Pledge of this Note Clause Samples

The "Pledge of this Note" clause establishes that the note itself may be used as collateral to secure an obligation or loan. In practice, this means the holder of the note can pledge it to a third party, such as a lender, to guarantee repayment of another debt or obligation. This clause facilitates the use of the note as a security instrument, thereby enhancing its liquidity and providing assurance to lenders or other parties that they have a claim to the note if the underlying obligation is not fulfilled.
Pledge of this Note. Issuer acknowledges and agrees that this Note may be pledged or charged by Investor to any person in connection with a bona fide margin agreement or other loan or financing arrangement. The pledge of this Note shall not be deemed to be a disposition, however the Investor notify Issuer in writing that this Note has been pledged or charged by Investor. Issuer hereby agrees to execute and deliver, at the expense of the Investor, such documentation as a pledgee or chargee may reasonably request in connection with such a pledge or charge by Investor.
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Related to Pledge of this Note

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  • of this Agreement The primary frequency response requirements contained herein shall apply to both synchronous and non-synchronous Small Generating Facilities.

  • Enforcement of this Agreement The parties agree that irreparable damage would occur in the event that any of the provisions of this Agreement were not performed in accordance with their specific terms or were otherwise breached. It is accordingly agreed that the parties shall be entitled to an injunction or injunctions to prevent breaches of this Agreement and to enforce specifically the terms and provisions hereof in any court of the United States or any state having jurisdiction, this being in addition to any other remedy to which they are entitled at law or in equity.

  • Assignment of this Agreement (a) We may assign, transfer, sub-contract or sell our rights, benefits or obligations under this Agreement at any time to any of our Affiliates or to an unaffiliated third party and you consent to this without us having to notify you. (b) If we do so, or intend to do so, we may give information about you and the Account, including confidential information about you, the Account or this Agreement, to the relevant third party or Affiliate. (c) You may not assign, charge or otherwise transfer or purport to assign, charge or otherwise transfer your rights or obligations under this Agreement or any interest in this Agreement, without our prior written consent, and any purported assignment, charge or transfer in violation of this clause shall be void.

  • Duration of this Agreement The Term of this Agreement shall be as specified in Schedule A hereto.