Bank Account Pledge Agreement definition

Bank Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Trustee on or about the First Issue Date in respect of a first priority pledge over the Bank Account and all funds held on the Bank Account from time to time, granted in favour of the Trustee and the Bondholders (represented by the Trustee).
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Bank Account Pledge Agreement means that certain Bank Account Pledge Agreement between Lenders and Borrower dated of even date herewith.
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Bank Account Pledge Agreement means (a) each Pledge over Bank Accounts Agreement, dated on or about the date hereof, by and between each Belgian Loan Party and Agent with respect to the bank account(s) of such Belgian Loan Party in Belgium, (b) each Luxembourg account pledge agreement, dated on or about the date hereof, by and between each Luxembourg Loan Party and Agent with respect to the bank account(s) of such Luxembourg Loan Party in Luxembourg, and (c) any pledge agreement or other Security Document with respect to a Deposit Account or Securities Account in each case that purports to pledge or grant a security interest or other Lien on any Deposit Account or Securities Account of a Loan Party to secure any of the Obligations.
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Examples of Bank Account Pledge Agreement in a sentence

  • Any funds distributed by the Trustee to the Bondholders in accordance with the Bank Account Pledge Agreement shall be deemed to be paid by the Issuer towards the redemption of such Bondholder’s Bonds under this paragraph (c).

  • The efficiency of molecular sieves has been demonstrated in the milling of a water-ignitable pyrotechnic composition of B/AgF2 [108].

  • The Disbursement Account shall be pledged as security for the Loans to the Lenders pursuant to the Bank Account Pledge Agreement and Pledged Account Control Agreement.

  • An additional amount of TL 7.608 arising from collections through automated teller machine (“ATM”) is not available for use at 31 March 2013 (31 March 2012- TL 5.508).Within the context of the Bank Account Pledge Agreement signed by Avea and its lenders, Avea provided an account pledge over all of its bank accounts amounting to TL 410.587 at 31 March 2013 ; (2012- TL 508.781) in favour of Security Trustee.

  • The Loans shall be secured by the Disbursement Account pursuant to the Bank Account Pledge Agreement and the Pledged Account Control Agreement.

  • Six IP addresses in two origin ASes account for 1,108 of the 1,144 pairs, suggesting six outliers rather than a systematic problem with UDP probes.

  • Feedback from the meeting was positive with the majority of discussion centring around pets and dogs in particular.

  • Nevertheless, the energy expenditure of an IoT device will strongly depend on the context in which it is put, in terms of, e.g., goal of the communication or traffic behaviour.

  • In terms of the Bank Account Pledge Agreement the Issuer is obliged to maintain in the Pledged Account such minimum funds as are equivalent to the amount arrived at by applying the formula in Clause 5.3 of the Bank Account Pledge Agreement.

  • The Remedies of the Security Trustee following an Acceleration Event are provided for in Clause 7 of the Bank Account Pledge Agreement.


More Definitions of Bank Account Pledge Agreement

Bank Account Pledge Agreement means the bank account pledge agreement entered into by and between the Issuer and the Agent on or prior to the First Issue Date (as amended or restated from time to time) for the purposes of creating Security for the Secured Obligations over the Blocked Bank Account.
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Bank Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Trustee on or about the First Issue Date in respect of a first priority pledge over the Bank Account and all funds held on the Bank Account from2 time to time, granted in favour of the Trustee and the Bondholders (represented by the Trustee).
Sample 1
Bank Account Pledge Agreement means the bank account pledge agreement entered into by the Issuer and Subscriber as of the date hereof; Bonds means the Straight Bonds and the Convertible Bonds to be issued by the Issuer under the Bonds Issue;
Sample 1

Related to Bank Account Pledge Agreement

  • Proceeds Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent on or prior to the First Issue Date in respect of a first priority pledge over the Proceeds Account and all funds held on the Proceeds Account from time to time, granted in favour of the Agent and the Bondholders (represented by the Agent).

  • Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent in respect of a first priority pledge over the Escrow Account and all funds held on the Escrow Account from time to time, granted in favour of the Noteholders.

  • Parent Pledge Agreement means that certain Pledge Agreement, dated of the date hereof, made by Parent in favor of Agent.

  • U.S. Pledge Agreement shall have the meaning provided in Section 6.01(f).

  • Holdings Pledge Agreement means the Pledge Agreement of even date herewith executed by Holdings in favor of Agent, on behalf of itself and Lenders, pledging all Stock of Borrower.

  • Stock Pledge Agreement means a stock pledge agreement, in form and substance satisfactory to Agent, executed and delivered by each Borrower that owns Stock of a Subsidiary of Parent.

  • Stock Pledge Agreements means one or more stock pledge agreements, in form and substance satisfactory to Agent, executed and delivered by Borrower and the Guarantors to Agent.

  • Pledge Agreements means the Holdings Pledge Agreement, the Borrower Pledge Agreement and any other pledge agreement entered into after the Closing Date by any Credit Party (as required by the Agreement or any other Loan Document).

  • Borrower Pledge Agreement means the Pledge Agreement of even date herewith executed by Borrower in favor of Agent, on behalf of itself and Lenders, pledging all Stock of its Subsidiaries, if any, and all Intercompany Notes owing to or held by it.

  • Company Pledge Agreement means the Company Pledge Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit XIII annexed hereto, as such Company Pledge Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • Foreign Pledge Agreement means a pledge or charge agreement granting a Lien on Equity Interests in a Foreign Subsidiary to secure the Secured Obligations, governed by the law of the jurisdiction of organization of such Foreign Subsidiary and in form and substance reasonably satisfactory to the Administrative Agent.

  • Credit Support Pledge Agreement The Credit Support Pledge Agreement, dated as of November 24, 1998, among the Master Servicer, GMAC Mortgage Corporation, Combined Collateral LLC and The First National Bank of Chicago (now known as Bank One, National Association), as custodian.

  • Security and Pledge Agreement shall have the meaning set forth in Section 4.01(c).

  • Equity Pledge Agreement means that certain Equity Pledge Agreement, dated as of the Closing Date, by and between the Equityholder and the Collateral Agent.

  • Account Pledge means, in relation to each Account, a pledge agreement creating security in respect of that Account in the Agreed Form and, in the plural, means all of them;

  • Foreign Pledge Agreements means, collectively those certain pledge agreements among the Borrower Parties, or any of them, and the Agent for the benefit of the Agent and the other Lenders pursuant to which one or more Borrower Parties may pledge up to and including sixty-five percent (65%) of the equity interests of directly-owned Foreign Subsidiaries.

  • Canadian Pledge Agreement means a pledge agreement, in form and substance reasonably satisfactory to the Administrative Agent, executed by the Borrower and each Guarantor that is a Canadian Subsidiary, pursuant to which each such Person pledges to the Collateral Agent all of its right, title and interest in and to all Stock of each Subsidiary in which it has an interest, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Pledge Agreement means the pledge agreement dated as of the Closing Date executed in favor of the Administrative Agent, for the benefit of the holders of the Obligations, by each of the Loan Parties, as amended or modified from time to time in accordance with the terms hereof.

  • Share Pledge Agreement has the meaning given such term in the definition of Collateral and Guaranty Requirements.

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Negative Pledge Agreement means the Negative Pledge Agreement, in the form of Exhibit A hereto, by and between the Borrower and the Administrative Agent for the benefit of the Lenders, as amended, supplemented, modified, extended or restated from time to time, pursuant to which the Borrower shall agree not to pledge or xxxxx x xxxx on the stock of any Bank Subsidiary to any Person.

  • Pledge and Security Agreement means the Pledge and Security Agreement to be executed by Company and each Guarantor substantially in the form of Exhibit I, as it may be amended, supplemented or otherwise modified from time to time.

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

  • Pledge Agreement Supplement means, with respect to each Pledge Agreement, the Pledge Agreement Supplement in the form affixed as an Exhibit to such Pledge Agreement.