Collateral Projects definition

Collateral Projects shall have the meaning assigned thereto in recital paragraph F hereof.
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Collateral Projects means all projects undertaken by AGENCY for CLIENT other than Advertising Projects, including but not limited to the preparation of brochures and other promotional materials, and other projects as agreed by CLIENT and accepted by AGENCY. For the AGENCY's services and outlays on CLIENT's behalf, the basis of the AGENCY's compensation shall be as follows:
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Examples of Collateral Projects in a sentence

  • Borrower shall not transfer any of the Collateral Projects (other than the replacement or other disposition of obsolete or non-useful personal property and fixtures in the ordinary course of business) other than in compliance with this Agreement and the other Debt Documents.

  • Upon the occurrence of a Major Default, Collateral Agent shall have the rights and remedies set forth herein and in the Mortgages and other Security Instruments, including without limitation, the right, upon the direction of any Directing Creditor, to foreclose upon and sell any or all of the Collateral Projects.

  • No Person other than the Borrower owns any interest in any payments due under any Leases affecting the Collateral Projects that is superior to or of equal priority with Collateral Agent's interest therein.

  • Borrower acknowledges that no Secured Creditors can control or otherwise assure the truthfulness or accuracy of such environmental reports, and that the release of such environmental reports, or any information contained therein, to prospective bidders at any foreclosure sale of the Collateral Projects may have a material and adverse effect upon the amount which a party may bid at such sale.

  • A list of the Projects that will be included in such collateral pool as of the Effective Date (the "Collateral Projects") is attached hereto as Schedule 1 and made a part hereof.

  • Collateral Agent hereby reserves the right, and Borrower hereby expressly authorizes Collateral Agent to make available to any party in connection with a sale of the Collateral Projects by Collateral Agent at a foreclosure sale or subsequent to foreclosure, any and all such environmental reports whether prepared on behalf of the Secured Creditors or by Borrower which Collateral Agent may have with respect to the Collateral Projects.

  • With respect to invasive testing, such as soil borings, the Secured Creditors shall consult with Borrower in advance of such tests, and any such tests shall be conducted in a manner that minimizes interference with Borrower's (or any tenant's) operations at the Collateral Projects.