Examples of Deposit Account Pledge Agreement in a sentence
The Amended and Restated Deposit Account Pledge Agreement is an amendment and restatement of the Existing Deposit Account Pledge Agreement.
No funds may be withdrawn or moved from the Deposit Account for as long as the Deposit Account Pledge Agreement is in force, except as set forth in the Deposit Account Pledge Agreement.
Contemporaneously with and as a condition precedent to the Lender entering into this Agreement, to evidence the New Borrower’s agreement to assume the obligations of the Existing Borrower under the Existing Deposit Account Pledge Agreement, the New Borrower has executed and delivered to the Lender an Amended and Restated Deposit Account Pledge and Control Agreement dated as of even date herewith (the “Amended and Restated Deposit Account Pledge Agreement”).
Signed by: Hong Kong Secoo Investment Group Limited /s/ Authorized Signatory Signing date: December 26, 2017 Witness: /s/ Witnesses National Trust · Jialong No. 40 Single Fund Trust Deposit Account Pledge Agreement Contract No.NT Tuo Zi 00-000-00-00-00 Pledgor: Hong Kong Secoo Investment Group Limited And Pledgee: National Trust Co., Ltd.
Further, in consideration of the Prepetition Secured Facility, in December, 2016, Good Samaritan and Amalgamated entered into a Deposit Account Pledge Agreement (as amended, restated, modified, and/or supplemented, the “ Pledge Agreement”), pursuant to which Good Samaritan pledged $279,294.96 to Amalgamated (the “Pledge Amount”) as additional collateral to secure the Debtors’ obligations under the Prepetition Secured Facility.