Pledged Deposits definition

Pledged Deposits means all time deposits of money (other than Deposit Accounts and Instruments), whether or not evidenced by certificates, which a Grantor may from time to time designate as pledged to the Administrative Agent or to any Secured Party as security for any Secured Obligations, and all rights to receive interest on said deposits.

Pledged Deposits means all time deposits of money (other than Deposit Accounts and Instruments), whether or not evidenced by certificates, which a Grantor may from time to time designate as pledged to the Collateral Agent or to any Secured Party as security for any Secured Obligations, and all rights to receive interest on said deposits.

Pledged Deposits means all time deposits of money (other than Deposit Accounts and Instruments), whether or not evidenced by certificates, which a Grantor may from time to time designate as pledged to the Collateral Trustee or to any holder of Secured Obligations as security for any Secured Obligations, and all rights to receive interest on said deposits; provided, that, notwithstanding the foregoing, Pledged Deposits shall exclude the Excluded Property.

Examples of Pledged Deposits in a sentence

• To the extent Pledged Deposits constitute Deposit Accounts, each Grantor shall take all steps that may be required (including the obtaining and furnishing to the Lender appropriate account control agreements as required under Section 9-104 of the UCC) to grant "control" (as defined in Section 9-104 of the UCC) to the Lender.

• So long as no Event of Default shall have occurred and no notice shall have been given by the the Collateral Agent or the Agent, each Grantor shall be entitled to receive, retain and use any and all interest or other distributions paid in respect of the Pledged Deposits.

• In addition, Debtor shall maintain the Pledged Deposits with banks or other financial institutions within the State of California (except as otherwise set forth on Schedule 1 hereto).

• Schedule 2.02(a)(ii) (the "Deposit Schedule") shall be divided into the following categories: Demand Deposits, Saving Deposits and CD and Time Deposits and shall include any Deposit Liabilities that are individual retirement accounts ("XXX Accounts") and any Deposit Liabilities that serve as collateral for obligations of the applicable depositor to Seller ("Pledged Deposits").

• To the extent Pledged Deposits constitute Deposit Accounts, each Grantor shall, upon request of the Lender, take all steps that may be required (including the obtaining and furnishing to the Lender appropriate account control agreements as required under Section 9-104 of the UCC) to grant “control” (as defined in Section 9-104 of the UCC) to the Lender.

More Definitions of Pledged Deposits

Pledged Deposits means all deposits of money, whether or not evidenced by certificates, with any lender rights to receive interest on such deposits and all other sums credited by or due from third parties with respect thereto.

Pledged Deposits means the cash and investments in the Bond Proceeds Fund, the Construction Fund, the Operating Revenue Fund, the Operation and Maintenance Fund, the Debt Service Fund, the Reserve Fund, the Rebate Fund, the Renewal and Replacement Fund, the Payment Fund, the Surplus Fund and the Capital Recovery Fund.

Pledged Deposits means all time deposits of money (other than Deposit Accounts and Instruments), whether or not evidenced by

Pledged Deposits means all time deposits of money (other than Deposit Accounts and Instruments), whether or not evidenced by certificates, which any Credit Party may from time to time designate as pledged to the Agent or to any Lender as security for any Obligation, and all rights to receive interest on said deposits.

Pledged Deposits means all time deposits of money (other than Deposit Accounts and Instruments), whether or not evidenced by certificates, which a Grantor may from time to time designate as pledged to the Administrative Agent or to any Secured Party as security for any Secured Obligations, and all rights to receive interest on said deposits. “Receivables” means the Accounts, Chattel Paper, Documents, Investment Property, Instruments or Pledged Deposits, and any other rights or claims to receive money which are General Intangibles or which are otherwise included as Collateral. “Section” means a numbered section of this Security Agreement, unless another document is specifically referenced. “Security” shall have the meaning set forth in Article 8 of the UCC. “Securities Account” has the meaning set forth in Article 8 of the UCC. “Stock Rights” means any securities, dividends, instruments or other distributions and any other right or property which any Grantor shall receive or shall become entitled to receive for any reason whatsoever with respect to, in substitution for or in exchange for any securities or other ownership interests in a corporation, partnership, joint venture or limited liability company constituting Collateral and any securities, any right to receive securities and any right to receive earnings, in which any Grantor now has or hereafter acquires any right, issued by an issuer of such securities. “Supporting Obligation” shall have the meaning set forth in Article 9 of the UCC. The foregoing definitions shall be equally applicable to both the singular and plural forms of the defined terms. ARTICLE II

Pledged Deposits have the meaning set forth in Section 7.1(viii).

Pledged Deposits means all time deposits of money (other than Deposit Accounts and Instruments), whether or not evidenced by certificates, which a Grantor may from time to time designate as pledged to the Administrative Agent or to any Holder of Secured Obligations as security for any Guaranteed Obligation, and all rights to receive interest on said deposits. “Pledged Equity” means, with respect to any Grantor, the shares of Capital Stock of each issuer identified in Exhibit C under the name of such Grantor and all other shares of Capital Stock of whatever class of each such issuer, now or hereafter owned by such Grantor, and all certificates evidencing the same, and shall include, without limitation, the Applicable Pledge Percentage of the Capital Stock of each Pledge Subsidiary of such Grantor. 4