Pledge Amount definition

Pledge Amount has the meaning set forth in the Pledge Agreement.

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Pledge Amount means at any time the Initial Pledge Amount minus the cumulative amount of all Dilution Amounts in excess of the aggregate amount of $3,351,000, as set forth more specifically in Section 2.7(b) hereof.

Pledge Amount means the sum of (i) the Performance Amount plus (ii) the Initial Pledge Amount (as the same may be increased from time to time). Any request for Additional Pledges will be accompanied by a statement setting forth the calculation used in determining the additional pledge.

Examples of Pledge Amount in a sentence

The Custodian will not pay the Depository any principal funds as a result of a maturity or redemption without 1) the receipt of written authorization by the Administrator, and 2) adequate collateral replacement or substitution of Approved Securities to ensure the Fair Market Value of the Securities Account exceeds the Pledge Amount, if needed.
In the event of a maturity or redemption, the Custodian will require the substitution of an appropriate amount of Approved Securities to satisfy the Pledge Amount.
The Depository agrees that, as long as the Treasurer or any Public Body has Public Funds on deposit with the Depository, the Depository shall maintain at all times Pledged Securities with an aggregate Fair Market Value equal to at least the Pledge Amount.
The Depository shall also deposit additional Approved Securities in the Securities Account maintained by the Custodian within three (3) business days (or five (5) business days in the case where the Depository intends to use a Federal Home Loan Bank Letter of Credit) of the date of noncompliance if necessary to reach and maintain the Pledge Amount.
Any noncompliance (as defined as a day where the Fair Market Value of the Approved Securities does not equal or exceed the Pledge Amount) will be reported, in an electronic format, to the Administrator and Treasury within three (3) business days.
The Qualified Trustee will not pay the Depository any principal funds as a result of a maturity or redemption without (1) the receipt of written authorization by the Administrator, and (2) adequate collateral replacement of Approved Securities to ensure the Fair Market Value of the Securities Account exceeds the Pledge Amount, if needed.
The Depositories shall monitor the Pledge Amount on a daily basis.
In the event of a maturity or redemption, the Qualified Trustee shall require the substitution of an appropriate amount of Approved Securities to satisfy the Pledge Amount.
On the Closing Date, the Company shall deliver the Initial Pledge Amount to the Pledge Agent for deposit into the Pledge Account against the Pledge Agent's written acknowledgment and receipt.
On this basis, after the margin value extended to the Pledgor, the Pledgor will wire to the Secured Party, from the Margin Value extended, the value equivalent to 75 % of the Pledge Amount The liability for this Margin Value Facility is completely assumed by the Secured Party and guaranteed by the Secured Party as set forth in Section 9(h).

More Definitions of Pledge Amount

Pledge Amount shall have the meaning given in the Security Agreement.

Pledge Amount means at all times the Initial Pledge Amount or the outstanding principal balance of the Loan, whichever is less."

Pledge Amount as defined in Section I.A.10 thereof would be reduced from $700,000 to $350,000 and upon satisfaction of certain conditions released;

Pledge Amount means a promise to pay the costs agreed upon between the County Department and Energy Provider to alleviate the eligible household crises. 1. Determine household eligibility as set forth by policy. 2. Advise the Energy Provider of the name, address, account number, if any, and amount pledged to the account of each eligible household. 3. Notify the Eligible Household of the pledge amount to be made on their behalf by the County to the Energy Provider. 4. For each Eligible Household, make timely payments to the Energy Provider of the portion of the Pledge Amount for credit to that Eligible Household’s account for Home Energy supplied in accordance with the terms of this Agreement.

Pledge Amount means $10,023,000.00"

Pledge Amount set forth in the Original Security Agreement is hereby amended to read in full as follows: