Fixed Deposit Pledge definition

Fixed Deposit Pledge means a Fixed Deposit Certificate Pledge Agreement, substantially in the form of Schedule 1, entered into by BUFH and IFC in accordance with Article 3 (Deposits and Pledge Provisions) over the Fixed Deposit, by which BUFH pledges all of its rights, title and interest in the CD to IFC;

Related to Fixed Deposit 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;

  • Clearing Account Agreement means that certain agreement relating to clearing account services by and among Mortgage Borrower, Lender and Clearing Account Bank, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time, relating to the operation and maintenance of, and application of funds in, the Clearing Account.

  • 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.

  • Security Deposit Account has the meaning given in Section 5.1.