Common Contracts

3 similar Pledge and Security Agreement contracts by Nauticus Robotics, Inc.

PLEDGE AND SECURITY AGREEMENT
Pledge and Security Agreement • February 5th, 2024 • Nauticus Robotics, Inc. • General industrial machinery & equipment, nec

provided that (i) if a range of values is provided in a particular appraisal, then the fair market value in such appraisal shall be deemed to be the mid-point within such range and (ii) if a third appraisal is obtained, the fair market value of such Collateral Ship or other vessel shall be the average of the three appraisals obtained.

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PLEDGE AND SECURITY AGREEMENT
Pledge and Security Agreement • September 21st, 2023 • Nauticus Robotics, Inc. • General industrial machinery & equipment, nec

provided that (i) if a range of values is provided in a particular appraisal, then the fair market value in such appraisal shall be deemed to be the mid-point within such range and (ii) if a third appraisal is obtained, the fair market value of such Collateral Ship or other vessel shall be the average of the three appraisals obtained.

PLEDGE AND SECURITY AGREEMENT
Pledge and Security Agreement • September 21st, 2023 • Nauticus Robotics, Inc. • General industrial machinery & equipment, nec

provided that (i) if a range of values is provided in a particular appraisal, then the fair market value in such appraisal shall be deemed to be the mid-point within such range and (ii) if a third appraisal is obtained, the fair market value of such Collateral Ship or other vessel shall be the average of the three appraisals obtained.

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