Examples of Pledge and Escrow Agreement in a sentence
The Trustee shall not be liable for the validity, sufficiency or priority of the funds or Pledged Securities held under the Pledge and Escrow Agreement or for the maintenance of the perfection of any funds or securities held therein.
The Parties further acknowledge that the Pledged Shares were previously transferred and delivered to Qxxxxxx & Bxxxx LLP (the “Escrow Agent”) pursuant to the terms of that certain Stock Pledge and Escrow Agreement, dated August 11, 2006.
This Debenture is secured by a Pledge and Escrow Agreement (the "Pledge Agreement") of even date herewith among the Obligor, the Holder, the Escrow Agent, and a Security Agreement (the "Security Agreement") of even date herewith between the Obligor and the Holder.
The Trustee is authorized to receive any funds for the benefit of the Holders of Notes distributed under the Proceeds Pledge and Escrow Agreement, and to make further distributions of such funds to the Holders of Notes according to the provisions of the Proceeds Pledge and Escrow Agreement and this Indenture.
This Debenture is secured by a Security Agreement (the "Security Agreement") of even date herewith between the Obligor and the Holder, and a Pledge and Escrow Agreement (the "Pledge Agreement") of even date herewith among the Obligor, the Holder, and the Escrow Agent (as defined in the Pledge Agreement).