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Common use of Percentage Pledged Clause in Contracts

Percentage Pledged. The Pledgor will cause the Pledged Equity Interests to constitute at all times 100% of the total number of Equity Interests of the Borrower then outstanding.

Appears in 2 contracts

Sources: Equity Pledge Agreement (Saratoga Investment Corp.), Equity Pledge Agreement (Saratoga Investment Corp.)

Related Clauses

  • Percentage Interest
  • Original Class A Percentage
  • Percentage Interests
  • Collateral Shortfalls
  • Minimum Amounts and Maximum Number of Eurodollar Tranches

Parent Clauses

  • Further Assurances; Remedies
  • Special Provisions Relating to Certain Collateral
  • Stock Collateral
  • Special Provisions Relating to Pledged Shares
  • Special Provisions Relating to Pledged Equity Interests
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