Rights of the Pledgee. The Pledgee shall hold the Pledge to be created or given in its favour pursuant to this Agreement (upon trust for the benefit of the Beneficiaries) on the terms and subject to the conditions set out in the Group Intercreditor Deed and the Security Trust Agreement.
Appears in 2 contracts
Sources: Accounts Pledge Agreement (Wakefield Cable Communications LTD), Share Pledge Agreement (Wakefield Cable Communications LTD)