Property Pledge definition
Examples of Property Pledge in a sentence
Borrower shall cause each Encumbered Property Owner to comply in all material respects with all of their respective obligations and liabilities under the Encumbered Property Indebtedness Documents to which each is a party, in each case except to the extent that any failure to so comply would not have a material adverse effect on the value of the Encumbered Properties or the collateral securing the Encumbered Property Pledge Agreements taken as a whole.
Intellectual Property Pledge Agreement over its intellectual IP rights (Convention de nantissement de propriété industrielle) • Cerfa form ▇▇.
To the extent that Party B has any remaining rights with respect to the share of property subject to this Agreement hereunder or under Party B’s Share of Property Pledge Agreement or under Party B’s Power of Attorney, Party B shall not exercise such rights excluding in such manner in accordance with the written instructions of Party A.
Except for Party B’s Share of Property Pledge Agreement and Party B’s Power of Attorney, Party B has not placed any security interest on such share of property.
Property Pledge Agreement between Hudbay, Silver Wheaton and La Fiduciaria, dated 11 January 2013, including any amendments required to subordinate Silver Wheaton’s security interest in the equipment covered by the Equipment Financing Facility to that of Caterpillar Leasing Chile S.A., provided that such subordination shall only affect the equipment covered by the Equipment Financing Facility.
Property Pledge Agreement between Skype Technologies S.A. and the Administrative Agent, which shall create a security interest over certain intellectual property owned by Skype Technologies S.A. and shall be in form and substance reasonably satisfactory to the Administrative Agent and Holdings (the “Dutch IP Pledge”), shall be executed and delivered to the Administrative Agent by Skype Technologies S.A. within 30 days after the Effective Date.
The communications to be made pursuant to this Property Pledge Agreement shall be sent to the addresses indicated below: Address: C▇▇▇▇ ▇▇ ▇▇.
For the purpose of this Section and this Agreement, “security interests” shall include securities, mortgages, third party’s rights or interests, any stock options, acquisition right, right of first refusal, right to offset, ownership retention, or other security arrangements, but shall be deemed to exclude any security interest created by this Agreement, Party B’s Share of Property Pledge Agreement, and Party B’s Power of Attorney.
The Loans shall be secured by (a) the Mortgages, (b) the JV Pledge Agreement, (c) the P&V Property Pledge Agreement, (d) the Assignments of Rents and Leases, (e) any funds deposited in the Lockbox Account, and (f) the other Loan Documents.
Buyer shall enter into an Intellectual Property Pledge and Security Agreement with the Seller, in the form attached herewith as Exhibit B-2, that will pledge the Purchased Assets as collateral for the Corporate Promissory Note.