Lien of this Pledge Agreement definition

Lien of this Pledge Agreement or “Lien hereof” means the Lien created by these presents.
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Lien of this Pledge Agreement or "Lien hereof" means the Lien created by these presents. "Obligations" means the due and punctual performance of the obligations of the Borrower to make payment under Sections 4.1, 9.4 and 10.3 of the Bond Guarantee Agreement and, without duplication, under the Reimbursement Note. "Officers' Certificate" means a certificate signed by either the Governor or the Chief Financial Officer of the Borrower, and by any Vice President of the Borrower, and delivered to RUS and/or the Collateral Agent, as applicable. "Permitted Investment" has the meaning given to that term in Section 4.01. "Person" means any individual, corporation, partnership, joint venture, association, joint-stock company, trust, unincorporated organization or government or any agency or political subdivision thereof. "Pledge Agreement" means this Pledge Agreement, as originally executed and as it may from time to time be supplemented, restated or amended entered into pursuant to the applicable provisions hereof. "Pledged Collateral" has the meaning set forth in the Granting Clause. "Pledged Securities" means has the meaning set forth in Section 3.01. "Proceeds" has the meaning specified in Section 9-102 of the Uniform Commercial Code. "Rating Trigger Event" has the meaning given to that term in the Bond Guarantee Agreement. "Reimbursement Note" has the meaning given to that term in the Bond Guarantee Agreement. "RUS" means the Person named as "RUS" in the first paragraph of this instrument. "RUS Notice" and "RUS Order" mean, respectively, a written notice or order signed by the Secretary and delivered to the Collateral Agent and the Borrower.
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Examples of Lien of this Pledge Agreement in a sentence

  • So long as the terms thereof are in compliance with the Credit Agreement, each Lender Rate Contract shall be secured by the Lien of this Pledge Agreement to the extent, and, notwithstanding any other provision, if any, in this Pledge Agreement, only to the extent provided in the Credit Agreement, including Section 7.07 of the Credit Agreement.

  • Certificate stating that (A) the Company is the legal and beneficial owner of the Property specifically described in said Supplemental Pledge Agreement, free and clear of all Liens, except Permitted Collateral Liens; and (B) in the opinion of the Officers executing the Officers' Certificate, all conditions precedent provided for in this Pledge Agreement relating to the subjection of such property to the Lien of this Pledge Agreement have been complied with.

  • The Company warrants that all the Collateral (except Property which may become Collateral hereafter) is, and at the time the Company subjects any Property acquired hereafter to the Lien of this Pledge Agreement by supplemental agreement, the Property so subjected will be, free and clear of all Liens, except Permitted Collateral Liens.

  • The Company will, at or before the time it subjects any Property to the Lien of this Pledge Agreement, cause evidence of its title to be duly recorded, filed, or filed for recording, to the extent permitted under the Federal Aviation Act or required under any other applicable law, by the Company as owner.

  • Any release, assignment and transfer executed by the Collateral Agent under this Section 4.04 shall be sufficient for the purposes of this Pledge Agreement and shall constitute a good and valid release, assignment and transfer of the Property therein described from ownership of the Collateral Agent and the Lien of this Pledge Agreement.

  • The Company may from time -------------------------- to time substitute Permitted Substitutes for any Non-Slot Collateral then subject to the Lien of this Pledge Agreement to the extent permitted by and in accordance with Section 4.04 and the Substitution Requirements and, upon the consummation of such substitution, the Collateral Agent, upon Request of the Company, shall release its Lien on the Collateral for which Permitted Substitutes are so substituted.

  • The Company will at the time it subjects any Property to the Lien of this Pledge Agreement by supplemental agreement be the legal and beneficial owner of such Property and will have good right to mortgage the same, subject to Permitted Collateral Liens.

  • The Company will, at or before the time it subjects any Property to the Lien of this Pledge Agreement, cause evidence of its title to be duly recorded, filed, or filed for recording, to the extent required under any applicable law, by the Company as owner.

  • The Company warrants that all the Collateral (except Property which may become Collateral hereafter) is, and at the time the Company subjects any Property acquired hereafter to the Lien of this Pledge Agreement by supplemental agreement, the Property so subjected will be, free and clear of all Liens, except Permitted Liens.

  • The Company will at the time it subjects any Property to the Lien of this Pledge Agreement by supplemental agreement be the legal and beneficial owner of such Property and will have good right to mortgage the same, subject to Permitted Liens.

Related to Lien of this Pledge Agreement

  • Negative Pledge Agreement means the Negative Pledge Agreement(s) dated on or about April 6, 2010, executed by any Borrower in favor of Bank and any similar negative pledge financing statements covering Property of any Borrower, as the Negative Pledge Agreement may be amended, supplemented or otherwise modified from time to time.

  • U.S. Pledge Agreement means the pledge agreement substantially in the form of Exhibit 1.01C (it being understood that the pledgors party thereto and schedules thereto shall be reasonably satisfactory to the Administrative Agent), given by the Domestic Credit Parties, as pledgors, to the Collateral Agent to secure the Obligations, and any other pledge agreements that may be given by any Person pursuant to the terms hereof, in each case as the same may be amended and modified from time to time.

  • Stock Pledge Agreement means a stock pledge agreement, in form and substance satisfactory to Agent, executed and delivered by each Borrower that owns Stock of a Subsidiary of Parent.

  • Borrower Pledge Agreement means the Pledge Agreement of even date herewith executed by Borrower in favor of Agent, on behalf of itself and Lenders, pledging all Stock of its Subsidiaries, if any, and all Intercompany Notes owing to or held by it.

  • Company Pledge Agreement means the Company Pledge Agreement executed and delivered by Company on the Closing Date, substantially in the form of Exhibit ------- XIII annexed hereto, as such Company Pledge Agreement may thereafter be amended, ---- supplemented or otherwise modified from time to time.

  • Holdings Pledge Agreement means the Pledge Agreement of even date herewith executed by Holdings in favor of Agent, on behalf of itself and Lenders, pledging all Stock of Borrower.

  • Share Pledge Agreement has the meaning given such term in the definition of Collateral and Guaranty Requirements.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Parent Pledge Agreement means the parent pledge agreement dated as of the Effective Date executed in favor of the Administrative Agent, for the benefit of the Secured Parties, by the Borrower, as amended or modified from time to time in accordance with the terms hereof.

  • Stock Pledge Agreements means each Stock Pledge Agreement of the Borrower and any of its Subsidiaries in substantially the form of Exhibit 4.1B, as amended, restated or supplemented from time to time.

  • Canadian Pledge Agreement means a pledge agreement in a form to be agreed upon, and to be executed in favor of the Canadian Administrative Agent, for the benefit of the holders of the Canadian Borrower Obligations, by the Canadian Borrower and each Canadian Guarantor, as amended or modified from time to time in accordance with the terms hereof.

  • Equity Pledge Agreement means the Equity Pledge Agreement dated as of the Issue Date, between the Equity Pledge Guarantors and the Collateral Agent, as amended, restated, modified, supplemented, extended or replaced from time to time.

  • Foreign Pledge Agreement means a pledge or charge agreement granting a Lien on Equity Interests in a Foreign Subsidiary to secure the Obligations, governed by the law of the jurisdiction of organization of such Foreign Subsidiary and in form and substance reasonably satisfactory to the Administrative Agent.

  • Pledge Agreement means the pledge agreement dated as of the Closing Date executed in favor of the Administrative Agent, for the benefit of the holders of the Obligations, by each of the Loan Parties, as amended or modified from time to time in accordance with the terms hereof.

  • Pledge Agreements means the Borrower Pledge Agreement, the Holdings Pledge Agreement, and any other pledge agreement entered into after the Closing Date by any Credit Party (as required by the Agreement or any other Loan Document).

  • Security and Pledge Agreement shall have the meaning set forth in Section 4.01(c).

  • Credit Support Pledge Agreement The Credit Support Pledge Agreement, dated as of November 24, 1998, among the Master Servicer, GMAC Mortgage Corporation, Combined Collateral LLC and The First National Bank of Chicago (now known as Bank One, National Association), as custodian.

  • Proceeds Account Pledge Agreement means the pledge agreement entered into between the Issuer and the Agent on or prior to the First Issue Date in respect of a first priority pledge over the Proceeds Account and all funds held on the Proceeds 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 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.

  • Foreign Pledge Agreements means each pledge agreement, charge or collateral security instrument creating a security interest in the Capital Stock of the Foreign Subsidiary Borrowers and certain other first-tier Foreign Subsidiaries of the Company, in each case, in form and substance reasonably satisfactory to the Administrative Agent, as such agreements may be amended, supplemented or otherwise modified from time to time.

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Senior Secured Credit Agreement means that certain Credit Agreement, dated as of September 27, 2018, among the Borrowers, the lenders from time to time party thereto, JPMCB as administrative agent, JPMCB as collateral agent, and the other parties thereto, as amended, restated, amended, restated, extended, supplemented, refinanced or otherwise modified from time to time.

  • ABL Security Agreement means the Security Agreement (as defined in the ABL Credit Agreement).

  • Senior Credit Agreement has the meaning specified therefor in the Recitals hereto.

  • Pledge and Security Agreement means the Pledge and Security Agreement to be executed by Company and each Guarantor substantially in the form of Exhibit I, as it may be amended, supplemented or otherwise modified from time to time.

  • UK Security Agreement means each of the security documents expressed to be governed by the laws of England (as modified, supplemented, amended or amended and restated from time to time) covering certain of such UK Loan Party’s present and future UK Collateral.