Pledge and Administration Agreement definition

Pledge and Administration Agreement means the Pledge and Administration Agreement, dated as of June 30, 2009, among Dexia, DCL, Dexia Bank Belgium SA, Financial Security Assurance Inc., Party B, FSA Portfolio Asset Limited, Dexia FP Holdings Inc., FSA Capital Markets Services LLC, FSA Capital Management Services LLC, FSA Capital Markets Services (Caymans) Ltd. and The Bank of New York Mellon Trust Company, National Association, as the same may be amended, supplemented or modified from time to time.
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Pledge and Administration Agreement shall have the meaning provided in the Separation Agreement.
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Pledge and Administration Agreement means the Pledge and Administration Agreement, dated as of June 30, 2009, entered into among Dexia SA, Dexia Crédit Local S.A., Dexia Bank Belgium SA, Dexia FP Holdings Inc., Financial Security Assurance Inc. (“FSA”), FSA Asset Management LLC (“FSAM”), FSA Portfolio Asset Limited, FSA Capital Markets Services LLC, FSA Capital Markets Services (Caymans) Ltd., FSA Capital Management Services LLC and The Bank of New York Mellon Trust Company, National Association as Collateral Agent (the “Collateral Agent”), as amended, restated, supplemented or otherwise modified from time to time..
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Examples of Pledge and Administration Agreement in a sentence

  • Address for notices or communications to FSA: As set forth in the Pledge and Administration Agreement.

  • Capitalized terms used and not defined herein have the meanings set forth in the Pledge and Administration Agreement or the Confirmation to this Agreement.

  • Party B hereby irrevocably appoints the Collateral Agent and FSA as its agents and attorneys-in-fact for enforcing its rights hereunder upon the events and in the manner specified in the Pledge and Administration Agreement, which appointment is coupled with an interest, and Party B confirms that notice of such appointment has been effectively given to the Collateral Agent and FSA.

  • Party A acknowledges and consents to Party B’s grant of all its right, title and interest in, to and under, in each case, whether now owned or existing, or hereafter acquired or arising, this Agreement or any Transaction hereunder (including, without limitation, its right to payments due to it hereunder or with respect hereto), to the Collateral Agent pursuant to and in accordance with the terms of the Pledge and Administration Agreement, for the benefit of the persons identified therein.

  • Upon application of the FSAM Collateral and proceeds thereof available to satisfy the obligations of the Seller hereunder in accordance with the Pledge and Administration Agreement, the Buyer shall not be entitled to take any further steps against the Seller to recover any sums due and shall not constitute a claim against the Seller to the extent of any insufficiency.

  • Capitalized terms used but not defined herein have the meaning provided to them under the Pledge and Administration Agreement.

  • The first sentence (ending at the colon before subparagraph (a)) of Paragraph 11 of the Base Agreement (“Events of Default”) is hereby amended to read as follows: “In the event that a Dexia Event of Default as defined in the Pledge and Administration Agreement occurs (with respect to Buyer an “Event of Default”):” For the avoidance of doubt, no Events of Default shall apply to Seller and the provisions of Paragraph 11 referring to circumstances where the Seller is the defaulting party shall be disregarded.

  • Upon application of the FSAM Collateral and proceeds thereof available to satisfy the obligations of Party B hereunder in accordance with the Pledge and Administration Agreement, Dexia and DCL shall not be entitled to take any further steps against Party B to recover any sums due and shall not constitute a claim against Party B to the extent of any insufficiency.

  • The obligations of Party B in relation to this Agreement and any Transaction hereunder are limited recourse obligations, payable solely from the proceeds of the FSAM Collateral (as defined in the Pledge and Administration Agreement) available under and applied in accordance with the Priority of Payments set forth in the Pledge and Administration Agreement.

  • The Buyer hereby acknowledges that the Seller is granting a security interest in its rights under this Agreement to the Collateral Agent on behalf of the Secured Parties (including FSA) to secure its obligations under the Pledge and Administration Agreement and the Transactions Documents, and the Buyer hereby consents to any transfer of any or all of such rights in connection with the enforcement of such security interests.


More Definitions of Pledge and Administration Agreement

Pledge and Administration Agreement means the Pledge and Administration Agreement dated as of June 30, 2009 among, inter alia, Dexia, DCL, FSAM, FSA and The Bank of New York Mellon Trust Company, N.A. as Collateral Agent;
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Related to Pledge and Administration Agreement

  • Collateral Administration Agreement An agreement dated as of the Closing Date among the Issuer, the Collateral Manager and the Collateral Administrator, as amended from time to time in accordance with the terms thereof.

  • Swap Administration Agreement As defined in Section 4.08(b).

  • General Agreement means the Government Officers Salaries, Allowances and Conditions General Agreement PSA AG 25 of 2002 or its replacement or the Public Service General Agreement PSA AG 24 of 2002 or its replacement whichever is applicable.

  • Cooperation Agreement means that certain Mortgage Loan Cooperation Agreement, dated as of the Closing Date, among Borrower, Lender and Sponsor, as the same may from time to time be amended, restated, replaced, supplemented or otherwise modified in accordance herewith.

  • Corporate Services Agreement means the Corporate Services Agreement dated as of the date hereof between the Borrower and the Services Provider, as amended from time to time in accordance with the terms hereof and thereof.

  • Retention Agreements has the meaning set forth in Section 5.11(e).

  • Delegation Agreement means any separate agreement entered into between the Custodian and the Fund or its authorized representative with respect to certain matters concerning the appointment and administration of Subcustodians delegated to the Custodian pursuant to Rule 17f-5 under the 1940 Act.

  • Indemnification Agreements shall have the meaning set forth in Section 6.01(a).

  • NEPOOL Agreement means the Second Restated New England Power Pool Agreement dated as of February 1, 2005, as amended or accepted by the Commission and as may be amended, modified, superseded, supplemented and/or restated from time to time.

  • Transition Agreement has the meaning set forth in Section 12.8.1.

  • Reaffirmation Agreement means the Reaffirmation Agreement dated as of the Closing Date by the Borrower and the Guarantors to the Administrative Agent for the benefit of the Secured Parties.

  • Sponsor Letter Agreement has the meaning set forth in the recitals to this Agreement.

  • 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.

  • Indemnification Agreement shall have the meaning set forth in Article XVII.

  • Issuer Administration Agreement means that certain issuer administration agreement, dated as of the date hereof, among the Administrator, the Issuer, the Transferor and the Indenture Trustee, as amended or supplemented from time to time.

  • Finance agreement means a loan, lease, or installment sale agreement for a motor vehicle. The term includes, but is not limited to, an installment sale contract, a retail installment contract, or a retail charge agreement.

  • 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.

  • Master Services Agreement means the master services agreement among the Service Providers, the Partnership, BRELP, the Holding Entities and others;

  • Formation Agreement has the meaning attributed to it in Recital A;

  • Assignment of Management Agreement means the Assignment of Management Agreement and Subordination of Management Fees, dated the same date as this Loan Agreement, among Borrower, Lender and Property Manager, including all schedules, riders, allonges and addenda, as such Assignment of Management Agreement may be amended from time to time, and any future Assignment of Management Agreement and Subordination of Management Fees executed in accordance with Section 6.09(d).

  • Assignment of Recognition Agreement With respect to a Cooperative Loan, an assignment of the Recognition Agreement sufficient under the laws of the jurisdiction wherein the related Cooperative Unit is located to reflect the assignment of such Recognition Agreement.

  • General Security Agreement means the general security agreement dated on or about the date hereof given by Borrower in favour of Lender in respect of the Obligations.

  • Guarantee and Adherence Agreement means the guarantee and adherence agreement pursuant to which the Guarantors shall, amongst other, (i) guarantee all amounts outstanding under the Finance Documents, including but not limited to the Bonds, plus accrued interests and expenses, (ii) agree to subordinate all subrogation claims, and (iii) undertake to adhere to the terms of the Finance Documents.

  • Disbursement Instruction Agreement means an agreement substantially in the form of Exhibit B to be executed and delivered by the Borrower pursuant to Section 6.1.(a), as the same may be amended, restated or modified from time to time with the prior written approval of the Administrative Agent.

  • Administrative Services Agreement has the meaning set forth in Section 2.1(d).

  • Guaranty and Collateral Agreement means the Guaranty and Collateral Agreement dated as of the date hereof executed and delivered by the Loan Parties, together with any joinders thereto and any other guaranty and collateral agreement executed by a Loan Party, in each case in form and substance satisfactory to the Administrative Agent.