Acceptable Collateral definition

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:
Acceptable Collateral means: (i) a Letter of Credit; and/or (ii) a cash amount (in pounds) transferred to the credit of a Reserve Account;
Acceptable Collateral means Collateral in form and substance in all respects acceptable to Citibank, in its discretion, for the purposes of securing my Liabilities.

Examples of Acceptable Collateral in a sentence

  • Acceptable collateral may be in the form of cash or U.S. Government securities, such as Treasuries and Agency Bonds.


More Definitions of Acceptable Collateral

Acceptable Collateral means cash, cash equivalents, letters of credit, and direct obligations, or securities that are fully guaranteed as to principal and interest by the United States government.
Acceptable Collateral means (i) a Letter of Credit; and/or (ii) a cash amount (in pounds) transferred to the credit of a Reserve Account;
Acceptable Collateral means the following:
Acceptable Collateral means, as to repurchase transactions:
Acceptable Collateral. , in relation to a holder, means any collateral that —
Acceptable Collateral means any of the following:
Acceptable Collateral means (a) any Letter of Credit, (b) any Oil & Gas Collateral, or (c) any Other Collateral.