Agreement Pledgor Clause Samples

Agreement Pledgor. The Pledgor hereby agrees with the Pledgee that the Pledgor will, and is required to, create a right of pledge in favour of the Pledgee over its Security Assets as security for the payment of the Secured Obligations. To the extent required, the Pledgee, acting in its capacity as pledgee under the First Ranking Deed of Pledge, hereby approves and gives consent to the granting of the right of pledge over the Security Assets under and pursuant to this Deed.