Acceptable Securites Sample Contracts

PLEDGE AND SECURITY AGREEMENT
Acceptable Securites • March 16th, 2006 • First Albany Companies Inc • Security brokers, dealers & flotation companies • New York

This Acceptable Securities Pledge and Security Agreement (the "Pledge Agreement") dated as of March 14, 2006, by and between FIRST ALBANY COMPANIES INC., a New York corporation, with its principal office and place of business as of the date hereof at 677 Broadway, Albany, New York 12207 (the "Borrower" or “Pledgor”), and KEYBANK NATIONAL ASSOCIATION, a national banking association organized and existing under the laws of the United States of America, with an office for the transaction of business as of the date hereof at 66 South Pearl Street, Albany, New York, 12207 (the "Bank" and “Pledgee”).

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