См. также: pledged asset, Pledged Account Terms and Conditions, plea of insanity, please state your height and weight
pledgor – someone who makes a pledge or someone who deposits something as a pledge. The pledgor gives the pledgee (the lender) some rights but does not part with all rights of ownership. (translegal.com)
The Pledgor hereby pledges to the Pledgee, and grants to the Pledgee a continuing security interest in, the following (collectively, the “Pledged Collateral”): (Law Insider)
For example, in Schram v. Sage, 46 F. Supp. 381 (E.D. Mich. 1942), the court cited the Restatement of Security § 8 and held that where stock certificates were in the possession of a bank, as senior pledgee, a subsequent pledge agreement between the pledgor and a junior pledgee, of which the bank had notice, created a pledge junior to the bank's pledge. Id. at 383. (Fordham Law Review)
The Pledgor further confirms that it has also decided, in as far as legally required and permitted, to accept any new shareholder who would acquire the Shares as the result of an enforcement of the Pledge over the Shares. (SUBORDINATED PLEDGE AGREEMENT)
• pledgor
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