Examples of Pledging Lender in a sentence
Notices and demands shall be addressed to such place(s) as Landlord and Xxxxxx may from time to time designate in writing.
All costs and expenses incurred by a Lender related to a Pledge shall, to the extent not reimbursed by Borrower, be reimbursed by the Pledging Lender or the Loan Pledgee to such Lender.
The Pledging Lender shall promptly reimburse Administrative Agent for any and all out-of-pocket costs and expenses incurred by Administrative Agent in connection with any Pfandbrief Transfer or Additional Transfer.
A Lender that makes a Pfandbrief Pledge is referred to herein as a “Pledging Lender.” Such Pfandbrief Trustee shall be permitted to fully exercise its rights and remedies against the Pledging Lender (including, but not limited to, foreclosing on the Pledging Lender’s Notes) and realize on any and all collateral granted by such Pledging Lender to the Pfandbrief Trustee in accordance with this Section.
A Lender that makes a Pfandbriefe Pledge is referred to herein as a “Pledging Lender.” Such Pfandbriefe Trustee shall be permitted to fully exercise its rights and remedies against the Pledging Lender (including, but not limited to, foreclosing on the Pledging Lender’s Note) and realize on any and all collateral granted by such Pledging Lender to the Pfandbriefe Trustee.
Any Pfandbrief Pledging Lender that is a Defaulting Lender that is still permitted to participate during any period in the administration of the Loans and the Loan Documents pursuant to the foregoing sentence will be referred to hereinafter as a “Pfandbrief Defaulting Lender” for such period.
Unless the Pledged Collateral is of a type customarily sold on a recognized market, the Collateral Agent will send or otherwise make available to the Pledging Lender to which any Pledged Collateral is payable reasonable notice of the time and place of any public sale or of the time on or after which any private sale of such Pledged Collateral is to be made.
The Company shall not make, and no Pledging Lender shall ask for, take or receive any payment or distribution of any kind or character, whether in cash, securities or other property, on account of principal, premium, interest or any other amount constituting or payable with respect to Pledged Debt, except for payments of interest in the form of additional Pledged Debt, provided Section 4.1 is complied with.
Each Pledging Lender shall, at its own expense, perform on request of the Collateral Agent, such acts as may be necessary or advisable in the opinion of the Collateral Agent, or that the Collateral Agent may reasonably request at any time, to assure the validity, perfection and first priority of the Security Interest, to exercise the rights and remedies of the Pari Passu Secured Parties hereunder or to carry out the intent of this Agreement.
The Shareholder Pledge Agreement contemplates that a Pledging Lender, an Affiliate Lender or an Affiliate Party will enter into an Accession Agreement pursuant to which such Pledging Lender, Affiliate Lender or Affiliate Party will agree to be bound by the terms and conditions set forth in the Shareholder Pledge Agreement as if an original party thereto.