MEXICAN PLEDGE AGREEMENT dated effective as of May 4, 2005 between RAILCAR, LTD. as Grantor and GENERAL ELECTRIC CAPITAL CORPORATION, as Collateral AgentMexican Pledge Agreement • March 17th, 2006 • Progress Rail Services, Inc.
This PLEDGE AGREEMENT, dated effective as of May 4, 2005 (this “Agreement”), is entered into by and between RAILCAR, LTD (hereinafter referred to as “Railcar” or as “Grantor”), and General Electric Capital Corporation (“GECC”) acting in the capacity of U.S. collateral agent for the benefit of the Secured Parties (as such term is defined in the Credit Agreement, defined below) (in such capacity, the “Collateral Agent”). Capitalized terms used in this Agreement and not defined herein shall have the meanings assigned to them in the Credit Agreement, as such term is defined below.
