Cash Pool Pledges definition
Cash Pool Pledges means account pledges of the monetary claims of the relevant Obligor against the relevant account bank (allowing for netting and set-off rights in respect of liabilities arising out of and between any Cash Pool only and not any other claim of the Cash Pool Provider to the relevant entity) to be entered into to the extent that a Cash Pool is put in place.
Cash Pool Pledges means account pledges of the monetary claims of the relevant Restricted Group Companies (excluding any Excluded Subsidiary) against the relevant Account Bank (allowing for netting and set-off rights in respect of liabilities arising out of and between the Cash Pools only and not any other claim of the Cash Pool Provider to the relevant entity).