Borrower Collateral definition

Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:

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Borrower Collateral shall have the meaning assigned to it in Section 7.01 of the Funding Agreement.

Borrower Collateral has the meaning set forth in Section 13.1.

Examples of Borrower Collateral in a sentence

• A Secured Party may submit a bid in any liquidation or sale of the Borrower Collateral allocated to the 2025-B Reference Pool under Section 6.6(a)(iii) of the Credit and Security Agreement.

• The 2025-B Exchange Note will be payable solely from Exchange Note Available Funds, the proceeds of the other Borrower Collateral and any Shared Amounts allocated to the 2025-B Exchange Note under Section 5.1, in each case, according to the priorities in Section 5.1. For purposes of determining the 2025-B Collections, the Leases and Leased Vehicles will be deemed to have been allocated to the 2025-B Reference Pool from and after the related Cutoff Date.

• Each Borrower confirms its Grant under the Credit and Security Agreement of a security interest in the Borrower Collateral, including the 2025-B Reference Pool, to the Collateral Agent, for the benefit of the Secured Parties.

• The Titling Companies' obligations under the 2025-B Exchange Note are secured solely by the Borrower Collateral, and a claim under this Indenture or a Note issued under this Indenture against a Titling Company will be limited in recourse to the 2025-B Reference Pool and the other Borrower Collateral available for payment on the 2025-B Exchange Note under the Exchange Note Supplement.

More Definitions of Borrower Collateral

Borrower Collateral has the meaning set forth for the term “Collateral” as defined in the Security Trust Agreement.

Borrower Collateral has the meaning specified in Section 4(a) hereof.

Borrower Collateral means all of Borrower’s now owned or hereafter acquired right, title, and interest in and to all property, including, without limitation, each of the following (in each case excluding the Retained Interest and Excluded Amounts):

Borrower Collateral shall have the meaning set forth in Section 2.17.

Borrower Collateral means (a) the Leases, (b) the Leased Vehicles, (c) all Collections on the Leases and the Leased Vehicles, (d) rights to receive proceeds from claims on insurance companies for (i) insurance policies maintained under Section 5.15 of the Credit and Security Agreement and (ii) insurance covering the Leased Vehicle or Lessee, (e) Dealer Recourse for the Leases, (f) the Lease Files, (g) all "security entitlements" (as defined in Section 8-102 of the UCC) relating to the Revolving Facility Collection Account and all Exchange Note Collection Accounts and the property deposited in or credited to the Revolving Facility Collection Account and any of the Exchange Note Collection Accounts, (h) all present and future claims, demands, causes of action and choses in action relating to the property described above and (i) all payments on or under and proceeds of the property described above.

Borrower Collateral means all of Borrower’s tangible and intangible personal property (including accounts, inventory, equipment, general intangibles, documents, chattel paper, instruments, letter-of-credit rights, investment property, Intellectual Property and deposit accounts) and fixtures, whether now owned or hereafter acquired, whether now existing or hereafter created or arising and wherever located.

Borrower Collateral means all of Borrower's right, title, and interest in and to each of the following: