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, bailee, mortgagee and secured party for the other Lenders (whichever of such terms are applicable to the relevant type or types of Collateral referred to).
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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.

  • 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 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.

  • 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 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.

  • The Landlord also confirms and warrants that the Landlord is in possession of a valid current gas safety certificate for the Property and that a new certificate will be obtained by the end of the twelve month period immediately following the date of the previous certificate as required by the Gas Safety (Installation & Use) Regulations 1994 as amended.

  • 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 will not own on any day 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 and one-half percent (1.5%) of the sum of the aggregate outstanding principal balances of the Companies' managed and owned portfolio of Serviced Loans and Serviced Leases.

  • 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.

  • This log is a necessary provision of information the District will use to consider possible liability coverage of the employee and/or his/her vehicle for any damages occurring during such use.

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.

  • Controlling Collateral Agent means (i) until the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Credit Agreement Collateral Agent and (ii) from and after the earlier of (x) the Discharge of Credit Agreement Obligations and (y) the Non-Controlling Authorized Representative Enforcement Date, the Additional Collateral Agent (acting on the instructions of the Applicable Authorized Representative).

  • 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 and Pledged Trust Interests.

  • Pledged Bonds means the related series of Bonds and any other Mortgage Bonds issued to secure Securities subject to the release provisions provided herein or in any other supplemental indenture to the Original Indenture.

  • 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, the Fiscal Agent 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 that certain fee letter agreement that shall be entered into between the Borrower and the Administrative Agent in connection with the transactions contemplated by this Agreement, as amended, modified, supplemented, restated or replaced from time to time in accordance with the terms thereof.

  • 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.