Examples of Collateral shall in a sentence
If any notice of a proposed sale or other disposition of Collateral shall be required by law, such notice shall be deemed reasonable and proper if given at least 10 days before such sale or other disposition.
The Collateral Agent shall not be obligated to make any sale of any Collateral if it shall determine not to do so, regardless of the fact that notice of sale of such Collateral shall have been given.
All risk of loss, damage or destruction of the Collateral shall be borne by Borrower.
If this Agreement is terminated, Bank’s Lien in the Collateral shall continue until the Obligations (other than inchoate indemnity obligations) are repaid in full in cash.
Cash Collateral shall be maintained in blocked, non-interest bearing deposit accounts at Bank of America.