Collateral Account Pledge definition

Collateral Account Pledge means a pledge by the Guarantor substantially in the form of Exhibit D hereto (or such other form reasonably acceptable to the Administrative Agent) pursuant to which the Guarantor pledges and grants to the Agent, for the benefit of the Secured Parties (subject to Permitted Liens), a first priority security interest and Lien in and on its Collateral Account.
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Collateral Account Pledge means a collateral account pledge, as amended, modified, supplemented or restated from time to time, substantially in the form attached hereto as Exhibit D, pursuant to which the Initial Borrower pledges and assigns by way of security to the Administrative Agent, for the benefit of the Secured Parties, a security interest and Lien in and on its right, title and interest in and to all amounts held in or credited to the account into which the applicable Investors are required to deposit Contributions, as more fully described in Section 5.2 hereof in order to secure the Initial Borrower’s Obligations.
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Collateral Account Pledge means each Borrower Collateral Account Pledge and each Pledgor Collateral Account Pledge, as applicable. “Collateral Account Pledges” means, where the context requires, all such collateral account pledges, collectively.
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Examples of Collateral Account Pledge in a sentence

  • Upon the occurrence of a Cash Control Event, the Administrative Agent is authorized to take exclusive control of each Collateral Account in accordance with the terms of the applicable Collateral Account Pledge or Account Control Agreement (if applicable).


More Definitions of Collateral Account Pledge

Collateral Account Pledge means the second priority pledge required to be executed hereunder by the Technical Manager over the Collateral Account in such form as the Bank may agree or require;
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Collateral Account Pledge means a pledge/or and assignment or charge of a Collateral Account in substantially the form of Exhibit H attached hereto, as may be amended, restated, supplemented or otherwise modified from time to time.
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Collateral Account Pledge means each Pledge of Collateral Account in substantially the form of Exhibit I -1 or Exhibit I -2.
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Collateral Account Pledge means each pledge of a Collateral Account, substantially in the form of Exhibit D, made by a Borrower in favor of the Administrative Agent, pursuant to which such Borrower has granted to the Administrative Agent for the benefit of the Secured Parties, a first priority, exclusive Lien in and to a Collateral Account, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time .
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Related to Collateral Account Pledge

  • 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;

  • Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent before the Issue Date in respect of a first priority pledge over the Escrow Account and all funds standing to the credit of the Escrow Account from time to time, granted in favour of the Agent and the Holders (represented by the Agent).

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

  • Cash Collateral Account Agreement With respect to any Mortgage Loan, the cash collateral account agreement, if any, between the originator of such Mortgage Loan and the related Mortgagor, pursuant to which the related Cash Collateral Account, if any, may have been established.

  • Collateral Deposit Account shall have the meaning set forth in Section 7.1(a).

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Trust Account Property means the Trust Accounts, all amounts and investments held from time to time in any Trust Account (whether in the form of deposit accounts, Physical Property, book-entry securities, uncertificated securities or otherwise), and all proceeds of the foregoing.

  • Letter of Credit Collateral Account has the meaning assigned to such term in Section 2.05(k).

  • Cash Collateral Account means a blocked account at a commercial bank specified by the Administrative Agent in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner reasonably satisfactory to the Administrative Agent.

  • Account Property means, with respect to each Account, such Account, together with all cash, securities, financial assets and investments and other property from time to time deposited or credited to such Account and all proceeds thereof, including, with respect to the (i) Reserve Fund, the Reserve Fund Initial Deposit and (ii) Yield Supplement Account, the Yield Supplement Account Deposit.

  • Controlled Account Agreement has the meaning specified therefor in the Security Agreement.

  • Deposit Account Agreement means the Deposit Account Agreement and Disclosure, as may be amended from time to time, issued by the Custodian and available on the Custodian’s internet customer portal, “xx.xxxxxxxxxxx.xxx”.

  • Blocked Account has the meaning provided in Section 6.13(a)(ii).