Pledged Security definition

Pledged Security shall have the meaning given to that term in Section 2.02 hereof.
Pledged Security means a Book-Entry Security that is held in a Restricted Securities Account for one of the purposes specified in section 4.3.2(a)(2) of this operating circular and in accordance with this appendix.
Pledged Security means a security, other than a Mortgage Loan, that has been added to the Collateral in accordance with the terms of this Agreement and that the Custodian has been instructed to hold for Agent on behalf of Lender pursuant to the Custodial Agreement.

Examples of Pledged Security in a sentence

  • The Indebtedness is secured by the Pledged Security pledged pursuant to the Funding Loan Agreement.

  • The Governmental Lender covenants and agrees that, except as herein otherwise expressly provided, it has not and will not sell, convey, mortgage, encumber or otherwise dispose of any part of its interest in the Pledged Security or the revenues or receipts therefrom.

  • This Governmental Note is a limited obligation of the Obligor, payable solely from the Pledged Security pledged and assigned under the Funding Loan Agreement.

  • Should any instrument in writing from the Governmental Lender be required by a successor Fiscal Agent for more fully and certainly vesting in such successor the Pledged Security and all rights, powers and duties hereby vested or intended to be vested in the predecessor, any and all such instruments in writing shall, on request, be executed, acknowledged and delivered by the Governmental Lender.

  • This Note is a limited obligation of the Obligor, payable solely from the Pledged Security pledged and assigned under the Funding Loan Agreement.


More Definitions of Pledged Security

Pledged Security. As defined in the Security Agreement.
Pledged Security means and includes, among other things, (a) the Project, (b) the rights of the Issuer in and under the Lease (except for the Unassigned Rights), (c) the Pledged Revenues,
Pledged Security means the Pledged Security described in the Security Document.
Pledged Security. As defined in the Guarantor Pledge Agreement.
Pledged Security means a Security that is included in the Collateral at such time.
Pledged Security shall have the meaning given to that term in Section 2.02 hereof. “Prepayment Premium” shall mean any premium payable hereunder in connection with a prepayment of the Funding Loan, which premium shall be in an amount equal to the amount payable by the Borrower under Section 10 of the Project Note in connection with a prepayment of the Project Loan.