Pledgee definition

Pledgee shall have the meaning set forth in the first paragraph hereof.

Pledgee shall have the meaning provided in the Pledge Agreement.

Pledgee shall have the meaning assigned to such term in Section 17 hereof.

Examples of Pledgee in a sentence

• The rights of a Note Pledgee under this Section 14(c) shall remain effective as to any Note Holder (and any Servicer) unless and until such Note Pledgee shall have notified any such Note Holder (and any Servicer, as applicable) in writing that its interest in the pledged Note has terminated.

• Note Pledgee shall be permitted to exercise fully its rights and remedies against the pledging Note Holder to such Note Pledgee (and accept an assignment in lieu of foreclosure as to such collateral), in accordance with applicable law and this Agreement.

• Any pledging Note Holder hereby unconditionally and absolutely releases each other Note Holder and any Servicer from any liability to the pledging Note Holder on account of such other Note Holder’s or Servicer’s compliance with any Redirection Notice believed by any Servicer or such other Note Holder to have been delivered by a Note Pledgee.

• A Note Pledgee shall be permitted to exercise fully its rights and remedies against the pledging Note Holder to such Note Pledgee (and accept an assignment in lieu of foreclosure as to such collateral), in accordance with applicable law and this Agreement.

• The rights of a Note Pledgee under this Section 12(d) shall remain effective as to any Holder (and any Servicer) unless and until such Note Pledgee shall have notified such Holder (and any Servicer, as applicable) in writing that its interest in the pledged Note has terminated.

More Definitions of Pledgee

Pledgee has the meaning set forth in Section 2(d)(i) hereof.

Pledgee means any of them.

Pledgee is defined in the preamble.

Pledgee has the meaning attributed thereto in the Recitals of this Agreement.

Pledgee as defined in subsection 11.15.

Pledgee has the meaning specified in the preamble to this Agreement.

Pledgee means any lender who has made a loan to a Holder or any Permitted Transferee or any affiliate thereof and to whom either a Holder, any Permitted Transferee or affiliate thereof has pledged their direct or indirect interests in any Subject Interests as security for such loan.