Pledge Agreement definition: Copy, customize, and use instantly
Introduction
The "Pledge Agreement" refers to a legal contract in which a borrower pledges collateral to a lender to secure a loan or debt. It outlines the rights, obligations, and procedures in the event of a default. Pledge agreements are commonly used in financing arrangements to ensure the lender has recourse to the pledged assets if the borrower fails to meet their obligations.
Below are various examples of how "Pledge Agreement" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "Pledge Agreement" for Securing Loans
This definition ties "Pledge Agreement" to securing loans.
"Pledge Agreement" refers to an agreement in which the borrower pledges specific assets to secure a loan, ensuring the lender has a claim on the pledged property in the event of a default.
Definition of "Pledge Agreement" for Collateral Pledge
This definition connects "Pledge Agreement" to collateral pledge.
"Pledge Agreement" means a contract under which a borrower offers personal property or other assets as collateral for a loan, granting the lender the right to seize the pledged property in case of a default.
Definition of "Pledge Agreement" for Asset Protection
This definition links "Pledge Agreement" to asset protection.
"Pledge Agreement" refers to an arrangement wherein a borrower pledges specific assets to protect the lender's interests, securing the loan or other financial obligations by offering assets as collateral.
Definition of "Pledge Agreement" for Default Remedies
This definition applies "Pledge Agreement" to default remedies.
"Pledge Agreement" means an agreement specifying that the lender can seize and sell pledged assets to satisfy the debt if the borrower defaults on their obligations.
Definition of "Pledge Agreement" for Loan Security
This definition ties "Pledge Agreement" to loan security.
"Pledge Agreement" refers to a legal agreement where the borrower pledges assets to the lender as collateral, providing security for the repayment of the loan or financial obligation.
Definition of "Pledge Agreement" for Contractual Obligations
This definition connects "Pledge Agreement" to contractual obligations.
"Pledge Agreement" means an agreement in which a borrower pledges assets as security for the fulfillment of contractual obligations, providing the lender with rights over the pledged assets in the event of default.
Definition of "Pledge Agreement" for Security Interest
This definition links "Pledge Agreement" to security interest.
"Pledge Agreement" refers to an agreement that creates a security interest in specific assets, giving the lender the right to take possession of the pledged collateral if the borrower defaults on the loan.
Definition of "Pledge Agreement" for Personal Guarantee
This definition applies "Pledge Agreement" to personal guarantees.
"Pledge Agreement" means an agreement in which a borrower pledges their personal assets to guarantee repayment of a loan, providing the lender with legal rights to seize those assets in case of default.
Definition of "Pledge Agreement" for Borrower’s Commitment
This definition ties "Pledge Agreement" to the borrower’s commitment.
"Pledge Agreement" refers to a contract where the borrower commits to providing certain assets as collateral for securing a loan, and outlines the lender’s rights to those assets if the borrower defaults.
Definition of "Pledge Agreement" for Loan Default Conditions
This definition connects "Pledge Agreement" to loan default conditions.
"Pledge Agreement" means an agreement under which the borrower pledges assets as collateral for a loan, specifying the conditions under which the lender can seize and liquidate the collateral upon default.
Definition of "Pledge Agreement" for Collateralized Debt
This definition links "Pledge Agreement" to collateralized debt.
"Pledge Agreement" refers to a contract that pledges assets as collateral to secure a debt, outlining the process for the lender to claim the pledged assets in the event of borrower default.
Definition of "Pledge Agreement" for Rights Over Pledged Assets
This definition applies "Pledge Agreement" to rights over pledged assets.
"Pledge Agreement" means a contract that grants the lender specific rights to the pledged assets, including the right to take possession and sell the assets if the borrower fails to fulfill the obligations under the loan.
Definition of "Pledge Agreement" for Enforceability of Claims
This definition ties "Pledge Agreement" to enforceability.
"Pledge Agreement" refers to an agreement that ensures the enforceability of a lender's claims by pledging collateral to secure the repayment of a loan or obligation.
Definition of "Pledge Agreement" for Loan Restructuring
This definition connects "Pledge Agreement" to loan restructuring.
"Pledge Agreement" means an agreement entered into during loan restructuring, where the borrower pledges additional assets to ensure the lender’s claim is secured during the process.
Definition of "Pledge Agreement" for Lender’s Security
This definition links "Pledge Agreement" to lender security.
"Pledge Agreement" refers to an agreement where the borrower pledges assets to provide security to the lender, ensuring that the lender has recourse to the pledged property in case of borrower default.
Definition of "Pledge Agreement" for Secured Debt Transactions
This definition applies "Pledge Agreement" to secured debt.
"Pledge Agreement" means a contract used in secured debt transactions where the borrower pledges collateral to secure the repayment of debt, providing the lender with a legal claim to the assets in case of default.
Definition of "Pledge Agreement" for Borrower Protection
This definition ties "Pledge Agreement" to borrower protection.
"Pledge Agreement" refers to a contract that ensures the borrower retains control over the pledged assets, subject to the lender’s right to claim the assets in the event of default.
Definition of "Pledge Agreement" for Security on Real Property
This definition connects "Pledge Agreement" to real property.
"Pledge Agreement" means a contract under which the borrower pledges real property as collateral for a loan, outlining the terms under which the lender can claim the property in case of default.
Definition of "Pledge Agreement" for Unsecured Financing
This definition links "Pledge Agreement" to unsecured financing.
"Pledge Agreement" refers to an agreement in which assets are pledged to secure a loan, transforming unsecured financing into secured financing by providing the lender with collateral.
Definition of "Pledge Agreement" for Credit Risk Mitigation
This definition applies "Pledge Agreement" to credit risk mitigation.
"Pledge Agreement" means an agreement designed to mitigate credit risk, where a borrower pledges assets to the lender to provide additional security against the risk of default.
Definition of "Pledge Agreement" for Security Interest in Tangible Assets
This definition ties "Pledge Agreement" to tangible assets.
"Pledge Agreement" refers to a legal arrangement in which tangible assets such as equipment, inventory, or real estate are pledged as collateral to secure a loan or other financial obligations.
Definition of "Pledge Agreement" for Corporate Financing
This definition connects "Pledge Agreement" to corporate financing.
"Pledge Agreement" means a contractual agreement in which a corporation pledges assets as collateral to secure financing, giving the lender a legal claim to the pledged assets in case of default.
Definition of "Pledge Agreement" for Real Estate Transactions
This definition links "Pledge Agreement" to real estate transactions.
"Pledge Agreement" refers to an agreement in which real estate is pledged as collateral for securing a financial transaction, outlining the lender’s rights to seize the property in case of default.
Definition of "Pledge Agreement" for Default Remedies and Procedures
This definition applies "Pledge Agreement" to default remedies.
"Pledge Agreement" means a contract that defines the specific remedies and procedures available to the lender if the borrower defaults on the loan, including the right to seize pledged collateral.
Definition of "Pledge Agreement" for Financial Liabilities
This definition ties "Pledge Agreement" to financial liabilities.
"Pledge Agreement" refers to a contract under which the borrower pledges assets as security for the repayment of financial liabilities, ensuring that the lender has recourse to the pledged assets if the borrower defaults.
Definition of "Pledge Agreement" for Securing Equity Financing
This definition connects "Pledge Agreement" to equity financing.
"Pledge Agreement" means a contract in which the borrower pledges equity shares or other equity interests as collateral to secure equity financing, giving the lender a right to the pledged assets in the event of a default.
Definition of "Pledge Agreement" for Borrower’s Default
This definition links "Pledge Agreement" to borrower default.
"Pledge Agreement" refers to an agreement that outlines the lender’s rights to the pledged collateral if the borrower defaults on the financial obligations specified in the agreement.
Definition of "Pledge Agreement" for Investment Fund Financing
This definition applies "Pledge Agreement" to investment fund financing.
"Pledge Agreement" means a legal agreement used in investment fund financing where the borrower pledges assets to secure a loan, ensuring the lender has recourse to the assets if the borrower defaults.
Definition of "Pledge Agreement" for Institutional Lending
This definition ties "Pledge Agreement" to institutional lending.
"Pledge Agreement" refers to an agreement used in institutional lending transactions where the borrower pledges assets as collateral to secure the debt obligations to the lender.
Definition of "Pledge Agreement" for Structured Finance Transactions
This definition connects "Pledge Agreement" to structured finance.
"Pledge Agreement" means a contractual agreement used in structured finance transactions in which the borrower pledges assets to secure the financial obligations under the structure.
Definition of "Pledge Agreement" for Cross-Border Transactions
This definition links "Pledge Agreement" to cross-border transactions.
"Pledge Agreement" refers to an agreement used in cross-border financing arrangements, where assets located in different jurisdictions are pledged to secure a loan, specifying the legal framework for enforcement.
Definition of "Pledge Agreement" for Non-Banking Institutions
This definition applies "Pledge Agreement" to non-banking institutions.
"Pledge Agreement" means an agreement in which non-banking financial institutions may pledge assets as collateral to secure loans or credit facilities from other entities, ensuring the lender has recourse to the collateral if needed.
Definition of "Pledge Agreement" for Pledge of Intellectual Property
This definition ties "Pledge Agreement" to intellectual property.
"Pledge Agreement" refers to an agreement in which intellectual property assets, such as patents or trademarks, are pledged as collateral to secure a loan or other financial obligations.
Definition of "Pledge Agreement" for Trusts
This definition connects "Pledge Agreement" to trusts.
"Pledge Agreement" means a legal arrangement where assets held in trust are pledged to secure a debt, with the trustee ensuring compliance with the terms of the agreement.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.