Definition of Collateral Category


Collateral Category means each of Land Held for Development, Lots under Development, Finished Lots, Model Housing Units, Pre-Sold Housing Units and Speculative Housing Units.

Examples of Collateral Category in a sentence

Schedule 7.1(f) is, as of the Cutoff Date, a complete and correct listing of all Properties of the Borrower, each other Loan Party and each other Subsidiary, setting forth, for each such Property, its Collateral Category.
A New U.C.C. 9 Collateral Category ..............................
A New U.C.C. 9 Collateral Category First and foremost, the time has come to specifically carve out a new collateral category under the U.C.C. 9 system for virtual property.
Schedule 7.1(f) is, as of the Agreement Date, a complete and correct listing of all Properties of the Borrower, each other Loan Party and each other Subsidiary, setting forth, for each such Property, its Collateral Category.