Eligible Collateral. (a) As used herein the term “Eligible Collateral” shall mean the amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section 13 of this Pledge Agreement.
Appears in 24 contracts
Sources: Esop Loan Agreement, Loan Agreement (Newport Bancorp Inc), Esop Loan Agreement (Northeast Community Bancorp Inc)
Eligible Collateral. (a) As used herein the term “"Eligible Collateral” " shall mean the amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section 13 of this Pledge Agreement.
Appears in 15 contracts
Sources: Loan Agreement (First Federal Bancshares Inc /De), Loan Agreement (Security Financial Bancorp Inc), Esop Loan Agreement (Liberty Bancorp Inc)
Eligible Collateral. (a) As used herein the term “Eligible Collateral” shall mean the amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section Section 13 of this Pledge Agreement.
Appears in 11 contracts
Sources: Esop Loan Agreement (Delanco Bancorp, Inc.), Esop Loan Agreement (Polonia Bancorp Inc), Esop Loan Agreement (ASB Bancorp Inc)
Eligible Collateral. (a) As used herein the term “"Eligible Collateral” " shall mean the that amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section 13 12 of this Pledge Agreement.
Appears in 6 contracts
Sources: Pledge Agreement (Astoria Financial Corp), Employee Stock Ownership Plan Agreement (Astoria Financial Corp), Pledge Agreement (Astoria Financial Corp)
Eligible Collateral. (a) As used herein the term “Eligible Collateral” shall mean the amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section Section 13 of this Pledge Agreement.
Appears in 4 contracts
Sources: Loan Agreement (William Penn Bancorporation), Esop Loan Agreement (Ottawa Bancorp Inc), Esop Loan Agreement (MB Bancorp Inc)
Eligible Collateral. (a) As used herein the term “"Eligible Collateral” " shall mean the that amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section 13 of this Pledge Agreement.
Appears in 4 contracts
Sources: Loan Agreement (Big Foot Financial Corp), Loan Agreement (Hudson City Bancorp Inc), Loan Agreement (Home Bancorp of Elgin Inc)
Eligible Collateral. (a) As used herein the term “"Eligible Collateral” " shall mean the that amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section 13 2 of this Pledge Agreement.
Appears in 3 contracts
Sources: Loan Agreement (Green Mountain Coffee Inc), Loan Agreement (Warwick Community Bancorp Inc), Loan Agreement (Warwick Community Bancorp Inc)
Eligible Collateral. (a) As used herein the term “Eligible Collateral” shall mean the amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section 13 of this Pledge Agreement.
Appears in 2 contracts
Sources: Loan Agreement (Gouverneur Bancorp, Inc./Md/), Loan Agreement (NorthEast Community Bancorp, Inc./Md/)
Eligible Collateral. (a) As used herein the term “Eligible Collateral” shall mean the that amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section 13 12 of this Pledge Agreement.
Appears in 2 contracts
Sources: Loan Agreement (Westfield Financial Inc), Pledge Agreement (Hudson City Bancorp Inc)
Eligible Collateral. (a) As used herein the term “"Eligible Collateral” " shall mean the amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section Section 13 of this Pledge Agreement.
Appears in 1 contract
Eligible Collateral. (a) As used herein the term “Eligible Collateral” shall mean the that amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Amended and Restated Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section 13 12 of this Amended and Restated Pledge Agreement.
Appears in 1 contract
Eligible Collateral. (a) As used herein the term “"Eligible Collateral” " shall mean the that amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section 13 12 of this Pledge Agreement.. 37
Appears in 1 contract
Sources: Employee Stock Ownership Plan Agreement (Astoria Financial Corp)
Eligible Collateral. (a) As used herein the term “Eligible Collateral” shall mean the amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section permissible under the qualification and exemption requirements referenced in Section 13 of this Pledge Agreement.
Appears in 1 contract