Pledged Accounts definition

Pledged Accounts means all of each Grantor’s right, title and interest in all of its Deposit Accounts, Commodity Accounts and Securities Accounts (in all cases, including, without limitation, all Controlled Accounts and Foreign Currency Control Accounts).

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Pledged Accounts has the meaning set forth in Section 4.01(a).

Pledged Accounts means the Local Collection Account(s), the Collection Account, the Reserve Accounts, the Loss Proceeds Account, the Security Deposit Account, the Master Lease Deposit Account, any additional accounts now or hereafter maintained by or on behalf of Borrower hereunder and any sub-accounts of any of the foregoing and any successor accounts to any of the foregoing.

Examples of Pledged Accounts in a sentence

Except as otherwise provided herein, the Pledged Accounts shall be under the sole dominion and control of the Collateral Agent for the benefit of the Secured Parties.
If at any time any of the Pledged Accounts ceases to be an Eligible Account, the Servicer with the consent of the Administrative Agent shall within five Business Days establish a new Pledged Account as an Eligible Account and the Account Bank shall transfer any cash and/or any investments from the Pledged Account that is no longer an Eligible Account to such new Pledged Account.
In connection with the foregoing, the Account Bank agrees that it shall notify the Servicer, the Administrative Agent and Standard & Poor’s in writing promptly upon any of such Pledged Accounts ceasing to be an Eligible Account.

More Definitions of Pledged Accounts

Pledged Accounts means the accounts (including any applicable sub-accounts) established by the Permitted Subsidiary at Citibank, N.A. and pledged to the Collateral Agent pursuant to the Asset Pledge Agreement.

Pledged Accounts all Commodity Accounts, Deposit Accounts (other than Excluded Accounts) and Securities Accounts of any Grantor.

Pledged Accounts means each Securities Account and Cash Account (in each case as defined in the Agency Agreement) opened by the Custodian for the Issuer in respect of the Series; and

Pledged Accounts means the EUR Pledged Account and the Dollar Pledged Account and “Pledged Account” means either of them.

Pledged Accounts means the Revenue Account, the Senior Rent Payment Account, the Recovery Event Proceeds Account and the Equity Account.

Pledged Accounts means collectively the Accounts, including all sub-accounts.

Pledged Accounts means the Collection Account and the Reserve Account and any successor accounts thereto.