Common use of Security and Collateral Clause in Contracts

Security and Collateral. (%3) The Pledged Securities (as such term is defined in the Pledge Agreement) shall be pledged immediately upon the execution of the Pledge Agreement and delivery of the Certificate of Pledged Collateral 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 Notes.

Appears in 3 contracts

Samples: , and Consolidated Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), , and Consolidated Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), , and Consolidated Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

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Security and Collateral. (%3a) The Pledged Securities (as such term is defined in the Pledge Agreement) shall be pledged immediately upon the execution of the Pledge Agreement and delivery of the Certificate of Pledged Collateral 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 Notes.

Appears in 3 contracts

Samples: , and Consolidated Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), , and Consolidated Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), , and Consolidated Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

Security and Collateral. (%3a) The Pledged Securities Instruments (as such term is defined in the Pledge Agreement) shall be pledged immediately upon the execution of the Pledge Agreement and delivery of the Certificate of Pledged Collateral 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 Notes.

Appears in 2 contracts

Samples: , and Consolidated Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/), , and Consolidated Bond Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

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Security and Collateral. (%3) The Pledged Securities (as such term is defined in the Pledge Agreement) shall be pledged immediately upon the execution of the Pledge Agreement and delivery of the Certificate of Pledged Collateral 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 Notes.

Appears in 1 contract

Samples: Guarantee Agreement (National Rural Utilities Cooperative Finance Corp /Dc/)

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