NOTICE OF PLEDGE Sample Clauses

NOTICE OF PLEDGE. 4.1 Subject to Clause 4.3 below the Pledgor undertakes that it will without undue delay, but not later than twenty business days after the date of this Agreement, and, in relation to any Account opened after the date of this Agreement, within ten business days after such new Account has been opened, notify each Account Bank and any other relevant third party of the Pledges by delivering a notification substantially in the form set out in Schedule 3 (Form of Notice of Pledge) by registered mail (Einschreiben mit Rückschein). The Pledgor shall provide the Collateral Agent with a copy of each such notification and of the corresponding return receipt (Rückschein). In addition, the Pledgor shall use all reasonable efforts to procure that each Account Bank promptly acknowledges receipt of the respective notification, and acceptance of the terms thereof, to the Collateral Agent and to the Pledgor. 4.2 Without prejudice to the obligations imposed on the Pledgor in Clause 4.1 and, in the case of future Accounts, Clause 8.3, the Pledgor hereby authorises the Collateral Agent and releases it for this purpose from the restrictions of self-dealing under Section 181 of the German Civil Code to notify each Account Bank and any other relevant third party on its behalf of this Agreement and the Pledge constituted hereunder by delivering a notification substantially in the form set out in Schedule 3 (Form of Notice of Pledge), or in such substantially similar form as the Collateral Agent (acting on behalf of the Secured Parties) deems appropriate, provided that the Collateral Agent may only make use of this authorisation if the Pledgor has not complied with the obligations imposed on the Pledgor in Clause 4.1 within 10 business days of being notified of such failure (with a copy of such notice being sent to Xxxxxxxx Group Holdings Limited) and being requested to comply or if an Enforcement Event has occurred and is continuing. 4.3 The Pledgor shall not be under an obligation to comply with its obligation under Clause 4.1 above whilst an Enforcement Event is not continuing if the Pledgor can prove to the Collateral Agent (acting on behalf of the Secured Parties) that notifying the relevant Account Bank of the Pledge created hereunder would not be consistent with, whilst an Enforcement Event is not continuing, the Pledgor retaining control over and the ability to freely use the balance of any such Account. The Collateral Agent will not be required to use its discretion, but w...
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NOTICE OF PLEDGE. Debtor shall, after the occurrence and during the continuation of an Event of Default, upon written request from Lender, cause each Consumer Loan Note evidencing a Consumer Loan to have conspicuously printed thereon a notation providing notice that such Consumer Loan Note has been pledged by Debtor to Lender.
NOTICE OF PLEDGE. 4.1 The Pledgor undertakes that it will without undue delay, but not later than within 10 (ten) business days after the date of this Agreement, notify each Account Bank of the Pledges by delivering a notification substantially in the form set out in Schedule 3 (Form of Notice of Pledge) by registered mail (Einschreiben mit Rückschein). The Pledgor shall provide the Bank Collateral Agent and the Notes Collateral Agent with a copy of each such notification and of the corresponding return receipt (Rückschein). In addition, the Pledgor shall use reasonable efforts to procure that each Account Bank promptly acknowledges receipt of the respective notification, and acceptance of the terms thereof, to each of the Collateral Agents and to the Pledgor. 4.2 Without prejudice to the obligations imposed on the Pledgor in Clause 4.1 and, in the case of future Accounts, Clause 9.3, the Pledgor hereby authorises each of the Bank Collateral Agent and the Notes Collateral Agent and releases it for this purpose from the restrictions of self-dealing under Section 181 of the German Civil Code to notify each Account Bank on its behalf of this Agreement and the Pledges constituted hereunder by delivering a notification substantially in the form set out in Schedule 3 (Form of Notice of Pledge), or in such form as any of the Collateral Agents deems appropriate.
NOTICE OF PLEDGE. Seller shall have, no less than ten (10) Business Days prior to the requested Purchase Date (or such shorter time period as may be approved by Purchaser in its sole discretion): (A) given notice to Purchaser of the proposed Transaction; and (B) with respect to each Eligible Asset subject to the pending Transaction, delivered to Purchaser the documents required pursuant to Exhibit VII hereto in accordance with the time frames set forth therein (unless otherwise waived by Purchaser).
NOTICE OF PLEDGE. Date: To: [Name of relevant Account Bank] We give you notice that Asyst Technologies, (Taiwan) Ltd. as pledgor (the “Pledgor”) has entered into an Accounts Pledge Agreement with _________ (“Taiwan Collateral Agent”). Pursuant to the Accounts Pledge Agreement, the Pledgor has pledged in favor of the Taiwan Collateral Agent for the benefit of certain secured parties under certain credit agreement, the following accounts and all sums now or hereafter deposited in such accounts and all additions to or renewals or replacements thereof (in whatever currency) and all interest or other sums which may accrue from time to time thereon: Account Name: Account No.: Account Name: Account No.: You are hereby requested to waive your right of set-off against any balance in the above-mentioned accounts. Kindly acknowledge receipt of this notice and agreement to waive your right of set-off by signing in the space provided below. Asyst Technologies, (Taiwan) Ltd. By: Name: Title: By: Name: Title: Acknowledged and agreed by [Name of relevant Account Bank] By: Name: Title: Date: To: [Name of relevant Account Bank] In accordance with the Accounts Pledge Agreement dated ___, 2007 between _________ (“Taiwan Collateral Agent”) and Asyst Technologies, (Taiwan) Ltd. (“the Pledgor”), the Taiwan Collateral Agent executes this notice of continuing pledge on behalf of itself and the Pledgor that the following Accounts and their current credit balances as of the date hereof and interest thereon are and remain subject to the security of the Accounts Pledge Agreement: Account Name: Account No.: Account Name: Account No.: Asyst Technologies, (Taiwan) Ltd. By its authorized agent, By: Name: Title: By: Name: Title: This TAIWANESE ACCOUNTS PLEDGE AGREEMENT, dated as of ___, 2007 (this “Agreement”), is made by ASYST SHINKO TAIWAN, INC. (the “Pledgor”), in favor of _________ as the Taiwan collateral agent (together with its successor(s) thereto in such capacity, the “Taiwan Collateral Agent”) for itself and each of the other Secured Parties (such capitalized term and other capitalized terms used in this preamble and the recitals below to have the meanings set forth in, or are defined by reference in, Section 1 below).
NOTICE OF PLEDGE. 4.1 The Pledgor and the Pledgee hereby give notice of this Agreement and the pledges pursuant to Clause 3.3 to SIG Euro Holding AG & Co. KGaA. 4.2 SIG Euro Holding AG & Co. KGaA hereby acknowledges the notification pursuant to Clause 4.1 above.
NOTICE OF PLEDGE. 5.1 The Pledgor hereby undertakes that it will procure that the provisions of section 138 of the Contract Law, Cap. 149, applicable in Cyprus are fully complied with with regard to the pledge of Shares hereunder and more particularly, forthwith, upon receipt by the Company of a notice from the Pledgee or on its behalf giving notice of the pledge in the form set out in Schedule 4 and attaching a certified copy of this Deed, the Company will cause a memorandum of pledge to be made in its register of members against the Shares and that the secretary of the Company will execute and deliver to the Pledgee a certificate in the form of Schedule 5. 5.2 The Pledgor will procure that the provisions of this Clause 5 are complied with by the Pledgor and the Company in relation to any further shares in the capital of the Company forthwith upon the issue thereof.
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NOTICE OF PLEDGE. Pursuant to the Inventory Pledge and Security Agreement, dated as of May 13, 2008 by and among (i) WACHOVIA BANK (the “Bank”); and QUALYTEXTIL S/A (the “Qualytextil”), and as Intervening and Consenting Parties; LAKELAND DO BRASIL EMPREENDIMENTOS E PARTICIPAÇÕES LTDA., and LAKELAND INDUSTRIES, INC; we hereby give in pledge and transfer to the Bank, under the terms and conditions of the above referred Inventory Pledge and Security Agreement and for the purposes specified therein, the following Substitute Goods: May 13, 2008 By: /s/ Xxxxxx X. Xxxxxx Name: Xxxxxx X. Xxxxxx Title: CFO QUALYTEXTIL S/A, A company duly organized and existing in accordance with the laws of Brazil, with its registered office in the City of Salvador, State of Bahia, at Rua Luxemburgo, s/nº, Loteamento Granjas Rurais, Presidente Xxxxxx, Quadra O, Lotes 82 and 83, São Caetano, Brazil, enrolled with the Brazilian Taxpayers Roll of the Ministry of Finance (CNPJ/MF) under no. 04.011.170/0001-22, herein duly represented in accordance with its Charter Documents, together with its successors and permitted assigns (the “Qualytextil”) hereby irrevocably and irreversibly appoints WACHOVIA BANK, duly organized and existing in accordance with the laws of New York, with its registered office at 00 Xxxx 00xx Xxxxxx, 00xx Xxxxx, Xxx Xxxx, Xxx Xxxx 00000, represented in accordance with its corporate documents (the “Bank”), as its attorney-in-fact to act in its name and place, with the following powers:
NOTICE OF PLEDGE. Pursuant to Clause 30.1 of the Public Works Contract, the Company hereby notifies you that it has entered into a Pledge Agreement without Transfer of Possession dated as of February 26, 2004 (the "Borrower Pledge Agreement") pursuant to which it has pledged all the collection rights of the Company under the Public Works Contract in favor of Banco Santander Mexicano, S.A., its successors and assigns, as Onshore Collateral Agent on behalf and for the benefit of the secured parties (the "Onshore Collateral Agent") to secure the obligations of the Company towards such secured parties (the "Secured Obligations") under: (a) the Common Agreement dated as of February 26, 2004 (the "Common Agreement"), among the Company as borrower, WestLB AG, New York Branch as intercreditor agent and facility administrative agent, Banco Santander Central Hispano, S.A., New York Branch as offshore collateral agent, Banco Santander Mexicano, S.A. as Onshore Collateral Agent and Citibank, N.A. as note trustee, the lenders and the other creditors and creditor representatives from time to time party thereto, setting forth certain common representations and warranties, covenants, conditions to funding, events of default and other terms that are complementary to and form part of the Financing Documents (as hereinafter defined); (b) the Credit Agreement dated as of February 26, 2004 (the "Credit Agreement"), among the Company as borrower, the banks and the other financial institutions parties thereto and WestLB AG, New York Branch as facility administrative agent, pursuant to which the Company will obtain additional funds to be used as specified in the Public Works Contract for the payment of Project-related costs; (c) the notes to be issued by the Company and sold under a note purchase agreement dated as of February 26, 2004 among the Company, the sponsor parties named therein and the representatives named therein, the rights and obligations in respect of which notes shall be governed by the Note Indenture dated as of February 26, 2004 (the "Note Indenture"), among the Company as issuer and Citibank, N.A. as note trustee; and (d) the Depositary Agreement dated as of February 26, 2004 (the "Depositary Agreement") among the Company as borrower, Banco Santander Central Hispano, S.A., New York Branch as offshore collateral agent and offshore depositary bank, Banco Santander Mexicano, S.A. as Onshore Collateral Agent, Citibank, N.A. as note trustee and WestLB AG, New York Branch as facility ...
NOTICE OF PLEDGE. Each Holder shall provide the ----------------- Company with written notice of any pledge of his or its Registrable Securities and any default or event of default under any obligation secured by any Registrable Securities.
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