Bailee Agreement means a Bailee Agreement among Seller, Buyer and Bailee in the form of Exhibit IV hereto.
Bailee Agreement means an agreement in form and substance reasonably acceptable to the Administrative Agent and executed by a Person (other than an Obligor, a Loan Party or any of their respective Affiliates) that is in possession of any Collateral pursuant to which such Person acknowledges the Lien of the Administrative Agent for the benefit of the Secured Parties.
Bailee Agreement shall have the meaning specified in the Custodial Agreement.
Examples of Bailee Agreement in a sentence
Unless otherwise expressly permitted by the Secured Party in a Transaction Document or other writing executed by the Secured Party, such Debtors shall not (a) change the location of its chief executive office or principal place of business, or (b) other than Goods that are stored with an Acceptable Bailee that has entered into a Bailee Agreement satisfactory to the Secured Party, locate, store or maintain any of the Collateral at any location other than a Designated Location.
Prior to giving any Bailee possession of any Goods, the Debtors shall furnish to the Secured Party a written Bailee Agreement satisfactory to the Secured Party executed by the Debtors and such Bailee.
More Definitions of Bailee Agreement
Bailee Agreement. A bailee agreement substantially in the form acceptable to Buyer. Bankruptcy Code: Title 11 of the United States Code, now or hereafter in effect, as amended, or any successor thereto.
Bailee Agreement means a bailee agreement or warehouse agreement in form and substance reasonably acceptable to Lender.
Bailee Agreement. The Bailee Agreement among the Seller, the Purchaser and the Bailee in the form of Annex 13 to the Custodial Agreement.
Bailee Agreement means, the Bailee Agreement among the applicable Borrower, the Administrative Agent and the Bailee in the form of Annex 13 to the Custodial Agreement.
Bailee Agreement. An agreement between Bailee, Seller and Buyer substantially in the form attached hereto as Exhibit H, wherein such Bailee in possession of the Mortgage Loan Documents identified in such Bailee Agreement (a) acknowledges receipt of such Mortgage Loan Documents, (b) confirms that Bailee is holding the same as bailee of Buyer under such Bailee Agreement and (c) agrees that Bailee shall deliver such Mortgage Loan Documents to the Custodian in accordance with this Agreement and the Custodial Agreement.