Pledged to the Agent definition

Pledged to the Agent means mortgaged or pledged to the Agent, as (i) mortgagee and secured party for itself as a Lender and (ii) agent and representative of the Lenders and, in respect of any investment securities, also made subject to a control agreement executed by the relevant securities intermediary and the Agent that gives control of such investment securities to the Agent (as agent and representative of the Lenders).
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Pledged to the Agent means mortgaged or pledged to the Agent, as (i) mortgagee and secured party for itself as a Lender and (ii) agent and representative of the other Lenders and, in respect of any investment securities or deposit accounts, also made subject to a control agreement executed by the relevant securities intermediary or depository and the Agent that gives control of such investment securities or deposit account to the Agent (as agent and representative of the Lenders).
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Pledged to the Agent means mortgaged or pledged to the Agent, as agent and Representative of the Lenders.
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Examples of Pledged to the Agent in a sentence

  • Pledge, grant a security interest or assign any existing or future rights to service any of the Collateral or to be compensated for servicing any of the Collateral, or pledge or grant to any other Person any security interest in any Servicing Rights at any time Pledged to the Agent.

  • Attached is a Total Pledged MBS List listing all MBS currently Pledged to the Agent, including any being pledged concurrently with this Request for Borrowing.

  • The Companies may request Advances and may use proceeds of Advances only (a) to fund or acquire Eligible Single-family Collateral concurrently Pledged to the Agent and (b) to fund the Companies' working capital needs.

  • The parties hereby agree to (further) amend the Security Agreement -- Class R Certificate to substitute Certificate No. R-1 (the "2001-1 Certificate") representing 100% of Class R of the ABFS Mortgage Loan Trust 2001-1 Mortgage Pass-Through Certificates, Series 2001-1, for the 1998-2 Certificates and the 1999-2 Certificates which are currently Pledged to the Agent, and the Companies hereby agree to Pledge to the Agent, or to cause ABFS 2001-1, Inc.

  • The Company may use Advances proceeds (including Swing Line Advances proceeds) only for the stated purpose(s) for which they were requested and may request Advances only for the following purposes: - Subprime Single-family Warehouse Advances shall be used solely to fund or acquire Eligible Subprime Single-family Collateral concurrently Pledged to the Agent.

  • The Companies may request Borrowings and may use proceeds of Borrowings only (a) to fund or acquire Eligible Single-family Collateral concurrently Pledged to the Agent, (b) to fund Periodic Advances that produce Eligible Receivables Collateral, (c) to repurchase Repurchased Defaulted Mortgage Loans, (d) to finance Eligible REO Collateral and (e) to fund the Companies' working capital needs.

  • The Company may use Advances proceeds (including Swing Line Advances proceeds) only for the stated purpose(s) for which they were requested and may request Advances only for the following purposes: o Single-family Warehouse Advances shall be used solely to fund or acquire Eligible Mortgage Loans concurrently Pledged to the Agent.

  • Notwithstanding any other provision hereof to the contrary, the Agent shall treat Pledged Servicing with Xxxxxx Xxx or Xxxxxxx Mac as having zero Servicing Collateral Value from and after the thirtieth day such Servicing Collateral is Pledged to the Agent or until the date on which an Acknowledgment Agreement covering such Pledged Servicing has been executed and delivered by the Company, the Agent and Xxxxxx Mae or Xxxxxxx Mac, as applicable.

  • The sixth (6th) bullet point under this subhead is hereby amended to henceforth read as follows: - any T&I Receivable shall have been first Pledged to the Agent more than three hundred sixty (360) days before the date for which its Collateral Value is being determined.

  • The Company will not on any day own Repurchased Defaulted Mortgage Loans (including both those Pledged to the Agent and those not Pledged to the Agent) having aggregate outstanding principal balances of more than one percent (1%) of the sum of the aggregate outstanding principal balances of the Companies' aggregate portfolio of Serviced Loans.

Related to Pledged to the Agent

  • Pledged Funds means all of the Series Pledged Funds.

  • Pledged Amount With respect to any Pledged Asset Loan, the amount of money remitted to Combined Collateral LLC, at the direction of or for the benefit of the related Mortgagor.

  • Pledged Equity Interest means an Equity Interest that is included in the Collateral at such time.

  • Pledged Equity has the meaning specified in the Security Agreement.

  • the Agent means the estate agency described at paragraph 5 of the Schedule;

  • Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Letter of Credit Related Person has the meaning specified therefor in Section 2.11(f) of the Agreement.

  • Pledged Asset Loan Any Mortgage Loan supported by Pledged Assets or such other collateral, other than the related Mortgaged Property, set forth in the Series Supplement.

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests, Pledged Trust Interests and Pledged Alternative Equity Interests.

  • Pledged Bonds means the Bonds purchased with moneys received under the Letter of Credit in connection with a Redemption Drawing and owned or held by the Applicant or an affiliate of the Applicant or by the Trustee and pledged to the Administrative Agent pursuant to the Pledge Agreement.

  • Collateral Agent as defined in the preamble hereto.

  • Authorized Borrower Representative means a person at the time designated and authorized to act on behalf of the Borrower by a written certificate furnished to the Governmental Lender, the Funding Lender and the Servicer and containing the specimen signature of such person and signed on behalf of the Borrower by its Borrower Controlling Entity which certificate may designate one or more alternates.

  • Borrower Agent as defined in Section 4.4.

  • Administrative Agent-Related Persons means Administrative Agent (including any successor agent), together with its Affiliates and the officers, directors, employees, agents and attorneys-in-fact of such Persons and Affiliates.

  • Pledged Investment Property means any investment property of any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, other than any Pledged Stock or Pledged Debt Instruments.

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Administrative Agent Fee Letter means the Administrative Agent Fee Letter dated as of the Closing Date between the Borrower and the Administrative Agent.

  • Borrowing Agent means any of the following:

  • Collateral Agent Fee Letter means the fee letter between the Collateral Agent and the Borrower setting forth the fees and other amounts payable by the Borrower to the Collateral Agent, the Custodian and the Securities Intermediary under the Facility Documents, in connection with the transactions contemplated by this Agreement.

  • Pledged when used in conjunction with any type of asset, means at any time an asset of such type that is included (or that creates rights that are included) in the Collateral at such time. For example, “Pledged Equity Interest” means an Equity Interest that is included in the Collateral at such time.

  • Applicable Agent means (a) with respect to a Loan or Borrowing denominated in US Dollars or any Letter of Credit, and with respect to any payment hereunder that does not relate to a particular Loan or Borrowing, the Administrative Agent and (b) with respect to a Loan or Borrowing denominated in any Alternative Currency, the London Agent.

  • Pledged Account has the meaning set forth in the Deposit and Security Agreement.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Cooperative Loan Documents As to any Cooperative Loan, (i) the Cooperative Shares, together with a stock power in blank; (ii) the original executed Security Agreement and the assignment of the Security Agreement endorsed in blank; (iii) the original executed Proprietary Lease and the assignment of the Proprietary Lease endorsed in blank; (iv) the original executed Recognition Agreement and the assignment of the Recognition Agreement (or a blanket assignment of all Recognition Agreements) endorsed in blank; (v) the executed UCC-1 financing statement with evidence of recording thereon, which has been filed in all places required to perfect the security interest in the Cooperative Shares and the Proprietary Lease; and (vi) executed UCC-3 financing statements (or copies thereof) or other appropriate UCC financing statements required by state law, evidencing a complete and unbroken line from the mortgagee to the Trustee with evidence of recording thereon (or in a form suitable for recordation).