Examples of Right of Pledge in a sentence
The Right of Pledge shall not be affected by one or more but not all of the Secured Obligations being discharged or the Secured Obligations being amended.
Definition of the Right of Pledge 1.The right of pledge (hereinafter–pledge) is a property right of a pledgee with respect to property of the pledgor, which simultaneously is a means of ensuring the performance of a monetary or other obligation of the debtor to the pledgee.
Public consumption grew by 5.9% (4Q 11: 22.9%) as a result of the continued expansion in Government spending on emoluments and supplies and services.
The Right of Pledge includes a right of pledge in respect of all accessory rights (afhankelijke rechten) and all ancillary rights (nevenrechten) attached to the Shares.
Legal Effect of the Right of Pledge Article 6The creditor whose right of pledge is registered in the Pledge Register has priority to other creditors in satisfying the secured claim, if his claims have not been settled by due date.