Secured Interest definition

Secured Interest is defined in Section 2.1(a).

Secured Interest has the meaning given to such term at Clause 2.1(a) (Consent to Assignment).

Secured Interest has the meaning set forth in Section 8.03.

Examples of Secured Interest in a sentence

• The SFMTA will not recognize any security interest in a Transferable Medallion that is not filed and reported in compliance with this rule.(3) Release of Secured Interest.

• Notwithstanding the foregoing, Seller shall not be required to provide a Secured Interest in the Site or in such real and personal property rights, contractual rights or other rights that Seller requires in order to construct or Operate the Generating Facility (or portions thereof) if such encumbrance is expressly prohibited or consent to encumber is required by Seller’s underlying rights to the Site or is prohibited by any Applicable Law, and Seller shall provide evidence to SCE of such prohibition.

• The requirement for a Lender’s policy of title insurance shall apply to any Secured Interest encumbering real property interests delivered or to be delivered to SCE under the terms of this Power Purchase Agreement.

• Use the steps outlined below if the dealer had their purchaser complete a Notice of Assignment of Secured Interest in a Vehicle form (TR-210) at the time they signed the RD-108.

• The following incentives will be available to the SAIL Dealer under the scheme:  Secured Interest Free Credit for 15 days or Cash Discount in lieu.

More Definitions of Secured Interest

Secured Interest means an interest that is reserved or created by an agreement under applicable law and that secures payment or the performance of an obligation.

Secured Interest and "XXXXX Portion TPn" as defined therein (such amendment to be subject to, and revised to comply with, the limitations set forth in Section 42.4(b)(i)-(ii)), provided that (I) the timing and quantum of such increases with respect to both principal and interest shall be made in accordance with the terms of the Concessionaire's Phase 1 Excess Financing Amount financing and (II) the increased "XXXXX Portion TPn" shall not exceed the "Maximum Annual XXXXX Portion" (each as defined in Table 4 of Part H (XXXXX Secured Payments) of Attachment 11 (Service Payments)) in any Contract Year; (y) the Base Annual Service Payments will be adjusted (upward or downward) to reflect the financial impact of the actual change, if any, in the cost of raising the Phase 1 Excess Financing Amount, on the ability to achieve the Base Case Equity IRR, the same debt service coverage ratio, the same Debt to Equity Ratio and other reasonable and customary financial ratios as set forth in the Financial Model; and (z) the Principal Limit and the Total Limit will be adjusted in accordance with Section 30.3(g);

Secured Interest shall refer to a security interest in all assets of the Epixtar Companies subordinate to present security interests, any future institutional financing, accounts receivable financing and private and public debt securities.

Secured Interest includes any mortgage, charge, assignment with equity of redemption, encumbrance, lien, pledge, trust, sale and leaseback or buyback arrangement, hire purchase, financial lease, retention of title, and any other arrangement by which a creditor obtains security over an asset or contingent asset of a company, and includes any such interest imposed on or suffered by a company by court order or otherwise by law. Definitions in the Principal Agreement: In this Agreement, any term not defined in this Agreement but which is defined in the Principal Agreement will, unless the context otherwise requires, have the meaning given to that term in the Principal Agreement.

Secured Interest means second charge by way of hypothecation over all moveable assets and properties (available from time to time) of the Company situated in the Company’s Bengaluru cyber park data centre located at 1st & 3rd floor, Cyber Park, Plot no.76, 77 & 78 in Survey number 66 & 67 (Part), Doddathodgur Village, Begur Hobbli, Bangalore South Taluk, Karnataka.

Secured Interest. The Note shall be secured by all of the assets of the Company and shall be senior to all other security interests in the assets of the Company, other than the security interest held by GE Access.

Secured Interest. Second charge over the identified movable assets of the Company as acceptable to the Investor in any of the following data centre locations: (i) “Cyber Park”, 1st & 3rd Floor. in Pxxx Xx.00, 00, Xxxxxxxxxxx Village, Begur, Hobbli, Bengaluru – 560 100; or (ii) “Tidel Park”, 2nd Floor, Nx.0, Xxxxx Xxxxxx Salai, Taramani, Chennai - 600 113; or (iii) 4th or 5th or 6th Floor, at Nx. 00, Xxxxx Xxxxxxxxxx Xxxxxx, Xxxxxx, Xxxxxx – 400 708; or (iv) T-251 & T-000, Xxxxx Xxxxxxx, Xxxxx Railway Station, Mumbai - 400 703; or (v) Pxxx Xx.0, Xxxxx – X, Xxxxxx – 132, Noida, Gxxxxxx Budh Nagar, U.P – 201 304.