to purchase stock or other Securities exchangeable for or convertible into stock) of any Subsidiary of such Person.

  • other indenture securities means securities upon which the Company is an obligor outstanding under any other indenture (i) under which the Trustee is also trustee, (ii) which contains provisions substantially similar to the provisions of this Section, and (iii) under which a default exists at the time of the apportionment of the funds and property held in such special account.

  • Company Subsidiary Securities has the meaning set forth in Section 3.02(d).

  • indenture securities means the Notes.

  • indenture security holder means a Noteholder.

  • Subsidiary Equity Interests has the meaning specified in Section 5.6.

  • Acquisition Subsidiary shall have the meaning ascribed to it in the preamble hereto.

  • indenture securityholder means a Holder or Securityholder.

  • Company Security means any class or series of equity or voting interest in the Company (but excluding any options, rights, warrants and appreciation rights relating to an equity or voting interest in the Company), including Common Shares and the Voting Share.

  • Equity Security means any stock or similar security, including, without limitation, securities containing equity features and securities containing profit participation features, or any security convertible into or exchangeable for, with or without consideration, any stock or similar security, or any security carrying any warrant, right or option to subscribe to or purchase any shares of capital stock, or any such warrant or right.

  • Subsidiary Security Agreement means a security agreement substantially in the form of Exhibit I hereto by the Subsidiary Guarantors in favor of the Collateral Agent.

  • Company Share means one share of common stock of the Company, $0.01 par value per share.

  • UK Subsidiary means a Subsidiary organized under the laws of England and Wales.

  • Parent Company Guarantee means a parent company guarantee to be delivered by the Supplier pursuant to Clause 5.6;

  • Indenture Secured Parties means the Noteholders.

  • Holdco has the meaning set forth in the Preamble.

  • Performing Non-Cash Pay High Yield Securities means Performing High Yield Securities other than Performing Cash Pay High Yield Securities.

  • Performing Cash Pay High Yield Securities means High Yield Securities (a) as to which, at the time of determination, not less than 2/3rds of the interest (including accretions and “pay-in-kind” interest) for the current monthly, quarterly, semiannual or annual period (as applicable) is payable in cash and (b) which are Performing.

  • Derivative Security means any right, option, warrant or other security convertible into or exercisable for Common Stock.

  • Reference Security means the security specified as such in the relevant Final Terms. If a Reference Security is no longer outstanding, a Similar Security will be chosen by the Quotation Agent at 11:00 a.m. (CET) on the third Business Day preceding the Make-whole Redemption Date, quoted in writing by the Quotation Agent to the Issuer and published in accordance with Condition 12 (Notices).