Pledged Item definition

Pledged Item means any Transaction Item which is the subject of a Pledge.

Pledged Item means any Pledged Mortgage or Pledged Security.

Pledged Item has the meaning set forth in clause (i) of the definition of “Collateral”.

Examples of Pledged Item in a sentence

• Upon delivery of any such Pledged Item under this Agreement, Secured Party shall examine (or cause the Custodian to examine) such Pledged Item and any certificates delivered pursuant to Section 5(b) or otherwise pursuant to the terms hereof in connection therewith to determine that they comply as to form with the requirements for Eligible Collateral.

• Upon delivery of any such Pledged Item under this Agreement, Secured Party shall examine such Pledged Item and any certificates delivered pursuant to Section 5(b) or otherwise pursuant to the terms hereof in connection therewith to determine that they comply as to form with the requirements for Eligible Collateral.

• Upon delivery of any Pledged Item under this Collateral Agreement, the Collateral Agent shall examine such Pledged Item and any opinions and certificates delivered pursuant to Sections 6(b) or (c) or otherwise pursuant to the terms hereof in connection therewith to determine that they comply as to form with the requirements for Eligible Collateral.

• Upon delivery of any Pledged Item under this Agreement, the Collateral Agent shall examine such Pledged Item and any opinions and certificates and other instruments delivered pursuant to Sections 5.2 or 5.3, this Section 5.4 or otherwise pursuant to the terms of this Agreement in connection therewith to determine that they comply as to form with the requirements for Eligible Collateral.

• Upon delivery of any Pledged Item under this Collateral Agreement, the Collateral Agent shall examine such Pledged Item and any certificates delivered pursuant to Sections 6(b), 6(c), 6(d)(3) or otherwise pursuant to the terms hereof in connection therewith to determine that they comply as to form with the requirements for Eligible Collateral.

• The Bank is not responsible and will not be liable for any cost, loss or expense in relation to any Pledged Item.

• The Bank may deal with and take any action in relation to, any Pledged Item, including selling, disposing, transporting, warehousing, landing or insuring any Pledged Item or making a claim on any insurance policy.

• Each Borrower must reimburse the Bank on demand in relation to any cost or expense the Bank incurs in relation to the Bank’s dealing or taking action in relation to any Pledged Item.

• Each Borrower will hold any Delivered Pledged Item on trust for the Bank (unless the Bank stipulates otherwise), and the Bank’s Pledge over such Delivered Pledged Item will continue.

• Upon delivery of any such Pledged Item under this Agreement, the Securities Intermediary shall examine such Pledged Item and any certificates delivered pursuant to Section 8(b) or otherwise pursuant to the terms hereof in connection therewith to determine that they comply as to form with the requirements for Eligible Collateral.

More Definitions of Pledged Item

Pledged Item means any FSA Common Stock or Cash Equivalent that is from time to time designated as Collateral by the Company and the Collateral Agent or the Custodian pursuant to this Agreement, the Security Agreement or the Control Agreement.

Pledged Item means any Transaction Document or Goods which is the subject of the Pledge;