Beneficial Interest Pledge Agreement definition

Beneficial Interest Pledge Agreement means a Beneficial Interest Pledge Agreement, to be entered into among Borrower, Owner Trustee, and Agent, whereby Borrower pledges to Agent, as security for certain obligations under this Agreement, all of the beneficial interest of Borrower, as beneficial owner under a particular Trust Agreement.
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Beneficial Interest Pledge Agreement means a Beneficial Interest Pledge and Security Agreement substantially in form and substance attached hereto as Exhibit A.
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Beneficial Interest Pledge Agreement shall have the meaning given to such term in Section 2.25.
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Examples of Beneficial Interest Pledge Agreement in a sentence

  • The security interests created pursuant to the Beneficial Interest Pledge Agreement have been validly created, and no action (other than the filings and actions referred to in Section 8.1(l)(ii) and the related continuation statements) is required to be taken by any person in order for the full benefit of the security interests created thereby to vest in the Lender or in order to ensure the first priority perfected security interests of the Lender in such Collateral will be maintained.

  • The Guarantor, in its individual capacity, agrees to perform its obligations under the Trust Agreement and further agrees not to amend, supplement, modify or terminate the Trust Agreement, or revoke the Trust, without the Security Agent’s prior written consent except as permitted by Section 5(d) of the Beneficial Interest Pledge Agreement.

  • The Owner Participant will not assign, novate or otherwise transfer any of its rights or obligations, in whole or in part, under the Trust Agreement (other than pursuant to the Beneficial Interest Pledge Agreement), without the prior written consent of the Participants.

  • In respect of each Loan, as security for the punctual payment in full of the related Note (including all payments of principal, and interest and other costs contemplated hereby) the Borrower shall execute, or shall cause the Owner Trustee to execute, and deliver to the Lender the relevant Owner Trustee Mortgage and Beneficial Interest Pledge Agreement and such other documents as may be necessary to constitute and evidence and perfect a security interest in the Collateral.

  • The Owner Participant is the legal and beneficial owner of all Ownership Interests (as defined in the Beneficial Interest Pledge Agreement) issued by the Owner.

  • The Guarantor, in its individual capacity, agrees to perform its obligations under the Trust Agreement and further agrees not to amend, supplement, modify or terminate the Trust Agreement, or revoke the Trust, without the Agent's prior written consent except as permitted by Section 5(d) of the Beneficial Interest Pledge Agreement.

  • Borrowers shall only use the proceeds of Term Loan C to acquire the beneficial interest in the trust described in the Beneficial Interest Pledge Agreement attached hereto as Exhibit B.

  • Borrowers shall only use the proceeds of Term Loan D to acquire the beneficial interest in the trust described in the Beneficial Interest Pledge Agreement attached hereto as Exhibit B.


More Definitions of Beneficial Interest Pledge Agreement

Beneficial Interest Pledge Agreement means the Beneficial Interest Pledge Agreement dated as of the Effective Date between the Owner Participant and the Issuer with respect to the Pledged Beneficial Interest in the Owner, as may from time to time be supplemented, modified or amended in accordance with the applicable provisions thereof.
Sample 1
Beneficial Interest Pledge Agreement means the Beneficial Interest Pledge Agreement substantially in the form of Exhibit N (as such agreement is amended, supplemented or otherwise modified from time to time in accordance with the terms thereof).
Sample 1

Related to Beneficial Interest Pledge Agreement

  • 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.

  • 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.

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

  • 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.

  • 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.

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

  • 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.

  • Global Intercompany Note means the global intercompany note substantially in the form of Exhibit F pursuant to which intercompany obligations and advances owed by any Loan Party are subordinated to the Obligations.

  • 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).

  • 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.

  • 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.

  • 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.

  • Beneficial Interest means the opportunity, directly or indirectly, through any contract, arrangement, understanding, relationship or otherwise, to profit, or share in any profit derived from, a transaction in the subject Securities. A Covered Person is deemed to have a Beneficial Interest in Securities owned by members of his or her Immediate Family. Common examples of Beneficial Interest include joint accounts, spousal accounts, UTMA accounts, partnerships, trusts and controlling interests in corporations. Any uncertainty as to whether a Covered Person has a Beneficial Interest in a Security should be brought to the attention of the Compliance Officer. Such questions will be resolved in accordance with, and this definition shall be subject to, the definition of “beneficial owner” found in Rules 16a-1(a)(2) and (5) promulgated under the Securities Exchange Act of 1934.

  • 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.

  • Interest Hedge Agreement means a Hedge Contract between the Borrower and one or more financial institutions providing for the exchange of nominal interest obligations between the Borrower and such financial institution or the cap of the interest rate on any Debt of the Borrower.

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

  • Intercompany Note any promissory note evidencing loans made by any Grantor to Holdings or any of its Subsidiaries.

  • 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).

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

  • Special Note State agencies may make purchases under this Requirements Contract up to $2500.00 using the state of Ohio payment card. Any purchase that exceeds $2500.00 will be made using the official state of Ohio purc hase order (ADM- 0523). Any non-state agency, institution of higher education or Cooperative Purchasing member will use forms applicable to their respective agency. This Requirements Contract and any Amendments thereto are available from the DAS Web site at the following address: xxxx://xxx.xxxx.xxx/procure Signed: Xxxxxx Xxxxx, Director Date *Reflects mutual renewal of contract, effective with amendment No. 2. Index No. MAC013 Rev. 04/01/16 Page 11 CONTRACTOR INDEX CONTRACTOR AND TERMS: BID CONTRACT NO.: OT905812-1* 0000090134 DELIVERY: As Specified Take-A-Ticket, Inc. 130 N. E. Xxxxxxxxxx Street TERMS: Net 30 Days Albany, OR 97321 CONTRACTOR'S CONTACT: Xxxx Xxxxxx Xxxx Free: (000) 000-0000 Telephone: (000) 000-0000 FAX: (000) 000-0000 Email: xxxx@xxxxxx.xxx CONTRACTOR AND TERMS: BID CONTRACT NO.: OT905812-2 * 0000009073 DELIVERY: 30 Days A.R.O. Xxxxxxx Systems, Inc. 0000 Xxxx Xxxx TERMS: Net 30 Days Adair, IA 50002 CONTRACTOR'S CONTACT: Xxxxxx Xxxxx Xxxx Free: (000) 000-0000 Telephone: (000) 000-0000 FAX: (000) 000-0000 E-mail: xxxxxx.xxxxx@xxxxxx.xxx *Reflects removal of expiration date with amendment 2. Index No.: MAC013 Eff. Date: 04/01/2016 Page 12 SUMMARY OF AMENDMENTS Amendment Number Effective Date Description

  • 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.

  • Certificated Note means a Note in registered individual form without interest coupons.

  • Restricted Certificated Note means a Certificated Note bearing the Private Placement Legend.