Definition of TERI Pledge Fund

  1. TERI Pledge Fund means the fund by the name created in the TERI Deposit and Security Agreement whereby TERI will pledge a portion of its guaranty fees to the Trust, by deposit into a special trust account with the Indenture Trustee.

Examples of TERI Pledge Fund in a sentence

  1. SECOND to TERI, the additional guaranty fees pursuant to the TERI Guaranty Agreements, which will be deposited into the TERI Pledge Fund;

Definition of TERI Pledge Fund in National Collegiate Student Loan

TERI Pledge Fund means the fund by the name created in the TERI Deposit and Security Agreement whereby TERI will pledge a portion of its guaranty fees to the Trust, by deposit into a special trust account with the Indenture Trustee.