Account Pledge Agreement definition

Account Pledge Agreement means an agreement to be entered into between the Borrower and the Lender for the creation of a pledge over the Earnings Account in favour of the Lender, in form and substance satisfactory to the Lender as the same may from time to time be amended and/or supplemented;

Account Pledge Agreement means each account pledge agreement pursuant to which the Collateral Rig Operator grants a security interest to the Collateral Agent in the Earnings Account, in each case in substantially the form of Appendix M hereto with such changes to such form as are necessary or advisable to account for local law requirements.

Account Pledge Agreement means each account pledge agreement pursuant to which the Collateral Rig Operator grants a security interest to the Collateral Agent in the Earnings Account, in each case in substantially the form of Appendix M hereto.

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.

• Any proceeds received from an enforcement of the Escrow Account Pledge Agreement shall be distributed to the Bondholders only.

• 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.

• 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.

• The Servicer shall assist the Purchaser in maintaining or exercising any rights which the Purchaser may have pursuant to the relevant Account Pledge Agreement.

More Definitions of Account Pledge Agreement

Account Pledge Agreement means an agreement executed and delivered by a Guarantor, the Collateral Agent and an account bank (or acknowledged by such account bank), in form and substance acceptable to the Collateral Agent, whereby such Issuer or Guarantor establishes an Earnings Account, Specified Account or Collection Account, as applicable, and pledges it to the Collateral Agent.

Account Pledge Agreement as defined in subsection 3.9(a).

Account Pledge Agreement has the meaning ascribed to such term in the definition of “Collateral Rig Requirements”.

Account Pledge Agreement means the account pledge agreement dated on or about the day hereof between the Pledgor as pledgor and DB as pledgee regarding the pledge of a certain account held by the Pledgor.

Account Pledge Agreement means a pledge agreement to be entered into between the Issuer and the Agent (acting on its own behalf and in its capacity as agent and security agent representing the Holders) in respect of a first priority pledge over the Blocked Account and all funds held on the Blocked Account from time to time, granted in favour of the Agent and the Holders (represented by the Agent).

Account Pledge Agreement means each agreement in form and substance acceptable to the Agent granting security in favor of the Agent or the Purchaser over any German Account or German Collection Account.

Account Pledge Agreement means each of: