Bank Account Pledge Agreement definition

Bank Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Trustee on or about the First Issue Date in respect of a first priority pledge over the Bank Account and all funds held on the Bank Account from time to time, granted in favour of the Trustee and the Bondholders (represented by the Trustee).
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Bank Account Pledge Agreement means that certain Bank Account Pledge Agreement between Lenders and Borrower dated of even date herewith.
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Bank Account Pledge Agreement means (a) each Pledge over Bank Accounts Agreement, dated on or about the date hereof, by and between each Belgian Loan Party and Agent with respect to the bank account(s) of such Belgian Loan Party in Belgium, (b) each Luxembourg account pledge agreement, dated on or about the date hereof, by and between each Luxembourg Loan Party and Agent with respect to the bank account(s) of such Luxembourg Loan Party in Luxembourg, and (c) any pledge agreement or other Security Document with respect to a Deposit Account or Securities Account in each case that purports to pledge or grant a security interest or other Lien on any Deposit Account or Securities Account of a Loan Party to secure any of the Obligations.
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Examples of Bank Account Pledge Agreement in a sentence

  • Any funds distributed by the Trustee to the Bondholders in accordance with the Bank Account Pledge Agreement shall be deemed to be paid by the Issuer towards the redemption of such Bondholder’s Bonds under this paragraph (c).

  • 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.

  • An additional amount of TL 5.227 arising from collections through automated teller machine (“ATM”) is not available for use at 31 December 2010 (2009 - TL 3.469; 2008 - TL 3.722).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 609.236 TL at 31 December 2010 ; 2009 - TL 337.947; 2008 – TL 550.480) in favour of Security Trustee.

  • The Remedies of the Security Trustee following an Acceleration Event are provided for in Clause 7 of the Bank Account Pledge Agreement.

  • The Issuer Bank Account shall be pledged (first ranking) to the Bondholders pursuant to the Bank Account Pledge Agreement.

  • Prior to the Settlement, the Company and R&D NewCo will enter into a services agreement (the Services Agreement and, together with the Revenue Sharing Agreement, the License Agree- ment, the Collaboration Agreement, the Shareholders Agreement, the Credit Facility Agreement, the Convertible Loan Agreement and the Bank Account Pledge Agreement, the Ancillary Agreements).

  • Similarly, increases in correlations of the British pound are responsible for the break in February 2002, although in addition we observe a considerable reduction in the correlation between the Norwegian krone and the Swedish krona around the same time.

  • Heartland holds a first lien in and on the Heartland Account pursuant to a Bank Account Pledge Agreement dated as of July 2, 2020.

  • In connection with the Con- vertible Loan Agreement and prior to the Settlement, a Subsidiary of J&J and R&D NewCo will enter into a bank account pledge agreement (the Bank Account Pledge Agreement).

  • In my review, I considered the following submissions (collectively, “the Loan Documents”): • Loan Agreement, marked “4824-0988-8506.7”;• Promissory Note, marked “4824-0400-4858.3”;• Security Agreement, marked “4828-2754-7386.5”;• Bank Account Pledge Agreement, marked “4834-3340-1854.3”; and• Assignment Agreement, marked “4814-3634-9434.4”.


More Definitions of Bank Account Pledge Agreement

Bank Account Pledge Agreement means the bank account pledge agreement entered into by and between the Issuer and the Agent on or prior to the First Issue Date (as amended or restated from time to time) for the purposes of creating Security for the Secured Obligations over the Blocked Bank Account.
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Bank Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Trustee on or about the First Issue Date in respect of a first priority pledge over the Bank Account and all funds held on the Bank Account from2 time to time, granted in favour of the Trustee and the Bondholders (represented by the Trustee).
Sample 1
Bank Account Pledge Agreement means the bank account pledge agreement entered into by the Issuer and Subscriber as of the date hereof; Bonds means the Straight Bonds and the Convertible Bonds to be issued by the Issuer under the Bonds Issue;
Sample 1

Related to Bank Account Pledge Agreement

  • 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 before the Issue Date in respect of a first priority pledge over the Escrow Account and all funds standing to the credit of the Escrow Account from time to time, granted in favour of the Agent and the Holders (represented by the Agent).

  • Parent Pledge Agreement means that certain Pledge Agreement, dated of the date hereof, made by Parent in favor of Agent.

  • U.S. Pledge Agreement means a Pledge Agreement substantially in the form of Exhibit B-1 between the Borrower, the Subsidiary Guarantors and the Administrative Agent.

  • Holdings Pledge Agreement means the Holdings Pledge Agreement, dated as of the Closing Date, among Holdings and the Collateral Agent.

  • Stock Pledge Agreement means a stock pledge agreement, in form and substance satisfactory to each Lender, executed and delivered by Holdings to Agent for the benefit of the Lender Group with respect to the pledge of the capital Stock of NPI.

  • Stock Pledge Agreements means those certain stock pledge agreements, in form and substance reasonably satisfactory to Lender, executed and delivered by Borrower to Lender, as the same may be amended or modified from time to time in accordance with its terms.

  • Pledge Agreements means one or more pledge agreements, each in form and substance satisfactory to the Administrative Agent, executed and delivered by the Company and/or certain of its Subsidiaries pursuant to or in connection with transactions contemplated by this Agreement, as the same may be amended, supplemented or otherwise modified from time to time.

  • Borrower Pledge Agreement means the Pledge Agreement executed and delivered by the Borrower pursuant to Section 5.1.5, substantially in the form of Exhibit F-1 hereto, as amended, supplemented, restated or otherwise modified from time to time.

  • Company Pledge Agreement means the Company Pledge Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit XIII annexed hereto, as such Company Pledge Agreement may thereafter be amended, supplemented or otherwise modified from time to time.

  • Foreign Pledge Agreement means a pledge agreement securing the Obligations or any of them that is governed by the law of a jurisdiction other than the United States and reasonably satisfactory in form and substance to the Collateral Agent.

  • Security and Pledge Agreement shall have the meaning set forth in Section 4.01(c).

  • Equity Pledge Agreement means the Equity Pledge Agreement entered into by and among the Parties hereto on June 12, 2017, pursuant to which Party C will pledge all equity interests held by it in Party B (i.e. Party B’s Equity Interests) to Party A as the pledged collateral for the contractual obligations and secured debts under the VIE Agreements.

  • 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;

  • Canadian Pledge Agreement means a pledge agreement, in form and substance reasonably satisfactory to the Administrative Agent, executed by the Borrower and each Guarantor that is a Canadian Subsidiary, pursuant to which each such Person pledges to the Collateral Agent all of its right, title and interest in and to all Stock of each Subsidiary in which it has an interest, as the same may be amended, restated, supplemented or otherwise modified from time to time.

  • Pledge Agreement means the Pledge Agreement dated as of the Closing Date between Borrower and Agent, as the same may from time to time be amended, restated, modified or otherwise supplemented.

  • Share Pledge Agreement has the meaning given such term in the definition of Collateral and Guaranty Requirements.

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Negative Pledge Agreement means the Negative Pledge Agreement, in the form of Exhibit A hereto, by and between the Borrower and the Administrative Agent for the benefit of the Lenders, as amended, supplemented, modified, extended or restated from time to time, pursuant to which the Borrower shall agree not to pledge or xxxxx x xxxx on the stock of any Bank Subsidiary to any Person.

  • Pledge and Security Agreement means the Pledge and Security Agreement executed and delivered by the Borrower and each Guarantor on the Closing Date in form and substance acceptable to the Initial Lender and the Collateral Agent, as it may be amended, supplemented, restated or otherwise modified from time to time. For the avoidance of doubt, the terms of the “Pledge and Security Agreement” shall include the terms of all Applicable Annexes (as defined in the Pledge and Security Agreement).

  • Intercompany Loan Agreement has the meaning set forth in the Purchase and Sale Agreement.

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

  • Pledge Agreement Supplement means the Pledge Agreement Supplement in the form affixed as an exhibit to the Pledge Agreement.

  • Guarantor Security Agreement means any Security Agreement executed by any Guarantor in favor of Agent securing the Guaranty of such Guarantor.