Account Collateral definition

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.

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Account Collateral has the meaning set forth in Section 12.1(d).

Account Collateral means: (i) the Accounts, and all Cash, checks, drafts, certificates and instruments, if any, from time to time deposited or held in the Accounts from time to time; (ii) any and all amounts invested in Permitted Investments; (iii) all interest, dividends, Cash, instruments and other property from time to time received, receivable or otherwise payable in respect of, or in exchange for, any or all of the foregoing; and (iv) to the extent not covered by clauses (i) - (iii) above, all “proceeds” (as defined under the UCC as in effect in the State in which the Accounts are located) of any or all of the foregoing.

Examples of Account Collateral in a sentence

Borrower hereby authorizes Lender to file, and upon ▇▇▇▇▇▇’s request, shall execute and deliver to Lender for filing, a financing statement or statements under the UCC in connection with any of the Accounts and the Account Collateral with respect thereto in the form required to properly perfect Lender’s security interest therein.
Borrower hereby grants to Lender a first priority security interest (subject to a prior ranking security interest of the subject bank for amounts owed to it, subject to the terms of the Lockbox Agreement and Cash Management Agreement, as applicable) in each of the Accounts and the Account Collateral as additional security for the Debt.
Borrower hereby grants to Lender a first priority security interest in each of the Accounts and the Account Collateral as additional security for the Debt.
Borrower hereby authorizes ▇▇▇▇▇▇ to file, and upon ▇▇▇▇▇▇’s reasonable request, shall execute and deliver to Lender for filing, a financing statement or statements under the UCC in connection with any of the Accounts and the Account Collateral with respect thereto in the form required to properly perfect Lender’s security interest therein.

More Definitions of Account Collateral

Account Collateral has the meaning set forth in Section 2.15(a) hereof.

Account Collateral shall have the meaning set forth in Section 3.1.2.

Account Collateral has the meaning set forth in Section 5.01(d).

Account Collateral means all of the Borrowers’ right, title and interest in and to the Accounts, the Reserves, all monies and amounts which may from time to time be on deposit therein, all monies, checks, notes, instruments, documents, deposits, and credits from time to time in the possession of Lender representing or evidencing such Accounts and Reserves and all earnings and investments held therein and proceeds thereof.

Account Collateral has the meaning set forth in the Security Agreement.

Account Collateral means all of the Borrowers' right, title and interest in and to the Accounts, the Reserves, all monies and amounts which may from time to time be on deposit therein, all monies, checks, notes, instruments, documents, deposits, and credits from time to time in the possession of Lender representing or evidencing such Accounts and Reserves and all earnings and investments held therein and proceeds thereof.

Account Collateral means all of the Loan Parties’ right, title and interest in and to the Pledged Accounts, the Reserves, all monies and amounts which may from time to time be on deposit therein, all monies, checks, notes, instruments, documents, deposits, and credits from time to time in the possession of the Administrative Agent representing or evidencing such Pledged Accounts and Reserves and all earnings and investments held therein and proceeds thereof.