Pledge and Assignment of Bank and Deposit Accounts Sample Contracts

Pledge And Assignment Of Bank And Deposit Accounts
Pledge and Assignment of Bank and Deposit Accounts • February 20th, 2024 • CNL Strategic Capital, LLC • Investment advice • Florida

THIS PLEDGE AND ASSIGNMENT OF BANK AND DEPOSIT ACCOUNTS (this “Agreement”) is made and entered into this 15 day of February, 2024 by CNL STRATEGIC CAPITAL, LLC, a limited liability company organized under the laws of the State of Delaware, with its principal place of business at 450 S. Orange Avenue, Orlando, FL 32801 (“Pledgor”), with and in favor of VALLEY NATIONAL BANK (successor by merger to BANK LEUMI USA) (the “Bank”). The term “Bank” as used throughout this instrument shall be deemed to include VALLEY NATIONAL BANK, all its subsidiaries, and all its agencies, branches and departments wherever located.

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