Examples of Account Pledge Agreement in a sentence
This Account Pledge Agreement has been entered into on the date stated at the beginning by as Pledgor By: /s/ Xxxxx Xxxxx Name: Xxxxx Xxxxx Title: Authorised Signatory as Collateral Agent and Pledgee By: /s/ Xxxx Xxxxxxxxx Name: Xxxx Xxxxxxxxx Title: Vice President SIG Euro Holding AG & Co. KGaA Closure Systems International Holdings Inc.
In addition, the Specially Dedicated Account is pledged under the terms of the German Account Pledge Agreement, in order to secure all claims arising under or in connection with the Master Receivables Transfer Agreement and the Servicing Agreement against an attachment by third party creditors under German law.
Any proceeds received from an enforcement of the Escrow Account Pledge Agreement shall be distributed to the Bondholders only.
The funds standing to the credit on the Escrow Account will be blocked and pledged by the Issuer in favour of the Noteholders under the Escrow Account Pledge Agreement.
Amounts deposited into the Facility Lessee Construction Account established by the Collateral Account Pledge Agreement shall be deemed fully made to Facility Lessee on the date of such deposit; and such amounts shall be disbursed by Collateral Agent directly to Proton System Supplier as directed in the Draw Package.