Agreement to Pledge definition

Agreement to Pledge as defined in the Pledge and Security Agreement.

Agreement to Pledge means each agreement by the Borrower set forth in a Borrowing Request for Wet Loans, to deliver Required Mortgage Documents to the Administrative Agent.

Agreement to Pledge an agreement to pledge substantially in the form of Attachment 1 hereto.

Examples of Agreement to Pledge in a sentence

• The Collateral Agent, upon receipt of a Collateral Transmittal describing the AP Mortgages to be covered by an AP Notice and an Agreement to Pledge as of that date, shall (subject to the eligibility requirements set forth in the Credit Agreement) include such AP Mortgages as Eligible Collateral in the Collateral Value Determination (as defined Paragraph 6(a) below).

• Such delivery shall be made prior to inclusion of such Mortgage Loans in Collateral, other than for AP Mortgages identified in the Collateral Transmittal and covered by an Agreement to Pledge.

• By delivering an Agreement to Pledge, the Company represents and warrants that each AP Mortgage identified therein constitutes an Eligible Mortgage Loan.

• Furthermore, each Agreement to Pledge shall create a security interest in favor of the Collateral Agent for the benefit of the Secured Parties in the AP Mortgages identified therein.

• Upon delivery to Agent of each Borrowing Request, Agent shall have valid, enforceable, perfected, first priority Liens and security interests in each Mortgage Note identified therein, except to the extent that the requirements for perfection have not been completed with respect to Eligible Mortgage Loans for which Agent has received an Agreement to Pledge.

More Definitions of Agreement to Pledge

Agreement to Pledge means a written pledge substantially in the form of Exhibit "E" to this Agreement executed by the Borrower and delivered by facsimile to the Collateral Agent, specifically identifying all Qualifying Loans with respect to which the Required Qualifying Loan Documents are not being delivered on or before the Pledge Date of such Qualifying Loan.

Agreement to Pledge means tangible negotiable document of title in the possession of the Borrower, copies of which are included in the Borrowing Notice attached hereto as Exhibit A, and the Borrower has agreed to deliver originals of such document of title with all necessary endorsements within one (1) Business Day of any Loan advance in reliance upon such document of title.

Agreement to Pledge means tangible negotiable warehouse receipts in the possession of the Borrower, copies of which are included in the Borrowing Notice attached hereto as Exhibit A, and the Borrower has agreed to deliver originals of such warehouse receipts with all necessary endorsements within one (1) Business Day of any Loan advance in reliance upon such warehouse receipts.

Agreement to Pledge means each agreement by Borrower set forth in a Borrowing Request for Wet Mortgage Loans, to deliver Required Mortgage Documents to Agent.

Agreement to Pledge. An agreement substantially in the form of Exhibit A hereto.

Agreement to Pledge means an agreement, written or oral, express or implied, whereby the parent or guardian of a Child, in return for any payment or benefit received or to be received by him, undertakes to cause or allow the services of the Child to be utilized in any employment:

Agreement to Pledge means each agreement by Borrower set forth in a Borrowing Request for Wet Mortgage Loans, to deliver Required Mortgage Documents to Lender.