Account Pledge Agreement definition

Account Pledge Agreement means each account pledge agreement pursuant to which the Collateral Rig Operator grants a security interest to the Collateral Agent in the Earnings Account, in each case in substantially the form of Appendix M hereto with such changes to such form as are necessary or advisable to account for local law requirements.
Account Pledge Agreement means each account pledge agreement in the Agreed Form entered or to be entered into by each Obligor in favour of the Agent in respect of the Accounts.
Account Pledge Agreement as defined in subsection 3.9(a).

Examples of Account Pledge Agreement in a sentence

  • The Parties also confirm, for the avoidance of doubt, that this Agreement shall not operate as a novation of the security created under the Belgian Collection Account Pledge Agreement.


More Definitions of Account Pledge Agreement

Account Pledge Agreement means the account pledge agreement dated on or about the day hereof between the Pledgor as pledgor and DB as pledgee regarding the pledge of a certain account held by the Pledgor.
Account Pledge Agreement means an agreement executed and delivered by a Guarantor, the Collateral Agent and an account bank (or acknowledged by such account bank), in form and substance acceptable to the Collateral Agent, whereby such Issuer or Guarantor establishes an Earnings Account, Specified Account or Collection Account, as applicable, and pledges it to the Collateral Agent.
Account Pledge Agreement means each agreement in form and substance acceptable to the Agent granting security in favor of the Agent or the Purchaser over any German Account or German Collection Account.
Account Pledge Agreement has the meaning ascribed to such term in the definition ofCollateral Rig Requirements”.
Account Pledge Agreement means a pledge agreement to be entered into between the Issuer and the Agent (acting on its own behalf and in its capacity as agent and security agent representing the Holders) in respect of a first priority pledge over the Blocked Account and all funds held on the Blocked Account from time to time, granted in favour of the Agent and the Holders (represented by the Agent).
Account Pledge Agreement means each of:
Account Pledge Agreement means the account pledge agreement entered into on or before the Issue Date between the Issuer and the Agent (acting on behalf of the Secured Parties), regarding the Issuer Bank Accounts (except the Equity Account) and the Custodial Account.