Pledged Note definition

Pledged Note has the meaning set forth in Section 5(i).

Pledged Note has the meaning set forth in Section 2.09.

Pledged Note as defined in the Pledge Agreements.

Examples of Pledged Note in a sentence

• When a Pledged Note Receivable that is in the possession of Agent or the Pledgeholder is repaid in its entirety, Agent shall return or shall authorize the Pledgeholder to return such Pledged Note Receivable to Borrower to facilitate its payment and Agent shall release Agent’s Liens in such Pledged Note Receivable promptly upon receipt of the final payment relating to such Pledged Note Receivable.

• Borrower is and will at all times be the sole owner of each Pledged Note Receivable and its related Loan Paper free and clear of any and all other Liens, other than Permitted Liens, and Agent will hold a first-priority Lien in each item of Collateral.

• State Capital was not a party to the Custody Agreement.The Custody Agreement acknowledged that “[t]he Pledged Note is currently subject to” the LSA and amendments thereto, and that Metro was “acting as escrow agent in connection with the [LSA].” Id., Vol.

• Borrower is and will at all times be the sole owner of each Pledged Note Receivable and its related Loan Paper free and clear of any and all other Liens, other than Permitted Liens, and the Agent will hold a first-priority Lien in each item of Collateral.

• Borrower shall deposit into a Deposit Account that is subject to a perfected first-priority Agent’s Lien all amounts advanced by Borrower into escrow and all amounts delivered to Borrower to be held in escrow, including, without limitation, construction funds, insurance premiums and proceeds, taxes, and other funds delivered to Borrower to be held on behalf of any Account Debtor under any Pledged Note Receivable.

More Definitions of Pledged Note

Pledged Note mean each Pledged Note described in a Pledge Agreement pledged to the Administrative Agent for the benefit of the Lenders and the Issuing Bank.

Pledged Note means each promissory note that constitutes part of a Corporate Unit, provided that such note shall be a “Pledged Note” hereunder only for so long as such Pledged Note, or Substitute Treasury Securities, remain(s) pledged for the benefit of the Borrower to secure obligations of the obligor under the associated equity purchase contract.

Pledged Note as defined in the Guarantee and Collateral Agreement.

Pledged Note means a Note which is subject to a Pledge.

Pledged Note means the Note issued to the Pledgor by TII on the date hereof and in an initial total principal amount of US$600,593,478.

Pledged Note means any promissory note (as that term is defined in the Code) issued in favor of any of the Grantors.

Pledged Note has the meaning set forth in Section 3.14.