Examples of Pledged Documents in a sentence
In the event the Escrow Agent places the Pledged Documents that have actually been delivered to Escrow Agent in the registry of the Circuit Court in and for Broward County, Florida, and files an action of interpleader naming Pledgor and Pledgee, and other necessary parties, Escrow Agent shall be released and relieved from any and all further obligations and liabilities hereunder or in connection herewith.
Assignee may exercise its rights under the Loan Agreement, Security Agreement and this Assignment in accordance with their terms, including, without limitation, the right to succeed to all of Assignor’s right, title and interest in and to all beneficial interest under the Deed of Trust and the Pledged Documents.
Borrower has delivered or will deliver to HRA fully executed originals of the Pledged Documents, and such documents have not been modified, amended or canceled.
Borrower hereby authorizes HRA to file UCC financing statements and amendments to financing statements with respect to the Pledged Documents consistent with the terms of this Agreement in such form and substance as HRA, in its sole discretion, may determine.
Subject to the terms and conditions set forth herein, this is a perfected, absolute and present assignment by Borrower to HRA of the Pledged Documents.
The Lenders do not assume and shall have no responsibility, obligation or liability to the Purchasers, the Lenders' relationship being solely that of a creditor who has taken, as security for Indebtedness owed to it, an Assignment of Pledged Documents.
If Escrow Agent has not received any protest or objection from Pledgor within ten (10) business days of receipt of such affidavit, the Pledged Documents shall be delivered to the Pledgee.
Assignee may exercise its rights under the Loan Agreement, Security Agreement and this Assignment in accordance with their terms, including, without limitation, the right to succeed to all of Assignor’s right, title and interest in and to all beneficial interest under the Mortgage/Deed of Trust and the Pledged Documents.
Upon such delivery of the Pledged Documents, Escrow Agent's duties hereunder shall terminate.
The Lenders do not ------------------------------------- assume and shall have no responsibility, obligation or liability to the Purchasers, the Lenders' relationship being solely that of a creditor who has taken, as security for Indebtedness owed to it, an Assignment of Pledged Documents.