Collateral definition

Collateral has the meaning set forth in Section 2.

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Collateral has the meaning specified in the Granting Clause of the Indenture.

Collateral means all of the “Collateral” referred to in the Collateral Documents and all of the other property that is or is intended under the terms of the Collateral Documents to be subject to Liens in favor of the Administrative Agent for the benefit of the Secured Parties.

Examples of Collateral in a sentence

If any amount remains on deposit as Cash Collateral after all Letters of Credit have either been fully drawn or expired, such remaining amount shall be applied to the other Obligations, if any, in the order set forth above.
The acceptance by Pledgee of this Agreement, with all the rights, powers, privileges and authority so created, shall not at any time or in any event obligate Pledgee to appear in or defend any action or proceeding relating to the Pledged Collateral to which it is not a party, or to take any action hereunder or thereunder, or to expend any money or incur any expenses or perform or discharge any obligation, duty or liability under the Pledged Collateral.
The grant of security interest in the Pledged Collateral in accordance with this Section 2 does not restrict Pledgor’s right under Section 3 hereof to vote and act with respect to the Pledged Collateral.
Pledgee recognizes that by reason of certain prohibitions in applicable state securities laws, Pledgee may be required to obtain governmental consents in order to sell the Pledged Collateral.
The Custodian and the Series intend that, as the securities intermediary with respect to the Collateral, the Custodian’s security interest shall automatically be perfected when it attaches.

More Definitions of Collateral

Collateral all property of the Loan Parties, now owned or hereafter acquired, upon which a Lien is purported to be created by any Security Document.

Collateral means all assets and interests in assets and proceeds thereof now owned or hereafter acquired by any Loan Party or its Subsidiaries in or upon which a Lien is granted by such Person in favor of Agent or the Lenders under any of the Loan Documents.

Collateral is any and all properties, rights and assets of Borrower described on Exhibit A.

Collateral means, collectively, all of the real, personal and mixed property (including Capital Stock) in which Liens are purported to be granted pursuant to the Collateral Documents as security for the Obligations.

Collateral has the meaning set forth in Section 3.1 hereof.

Collateral as defined in the Security Agreement.

Collateral means any and all property owned, leased or operated by a Person covered by the Collateral Documents and any and all other property of any Loan Party, now existing or hereafter acquired, that may at any time be, become or be intended to be, subject to a security interest or Lien in favor of the Administrative Agent, on behalf of itself and the Lenders and other Secured Parties, to secure the Secured Obligations.