Pledged CD definition

Pledged CD means any and all certificates of deposit issued to Borrower by Bank.
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Pledged CD means certificates of deposit issued to Borrower by Collection Agent which are secured by a Lien in favor of Administrative Agent, for itself and for the benefit of the Lenders.
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Pledged CD means any and all certificates of deposit issued to Borrower by Bank, in a minimum principal amount of not less than One Million Three Hundred Thousand Dollars ($1,300,000), plus any accrued but unpaid interest thereon.
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Examples of Pledged CD in a sentence

  • Maintain the Value of the Pledged CD in an amount equal to or greater than the Minimum Collateral Value.

  • Clarifying inadequately written treatment recommendation can squander 25 significant times.

  • While the minimum GEAR UP match contribution is 100 percent of the state allocation, it is expected that match contributions should reflect the fiscal year 2017 Pledged CD Grant Match amount as indicated on pages nine and ten in the GEAR UP PI 18-03, Attachment II.

  • Borrower shall specify the initial Interest Period applicable to the Pledged CDs in connection with the notice of delivery of Pledged CD in the form of Schedule A attached hereto.

  • Upon termination of the Pledged CD, the entire outstanding principal of and accrued but unpaid interest on the Pledged CD shall be applied to the Obligations pursuant to the terms of Section 9.4 hereof.

  • If any proceeds of any Pledged CD remain after all Obligations have been paid in full, within three (3) Business Days thereafter, Bank shall deliver such proceeds, including any outstanding Pledged CD, to Borrower or other Persons entitled thereto by law.

  • Thereafter, Borrower shall notify Bank not less than five (5) Business Days prior to the end of each Interest Period of the duration of the subsequent Interest Period with respect to such Pledged CD.

  • This Pledged CD was collateral security for, among other things, each and every payment, reimbursement and indemnification obligation arising out of the Letters of Credit, together with interest, fees, costs, attorneys’ fees and expenses arising pursuant thereto (the “JPMorgan Chase Reimbursement Obligations”) up to the value of the Pledged CD.

  • The parties to this Agreement do not intend that Borrower’s delivery of any Pledged CD to Bank as herein provided will constitute an advance payment of any Obligations or liquidated damages, nor do the parties intend that any Pledged CD increase the dollar amount of the Obligations.

  • Upon surrender of a Pledged CD in connection with a withdrawal of less than all of the funds in the Deposit Account, the applicable Deposit Taker will concurrently issue, and Pledgor shall purchase, a new Pledged CD in an amount equal to the aggregate Value of the funds deposited as Cash Collateral in the Account following the withdrawal.


More Definitions of Pledged CD

Pledged CD means each certificate of deposit now or hereafter issued by SVB to Borrower which are pledged pursuant to this Agreement to secure the Obligations, including, without limitation, the certificate of deposit number 8800061120 secured by a Lien in favor of the Lenders and the certificate of deposit number 8800063495 issued to Borrower by SVB which is secured by a Lien in favor of the Lenders, and any future replacements, substitutions or renewals of any of the foregoing.
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Pledged CD means each certificate of deposit now or hereafter issued by Bank to Borrower which are pledged pursuant to this Agreement to secure the Obligations, including, without limitation, the certificate of deposit number 8800061119 secured by a Lien in favor of Bank and the certificate of deposit number 0000000000 issued to Borrower by Bank which is secured by a Lien in favor of Bank, and any future replacements, substitutions or renewals of any of the foregoing.
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Pledged CD means any and all certificates of deposit issued to Borrower by Bank, in a minimum principal amount of not less than One Million Three Hundred Thousand Dollars ($1,300,000), plus any accrued but unpaid interest thereon.”
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Pledged CD means a Certificate of Deposit in the amount of One Million Eight Hundred Seventy-Five Thousand and 00/100 U.S. Dollars ($1,875,000.00) pledged by Insteel in favor of PNC Bank pursuant to Insteel's obligation under Section 3.1 of this Agreement.
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Pledged CD is defined in Section 4.2.
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Related to Pledged CD

  • Pledged Equity has the meaning specified in the Security Agreement.

  • Pledged LLC Interests means all right, title and interest of any Grantor as a member of any LLC and all right, title and interest of any Grantor in, to and under any LLC Agreement to which it is a party.

  • Pledged Equity Interest means an Equity Interest that is included in the Collateral at such time.

  • Pledged Certificated Stock means all certificated securities and any other Stock or Stock Equivalent of any Person evidenced by a certificate, instrument or other similar document (as defined in the UCC), in each case owned by any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, including all Stock and Stock Equivalents listed on Schedule 5. Pledged Certificated Stock excludes any Excluded Property and any Cash Equivalents that are not held in Controlled Securities Accounts to the extent permitted by Section 5.10.

  • Pledged Equity Interests means all Pledged Stock, Pledged LLC Interests, Pledged Partnership Interests and Pledged Trust Interests.

  • Pledged Items means, as of any date, any and all securities and instruments delivered by the Pledgor to be held by the Collateral Agent under this Collateral Agreement as Collateral, whether Eligible Collateral or Ineligible Collateral.

  • Pledged Collateral has the meaning assigned to such term in Section 2.01.

  • Additional Pledged Collateral means any Pledged Collateral acquired by any Grantor after the date hereof and in which a security interest is granted pursuant to Section 2.2 (Grant of Security Interest in Collateral), including, to the extent a security interest is granted therein pursuant to Section 2.2 (

  • Pledged Interests shall have the meaning ascribed to such term in Section 4(j).

  • Pledged Notes all promissory notes listed on Schedule 2, all Intercompany Notes at any time issued to any Grantor and all other promissory notes issued to or held by any Grantor (other than promissory notes issued in connection with extensions of trade credit by any Grantor in the ordinary course of business).

  • Pledged Shares has the meaning provided in Section 2 hereof.

  • Pledged Trust Interests means all interests in a Delaware business trust or other trust including, without limitation, all trust interests listed on Schedule 4.4(A) under the heading “Pledged Trust Interests” (as such schedule may be amended or supplemented from time to time) and the certificates, if any, representing such trust interests and any interest of such Grantor on the books and records of such trust or on the books and records of any securities intermediary pertaining to such interest and all dividends, distributions, cash, warrants, rights, options, instruments, securities and other property or proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of such trust interests.

  • Pledged Entity means an issuer of Pledged Shares.

  • Pledged Securities means any promissory notes, stock certificates or other securities now or hereafter included in the Pledged Collateral, including all certificates, instruments or other documents representing or evidencing any Pledged Collateral.

  • Pledged Stock has the meaning assigned to such term in Section 3.01.

  • Pledged Debt has the meaning specified in the Security Agreement.

  • Pledged Funds means all of the Series Pledged Funds.

  • Pledged Debt Instruments means all right, title and interest of any Grantor in instruments evidencing any Indebtedness owed to such Grantor or other obligations, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, including all Indebtedness described on Schedule 5, issued by the obligors named therein. Pledged Debt Instruments excludes any Cash Equivalents that are not held in Controlled Securities Accounts to the extent permitted by Section 5.10.

  • Pledged Uncertificated Stock means any Stock or Stock Equivalent of any Person that is not Pledged Certificated Stock, including all right, title and interest of any Grantor as a limited or general partner in any partnership not constituting Pledged Certificated Stock or as a member of any limited liability company, all right, title and interest of any Grantor in, to and under any Organization Document of any partnership or limited liability company to which it is a party, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, including in each case those interests set forth on Schedule 5, to the extent such interests are not certificated. Pledged Uncertificated Stock excludes any Excluded Property and any Cash Equivalents that are not held in Controlled Securities Accounts to the extent permitted by Section 5.10.

  • Pledged Treasury Securities means Treasury Securities and security entitlements with respect thereto from time to time credited to the Collateral Account and not then released from the Pledge.

  • Initial Pledged Shares means, collectively, with respect to each Pledgor, the issued and outstanding shares of capital stock of each issuer described in Schedule 11 annexed to the Perfection Certificate together with all rights, privileges, authority and powers of such Pledgor relating to such interests in each such issuer or under any Organizational Document of each such issuer, and the certificates, instruments and agreements representing such shares of capital stock and any and all interest of such Pledgor in the entries on the books of any financial intermediary pertaining to the Initial Pledged Shares.

  • Pledged Investment Property means any investment property of any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, other than any Pledged Stock or Pledged Debt Instruments. “Pledged Investment Property” excludes any Excluded Property.

  • Pledged Bonds means any Bond at any time purchased, in whole or in part, with the proceeds of a draw on the Letter of Credit upon tender of such Bond and held by the Trustee as nominee for the Bank pursuant to the provisions of Section 305 of the Indenture.

  • Pledged Indebtedness means the Indebtedness evidenced by promissory notes and instruments listed on Schedule I hereto.

  • Pledged Amount With respect to any Pledged Asset Loan, the amount of money remitted to Combined Collateral LLC, at the direction of or for the benefit of the related Mortgagor.

  • Hedged Share Class or ’Hedged Share Classes’ means (according to the context) a Portfolio Currency Hedged Share Class or a Reference Currency Hedged Share Class.