Louisiana Agreement Pledge of Stock and Collateral for Loan
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How to fill out Agreement Pledge Of Stock And Collateral For Loan?
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FAQ
Pledged Debentures means the Debentures and security entitlements with respect to them from time to time credited to the Collateral Account and not then released from the Pledge.
Noun. a solemn promise or agreement to do or refrain from doing something: a pledge of aid; a pledge not to wage war. something delivered as security for the payment of a debt or fulfillment of a promise, and subject to forfeiture on failure to pay or fulfill the promise.
When someone makes a pledge, they make a serious promise that they will do something. The meeting ended with a pledge to step up cooperation between the six states of the region. Synonyms: promise, vow, assurance, word More Synonyms of pledge.
Pledge is a contract by and between (i) a debtor (or a third party for the debtor), known as the pledgor, and (ii) a creditor, known as the pledgee, which is created as security in favour of the pledgee for an obligation of the pledgor.
Pledge and Security Agreement: A contract between two parties, in which one party (the borrower) grants the other party (the secured party) the right to take possession of and use certain assets (the collateral) as security for a debt or other obligation.
He left his car as a pledge that he would return with the money. Verb Her family pledged $100,000 toward the construction of a new school. He called to pledge money to the charity. Every morning, we pledge allegiance to the flag.
Pledges are important because they demonstrate a commitment to a cause or goal. They can also be used as a tool to secure financing or to establish trust between parties.