Pledge Period means the period beginning on the date hereof and ending on the six (6) month anniversary of the date hereof; provided, that, if there are any Outstanding Claims at the time of termination of the Pledge Period, the Pledgee shall have the right to retain, pending resolution of such Outstanding Claim(s) pursuant to Section 8.1 of the Contribution Agreement, and at all times subject to the terms hereof, Collateral equal in Value to the Estimated Claims Amount (“Retained Collateral”). Solely with respect to such Retained Collateral, the Pledge Period shall be deemed to continue (an “Extended Pledge Period”) until the earlier to occur of (i) the ten (10) month anniversary of the date hereof or (ii) the resolution pursuant to Section 8.1 of the Contribution Agreement, of the Outstanding Claim(s) to which such Retained Collateral relates; provided, however, if any Outstanding Claims remain in existence on the ten (10) month anniversary of the date hereof, then Pledgor shall be required to deliver Replacement Collateral (as defined below) to Pledgee before the Extended Pledge Period may end. Following the expiration of the Pledge Period, the Pledgor shall be required to maintain for the balance of the Survival Period a minimum net worth of not less than $10,000,000.00.

Pledge Period means the period specified in Clause 3 hereof.

Pledge Period means the term set forth in Article 3 hereof.

Examples of Pledge Period in a sentence

Should a member cancel any investment made during the Pledge Period, any payments made in terms of such an investment will be paid back in full and at no extra charge (save for such costs which may be charged by the bank of a member for such transfer).
The Pledge Period will always be more than 7 (Seven) days, however, in the event that it is shorter, the member will have an opportunity to cancel any such agreement notwithstanding same, if such cancellation is made within 7 (Seven) days of an investment.
The Bank reserves the right to vary, modify or terminate the Pledge, and to revise these terms and conditions (including, but not limited to varying the Pledge Period) at any time without prior notice.
In this regard, a member may cancel an investment made at any time during the Pledge Period (for an understanding of the process, and the Pledge Period, please refer to clause 9 of these Terms of Service, as well as the Site for more information), and the member may cancel the transaction agreement regulating this initial investment made during the Pledge Period.
Upon request the Customer also must provide the Company all documents necessary to demonstrate the Customer’s planned operation level for the Pledge Period.

More Definitions of Pledge Period

Pledge Period means the period specified in Article 3 hereof.

Pledge Period means any period beginning on a Pledge Date and to the extent such Pledge Date occurred as a result of a Credit Downgrade ending on the earlier of (i) the Business Day immediately following the day on which Borrower notifies Lender and Collateral Agent that a Credit Upgrade has occurred and (ii) the date on which this Agreement shall terminate in accordance with the terms of this Agreement.

Pledge Period means the period beginning on the date hereof and ending upon the termination of the Survival Period; provided, that, if any claim(s) asserted in any Claim Notices(s) remain outstanding at the time of termination of the Survival Period (any such claim, an “Outstanding Claim”), the Pledgee shall have the right to retain, pending resolution of such Outstanding Claim(s) pursuant to Article 3 of Exhibit C to the Contribution Agreement, and at all times subject to the terms hereof, Collateral with a Value equal to the aggregate dollar amount of such Outstanding Claims (“Retained Collateral”) and, solely with respect to such Retained Collateral, the Pledge Period shall be deemed to continue (an “Extended Pledge Period”) until the resolution pursuant to Article 3 of Exhibit C to the Contribution Agreement, of the Outstanding Claim(s) to which such Retained Collateral relates.

Pledge Period means the period beginning on the date hereof and ending upon the termination of the Survival Period; provided, that, if any claim(s) asserted in any Claim Notices(s) remain outstanding at the time of termination of the Survival Period (any such claim, an “Outstanding Claim”), the Pledgee shall have the right to retain, pending resolution of such Outstanding Claim(s) pursuant to Article III of the Nominee Agreement and at all times subject to the terms hereof, Collateral with a Value equal to the aggregate dollar amount of such Outstanding Claims (“Retained Collateral”) and, solely with respect to such Retained Collateral, the Pledge Period shall be deemed to continue (an “Extended Pledge Period”) until the resolution pursuant to Article III of the Nominee Agreement of the Outstanding Claim(s) to which such Retained Collateral relates.

Pledge Period means any period beginning on a Pledge Date and to the extent such Pledge Date occurred as a result of a Credit Downgrade ending on the earlier of (i) the Business Day immediately following the day on which Borrower notifies Lender and the Collateral Agent that a Credit Upgrade has occurred and (ii) the date on which this Agreement shall terminate in accordance with the terms of this Agreement.

Pledge Period means the period specified in Article 3 of the Agreement.