SUBORDINATE PLEDGE AGREEMENTSubordinate Pledge Agreement • February 8th, 2012
THIS SUBORDINATE PLEDGE AGREEMENT (this “Subordinate Pledge Agreement”), is made as of 1, 20 , by the CITY AND COUNTY OF SAN FRANCISCO, a charter city and county (the “City”), for and on behalf of the [Name of IFD] (the “Pledging IFD”), for the benefit of the UNITED STATES OF AMERICA, acting by and through the Department of the Navy (the “Navy”);
