PLEDGE AGREEMENT FOR FINANCIAL INSTRUMENT ACCOUNTS Sample Clauses

PLEDGE AGREEMENT FOR FINANCIAL INSTRUMENT ACCOUNTS. Constituent: GAMING PARTNERS INTERNATIONAL, with its head office in ZI BEAUNE SAVIGNY, Route de SAVIGNY 21200 BEAUNE. SAS with capital of 8,000,000 EUR, registered in the Trade Registry of BEAUNE under number B515720647, represented by GAMING PARTNERS INTERNATIONAL CORPORATION, 0000 XXXXXXXXXX XXXX, XXX XXXXX, XXXXXX acting as Chairman, represented by Xx. Xxxxxx XXXXXXXX. Warranty Description: 250,000.00 Euro in FCP Union Strategy Warranty and 250,000.00 Euro in FCP Union Alterdym Special account number for pledged financial instruments: 1009618548000022742016 Total estimate for the securities registered in the collateral account based on the last accommodations and known values: 500,000.00 EUR.
Sample 1
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PLEDGE AGREEMENT FOR FINANCIAL INSTRUMENT ACCOUNTS. Pursuant to the measures of Article L.431-4 of the Monetary and Financial Code, the Constituent declares to affect a pledge for the aforementioned financial instruments account for the bank until the complete repayment of the warranty securities. The Constituent declares that the Collateral Account as well as the financial instruments, the subject of this declaration, are not bond in any way. The financial instruments included in the Collateral Account, those that replace them or complete them in any way as well as their profits and revenues in all currencies are included in the pledge basis. The Constituent is required to complete the pledge so that the total value of the financial instruments and amounts registered in the Collateral Account are always equal to at least 100% of the amount of its warranty securities. If the securities registered in the collateral account are non-negotiable financial instruments on a regulated market, the issuing company has sent, issued by the Constituent to the Bank, through registered letter with proof of receipt, the company’s agreement with this pledge, confirming that the pledged shares have not been seized, pledged or are bound in any way. The bank will exercise its right to a pledged debt for the shares or stock that could be issued to the Constituent in place of presently pledged shares. To this effect, the Constituent agrees to fulfill all the useful formalities to affect the shares and stocks for the Bank and, in the case of a change in a company whose bylaws contain an agreement clause, to solicit the consent of the former, from its constitution, to pledge these securities to the bank and to grant him/her this consent as soon as possible. The Constituent cannot have financial instruments and sums registered in the Collateral Account. Nevertheless, this principle may be waived with the express and previous agreement of the bank and the Constituent under the terms of an agreement that limitedly lists the act(s) that the Constituent will exceptionally authorize for the Collateral Account under the control of the Account Holder if the former accepts its task of auditing. The results of the creation of the financial instruments and the reinvested financial instruments acquired will be included, ipso jure, in the initially constituted pledge basis. If the guaranteed debt becomes payable for any reason, the bank may, at the end of a eight day period starting from the receipt of official notice sent to the borrower, the...
Sample 1

Related to PLEDGE AGREEMENT FOR FINANCIAL INSTRUMENT ACCOUNTS

  • Deposit Account Transactions (a) The Bank or its Subcustodians will make payments from the Deposit Account upon receipt of Instructions which include all information required by the Bank.

  • Deposit Accounts and Securities Accounts Set forth on Schedule 4.15 (as updated pursuant to the provisions of the Security Agreement from time to time) is a listing of all of the Loan Parties’ and their Subsidiaries’ Deposit Accounts and Securities Accounts, including, with respect to each bank or securities intermediary (a) the name and address of such Person, and (b) the account numbers of the Deposit Accounts or Securities Accounts maintained with such Person.

  • Pledge Agreements Duly executed originals of each of the Pledge Agreements accompanied by (as applicable) (a) share certificates representing all of the outstanding Stock being pledged pursuant to such Pledge Agreement and stock powers for such share certificates executed in blank and (b) the original Intercompany Notes and other instruments evidencing Indebtedness being pledged pursuant to such Pledge Agreement, duly endorsed in blank.

  • Secured Hedge Agreements and Secured Cash Management Agreements No Cash Management Bank or Hedge Bank that obtains the benefits of Section 10.4 or any Collateral by virtue of the provisions hereof or of any Security Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article XI to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Secured Cash Management Agreements and Secured Hedge Agreements unless the Administrative Agent has received written notice of such Secured Cash Management Agreements and Secured Hedge Agreements, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be.

  • Secured Cash Management Agreements and Secured Hedge Agreements Except as otherwise expressly set forth herein, no Cash Management Bank or Hedge Bank that obtains the benefit of the provisions of Section 8.03, the Guaranty or any Collateral by virtue of the provisions hereof or any Collateral Document shall have any right to notice of any action or to consent to, direct or object to any action hereunder or under any other Loan Document or otherwise in respect of the Collateral (including the release or impairment of any Collateral) (or to notice of or to consent to any amendment, waiver or modification of the provisions hereof or of the Guaranty or any Collateral Document) other than in its capacity as a Lender and, in such case, only to the extent expressly provided in the Loan Documents. Notwithstanding any other provision of this Article IX to the contrary, the Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Secured Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements except to the extent expressly provided herein and unless the Administrative Agent has received a Secured Party Designation Notice of such Secured Obligations, together with such supporting documentation as the Administrative Agent may request, from the applicable Cash Management Bank or Hedge Bank, as the case may be. The Administrative Agent shall not be required to verify the payment of, or that other satisfactory arrangements have been made with respect to, Secured Obligations arising under Secured Cash Management Agreements and Secured Hedge Agreements in the case of a Facility Termination Date.

  • Deposit Accounts; Securities Accounts The only Deposit Accounts or Securities Accounts maintained by any Grantor on the date hereof are those listed on Schedule 6 (Bank Accounts; Control Accounts), which sets forth such information separately for each Grantor.

  • Deposit Account Control Agreements the Deposit Account control agreements to be executed by each institution maintaining a Deposit Account for an Obligor, in favor of Agent, for the benefit of Secured Parties, as security for the Obligations.

  • Deposit Accounts, Securities Accounts and Commodity Accounts Attached hereto as Schedule 14 is a true and complete list of all Deposit Accounts, Securities Accounts and Commodity Accounts (each as defined in the Security Agreement) maintained by each Pledgor, including the name of each institution where each such account is held, the name of each such account and the name of each entity that holds each account.

  • Deposit Account Control Agreement control agreement satisfactory to Agent executed by an institution maintaining a Deposit Account for an Obligor, to perfect Agent’s Lien on such account.

  • Securities Accounts If a Collateral Account is a securities account, the Financial Institution agrees that:

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