Security and Collateral. (a) If a Rating Trigger Event or Financial Expert Trigger Event exists, the Pledged Securities (as such term is defined in the Pledge Agreement) shall be pledged in accordance with the terms and conditions of the Pledge Agreement to secure the payment obligations of the Borrower under this Agreement and under the Reimbursement Note.
Appears in 2 contracts
Samples: Series E Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), Series D Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Security and Collateral. (a) If a Rating Trigger Event or Financial Expert Trigger Event exists, the Pledged Securities (as such term is defined in the Pledge Agreement) shall be pledged in accordance with the terms and conditions of the Pledge Agreement to secure the payment obligations of the Borrower under this Agreement and under the Reimbursement Note.Series B Bond Guarantee Agreement
Appears in 1 contract
Samples: Series B Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Security and Collateral. (a) If a Rating Trigger Event or Financial Expert Trigger Event exists, the Pledged Securities (as such term is defined in the Pledge Agreement) shall be pledged in accordance with the terms and conditions of the Pledge Agreement to secure the payment obligations of the Borrower under this Agreement and under the Reimbursement Note.of
Appears in 1 contract
Samples: And Consolidated Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
Security and Collateral. (a) If a Rating Trigger Event or Financial Expert Trigger Event exists, the Pledged Securities (as such term is defined in the Pledge Agreement) shall be pledged in accordance with the terms and conditions of the Pledge Agreement to secure the payment obligations of the Borrower under this Agreement and under the Reimbursement Note.
Appears in 1 contract
Samples: Series a Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)
