Pledgor’s Rights definition
Pledgor’s Rights shall have the meaning set forth in Section 6.3.
Examples of Pledgor’s Rights in a sentence
This undertaking shall not limit the Pledgor’s right under Clause 6 (The Pledgor’s Rights) of this Agreement to exercise all rights and powers in respect of the Deposit Account without limitation until such time the Pledgee revokes such authorisation in accordance with Clause 6 (The Pledgor’s Rights) of this Agreement.
The Collateral Agent hereby requires the Custodian to act upon its instructions with respect to the Accounts in accordance with Clause 5.1(b) (Control of Collateral Account by Secured Parties; the Pledgor’s Rights in Collateral Account) of the Agreement.