PLEDGE AMENDMENT (Tribeca)
Exhibit 10.14
(Tribeca)
This Pledge Amendment, dated as of December 19, 2008, is delivered pursuant to
Section 4.4(a) (Pledged Collateral) of the Security Agreement, dated as of December 28, 2007 (as
amended, supplemented, restated or otherwise modified from time to time, the “Security Agreement”)
by Tribeca Lending Corp. (the “Borrower”) and each of the entities listed on the signature
pages thereof in favor of The Huntington National Bank (the “Lender”). The undersigned hereby agree
that this Pledge Amendment may be attached to the Security Agreement and that the Pledged
Collateral listed on this Pledge Amendment shall be and become part of the Collateral referred to
in the Security Agreement and shall secure all Secured Obligations of the undersigned. Capitalized
terms used herein but not defined herein are used herein with the meanings given them in the
Security Agreement.
PLEDGED TRUST CERTIFICATES:
Certificate | ||||||
Registered Holder | Issuer | No(s). | Date | |||
The Huntington National
Bank
|
Tribeca Lending Trust Series I | 1 | December 16, 2008 |
(Signature Pages Follow)
TRIBECA LENDING CORP., as Borrower |
||||
By: | /s/ Xxxxxxxxx Xxxxxx Jardin | |||
Name: | Xxxxxxxxx Xxxxxx Jardin | |||
Title: | Chief Executive Officer | |||
The undersigned hereby agrees that it will not exercise any of its rights and remedies as set forth
under the Security Agreement in respect to the Pledged Trust Certificate until the occurrence and
during the continuance of an Event of Default.
Accepted and Agreed
as of the date first above written:
The Huntington National Bank
as of the date first above written:
The Huntington National Bank
By: | /s/ Xxxx X. Xxxxx | |||
Name: | Xxxx X. Xxxxx | |||
Title: | Senior Vice President | |||