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

• The Pledged Accounts shall be governed by the laws of the State of New York.

• The Collateral Agent shall provide any additional information or reports relating to the Pledged Accounts and the transactions therein reasonably requested from time to time by the Company or any Secured Party.

• The Account Collateral in the Pledged Accounts may be held by the Collateral Agent directly or through any clearing agency or depository including the Federal Reserve/Treasury Book-Entry System for United States and federal agency securities, and the Depository Trust Company (collectively, the “Clearing Agency”).

• All investments and reinvestments of funds in the Pledged Accounts shall be made in the name of the Depository Bank.

• Subject to Section 4.06, in the event an investment selection is not made by the Company in accordance with this Section 4.05, the funds in the Pledged Accounts shall not be required to be invested but may be invested at the discretion of the Collateral Agent, and the Collateral Agent shall not incur any liability for interest or income thereon.

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 collectively the Accounts, including all sub-accounts.

Pledged Accounts means the Revenue Account, the Senior Rent Payment Account, the Recovery Event Proceeds Account and the Equity Account.

Pledged Accounts collectively, all Collateral Accounts, all Distribution Accounts and all L/C Cash Collateral Accounts.