AMOUNT OF THE PLEDGE Sample Clauses

The "Amount of the Pledge" clause defines the specific sum of money or value of assets that a party commits to provide as security or support under an agreement. This clause typically details the exact figure or method for calculating the pledged amount, and may outline whether the pledge is a fixed sum, a percentage of an obligation, or subject to adjustment based on certain conditions. Its core practical function is to ensure clarity and certainty regarding the extent of the party's commitment, thereby reducing the risk of disputes over the pledged amount.
AMOUNT OF THE PLEDGE. The amount for which the pledge is hereby granted is TEN BILLION DOLLARS ($10,000,000,000), plus interest thereon at the rate of 25% per annum from the date hereof.
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AMOUNT OF THE PLEDGE. The amount of the commercial enterprise pledge is required to be determined in the pledge agreement and it must be in Turkish Lira, regardless of the currency of the receivable owed to the pledgee. If the amount of the receivable is unspecified, the maximum amount secured by the commercial pledge should be agreed by the relevant parties and duly registered with the relevant Trade Registry.
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AMOUNT OF THE PLEDGE. The amount for which the pledge is granted is Cdn.$900,000,000, plus interest thereon at the rate of 25% per annum from the date hereof.
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AMOUNT OF THE PLEDGE. The amount for which the pledge is granted is Cdn.$20,000,000 in lawful money of Canada, plus interest thereon at the rate of 25% per annum from the date hereof.
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Related to AMOUNT OF THE PLEDGE

  • Amount of the Grant 4.1 The Commissioner has agreed funding of up to the Grant Amount, subject to compliance by the Recipient with the terms of this Grant Agreement.

  • Amount of Credit Any reference herein to the amount of credit outstanding means, at any particular time: (a) in the case of a Canadian Prime Rate Loan or CDOR Loan, the Dollar Equivalent of the principal amount thereof; and (b) in the case of a LIBOR Loan or U.S. Base Rate Loan, the principal amount of such Loan.

  • Outstanding Debt CONTRACTOR shall have no outstanding debt with COUNTY, or shall be in the process of resolving outstanding debt to ADMINISTRATOR’s satisfaction, prior to entering into and during the term of this Contract.

  • Outstanding Obligations Borrower shall have no obligations as of the date of this Agreement except those approved by HUD in writing and, except for those approved obligations, the Land has been paid for in full (or if the Land is subject to a leasehold interest, it must be subject to a HUD-approved lease), and is free from any liens or purchase money obligations, except as approved by HUD. As of the date hereof, all contractual obligations relating to the Project have been fully disclosed to HUD.

  • Outstanding Stock All issued and outstanding shares of capital stock and equity interests in the Company have been duly authorized and validly issued and are fully paid and non-assessable.