Feeder Fund Collateral Account Pledge means, with respect to such Fund Group, the pledge of a Feeder Fund Collateral Account, substantially in the form of Exhibit D-2, made by the applicable Feeder Fund in favor of the related Borrower or Blocker, as applicable, pursuant to which (a) such Feeder Fund has granted to such Borrower or Blocker, as applicable, a first priority, exclusive security interest and lien (subject to Permitted Liens) in and to its Feeder Fund Collateral Account and (b) such Borrower or Blocker, as applicable, has authorized the Administrative Agent (acting as agent for the Initial Borrower or Blocker, as applicable (and not in its own or any other capacity)) to act on its behalf for purpose of such instrument and for such Feeder Fund Control Agreement, as the same may be amended, restated, amended and restated, supplemented or modified from time to time.
Feeder Fund Collateral Account Pledge means a pledge of a Feeder Fund Collateral Account, substantially in the form of Exhibit D-2.