PLEDGE AGREEMENTPledge Agreement • March 6th, 2007 • Allied World Assurance Co Holdings LTD • Fire, marine & casualty insurance • New York
PLEDGE AGREEMENT, dated as of February 28, 2007, (this “Agreement”) made among Allied World Assurance Company, Ltd, a company organized and existing under the laws of Bermuda (the “Pledgor”), and Citibank Europe plc (the “Pledgee”).
Insurance Letters of Credit — Master AgreementAllied World Assurance Co Holdings LTD • March 6th, 2007 • Fire, marine & casualty insurance • Dublin
In connection with this Agreement, we have also separately agreed with CEP the contractual or security arrangements that will apply in respect of our obligations under or pursuant to this Agreement.
ACCOUNT CONTROL AGREEMENTAccount Control Agreement • March 6th, 2007 • Allied World Assurance Co Holdings LTD • Fire, marine & casualty insurance • New York
Pledgor has granted Secured Party a security interest in the financial assets in the securities account identified above (the “Account”), maintained by Bank for Pledgor, (including any security entitlement) and in the Account. The parties are entering into this Agreement to provide for the control of the Account as a means to perfect the security interest of Secured Party. Bank has no responsibility to Secured Party in respect to the validity or perfection of such security interest otherwise than to act in accordance with the terms and conditions of this Agreement.
