Examples of Operating Account Pledge in a sentence
The Operating Account and all amounts from time to time standing to the credit thereof shall be subject to the security constituted and the rights conferred by the relevant Operating Account Pledge.
The Collateral Operating Account and all amounts from time to time standing to the credit thereof shall be subject to the security constituted and the rights conferred by the Collateral Operating Account Pledge.
The Operating Account and all amounts from time to time standing to the credit thereof shall be subject to the security constituted and the rights conferred by the Operating Account Pledge.
The Creditors hereby agree that, with effect on and from the Effective Date, the Operating Account Pledge and the Retention Account Pledge be (and they are hereby) discharged and, consequently, the Borrower be (and it is hereby) released from its obligations arising under each of the Operating Account Pledge and the Retention Account Pledge.