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 term “pledge” refers to the Pledgee’s priority right to be repaid with the proceeds from the sale, auction or disposal of the equity interests pledged by the Pledgor to the Pledgee.
If any Master Agreement becomes invalid or is revoked or canceled for any reason, the Pledgee shall have the right to immediately realize its pledge in accordance with the provisions of Clause 11 hereof.
Xxxxxx agrees that the Pledgor shall pledge the relevant equity interests to the Pledgee in accordance with this Agreement.
When the Pledgee assigns its rights and obligations under the Master Agreement, a written notice shall only be given by the Pledgee to the Pledgor, and the Pledgor shall sign any agreements and/or documents in relation to the assignment at the request of the Pledgee.
In the event of the Pledgor’s death, the Pledgor agrees that its rights and obligations under this Agreement shall be immediately assigned to any persons designated by the Pledgee for succession.

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

Pledgee means any of them.

Pledgee means a financing party to which an electric utility or its successors or assignees mortgages,

Pledgee is defined in the preamble.

Pledgee means a financing party to which an electric or natural gas public utility, or its successors or assignees, mortgages, negotiates, pledges or creates a security interest or lien on all or any portion of its interest in or right to securitized utility tariff property.

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

Pledgee as defined in subsection 11.15.