Pledged Agreements definition
Examples of Pledged Agreements in a sentence
It is expressly agreed by the Borrower that, anything herein to the contrary notwithstanding, the Borrower shall remain liable under any and all of the Trust Investments, the Collateral Documentation therefor, the Borrower Pledged Agreements and any other agreements constituting the Borrower Collateral to which it is a party to observe and perform all the conditions and obligations to be observed and performed by it thereunder.
In addition, each of the Borrower and the Servicer hereby authorizes the Collateral Agent to rely on the representations and warranties made by it in the Borrower Pledged Agreements to which it is a party and in any other certificates or documents furnished by it to any party in connection therewith.
Pledged Agreements for Deed will be released from Credit Agent's security interest only against payment of the Release Amount in connection with those Pledged Agreements for Deed.
Except as otherwise provided in this SECTION 7.05(D), the Borrower shall continue to collect or cause to be collected, at its sole cost and expense, all amounts due or to become due to the Borrower under the Trust Investments, the Borrower Pledged Agreements and any other Borrower Collateral.
Any Future Property Dividend in the form of Equity Interests in a Pledged Company shall be pledged pursuant to the Pledged Agreements and, in the case of Equity Interests in Navios Logistics, shall constitute Navios Logistics Pledged Shares.