Examples of Pledge Collateral in a sentence
A photocopy or other reproduction of this Agreement or any financing statement covering the Pledge Collateral or any part thereof shall be sufficient as a financing statement where permitted by law.
Mezzanine Lender's sole duty with respect to the custody, safekeeping and physical preservation of the Pledge Collateral in its possession shall be to deal with it in the same manner as Mezzanine Lender deals with similar securities and property for its own account.
Neither Mezzanine Lender nor any of its directors, officers, employees or agents shall be liable for failure to demand, collect or realize upon any of the Pledge Collateral or for any delay in doing so or shall be under any obligation to sell or otherwise dispose of any Pledge Collateral upon the request of Pledgor or otherwise.
Mezzanine Borrower shall remain liable for any deficiency if the proceeds of any sale or other disposition of Pledge Collateral are insufficient to pay the Obligations and the reasonable fees and costs of any attorneys employed by Mezzanine Lender to enforce its rights and remedies hereunder.
Notice of a proposed sale or other disposition of Pledge Collateral shall be deemed to be a reasonable notification if given at least ten (10) days before such sale or other disposition.