Borrower Pledge definition

Borrower Pledge means a right of pledge (pandrecht) securing the relevant Mortgage Receivable, including a Borrower Insurance Pledge and a Borrower Investment Pledge.
Borrower Pledge means a right of pledge (pandrecht) securing the relevant Mortgage Receivable, including a Borrower Insurance Pledge;
Borrower Pledge means a pledge agreement in the form of Exhibit B attached to this Agreement, executed by Borrower in favor of the Lender.

Examples of Borrower Pledge in a sentence

  • Borrower is a party to the Borrower Pledge Agreement pursuant to which Borrower has pledged certain Collateral to Administrative Agent to secure the Obligations.

  • The Agent shall have received executed counterparts of the Borrower Pledge Agreement and the Guarantor Pledge Agreement, each dated as of the date hereof, duly executed by each Credit Party party thereto, together with stock certificates, accompanied by undated stock powers duly executed in blank, and promissory notes, duly endorsed in blank, required to be delivered to the Agent pursuant to the Borrower Pledge Agreement and the Guarantor Pledge Agreement.

  • In the event of any conflict between any provision in this Agreement and any provision in the Borrower Pledge Agreement, such provision of the Borrower Pledge Agreement shall control.

  • The CBC authorises the Servicer to incur those reasonable costs and expenses to third parties which must reasonably be incurred in the foreclosure of any Mortgage Receivable and the related security rights, including the Mortgage and the Borrower Pledge of the CBC and/or the Security Trustee.

  • Within 60 days after the Effective Date, the Company shall have completed the perfection of security interests in the stock of Subsidiaries organized in a jurisdiction outside of the United States of America and listed in Annex 1 to the Company Pledge Agreement, Annex 1 to the Canadian Borrower Pledge Agreement or Annex 1 to the Subsidiary Pledge Agreement.


More Definitions of Borrower Pledge

Borrower Pledge means that certain Pledge Agreement of even date herewith executed by the Borrower in favor of the Agent, as amended, restated or otherwise modified from time to time, pursuant to which the Borrower has pledged to the Agent, for the benefit of the Holders of Secured Obligations, (i) as of the Closing Date, all of the Capital Stock of IHC and PRF and (ii) from time to time after the Closing Date, all of the Capital Stock and/or other Equity Interests in any other Person acquired by the Borrower.
Borrower Pledge means the share pledge agreement executed by Borrower in favor of Lender on the date hereof, pursuant to which Borrower pledges in favor of Lender the entirety of its current and future legal and beneficial interest in Holdings, whether comprised of Capital Stock or otherwise. SWVP-018513 - 5 - 79351-0004/LEGAL23242297.11
Borrower Pledge the meaning specified in paragraph (b) of Subsection 3.1.5.
Borrower Pledge means each of (i) that certain Amended and Restated Pledge Agreement, dated as of even date herewith, from the Borrower to the Agent pursuant to which the Borrower pledges the Capital Stock of certain corporate Subsidiaries, the Capital Stock of certain limited liability company Subsidiaries, and the Capital Stock of certain partnership Subsidiaries, as it may be amended, restated or otherwise modified and in effect from time to time, and (ii) any other pledge of Capital Stock delivered by Borrower from time to time to the Agent, in each case delivered to the Agent, for the benefit of the Lenders, to secure the Obligations.
Borrower Pledge means a pledge of the capital stock owned by the Borrower or any Affiliate of Philadelphia Cogeneration, OESC and any other entity owning assets of the Philadelphia Cogeneration Project, executed by the Borrower pursuant to Section 4.1(c) substantially in the form of Exhibit C;
Borrower Pledge the meaning specified in Subsection 4.1.5(a) (Pledge Agreements).
Borrower Pledge. AGREEMENT shall mean the Borrower Pledge Agreement dated as of February 26, 1999 executed by the Borrower, as amended by the First Amendment to Borrower Pledge Agreement.