Examples of Pledged Documents in a sentence
In the event the Escrow Agent places the Pledged Documents that have actually been delivered to Escrow Agent in the registry of the Circuit Court in and for Broward County, Florida, and files an action of interpleader naming Pledgor and Pledgee, and other necessary parties, Escrow Agent shall be released and relieved from any and all further obligations and liabilities hereunder or in connection herewith.
Upon such delivery of the Pledged Documents, Escrow Agent's duties hereunder shall terminate.
In the event Escrow Agent has not delivered the Pledged Documents pursuant to subparagraph a.
If Escrow Agent has not received any protest or objection from Pledgor within ten (10) business days of receipt of such affidavit, the Pledged Documents shall be delivered to the Pledgee.
Upon ouch delivery of the Pledged Documents, Escrow Agent's duties hereunder shall terminate.
Assignee may exercise its rights under the Loan Agreement, Security Agreement and this Assignment in accordance with their terms, including, without limitation, the right to succeed to all of Assignor’s right, title and interest in and to all beneficial interest under the Mortgage/Deed of Trust and the Pledged Documents.
The amendments of the Pledged Documents effected hereby shall constitute properly approved amendments and are deemed upon execution and delivery hereof to be properly attached to and made a part of the Pledged Documents and kept as part of the official records of the Borrower.
The Pledgor is the only Person having management rights in respect of the Borrower under the Pledged Documents and under Applicable Law.
The Lenders do not ------------------------------------- assume and shall have no responsibility, obligation or liability to the Purchasers, the Lenders' relationship being solely that of a creditor who has taken, as security for Indebtedness owed to it, an Assignment of Pledged Documents.
Assignee may exercise its rights under the Loan Agreement, Security Agreement and this Assignment in accordance with their terms, including, without limitation, the right to succeed to all of Assignor’s right, title and interest in and to all beneficial interest under the Deed of Trust and the Pledged Documents.