Borrower Pledge definition

Borrower Pledge means a right of pledge (pandrecht) securing the relevant Mortgage Receivable, including a Borrower Insurance Pledge and a Borrower Investment Pledge.

Borrower Pledge means a pledge agreement in the form of Exhibit B attached to this Agreement, executed by Borrower in favor of the Lender.

Borrower Pledge means that certain Pledge Agreement of even date herewith executed by the Borrower in favor of the Agent, as amended, restated or otherwise modified from time to time, pursuant to which the Borrower has pledged to the Agent, for the benefit of the Holders of Secured Obligations, (i) as of the Closing Date, all of the Capital Stock of IHC and PRF and (ii) from time to time after the Closing Date, all of the Capital Stock and/or other Equity Interests in any other Person acquired by the Borrower.

Examples of Borrower Pledge in a sentence

• The CBC authorises the Servicer to incur those reasonable costs and expenses to third parties which must reasonably be incurred in the foreclosure of any Mortgage Receivable and the related security rights, including the Mortgage and the Borrower Pledge of the CBC and/or the Security Trustee.

• Borrower is a party to the Borrower Pledge Agreement pursuant to which Borrower has pledged certain Collateral to Administrative Agent to secure the Obligations.

• The term “Loan Documents,” when used herein, means the Credit Agreement, any present or future promissory notes (including the Note, as defined in the Credit Agreement), each Loan Notice, each Borrower Pledge Agreement and any and all other certificates, documents or instruments delivered in connection with the this Agreement, the Credit Agreement or the transactions contemplated herein, as the foregoing may be amended, restated, replaced, supplemented, substituted or otherwise modified from time to time.

• Dated: June 9th, 2005 PANTHER II, INC., an Ohio corporation By: [ILLEGIBLE] Name: [ILLEGIBLE] Its: President Borrower Pledge Agreement Exhibit A to Borrower Pledge Agreement Issuer Certificate No. Date Issued Number of Class Shares Panther II, Inc.

More Definitions of Borrower Pledge

Borrower Pledge means the share pledge agreement executed by Borrower in favor of Lender on the date hereof, pursuant to which Borrower pledges in favor of Lender the entirety of its current and future legal and beneficial interest in Holdings, whether comprised of Capital Stock or otherwise. SWVP-018513 - 5 - 79351-0004/LEGAL23242297.11

Borrower Pledge means each of (i) that certain Amended and Restated Pledge Agreement, dated as of even date herewith, from the Borrower to the Agent pursuant to which the Borrower pledges the Capital Stock of certain corporate Subsidiaries, the Capital Stock of certain limited liability company Subsidiaries, and the Capital Stock of certain partnership Subsidiaries, as it may be amended, restated or otherwise modified and in effect from time to time, and (ii) any other pledge of Capital Stock delivered by Borrower from time to time to the Agent, in each case delivered to the Agent, for the benefit of the Lenders, to secure the Obligations.

Borrower Pledge the meaning specified in paragraph (b) of Subsection 3.1.5.

Borrower Pledge the meaning specified in Subsection 4.1.5(a) (Pledge Agreements).

Borrower Pledge. AGREEMENT shall mean the Borrower Pledge Agreement dated as of February 26, 1999 executed by the Borrower, as amended by the First Amendment to Borrower Pledge Agreement.

Borrower Pledge. Section 1.1 (Definition of Loan Documents)

Borrower Pledge means a pledge of the capital stock owned by the Borrower or any Affiliate of Philadelphia Cogeneration, OESC and any other entity owning assets of the Philadelphia Cogeneration Project, executed by the Borrower pursuant to Section 4.1(c) substantially in the form of Exhibit C;