Pledged Accounts definition

Pledged Accounts means all of each Grantor’s right, title and interest in all of its Deposit Accounts, Commodity Accounts and Securities Accounts (in all cases, including, without limitation, all Controlled Accounts and Foreign Currency Control Accounts).
Pledged Accounts has the meaning set forth in Section 4.01(a).
Pledged Accounts means the Local Collection Account(s), the Collection Account, the Reserve Accounts, the Loss Proceeds Account, the Security Deposit Account, the Master Lease Deposit Account, any additional accounts now or hereafter maintained by or on behalf of Borrower hereunder and any sub-accounts of any of the foregoing and any successor accounts to any of the foregoing.

Examples of Pledged Accounts in a sentence

  • In the event that no agreement is reached and the delivery of the Purchased Vessel does not occur on or before 9 February 2026, the proceeds in the Pledged Accounts shall be applied as a prepayment against the Loan in accordance with Section 9.2.

  • In the event that no agreement is reached and the delivery of the Purchased Vessel does not occur on or before 8 March 2027, the proceeds in the Pledged Accounts shall be applied as a prepayment against the Loan in accordance with Section 9.2.


More Definitions of Pledged Accounts

Pledged Accounts means the accounts (including any applicable sub-accounts) established by the Permitted Subsidiary at Citibank, N.A. and pledged to the Collateral Agent pursuant to the Asset Pledge Agreement.
Pledged Accounts all Commodity Accounts, Deposit Accounts (other than Excluded Accounts) and Securities Accounts of any Grantor.
Pledged Accounts means each Securities Account and Cash Account (in each case as defined in the Agency Agreement) opened by the Custodian for the Issuer in respect of the Series; and
Pledged Accounts means the EUR Pledged Account and the Dollar Pledged Account and “Pledged Account” means either of them.
Pledged Accounts means the Revenue Account, the Senior Rent Payment Account, the Recovery Event Proceeds Account and the Equity Account.
Pledged Accounts means collectively the Accounts, including all sub-accounts.
Pledged Accounts means the Collection Account and the Reserve Account and any successor accounts thereto.