Collateral Pledge. The Loan Parties shall have effectively and validly pledged and perfected the Collateral contemplated by the Security Documents.
Collateral Pledge. GMACM acknowledges the first lien security interest of Xxxxxx Xxx and the validity and enforceability of the pledge of the Collateral previously made by it to secure obligations to Xxxxxx Mae under the Pledge Agreement. In the event the Settlement Amount is ever challenged by any person or entity, including the GMACM Parties or any person or entity acting under or on behalf of the GMACM Parties, including any trustee in bankruptcy, as a fraudulent transfer, a preferential payment, or on any other basis seeking to invalidate the Settlement Amount or return of the funds paid, the funds accepted by Xxxxxx Xxx as the Settlement Amount shall be considered to have been subject to a perfected first lien security interest and held as Collateral for the Lender Obligations (as defined in the Pledge Agreement) and other obligations of GMACM under this Agreement and shall be returned to such status to the extent any return of funds is required and Xxxxxx Mae reserves and retains all rights to assert and collect all Single Family Repurchase Obligations and Recourse Obligations with respect to the Covered Mortgages to the extent of funds so returned, as if this Agreement had not been made.
Collateral Pledge. Bank may transfer Collateral into its name or that of its nominee and may receive the income and any distributions thereon and hold the same as Collateral for the Obligations, or apply the same to any Obligations due, whether or not a default or Event of Default has occurred.
Collateral Pledge. At any time after an Event of Default has occurred and is continuing, the Agent may transfer Pledged Collateral into its name or that of its nominee.
Collateral Pledge. Borrower and Commnet shall have effectively and validly pledged and perfected the Collateral contemplated by the Security Documents, including the pledge of all of the capital stock of Borrower in Commnet, Guyana Telephone & Telegraph Company Limited and Choice Communications, LLC.
Collateral Pledge. On the Closing Date, as further security for payment of the Obligations and satisfaction by Borrowers of all covenants and undertakings contained in this Agreement and the other Loan Documents, Lender shall receive a collateral pledge from RUSA of all of the capital stock of each of the other Borrowers, to the extent not currently pledged to Lender. 3.5
Collateral Pledge. The definition of "Collateral Pledge" is hereby amended (i) by inserting the phrase "as amended November 19, 1996, and" after the word "Agent,"; and (ii) by inserting the word "further" after the phrase "as the same may be".
Collateral Pledge. The Loan Parties shall have effectively and validly pledged and perfected the Collateral contemplated by the Security Documents and acquired pursuant to the Verizon Acquisition, including, the pledge of all of the ownership interest of the Acquired Companies and their Subsidiaries, to the extent required hereunder and under the Security Documents.
Collateral Pledge. Bank may transfer Collateral into its name or that of its nominee and may receive the income and any distributions thereon and hold the same as Collateral for the Obligations, or apply the same to any Obligation, whether or not a Default or any Event of Default has occurred.
Collateral Pledge. 15 3.5 Searches....................................................... 15 3.6 Landlord's and Mortgagee's Waivers............................. 16 3.7
