Examples of Pledge and Security Agreement in a sentence
Xxxxxxx has caused this Pledge and Security Agreement to be executed in favor of Lender by its duly authorized officers as of the date set forth above.
If recapture of the subsidy or recovery of the subsidy is required pursuant to 12 C.F.R. Section 1291.61, the amount to be recaptured or to be recovered shall be immediately deemed to be an advance issued to the Member by the Bank, and will be subject to the terms and conditions of the Advances, Pledge and Security Agreement and the Bank's Collateral Policy and Credit Policy Manual, while the Bank determines which action permitted under Section 1291.60 will be taken.
The Lender shall have received certified reports from an independent search service satisfactory to it listing any judgment or tax lien filing or Uniform Commercial Code financing statement that names the Borrower, or any of the Borrower’s Subsidiaries as debtor in any of the jurisdictions listed beneath its name on Schedule I to the Pledge and Security Agreement, and the results thereof shall be reasonably satisfactory to the Lender.
Xxxxxx Title: Managing Member SCHEDULE 1 To Pledge and Security Agreement DESCRIPTION OF PLEDGED COMPANY INTERESTS Issuer Owner Class of Limited Partnership Units Number of Limited Partnership Units Pledged Lodging Fund REIT III OP, LP Lodging Fund REIT III, Inc.
The Pledge and Security Agreement and the other Collateral Documents are and shall continue to be in full force and effect and are hereby in all respects ratified and confirmed by each of the undersigned Credit Parties.