Earnings Account Pledge means, in respect of each Earnings Account, the pledge required to be executed hereunder by the relevant Borrower over its Earnings Account in such form as the Bank may agree or require, and in the plural means all of them;
Earnings Account Pledge means a deed of pledge of the Earnings Account, in such form as the Lender may approve or require in the Agreed Form;
Earnings Account Pledge means, in respect of each Earnings Account, a first priority charge required to be executed hereunder between the relevant Borrower and the Security Trustee in respect of its Earnings Account in such form as the Agent and the Majority Lenders may require in their sole discretion, and in the plural means all of them;
Examples of Earnings Account Pledge in a sentence
The Earnings Account and the Retention Account and all amounts from time to time respectively standing to the credit thereof shall be subject to the security constituted and the 44 rights conferred by, respectively, the Earnings Account Pledge and the Retention Account Pledge.
More Definitions of Earnings Account Pledge
Earnings Account Pledge means a first priority charge required to be executed hereunder between the Shareholder and the Lenders in respect of the Earnings Account in such form as the Agent and the Majority Lenders may require in their sole discretion;
Earnings Account Pledge means, respect of each Earnings Account, a deed creating security in the Agreed Form;
Earnings Account Pledge means a first priority charge required to be executed hereunder between the Technical Manager and the Security Trustee in respect of the Earnings Account in such form as the Agent and the Majority Lenders may require in their sole discretion;
Earnings Account Pledge means the pledge required to be executed hereunder by the Technical Manager over the Earnings Account in such form as the Bank may agree or require;
Earnings Account Pledge means, in respect of each Earnings Account, the pledge required to be executed hereunder by the relevant Borrower over its Earnings Account in such form as the Bank may agree or require in its sole discretion, and in the plural means all of them;
Earnings Account Pledge means the pledge of Earnings Account executed by the Borrower in favor of the Security Trustee pursuant to Section 4.1(y) substantially in the form set out in Exhibit J;