Third Party Pledge Holder definition
Examples of Third Party Pledge Holder in a sentence
To this end, the Pledgor and the Third Party Pledge Holder shall in particular execute all documents or instruments and give all notices, orders and directions and make all registrations which the Pledgee may reasonably deem appropriate.
The Third Party Pledge Holder shall neither create or permit to create any security over the Relevant Pledged Assets and ensure that CBL waives any security created pursuant to the CBL Governing Documents in accordance with Attachment 1 hereto.
The Pledgee shall not be liable to the Pledgor or the Third Party Pledge Holder for any costs, losses, liabilities or expenses relating to the realisation of any Relevant Pledged Assets, except to the extent caused by its own gross negligence or wilful misconduct.
The Third Party Pledge Holder agrees, at the Pledgor’s expenses, to take such measures and do such things as reasonably required by the Pledgee to perfect, protect and facilitate the rights of the Pledgee under the Agreement and this Schedule.
The Pledgee and the Pledgor agree, and the Third Party Pledge Holder acknowledge, that the Pledgee shall have no right to use the Relevant Pledged Assets standing to the credit of the Collateral Accounts during the term of the Pledge.
The Third Party Pledge Holder agrees, at the Pledgor’s expenses, to cooperate and take such measures and do such things as reasonably required by the Pledgee to perfect, protect and facilitate the rights of the Pledgee under the Agreement.
The Third Party Pledge Holder agrees, at the Pledgor’s expenses, to cooperate and take such measures and do such things as reasonably required by the Pledgee to perfect, protect and facilitate the rights of the Pledgee under the Agreement and this Schedule 2.
The Third Party Pledge Holder shall not permit any transfer of Relevant Pledged Assets from the credit of the Luxembourg ISA Direct Pledged Securities Accounts, except as permitted by the Clearing Conditions and the Agreement and as long as no Event of Default has occurred.
The Third Party Pledge Holder shall not permit any transfer of Relevant Pledged Assets from the credit of the CmaX Basic Clearing Member Pledged Securities Accounts, except as permitted by the Clearing Conditions and the Agreement and as long as no Event of Default has occurred.
Unless otherwise provided for in the Basic Clearing Member Clearing Agreement, the Clearing Conditions or the Agreement (including this Schedule 2), neither the Pledgor nor the Third Party Pledge Holder shall assign any of its rights or claims under this Schedule 2 except with the prior written consent of all the other Parties.