Pledge of Securities definition

Pledge of Securities. Guaranty over Securities established to ensure the performance of obligations assumed by the Brokerage Firm with or on behalf of the Customer. Circulars: General provisions issued by the CNBV or the Bank of Mexico according to the respective Securities and transactions. CNBV: Mexican National Banking and Securities Commission (Comision Nacional Bancaria y de Valores).
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Pledge of Securities. As additional security to ensure prompt payment and performance of all Obligations, Rudy C. Theale, Xx., xxe Chief Executive Officer of the Borrower, and Robert E. Turner, XX (xxxxxxxxxxxx, xxx "Xxxxxxxx"), xave each agreed to pledge his respective equity interest in the Borrower as more particularly set forth under the terms and conditions of the Pledge Agreement."
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Pledge of Securities means the Pledge of Securities dated the date hereof by the Borrower as pledgor to the Bank as secured party, securing the Obligations, as the same may be extended, amended, supplemented or modified from time to time.
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Examples of Pledge of Securities in a sentence

  • Other Defined Terms 1 ARTICLE II Pledge of Securities SECTION 2.01.

  • Other Defined Terms 2 ARTICLE II Pledge of Securities SECTION 2.01.

  • Fourth Ranking Pledge of Securities Account Agreement (ABL), together with the related statement of pledge; 6.

  • Second Ranking Pledge of Securities Account Agreement (2025 U.S. notes), together with the related statement of pledge; 14.

  • Other Defined Terms 2 ARTICLE II Pledge of Securities 7 Section 2.01.

  • The Brokerage Firm or the lending institution appointed by mutual agreement of the parties to execute the Pledge of Securities that is established, as applicable.

  • Other Defined Terms 1 ARTICLE II Pledge of Securities Section 2.01.

  • Strinden moved and Boehm seconded to approve the Pledge of Securities as presented by Treasurer Lippert.

  • Pledge of Securities Securities purchased on a cash or margin basis may be hypothecated under circumstances which will permit the co-mingling thereof with securities carried for other customers, but such securities, if hypothecated, will be withdrawn from hypothecation as soon as practicable upon receipt of payment therefor.

  • Credit Agreement and UCC 1 ARTICLE II Pledge of Securities Section 2.01.


More Definitions of Pledge of Securities

Pledge of Securities. The account stated by the party that acts as the Guarantee Creditor for the transfer of Eligible Assets maintained with Indeval, Banco de Mexico or any other securities custodian; or another account the Guaranteed Creditor party, the Custodian and Administrator and/or Guarantee Enforcer agree for the safekeeping, administration or if the case transfer of Securities. RECA: 0000-000-000000/00-00000-0000 “Main Account”.- Means the joint current Bank Deposit Account and the Stock Investment Account, whereby the eventual or permanent, charges and deposits will take place of the transactions foreseen in this Contract.
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Related to Pledge of Securities

  • Series of Securities means each series of debentures, notes or other debt instruments of the Company created pursuant to Sections 2.1 and 2.2 hereof.

  • Series of Secured Debt means, severally, each Series of Priority Lien Debt and each Series of Parity Lien Debt.

  • holder of Securities “registered holder”, or other similar term, means the Person or Persons in whose name or names a particular Security is registered on the Security Register kept for that purpose in accordance with the terms of this Indenture.

  • Spin-Off Securities means equity share capital of an entity other than the Issuer or options, warrants or other rights to subscribe for or purchase equity share capital of an entity other than the Issuer.

  • other indenture securities means securities upon which the Company is an obligor (as defined in the Trust Indenture Act) outstanding under any other indenture (i) under which the Trustee is also trustee, (ii) which contains provisions substantially similar to the provisions of this Section 613, and (iii) under which a default exists at the time of the apportionment of the funds and property held in such special account;

  • Breach of Security means the occurrence of unauthorised access to or use of the Premises, the Services, the Contractor system or any ICT or data (including the Authority’s Data) used by the Authority or the Contractor in connection with this Contract.

  • Subsidiary Guarantees means the guarantees of each Subsidiary Guarantor as provided in Article Thirteen.

  • indenture securityholder means a Securityholder.

  • Holders of Secured Obligations means the holders of the Secured Obligations from time to time and shall include their respective successors, transferees and assigns.

  • Discharge of Second Lien Obligations means the occurrence of all of the following:

  • obligor on the indenture securities means the Company or any other obligor on the Securities. All other terms used in this Indenture that are defined by the TIA, defined in the TIA by reference to another statute or defined by SEC rule have the meanings therein assigned to them.

  • on the indenture securities means the Issuer and any other obligor on the indenture securities. All other TIA terms used in this Indenture that are defined by the TIA, defined by TIA reference to another statute or defined by Commission rule have the meaning assigned to them by such definitions.

  • Debt Securities has the meaning stated in the first recital of this Indenture and more particularly means any debt security or debt securities, as the case may be, of any series authenticated and delivered under this Indenture.

  • indenture securities means the Notes.

  • 2019 Notes has the meaning set forth in the definition of “2018 Exchange Offers”.

  • Guarantee of the Notes means the guarantee of the Notes given by the Guarantor in the Trust Deed;

  • Maximum Number of Securities shall have the meaning given in subsection 2.1.4.

  • Agency or instrumentality of the government of Venezuela means an agency or instrumentality of a foreign state as defined in section

  • 2024 Notes means the 7.000% Senior Notes due 2024, issued pursuant to the 2024 Indenture.

  • Insolvency or Liquidation Proceeding means, with respect to any Person, any liquidation, dissolution or winding up of such Person, or any bankruptcy, reorganization, insolvency, receivership or similar proceeding with respect to such Person, whether voluntary or involuntary.

  • Senior Subordinated Indenture means the Indenture dated as of October 15, 1997 between the Company and State Street Bank and Trust Company, as trustee, as from time to time amended, restated, supplemented or otherwise modified.

  • Indenture Secured Parties means the Noteholders.

  • 2026 Notes means the 7.75% Senior Notes due 2026, originally issued by Ensco plc (now Valaris), a public limited company organized under the laws of England and Wales.

  • Subsidiary Guarantee Agreement means the Subsidiary Guarantee Agreement, substantially in the form of Exhibit D, made by the Subsidiary Loan Parties in favor of the Administrative Agent for the benefit of the Lenders.

  • Permitted Cure Securities means any equity securities of the Borrower, Holdings or any Parent Entity issued pursuant to the Cure Right other than Disqualified Stock.

  • Subsidiary Guaranties means the Domestic Subsidiary Guaranty and each Foreign Subsidiary Guaranty.