Escrow Account Pledge Agreement definition

Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent in respect of a first priority pledge over the Escrow Account and all funds held on the Escrow Account from time to time, granted in favour of the Noteholders.

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).

Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent on or about the First Issue Date in respect of a first priority pledge over the Escrow Accounts and all funds held on the Escrow Accounts from time to time, granted in favour of the Agent and the Bondholders (represented by the Agent).

Examples of Escrow Account Pledge Agreement in a sentence

• Any proceeds received from an enforcement of the Escrow Account Pledge Agreement shall be distributed to the Bondholders only.

• The funds standing to the credit on the Escrow Account will be blocked and pledged by the Issuer in favour of the Noteholders under the Escrow Account Pledge Agreement.

• The Escrow Account will be blocked and pledged by the Issuer in favour of the Bondholders (represented by the Agent) under the Escrow Account Pledge Agreement.

• By its receipt of a Note, each Holder shall be deemed to authorize and direct the Trustee to enter into and perform its obligations under the Escrow Agreement and the Escrow Account Pledge Agreement.

• Pursuant to the Escrow Account Pledge Agreement, the Luxembourg Issuer will grant to the Trustee, for its benefit and the benefit of the holders of the Notes, a first priority security interest in the Escrow Account and all amounts on deposit therein to secure the Obligations under the Notes pending disbursement as described below.

More Definitions of Escrow Account Pledge Agreement

Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Trustee on or about the Issue Date in respect of a first priority pledge over the Escrow Account and all funds held on the Escrow Account from time to time, granted in favour of the Trustee and the Bondholders (represented by the Trustee).

Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent (acting on its own behalf and in its capacity as agent and security agent representing the Bondholders) before the Issue Date in respect of a first priority pledge over the Escrow Account and all funds held on the Escrow Account from time to time, granted in favour of the Agent and the Bondholders (represented by the Agent).

Escrow Account Pledge Agreement means the agreement for Security over the funds standing to the credit on the Escrow Account, entered into between the Issuer and the Agent.

Escrow Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent (acting on its own behalf and in its capacity as agent and security agent representing the Bondholders) 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 Bondholders (represented by the Agent).

Escrow Account Pledge Agreement means the pledge agreement created over the Escrow Account.

Escrow Account Pledge Agreement means the agreement for Transaction Security over the funds from time to time standing to the credit on the Escrow Account, entered into between the Issuer and the Bond Trustee on or prior to the Settlement Date.

Escrow Account Pledge Agreement means that certain escrow account pledge agreement, dated as of the date hereof, by and among the Luxembourg Issuer and the Trustee.