Pledgee definition
Examples of Pledgee in a sentence
The Pledgee will hold in accordance with this Agreement all items of the Collateral at any time received under this Agreement.
The Pledgee shall have no liability whatsoever to any other Secured Creditor as a result of the release of any Pledgor by it in accordance with, or which it believes in good faith to be in accordance with, this Section 31.
In the event of any such sale, the Pledgee shall incur no responsibility or liability for selling all or any part of the Collateral at a price which the Pledgee, in its sole and absolute discretion, may in good ▇▇▇▇▇ ▇▇▇▇ reasonable under the circumstances, notwithstanding the possibility that a substantially higher price might be realized if the sale were deferred until the registration as aforesaid.
This Joinder Agreement shall be binding upon and inure to the benefit of the parties hereto and their respective successors and assigns, except that the Additional Pledgor may not assign, transfer or delegate any of its rights or obligations under this Joinder Agreement (except as set forth in the Credit Agreement) without the prior written consent of the Pledgee and any such assignment, transfer or delegation without such consent shall be null and void.
Each and every right, power and remedy of the Pledgee provided for in this Agreement or in any other Security Document, or now or hereafter existing at law or in equity or by statute shall be cumulative and concurrent and shall be in addition to every other such right, power or remedy.