Relevant Pledged Assets. The Relevant Pledged Assets are (a) subject to the provisions of any law or regulation relevant to the Relevant Pledged Assets, freely and fully transferable and pledgeable and not subject to any pre-emptive rights or restrictions on transfer; (b) fully paid up and do not have any money or liabilities outstanding or payable in respect of it; and (c) subject to the fungibility regime organised by Royal Decree No 62 or other applicable Belgian legislation providing for a regime of fungibility, as the case may be.
Appears in 4 contracts
Sources: Pledge Agreement, Pledge Agreement, Pledge Agreement