Pledged Security Collateral definition

Pledged Security Collateral has the meaning set forth in Section 8.1.

Examples of Pledged Security Collateral in a sentence

  • European courts also link this requirement to the characterization of acts as “confirmatory”, because“a letter that merely confirms an initial decision does not constitute a decision against which an action for annulment may be brought, for it does not bring about a distinct change in its addressee’s position” (judgment of 9 December 2004, case C-123/03 P Greencore v Commission, EU:C:2004:783, paragraph 26).

  • No property other than Pledged Security Collateral shall be deposited by the Pledge Custodian in the Custody Account.

  • The Sponsor shall not be liable for any deficiency, subject to Section 9.11(b) of this Agreement, which sets forth circumstances under which personal liability applies to the Sponsor, if the proceeds of any final sale or other disposition of the Pledged Security Collateral and any other security provided by the Sponsor for its Obligations hereunder is insufficient to pay the Obligations.

  • Notwithstanding any provisions of this Agreement, ownership by and release to the Sponsor (or any Class B Holder designated under Section 8.19) of any Pledged Security Collateral as described hereunder shall be in all respects subject to the provisions of any documents restricting or governing transfers and ownership of such Pledged Security Collateral.

  • So long as the internal procedures set forth in this Section are met by the Pledge Custodian, the Pledge Custodian may hold the Pledged Security Collateral in its vaults or in a commingled account (whether book-entry or otherwise) of the Pledge Custodian, as agent for its customers, with any bank, central depository or clearing organization as the Pledge Custodian’s subcustodian, in nominee name or otherwise.Section 8.12 Appointment and Powers of the Pledge Custodian.

  • Pledged Security Collateral for a total of $30,211,988.07 summary as follows: • Wells Fargo Bank $20,324,109.83 • 1st Financial Bank $ 9,887,878.24 All Voted AYE.

  • Pledged Security Collateral for a total of $36,163,497.56 summary as follows: • Wells Fargo Bank $28,123,905.06 • 1st Financial Bank $ 8,039,592.50 All Voted AYE.

  • The Pledge Custodian shall apply the cash proceeds actually received from any sale or other disposition of the Pledged Security Collateral following an Event of Default as provided in Section 7.2(b).

  • The Pledge Custodian shall not be liable for any loss with respect to any Pledged Security Collateral in its possession (except for any loss resulting from the Pledge Custodian’s willful misconduct or negligence), nor shall such loss diminish the Obligations.

  • Pledged Security Collateral for a total of $69,328,119.95 summary as follows: • Wells Fargo Bank $59,653,874.81 • 1st Financial Bank $ 9,674,245.14 All Voted AYE.

Related to Pledged Security Collateral

  • Security Collateral with respect to any Granting Party, means, collectively, the Collateral (if any) and the Pledged Collateral (if any) of such Granting Party.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Equity Collateral shall have the meaning set forth in Section 11.6 hereof.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • 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.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

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

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • U.S. Collateral means the “Collateral” (or any equivalent term) as defined in the U.S. Security Agreement or any other applicable U.S. Security Document, together with any other assets (whether Real Property or personal property) pledged pursuant to any U.S. Security Document.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Stock Collateral means, collectively, the Collateral described in clauses (a) through (c) of Section 3 hereof and the proceeds of and to any such property and, to the extent related to any such property or such proceeds, all books, correspondence, credit files, records, invoices and other papers.

  • Second Priority Collateral Documents means the Noteholder Collateral Documents and any other agreement, document or instrument pursuant to which a Lien is now or hereafter granted securing any Second Priority Claims or under which rights or remedies with respect to such Liens are at any time governed.

  • 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 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.

  • UCC Collateral is defined in Section 3.03.

  • Collateral has the meaning set forth in Section 2.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Possessory Collateral means any Shared Collateral in the possession of a Collateral Agent (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction. Possessory Collateral includes, without limitation, any Certificated Securities, Promissory Notes, Instruments, and Chattel Paper, in each case, delivered to or in the possession of the Collateral Agent under the terms of the First-Lien Security Documents.

  • 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.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

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

  • Control Collateral means any Collateral consisting of any Certificated Security (as defined in Section 8-102 of the Uniform Commercial Code), Investment Property, Deposit Account, Instruments and any other Collateral as to which a Lien may be perfected through possession or control by the secured party, or any agent therefor.

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

  • Account Collateral means, with respect to each Account, such Account, together with all cash, securities, Financial Assets and investments and other property from time to time deposited or credited to such Account and all proceeds thereof, including, with respect to the Reserve Fund, the Reserve Fund Deposit and the Reserve Fund Amount.