Pledge of Accounts definition

Pledge of Accounts means that certain Pledge of Accounts dated as of the date hereof, as originally executed by Borrower in favor of Lender, as the same may be supplemented, amended, modified, consolidated, extended, substituted, replaced, renewed and/or restated from time to time.

Pledge of Accounts means a first priority pledge of the Accounts entered or to be entered into between the Borrower and the Agent (on behalf of the Finance Parties and Swap Banks), in the terms and form as the Agent may require.

Pledge of Accounts means the pledge of the Accounts required to be executed hereunder by the Borrower in favour of the Security Trustee;

Examples of Pledge of Accounts in a sentence

• Borrower has (i) entered into the Pledge of Accounts pursuant to which Xxxxxxxx’s rights in and to the Collections Accounts are pledged to Lender, subject to the rights of tenants with respect to their respective security deposits held in the Collections Accounts and (ii) entered into the Collections Account DACA with Xxxxxx and Depositary Bank.

• This Agreement is to be read with the Personal Customer Agreement which contains important terms and information about using your Credit Card for Transactions, and the Pledge of Accounts document which sets out all the information in relation to the Security being provided against your Credit Facility.

• After the Pledgor and Pledgee have signed the Contract, the Accounts Receivable Pledge Registration Agreement shall be signed in accordance with the stipulations of Measures for the Registration of the Pledge of Accounts Receivable of the People’s Bank of China.

• In order to ascertain the rights and obligations of both parties, pursuant to the Property Rights Law of the People’s Republic of China, the Measures for the Registration of the Pledge of Accounts Receivable, and their operating rules, this Contract is entered into by both parties, who shall abide by it strictly.

• In October 2017, the People’s Bank of China issued the revised "Registration Measures for the Pledge of Accounts Receivable" (referred to as the registration measures), which adjusted the meaning of accounts receivable and the subject matter of Pledge.

More Definitions of Pledge of Accounts

Pledge of Accounts means the Security Agreement, Assignment of Deposits and Money Market Instruments in form and substance acceptable to Lender, executed by Borrower in favor of Lender.

Pledge of Accounts. As noted on your application, and as a condition of the approval of your credit card account, you have granted us a security interest in all individual and joint accounts you have with us now and in the future to secure your Visa Credit Card account, and to act as collateral securing loans. You authorize us to apply the balance in these account(s) to any amounts due under the agreement in the event that you should default. You acknowledge and agree that your pledge does not apply during any periods when you are a covered borrower under the Military Lending Act. For clarity, you will not be deemed a covered borrower, and your pledge will apply, if: (i) you established your credit card account when you were not a covered borrower; or (ii) you cease to be a covered borrower. Cross-Collateralization: Your pledge of accounts given as security for this loan or for any other loan that you may have with the credit union will also secure all amounts for all loans and amounts due and owing Glass City Federal Credit Union now and in the future. Card Enhancements: Your Glass City Federal Visa Credit Card may include some enhancements. Receipt of these enhancements may be based on your credit score.

Pledge of Accounts means the first priority pledge of the Accounts to be entered or to be entered into between the Borrower and the Agent on behalf of the Banks, in the terms and form as the Agent on behalf of the Banks may require.

Pledge of Accounts means the Pledge over Credit Rights Derived from Bank Accounts among the Borrower, the Lenders and the Collateral Agent, in the form of Exhibit E-2.

Pledge of Accounts means the Security Agreement, Assignment of Deposits and Money Market Instruments, executed by the Company in favor of the Trustee for the benefit of the Noteholders.

Pledge of Accounts means a second priority pledge of the Borrower's account no. 6018.

Pledge of Accounts means one or more security agreements, collateral assignments, pledge agreements or other similarly named documents in form and substance acceptable to the Bank, executed by the Borrower in favor of the Bank, evidencing a first priority security interest in and collateral assignment of all deposit or other accounts of the Borrower with the Bank including without limitation the Escrow Account and the Cash Collateral Accounts.