Release Collateral definition

Release Collateral shall have the meaning set forth in Section 16(d) hereof.
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Release Collateral shall have the meaning provided in Section ------------------ 2.03(c) hereof.
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Release Collateral has the meaning set forth in Section 2.7.
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Examples of Release Collateral in a sentence

  • The provisions of this Section 10 are solely for the benefit of the Agents, the Lenders and the Issuing Lender, and neither the Borrower nor any other Loan Party shall have rights as a third party beneficiary of any such provisions, except as set forth in Section 10.10 [Authorization to Release Collateral and Guarantors].

  • The provisions of this Section 10 are solely for the benefit of the Agents, the Lenders and the Issuing Lender, and neither the Borrower nor any other Loan Party shall have rights as a third party beneficiary of any of such provisions, except as set forth in Section 10.10 [Authorization to Release Collateral and Guarantors].

  • Release Collateral and ----------------------------------------------------------- Liens.

  • The provisions of this Section 10 are solely for the benefit of the Administrative Agent, the Syndication Agent, the Lenders and the Issuing Lender, and neither the Borrower nor any other Loan Party shall have rights as a third party beneficiary of any of such provisions, except as set forth in Section 10.10 [Authorization to Release Collateral and Guarantors; Certain Amendments].

  • At least 30 days in advance of the proposed Release, Borrower shall have delivered a written notice to Lender (the “Release Notice”) describing, by address and contract number, the Release Collateral to be released.

  • The provisions of this Section 10 are solely for the benefit of the Agents and the Lenders, and neither the Borrower nor any other Loan Party shall have rights as a third party beneficiary of any of such provisions, except as set forth in Section 10.6 [Resignation of Agents] or Section 10.10 [Authorization to Release Collateral and Guarantors].

  • Any prepayment fees or other fees and costs of Lender shall be due and payable in addition to the Release Price and payments of such fees and costs shall be a further condition precedent to Lender’s obligation to release any Release Collateral.

  • If any portion of the Release Collateral is subject to lien securing a loan or other credit arrangement other than the Loan from Lender or one of its Affiliates made with respect to such Release Collateral (the “Other Loan”), the Release hereunder does not release such Release Collateral from the lien securing the Other Loan, and such Release Collateral will continue to be encumbered by such lien until such lien is released in accordance with the loan documents relating to the Other Loan.

  • Upon request by the Administrative Agent at any time, the Required Lenders will confirm in writing the Administrative Agent’s authority to release or subordinate its interest in particular types or items of property, or to release any Guarantor from its obligations under this Agreement and other Loan Documents pursuant to this Section 10.10 [Authorization to Release Collateral and Guarantors].

  • The parties agree to execute, deliver and record or file (as appropriate) partial releases, amendments or termination statements, as appropriate, to reflect the release of the Release Collateral.


More Definitions of Release Collateral

Release Collateral means all of the following:
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Release Collateral means (i) the Pledged Interests in FCMC, (ii) certain real property interests commonly known as 0 Xxxxxxxx Xxxxxx, Unit 6, New York, New York, (iii) certain real property interests commonly known as 000 Xxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx, and (iv) up to $650,000 in cash collateral held as security for a credit facility to such Affiliates extended by Huntington and HF (and subject to a second Lien and security interest in favor of the Administrative Agent). In addition, FCMC executed and delivered to the Administrative Agent a certain Limited Recourse Guaranty, dated as of March 31, 2009 (the “FCMC Limited Recourse Guaranty”); and
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Release Collateral shall have the meaning provided in Section 2.21.
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Release Collateral has the meaning set forth in Section 1.08 of the Participation Agreement. 2626 Appendix A Proprietary & Confidential
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Release Collateral means (i) the Pledged Interests in FCMC, (ii) certain real property interests commonly known as (A) 0 Xxxxxxxx Xxxxxx, Unit 6, New York, New York, and (B) 000 Xxxxxx Xxxxxx, Xxx Xxxx, Xxx Xxxx (together, the “FCMC Real Property”), and (iii) up to $650,000 in cash collateral held as security for a credit facility to such Affiliates extended by Huntington and HF (and subject to a second Lien and security interest in favor of the Administrative Agent). In addition, (i) FCMC executed and delivered to the Administrative Agent a certain Limited Recourse Guaranty, dated as of March 31, 2009 (the “FCMC Limited Recourse Guaranty”), and (ii) Holding executed and delivered to the Administrative Agent a certain Limited Recourse Guaranty, dated as of March 31, 2009 (the “Holding Limited Recourse Guaranty”); and
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Related to Release Collateral

  • Collateral has the meaning set forth in Section 2.

  • UCC Collateral is defined in Section 3.03.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Indenture Collateral has the meaning set forth in the Granting Clause of the Indenture.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Acceptable Collateral means any of the following assets of Borrower, if (x) held in or credited to any Collateral Account subject to a first priority Lien under the applicable Security Agreement and (y) the Collateral Requirement has been satisfied with respect thereto:

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • UCC Filing Collateral means any Collateral, including Collateral constituting investment property, for which a security interest can be perfected by filing a UCC-1 financing statement.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • As-Extracted Collateral means “as-extracted collateral” as such term is defined in the Uniform Commercial Code as in effect on the date hereof in the State of New York.

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Released Property shall have the meaning set forth in Section 2.10 hereof.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit L, with such amendments, modifications or supplements thereto as may be approved by the Administrative Agent.

  • Account Collateral means, with respect to each Account, such Account, together with all cash, securities, Financial Assets and investments and other property from time to time deposited or credited to such Account and all proceeds thereof, including, with respect to the Reserve Fund, the Reserve Fund Deposit and the Reserve Fund Amount.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • Possessory Collateral means any Shared Collateral in the possession of a Collateral Agent (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction. Possessory Collateral includes, without limitation, any Certificated Securities, Promissory Notes, Instruments, and Chattel Paper, in each case, delivered to or in the possession of the Collateral Agent under the terms of the First-Lien Security Documents.

  • Negotiable Collateral means all of Borrower’s present and future letters of credit of which it is a beneficiary, drafts, instruments (including promissory notes), securities, documents of title, and chattel paper, and Borrower’s Books relating to any of the foregoing.

  • Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any mortgage, deed of trust, security agreement, pledge agreement, assignment or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.

  • First Priority Lien Obligations means (i) all Secured Bank Indebtedness, (ii) all other Obligations (not constituting Indebtedness) of the Issuers, Holdings and any of Holdings’ Subsidiaries under the agreements governing Secured Bank Indebtedness and (iii) all other Obligations of the Issuers, Holdings or any of Holdings’ Subsidiaries in respect of Hedging Obligations or Obligations in respect of cash management services in connection with Indebtedness described in clause (i) or Obligations described in clause (ii).

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.

  • Control Collateral means any Collateral consisting of any Certificated Security (as defined in Section 8-102 of the Uniform Commercial Code), Investment Property, Deposit Account, Instruments and any other Collateral as to which a Lien may be perfected through possession or control by the secured party, or any agent therefor.