Pledged Notes definition

Pledged Notes all promissory notes listed on Schedule 2, all Intercompany Notes at any time issued to any Grantor and all other promissory notes issued to or held by any Grantor (other than promissory notes issued in connection with extensions of trade credit by any Grantor in the ordinary course of business).

Pledged Notes with respect to any Pledgor, all Intercompany Notes at any time issued to, or held or owned by, such Pledgor.

Pledged Notes has the meaning specified in the Pledge and Security Agreement.

Examples of Pledged Notes in a sentence

• The Pledged Notes shall be satisfied out of the property or proceeds thereof covered by such mortgages or security agreements before recourse to such property may be obtained for the repayment of such other loans.

• Borrower may not waive, modify or otherwise vary any provision of Pledged Loan Paper or Pledged Notes Receivable, except as may be in accordance with the Credit Policy.

• Under the terms of the Subscription Agreement, the Company is required to pay the Redemption Premium in cash to Maple Reach for investing in the Pledged Notes.

• Borrower shall conduct the servicing, administration and collection of the Pledged Loan Paper and Pledged Notes Receivable and shall take, or cause to be taken, all such actions as may be necessary or advisable to service, administer and collect the Pledged Loan Paper and Pledged Notes Receivable from time to time.

• On or before the first date on which any Note Receivable is included in the Borrowing Base, Borrower shall have instructed all Account Debtors to make all payments in respect of all Pledged Notes Receivable directly to the Collection Account.

More Definitions of Pledged Notes

Pledged Notes means all Intercompany Notes at any time issued to any Grantor and all other promissory notes issued to or held by any Grantor, including, without limitation, the Pledged Notes described on Schedule 2.

Pledged Notes means all Notes at any time pledged or required to be pledged hereunder.

Pledged Notes has the meaning specified therefor in Section 6(i).

Pledged Notes has the meaning set forth in Section 3.5 hereof.

Pledged Notes has the meaning specified in the Collateral Agreement.

Pledged Notes all promissory notes listed on Schedule 2, all Intercompany Notes at any time issued to any Grantor in excess of $1,000,000 (or Intercompany Notes which, in the aggregate, are in excess of $1,000,000) and all other promissory notes issued to or held by any Grantor in excess of $1,000,000 (other than promissory notes issued in connection with extensions of trade credit by any Grantor in the ordinary course of business).

Pledged Notes means all right, title and interest of any Grantor in any Instruments evidencing Indebtedness owed to such Grantor, including all Indebtedness described on Schedule 2 issued by the obligors named therein.