Blocker Collateral Account Pledge definition

Blocker Collateral Account Pledge means, with respect to a Fund Group, each pledge of a Blocker Collateral Account, substantially in the form of Exhibit D-3, made by the related Blocker in favor of the applicable Borrower, pursuant to which (a) such Blocker has granted to such Borrower a first priority, exclusive security interest and lien (subject to Permitted Liens) in and to the applicable Blocker Collateral Account and (b) such Borrower appoints the Secured Party’s Agent as its agent solely for purpose of such instrument and for the related Blocker Control Agreement, as the same may be amended, restated, amended and restated, supplemented or modified from time to time.
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Related to Blocker Collateral Account Pledge

  • Collateral Accounts means any and all accounts established and maintained by the Pledgee in the name of any Pledgor to which Collateral may be credited.

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.

  • Collateral Account is any Deposit Account, Securities Account, or Commodity Account.

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