BY PLEDGOR Sample Clauses
The "By Pledgor" clause outlines the specific obligations, representations, or actions that the pledgor—the party offering collateral—must fulfill under an agreement. Typically, this clause details requirements such as maintaining the pledged asset, providing necessary documentation, or ensuring that the collateral remains unencumbered. Its core function is to clearly allocate responsibilities to the pledgor, thereby protecting the interests of the secured party and ensuring the enforceability of the security arrangement.
BY PLEDGOR. Without the prior written consent of Pledgee, Pledgor will not sell, assign, transfer or otherwise dispose of, grant any option with respect to, or pledge or grant any security interest in or otherwise encumber any of the Stock or any interest therein, except for the pledge thereof provided for in this Agreement.
BY PLEDGOR. Without the prior written consent of the Lender, the Pledgor will not sell, assign, transfer or otherwise dispose of, grant any option with respect to, or pledge or grant any security interest in or otherwise encumber or restrict any of the Stock Collateral or any interest therein, except for the pledge thereof and security interest therein provided for in this Agreement.
BY PLEDGOR. Pledgor shall have no right to withdraw any funds from any other Collateral Account.
BY PLEDGOR. Except during any Suspension Period, Pledgor may by Check or other means draw funds from the HC/Mall Component Cash Management Account and the HVAC Component Cash Management Account for the purposes set forth in the Disbursement Agreement. During any Suspension Period, the HC/Mall Component Cash Management Account and the HVAC Component Cash Management Account shall be blocked, and Pledgor shall have no right to draw any amounts therefrom.
BY PLEDGOR. Except during any Suspension Period, Pledgor may by Check or other means draw funds from the Phase II Hotel/Casino Cash Management Account for the purposes set forth in the Disbursement Agreement. During any Suspension Period, the Phase II Hotel/Casino Cash Management Account shall be blocked and Pledgor shall have no right to draw any amounts therefrom.
BY PLEDGOR. Except during any Suspension Period, Pledgor may by Check (as defined in Section 3-104(b) of the Code) or other means draw funds from the Cash Management Account and the Company Payment Account for the purposes set forth in the Disbursement Agreement. During any Suspension Period, the Cash Management Account and the Company Payment Account shall be blocked, and Pledgor shall have no right to draw any amounts therefrom. Pledgor shall have no right to withdraw any funds from any other Collateral Account.