Bank Account Pledge definition

Bank Account Pledge means the Norwegian law governed pledge over the Borrower’s operating account granted or to be granted by the Borrower to the Security Agent.
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Bank Account Pledge means the instrument pursuant to which the Borrower grants to
Sample 1
Bank Account Pledge means the instrument pursuant to which the Borrower grants to EBRD a first ranking security interest in the Pledged Acounts, together with the notices and acknowledgements and consents in the forms attached thereto, which instrument shall be in form and substance satisfactory to EBRD. "BKK-BKÜ
Sample 1

Examples of Bank Account Pledge in a sentence

  • If a Default should occur or upon demand of Pledgee, Pledgor will, upon receipt of all checks, drafts, cash and other remittances in payment on Pledged Rights, deposit the same in a special bank account maintained with Plegee, pursuant to the Accounts Receivable and Bank Account Pledge Agreement dated of even date herewith.

  • The Loans shall be secured by the Disbursement Account pursuant to the Bank Account Pledge Agreement and the Pledged Account Control Agreement.

  • These observations suggest further cytogenetic and molecular biology studies.

  • In this work, we provide an eval- uation metric that uses the degree of overlap be- tween two whole-sentence semantic structures as the partial credit.In this paper, we observe that the difficulty of computing the degree of overlap between two whole-sentence semantic feature structures comes from determining an optimal variable alignment between them, and further prove that finding such alignment is NP-complete.

  • Spanish Bank Account Pledge [***] [***] Certain information has been omitted and filed separately with the Commission.

  • Bank Account Pledge Agreement Under the Agreement, the Pledgor has waived any secrecy rights in relation to the Pledged Assets for the benefit of the Collateral Agent.

  • Bank Account Pledge A first-degree fixed pledge over the Bank Account and over the SPV’s Bank Accounts in the standard form provided by the Bank.

  • The B Loans shall be secured by the Disbursement Account pursuant to the Bank Account Pledge and Control Agreement.

  • The efficiency of molecular sieves has been demonstrated in the milling of a water-ignitable pyrotechnic composition of B/AgF2 [108].

  • An additional amount of TL 7.608 arising from collections through automated teller machine (“ATM”) is not available for use at 31 March 2013 (31 March 2012- TL 5.508).Within the context of the Bank Account Pledge Agreement signed by Avea and its lenders, Avea provided an account pledge over all of its bank accounts amounting to TL 410.587 at 31 March 2013 ; (2012- TL 508.781) in favour of Security Trustee.


More Definitions of Bank Account Pledge

Bank Account Pledge the bank account pledge governed by Dutch law dated as of the Dutch Closing Date by and among the Dutch Borrowers and Agent. Dutch Bank Product: any of the following products or services extended to a Dutch Borrower or Affiliate of a Dutch Borrower (other than U.S. Borrowers) by a Lender or any of its Affiliates: (a) Cash Management Services; (b) products under Hedging Agreements; (c) commercial credit card and merchant card services; and (d) leases, supply chain financing and other banking products or services, other than Dutch Letters of Credit. 13 117877022_2
Sample 1
Bank Account Pledge means the Pledgors’ pledge of their Bank Accounts and Bank Account Claims granted in favour of the Pledgee.
Sample 1

Related to Bank Account Pledge

  • Account Pledge means, in relation to each Account, a pledge agreement creating security in respect of that Account in the Agreed Form and, in the plural, means all of them;

  • Earnings Account Pledge means, in respect of each Earnings Account, a first priority charge required to be executed hereunder between the relevant Borrower and the Security Trustee in respect of its Earnings Account in such form as the Agent and the Majority Lenders may require in their sole discretion, and in the plural means both of them;

  • Proceeds Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent on or prior to the First Issue Date in respect of a first priority pledge over the Proceeds Account and all funds held on the Proceeds Account from time to time, granted in favour of the Agent and the Bondholders (represented by the Agent).

  • Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent in respect of a first priority pledge over the Escrow Account and all funds held on the Escrow Account from time to time, granted in favour of the Noteholders.

  • Bank Accounts means those account(s) opened and maintained for the Trust by the Trustee at Banks, the beneficial ownerships in which shall vest in the Unit Holder(s).

  • Earnings Accounts means the bank accounts of each of the Obligors from time to time each of which shall be held with the Agent or any of the Agent’s corresponding banks and to which all the Earnings and any proceeds of the Insurances shall be paid.

  • Bank Account means one or more accounts opened, maintained and operated by the Portfolio Manager with any of the Scheduled Commercial Banks in accordance with the agreement entered into with the Client.

  • Earnings Account means, in relation to a Ship, an account in the name of the Owner owning that Ship with the Agent in Hamburg designated “[name of relevant Owner]—Earnings Account” or any other account (with that or another office of the Agent) which replaces such account and is designated by the Agent as that Earnings Account for the purposes of this Agreement and, in the plural, means all of them;

  • Collateral Account Bank a bank which at all times is a Collateral Agent or a Lender or an affiliate thereof as selected by the relevant Grantor and consented to in writing by the Collateral Agent (such consent not to be unreasonably withheld or delayed).

  • Deposit Account Bank means a financial institution selected or approved by the Administrative Agent.

  • Blocked Account Bank means each bank with whom deposit accounts are maintained in which any funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Client Bank Account means an account held in the name of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor; and/or an account held in the name of the Company on behalf of the Client with a Bank and/or other institution and/or any electronic payment provider and/or a credit card processor.

  • Authorized Bank Account means any Officially Designated bank account to which redemption proceeds may be sent.

  • Depository Accounts shall have the meaning set forth in Section 4.15(h) hereof.

  • Blocked Account Control Agreement means the Cash Management Agreement among Borrower, Cash Management Account Bank and Lender providing for the exclusive control of the Cash Management Account and all other Subaccounts by Lender, substantially in the form of Exhibit A or such other form as may be reasonably acceptable to Lender, as the same may be amended, restated, replaced, supplemented or otherwise modified from time to time.

  • Securities Account Control Agreement shall have the meaning ascribed thereto in the Sale and Servicing Agreement.

  • Designated Account Bank has the meaning specified therefor in Schedule D-1 to the Agreement (or such other bank that is located within the United States that has been designated as such, in writing, by Borrowers to Agent).

  • Deposit Account Control Agreements means, with respect to each deposit account that is required by the Collateral Agreement to be subject to a control agreement, a deposit account control agreement executed by the Borrower, the Administrative Agent as the secured party thereto, and the deposit bank, as each may be amended, restated, supplemented or otherwise modified from time to time.

  • Blocked Account Banks means the banks with whom deposit accounts are maintained in which material amounts (as reasonably determined by the Administrative Agent) of funds of any of the Loan Parties from one or more DDAs are concentrated and with whom a Blocked Account Agreement has been, or is required to be, executed in accordance with the terms hereof.

  • Controlled Account Bank has the meaning specified therefor in Section 7(k).

  • Blocked Accounts shall have the meaning set forth in Section 6.3 hereof.

  • Designated Account Property The Designated Accounts, all cash, investments, Financial Assets, securities and investment property held from time to time in any Designated Account (whether in the form of deposit accounts, Physical Property, book-entry securities, Uncertificated Securities or otherwise), including the Reserve Account Deposit, and all proceeds of the foregoing but excluding all Investment Earnings thereon.

  • Deposit Account Control Agreement means each deposit account control agreement among a Borrower, the Administrative Agent and the Account Bank, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time.

  • Seller’s Bank Account shall have the meaning set forth in Section 3.2(b).

  • Blocked Account Agreements has the meaning set forth in Section 2.22(c).

  • Account Control Agreement(s) means any agreement entered into by and among the Agent, Borrower and a third party bank or other institution (including a Securities Intermediary) in which Borrower maintains a Deposit Account or an account holding Investment Property and which perfects Agent’s first priority security interest in the subject account or accounts.