Examples of Collateral in a sentence

Unless the Collateral is perishable or threatens to decline speedily in value or is of a type customarily sold on a recognized market, Credit Union will give you “reasonable notice” of the time and place of any public sale or of the time after which any private sale or other intended disposition of the Collateral will be made.
In the event of such a taking of possession, you and Credit Union have the rights and duties concerning the Collateral, and otherwise, as provided by law or this Security Agreement.
You promise to assemble the Collateral and deliver it to Credit Union at a reasonable and convenient time and place.
After taking possession of the Collateral, the Credit Union can sell it and apply the net proceeds to any amount you owe it.
The Goods, proceeds and any product or mass that the Goods may be or become part of are referred to in this Agreement collectively as Collateral.

More Definitions of Collateral

Collateral all property of the Loan Parties, now owned or hereafter acquired, upon which a Lien is purported to be created by any Security Document.

Collateral as defined in the Security Agreement.

Collateral is any and all properties, rights and assets of Borrower described on Exhibit A.

Collateral has the meaning set forth in Section 3.1 hereof.

Collateral is defined in Section 2.1.

Collateral as defined in Section 3.

Collateral means all of the “Collateral” referred to in the Collateral Documents and all of the other property that is or is intended under the terms of the Collateral Documents to be subject to Liens in favor of the Administrative Agent for the benefit of the Secured Parties.