Sentence examples for pledge agreement from inspiring English sources
(2) Could this pledge agreement be validated by changing the law which was in force when the transaction was initiated?
"The purchasers, including Chester, each signed a subscription agreement, a promissory note and a pledge agreement," the S.E.C. said.
Appellant insists that the contract could not be validated by changing the law which was in force when the pledge agreement was made.
This contractual relationship, established by the pledge agreement and deposits made thereunder, continued to exist until the bank was closed October 18 , 1930
The receiver for the closed bank at first recognized the pledge agreement as valid and enforceable and accordingly paid the county the income he received from the pledged securities.
In 1935, however, the receiver filed this suit in equity in the federal District Court for the Northern District of Florida, alleging that the pledge agreement was ultra vires and illegal and praying that it be canceled and annulled.
To determine that Congress did not intend to validate pledge agreements existing when the amendment was passed would greatly limit its curative effect.
Part of the problem is the complexity of the deal, which requires unwinding dozens of so-called negative pledge agreements, people involved in the discussions said.
The question presented is whether the National Bank Enabling Amendment of June 25 , 1930(12 U.S.C.A. § 90), which granted power to national banks to secure deposits of public funds, validates or makes deposits of public funds, validates or makes enforceable previous pledge agreements made to protect such funds deposited before the enabling amendment became effective.
An official statement has interesting details call dates, sources and uses of cash, pledge agreements and more.
Pledging "complete agreement" with French plans to recast the CAP, his German counterpart, Horst Seehofer, pours scorn on the idea that the developing world would be helped by reducing European farm protection.
