Collateral Account Pledge definition

Collateral Account Pledge means a pledge by the Guarantor substantially in the form of Exhibit D hereto (or such other form reasonably acceptable to the Administrative Agent) pursuant to which the Guarantor pledges and grants to the Agent, for the benefit of the Secured Parties (subject to Permitted Liens), a first priority security interest and Lien in and on its Collateral Account.
Collateral Account Pledge means a pledge/or and assignment or charge of a Collateral Account in substantially the form of Exhibit H attached hereto, as may be amended, restated, supplemented or otherwise modified from time to time.
Collateral Account Pledge means each Borrower Collateral Account Pledge and each Pledgor Collateral Account Pledge, as applicable. “Collateral Account Pledges” means, where the context requires, all such collateral account pledges, collectively.

Examples of Collateral Account Pledge in a sentence

  • Upon the occurrence of a Cash Control Event, the Administrative Agent is authorized to take exclusive control of each Collateral Account in accordance with the terms of the applicable Collateral Account Pledge or Account Control Agreement (if applicable).


More Definitions of Collateral Account Pledge

Collateral Account Pledge means a collateral account pledge, as amended, modified, supplemented or restated from time to time, substantially in the form attached hereto as Exhibit D, pursuant to which the Initial Borrower pledges and assigns by way of security to the Administrative Agent, for the benefit of the Secured Parties, a security interest and Lien in and on its right, title and interest in and to all amounts held in or credited to the account into which the applicable Investors are required to deposit Contributions, as more fully described in Section 5.2 hereof in order to secure the Initial Borrower’s Obligations.
Collateral Account Pledge means the second priority pledge required to be executed hereunder by the Technical Manager over the Collateral Account in such form as the Bank may agree or require;
Collateral Account Pledge means each Pledge of Collateral Account in substantially the form of Exhibit I -1 or Exhibit I -2.
Collateral Account Pledge means each pledge of a Collateral Account, substantially in the form of Exhibit D, made by a Borrower in favor of the Administrative Agent, pursuant to which such Borrower has granted to the Administrative Agent for the benefit of the Secured Parties, a first priority, exclusive Lien in and to a Collateral Account, as the same may be amended, amended and restated, supplemented or otherwise modified from time to time .

Related to Collateral 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;

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

  • Reserve Account Property shall have the meaning specified in Section 4.7(a) of the Sale and Servicing Agreement.

  • 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.

  • Cash Collateral Account means a blocked account at a commercial bank specified by the Administrative Agent in the name of the Administrative Agent and under the sole dominion and control of the Administrative Agent, and otherwise established in a manner reasonably satisfactory to the Administrative Agent.