ICI COLLATERAL Sample Clauses

ICI COLLATERAL. Section 4.01 Possession of ICI Collateral 20 Section 4.02 Pro rata Interest 21 Section 4.03 ICI Indenture Trustee’s Appointment as Attorney-in-Fact 21 Section 4.04 Representation and Warranty of Title 22 Section 4.05 Administration of ICI Collateral 23 RIGHTS OF ICI NOTEHOLDERS; ALLOCATION AND APPLICATION OF ICI COLLECTIONS; ICI GLOBAL REQUISITE MAJORITY Section 5.01 Rights of ICI Noteholders 23 Section 5.02 ICI Collections and Allocations 24 Section 5.03 Determination of ICI Global Requisite Majority 24 Section 6.01 Payment of Principal and Interest; Payment of Taxes 24 Section 6.02 Maintenance of Office 25 Section 6.03 Corporate Existence 25 Section 6.04 Protection of ICI Collateral 25 Section 6.05 Performance of Obligations 26 Section 6.06 Negative Covenants 26 Section 6.07 Activities of ICI 28 Section 6.08 No Bankruptcy Petition 29 Section 6.09 Liens 29 Section 6.10 Other Debt 29 Section 6.11 Guarantees, Loans, Advances and Other Liabilities 29 Section 6.12 Consolidation, Merger and Sale of Assets 30 Section 6.13 Other Agreements 30 Section 6.14 Amendments to Certain Documents; Exercise of Rights Under ICF Relevant Documents and Lessor Relevant Documents 30 Section 6.15 Capital Expenditures 31 Section 6.16 Other Activities 31 Section 6.17 Compliance with Laws 31 Section 6.18 Investment Company Act 31 Section 6.19 Payments of ICI Collateral 31 Section 6.20 Reserved 31 Section 6.21 Indemnification 31 Section 6.22 Books and Records 32 Section 6.23 Taxes 32 Section 6.24 Subsidiaries 32 Section 6.25 Investments 32 Section 6.26 Use of Proceeds; Margin Regulations 32 Section 6.27 ICI Asset Base Certificate 33 Section 6.28 Notices and Reports 33 Section 6.29 Trade Names 35 Section 6.30 Independent Member 35 Section 6.31 Insolvency 35 Section 6.32 Membership Interests 35 Section 6.33 Security Interest 35 Section 6.34 Enforcement of ICF Obligations and Lessor Obligations 36 Section 6.35 Reserved 36 Section 6.36 Charter Documents 36 Section 6.37 Other Information 37 Section 6.38 True and Complete Disclosure 37 Section 6.39 Rating Agency Security Interest Representations 38 Section 6.40 Pension and Welfare Plans 39 Section 6.41 Substantive Consolidation and True Sale 39 Section 6.42 Minimum Net Worth 39 Section 6.43 No Material Litigation 39 Section 7.01 Full Discharge 39 Section 7.02 Prepayment of ICI Notes 40 Section 7.03 Unclaimed Funds 41 Section 7.04 Payments, Computations, Etc. 41 Section 8.01 ICI Event of Default 42 Section 8.02 Acceleration of Expected Mat...
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Related to ICI COLLATERAL

  • Possessory Collateral Immediately upon Borrower's receipt of any portion of the Collateral evidenced by an agreement, Instrument or Document, including, without limitation, any Tangible Chattel Paper and any Investment Property consisting of certificated securities, Borrower shall deliver the original thereof to Lender together with an appropriate endorsement or other specific evidence of assignment thereof to Lender (in form and substance acceptable to Lender). If an endorsement or assignment of any such items shall not be made for any reason, Lender is hereby irrevocably authorized, as Borrower's attorney and agent-in-fact, to endorse or assign the same on Borrower's behalf.

  • Collateral Each of the Banks represents to the Agent and each of the other Banks that it in good faith is not relying upon any "margin stock" (as defined in Regulation U) as collateral in the extension or maintenance of the credit provided for in this Agreement.

  • Security Interest and Collateral To secure the payment and performance of the Obligations, Borrower hereby grants Lender a security interest (herein called the "Security Interest") in the following Collateral, whether now owned or hereafter acquired by Borrower and wherever located, and all products and proceeds thereof: (a) Crops, whether annual or perennial, whether grown, growing or to be grown, and whether harvested or unharvested, the products and proceeds thereof and stored grain (including all of the foregoing designated as inventory) and any negotiable or nonnegotiable documents, scale tickets and the like resulting from the storage thereof; also seed, fertilizer, chemicals, and other supplies used or produced by Borrower in farming operations; also accounts, contract rights (including proceeds from insurance policies covering the other Collateral), instruments, documents and general intangibles, whether now owned or hereafter acquired and wherever located; hedging and commodity accounts or agreements, now or hereafter or in effect, together with all rights in and to such accounts or agreements and all payments due or to become due thereunder. (b) Livestock (including livestock in gestation) and their young, products and proceeds and progeny thereof and produce thereof, including all livestock designated as inventory; also feed, medicines and other supplies used or produced by Borrower in farming operations; also accounts, contract rights (including proceeds from insurance policies covering the other Collateral), instruments, documents and general intangibles, whether now owned or hereafter acquired and wherever located; hedging and commodity accounts or agreements, now or hereafter or in effect, together with all rights in and to such accounts or agreements and all payments due or to become due thereunder. (c) All of Borrower’s equipment and machinery, and all accessions and attachments thereto and replacements and substitutions therefore (the Equipment). Borrower shall not remove any of the Collateral from locations disclosed in this Agreement, nor sell, convey or encumber said Collateral, provided, however, that Borrower may sell said Collateral or any part thereof if, and only if: (i) the proceeds of such sale are made payable jointly to Lender and Borrower if requested by ▇▇▇▇▇▇, it being specifically understood and agreed that all Obligations secured by the Collateral to the extent of the sale price shall be due and payable at the time of such sale; and (ii) Borrower sells the Collateral only to buyers listed on the Credit Application if required pursuant to the terms of Subsection 2(c) below.

  • Security Interest in Collateral The provisions of this Agreement and the other Loan Documents create legal and valid Liens on all of the Collateral in favor of the Administrative Agent, for the benefit of the Secured Parties, and such Liens constitute perfected and continuing Liens on the Collateral, securing the Secured Obligations, enforceable against the applicable Loan Party and all third parties, and having priority over all other Liens on the Collateral except in the case of (a) Permitted Encumbrances, to the extent any such Permitted Encumbrances would have priority over the Liens in favor of the Administrative Agent pursuant to any applicable law or agreement and (b) Liens perfected only by possession (including possession of any certificate of title) to the extent the Administrative Agent has not obtained or does not maintain possession of such Collateral.

  • Assemble Collateral Lender may require Grantor to deliver to Lender all or any portion of the Collateral and any and all certificates of title and other documents relating to the Collateral. Lender may require Grantor to assemble the Collateral and make it available to Lender at a place to be designated by Lender. Lender also shall have full power to enter upon the property of Grantor to take possession of and remove the Collateral. If the Collateral contains other goods not covered by this Agreement at the time of repossession, Grantor agrees Lender may take such other goods, provided that Lender makes reasonable efforts to return them to Grantor after repossession.