Note Pledge Agreement

Note Pledge Agreement. Means a security agreement, pledge agreement, control agreement or other documents relating to any Purchase Money Note and the related Letter-of-Credit Rights (as defined in the Uniform Commercial Code as enacted from time to time in the State of New York) 2 or rights associated with other credit enhancement for such Purchase Money Note as the Administrative Agent may require in order to cause Administrative Agent to have a perfected, first priority security interest therein. Such... documents shall be in form and substance satisfactory to the Administrative Agent in its sole discretion and be accompanied by legal opinion(s) to Administrative Agent in form and substance satisfactory thereto relating to the security interest granted therein and such other matters as Administrative Agent may request. View More

Note Pledge Agreement. Shall mean the Note Pledge Agreement with respect to the Disputanta Note executed and delivered by LESCO to the Agent for the benefit of the Lenders.