Pledged definition

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.

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 pursuant to the terms of this Agreement. For example, "Pledged Equity Interest" means an Equity Interest that is included in the Collateral at such time.

Pledged means a commitment by a board or a community legislative body to pay the costs of bond indebtedness, an interfund loan, a reimbursement, or other contractual obligation

Examples of Pledged in a sentence

• The Agreement extends the Resource Center OLA1 with the following information: 1 The Services Possible allocation types: ● Pledged - Resources are exclusively reserved to the Community and the job will be executed immediately after submission.

• The terms of the Collateral Management Service Agreements shall apply to the management of the Relevant Pledged Assets in accordance with the Clearing Conditions.

• The Fiscal Agent makes no representations as to the value or condition of the Pledged Revenues, the Security or any part thereof, or as to the title of the Governmental Lender thereto or as to the security afforded thereby or hereby, or as to the validity or sufficiency of this Funding Loan Agreement or of the Funding Loan.

• The Pledgor shall not create or permit to subsist any security over the Relevant Pledged Assets (other than the security granted hereunder).

• The Governmental Lender covenants and agrees that, except as herein otherwise expressly provided, it has not and will not sell, convey, mortgage, encumber or otherwise dispose of any part of its interest in the Pledged Security or the revenues or receipts therefrom.

More Definitions of Pledged

Pledged. Securities" Section 6.1.4.(c) "Pledged Stock" Section 6.1.4.(a) "Secured Obligations" Section 6.1 "Swap Contracts" Section 3.5

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)

Pledged means a pledge, charge, assignment, lien or other security interest over Certificates and/or over certificated Shares (and/or over a securities account on which Certificates and/or certificated Shares are credited) granted by a Holder pursuant to a Financing Arrangement and valid under the laws governing such Pledge.

Pledged means parking revenue designated through any means,

Pledged means, with respect to any Mortgage Loan, that (a) such Mortgage Loan was originated or acquired with the proceeds of a Revolving Credit Advance hereunder, (b) the Agent holds a first priority perfected exclusive security interest in and lien on such Mortgage Loan, and (c) the Required Documents or Wet Funded Required Documents, as applicable, have been delivered to Agent.

Pledged means, with respect to any Mortgage Loan, that (a) such Mortgage Loan was originated or acquired with the proceeds of a Revolving Credit Advance hereunder, whether or not such Advance remains outstanding, (b) either (i) the Agent holds a first priority perfected security interest in and lien on such Mortgage Loan, or (ii) if such Mortgage Loan is included as part of a pool of Mortgage Loans representing, securing or backing an Agency MBS and Agent has released its security interest in such Mortgage Loan without receipt of payment in full of the amount originally advanced by the Lenders to Borrower to fund the origination or purchase of such Pledged Mortgage Loan (without taking into account any Buydown(s), as such term is defined in Section 2.11 hereof, of the Revolving Credit), the Agent holds a first priority perfected security interest in such Agency MBS with respect to such Mortgage Loan, and (c) the Required Documents or Wet Funded Required Documents, as applicable, have been initially delivered to Agent.

Pledged means specific securities set aside as collateral which are identified to a specific account.