customer collateral definition
customer collateral means all cash, securities and other property if any of the following apply:
customer collateral means all cash, securities and other property if either of the following applies:
customer collateral means all property received or held by a clearing member, clearing intermediary or derivatives clearing agency from or on behalf of a customer, that is intended to or does margin, guarantee, secure, settle or adjust a cleared derivative, and includes initial margin, variation margin and excess margin;
More Definitions of customer collateral
customer collateral means the Property in which the applicable Customer grants a Lien in favor of the Borrower as security for one or more Term Loans to such Customer.
customer collateral means (i) with respect to a Borrower Loan Advance, the Customer Assets in which the applicable Customer grants a Lien in favor of a Borrower as security for one or more Borrower Loan Advances to such Customer and (ii) with respect to a Borrower Royalty Receivable Advance made for the purpose of purchasing a Borrower Royalty Receivable, the Borrower Royalty Receivable and any related assets, in each case, sold or assigned (including any such assets collaterally assigned) to such Borrower under the applicable Royalty Purchase Agreement and related Transaction Documents, regardless of whether the transactions contemplated pursuant to the applicable Royalty Purchase Documents do or do not result in a “true sale” of a Borrower Royalty Receivable to the applicable Borrower (it being understood that it is the intent of Borrowers that the Royalty Purchase Documents result in a “true sale” of the applicable Borrower Royalty Receivables).
customer collateral means the collateral and Property in which a Lien has been granted, or which has been assigned, to the Borrower to secure payment of a Customer Loan or other Indebtedness owed to the Borrower by a Customer, including, without limitation (a) all of the Borrower's right, title and interest in and to the payments to be made by the Customer and any other rights which are assignable under the related Customer Loan Documents, (b) all security interests or liens and property subject thereto from time to time purporting to secure payment of such Customer Loan, whether pursuant to the Customer Loan Documents related to such Customer Loan or otherwise, including, without limitation, all interest in Crop Insurance with respect to such property, all Equipment and all Real Estate (c) all Records, (d) guaranties and other agreements or arrangements of whatever character from time to time supporting or securing payment of such Customer Loan whether pursuant to the Customer Loan Documents related to such Customer Loan or otherwise, and (e) all rights under warranties, indemnities, insurance with respect to the Customer Loans, the related Customer Loan Documents or other Customer Collateral described above.
customer collateral means the data, images, marks, logos, designs, colour schemes and other content that are provided by Customer to Provider for use in the creation and customization of the user interfaces of the Service.
customer collateral has the meaning assigned to such term in Section 3(a).
customer collateral means point of sale terminals, related equipment, stationery, promotional material (including pens, badges and lanyards) and other items issued to customers;