Collateral Owner definition

Collateral Owner means any one of them.
Collateral Owner means each of Collateral Owner A, Collateral Owner B and Collateral Owner C and, in the plural, means all of them;
Collateral Owner means each company who has acquired or shall acquire an Additional Ship and/or a Substitute Ship, (as the case may be) and, in the plural, means all of them;

Examples of Collateral Owner in a sentence

  • Neither any Aircraft Collateral Owner nor any lessee under an Aircraft Lease nor any Disclosed Sublessee has granted to any person other than the Agent an International Interest, national interest, Prospective International Interest, Lien, de-registration power of attorney or a de-registration and export request authorization with respect to any Aircraft, Airframe, Engine or Spare Engine included as Aircraft Collateral other than any Permitted Aircraft Liens.

  • For good and valuable consideration, Owner of Collateral ("Owner") grants to Lender identified above a continuing security interest in the Collateral described below to secure the obligations described in this Agreement.

  • Each Aircraft Collateral Owner shall at all times be (i) a Borrower or Guarantor hereunder and (ii) organized under the laws of any State of the United States of America or the District of Columbia or such other jurisdiction agreed to by Agent in its Permitted Discretion on a case-by-case basis in respect of each such Aircraft Collateral Owner.

  • The Borrower shall procure that no Collateral Owner will engage in any business other than the ownership, operation, chartering and management of its Vessel.

  • The Borrower shall procure that no Collateral Owner shall transfer any of its shares to another person or corporate entity (other than an entity wholly owned by the Borrower) and shall not create any Encumbrances on such shares.


More Definitions of Collateral Owner

Collateral Owner means each of Star B, Star L and Star O and, in the plural, means all of them;
Collateral Owner means either of the Secondone Collateral Owner and the Thirdone Collateral Owner and, in the plural, means both of them;
Collateral Owner includes the Borrower and the Non-Borrower Collateral Owner identified above. [_] "Collateral Owner" is the Non-Borrower Collateral Owner identified above. Throughout this Agreement, references to Collateral Owner are to be construed as set forth in this Provision 1.
Collateral Owner means either one of them.
Collateral Owner means ZEUS ONE MARINE LLC, a limited liability company formed under the laws of the Republic of the ▇▇▇▇▇▇▇▇ Islands, whose registered address is at Trust Company Complex, Ajeltake Road, Ajeltake Island, Majuro, ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇ ▇▇ ▇▇▇▇▇.
Collateral Owner means each Existing Collateral Owner and any other registered owner of a Collateral Ship.
Collateral Owner means a company incorporated and existing under the laws of a jurisdiction acceptable to the Lender which is a direct or indirect wholly owned subsidiary of the Corporate Guarantor which will be the registered owner of the Collateral Ship;