Collateral Pledge and Security Agreement definition
Examples of Collateral Pledge and Security Agreement in a sentence
If, prior to the date of this Agreement, the Borrower and the Bank have entered into an Agreement for Advances and Security Agreement with Blanket Floating Lien (as amended) or an Advances, Specific Collateral Pledge and Security Agreement (each, a “Prior Agreement”), then this Agreement shall amend and restate the Prior Agreement in its entirety as the date hereof.
If the Bank requires the Member to substitute for this Agreement the Bank's "Advances, Specific Collateral Pledge and Security Agreement," the Member must execute that agreement and comply with the requirements of that agreement in all respects.
On each Reconstitution Date, the Owner and the Servicer hereby agree to execute a Collateral Pledge and Security Agreement in form and substance reasonably acceptable to both the Owner and the Servicer and such other agreements and UCC-1's as shall reasonably be required to perfect the Owner's security interest with respect to the servicing rights related to the Mortgage Loans being reconstituted.
This Agreement amends, restates, replaces and supersedes in their entirety any Agreement for Advances, Collateral Pledge and Security Agreement and any Short-Term Advance Master Application previously executed by the Member for the benefit of the Bank (collectively, the “Superseded Agreements”).
To the best of the Member’s knowledge, the Member is not in default under its Advances, Collateral Pledge and Security Agreement with the Bank, or any other agreements with the Bank.
By: --------------------------------- Name: Title: Trustee: FIRST UNION NATIONAL BANK, as Trustee By: --------------------------------- Name: Title: EXHIBIT A FIRST UNION NATIONAL BANK OFFICER'S CERTIFICATE Pursuant to Section 3(d) of the Collateral Pledge and Security Agreement (the "Pledge Agreement") dated as of November [__], 1997 between Teligent, Inc.
To the extent applicable, the Company shall cause Section 314(d) of the TIA relating to the release of property or securities from the Lien and security interest of the Collateral Pledge and Security Agreement and relating to the substitution therefor of any property or securities to be subjected to the Lien and security interest of the Collateral Pledge and Security Agreement to be complied with.
Borrowings under Agreement for Advances, Collateral Pledge, and Security Agreement, dated as of December 5, 2014, between Aetna Life Insurance Company and Federal Home Loan Bank of Boston.
The Initial Pledged Securities shall be pledged by the Company to the Collateral Agent for the benefit of the Trustee and the ratable benefit of the Holders and shall be held by the Collateral Agent in the Collateral Account pending disposition pursuant to the Collateral Pledge and Security Agreement.
The Trustee shall have no duty to ascertain or inquire as to the performance or observance of any of the terms of this Indenture or the Collateral Pledge and Security Agreement by the Company or the Collateral Agent.