Description of Collateral. The Collateral covered by this agreement is all of the Debtor's property indicated above and defined below, present and future, including but not limited to any items listed on any schedule or list attached. Also included are all proceeds, including but not limited to stock rights, subscription rights, dividends, stock dividends, stock splits, or liquidating dividends, and all cash, accounts, chattel paper and general intangibles arising from the sale, rent, lease, casualty loss or other disposition of the Collateral, and any Collateral returned to, repossessed by or stopped in transit by the Debtor. Also included are the Debtor's books and records which relates to the Collateral. Where the Collateral is in the possession of the Bank, the Debtor agrees to deliver to the Bank any property which represents an increase in the Collateral or profits or proceeds of the Collateral.
Description of Collateral means a description of the Collateral owned at the time in question by Borrowers, containing such information as may be acceptable to EIF, and in legally sufficient form for creation of an EIF Lien thereon.
Description of Collateral. As used in this agreement, the term "Collateral" means all of the Debtor's property of the types indicated above and defined below, whether now owned or hereafter acquired, whether now existing or hereafter arising, and wherever located, including but not limited to any items listed on any schedule or list attached hereto. In addition, the term "Collateral" includes all "proceeds", "products" and "supporting obligations" (as such terms are defined in the "UCC", meaning the Uniform Commercial Code of Arizona, as in EFFECT from time to time) of the Collateral indicated above, including but not limited to all stock rights, subscription rights, dividends, stock dividends, stock splits, or liquidating dividends, and all cash, accounts, chattel paper, "instruments," "investment property," and "general intangibles" (as such terms are defined in the UCC), arising FROM the sale, rent, lease, casualty loss or other disposition of the Collateral, and any Collateral returned to, repossessed by or stopped in transit by the Debtor, and all insurance claims relating to any of the Collateral (defined above). The term "Collateral" further includes all of the Debtor's right, title and interest in and to all books, records and data relating to the Collateral identified above, regardless of the form of media containing such information or data, and all software necessary or desirable to use any of the Collateral identified above or to access, retrieve, or process any of such information or data. Where the Collateral is in the possession of the Bank or the Banks agent, the Debtor agrees to deliver to the Bank any property that represents an increase in the Collateral or profits or proceeds of the Collateral.
Examples of Description of Collateral in a sentence
Debtor Jurisdiction Secured Party Filing No. Filing Date Description of Collateral Merge SF Holdings, Inc.
Scope of the Description of Collateral in Security Agreement 123Shelby County State Bank v.
Claimant: Cypress - Fairbanks ISD Basis for secured status: Tax Lien Priority of lien: First Priority Address or Other Description of Collateral Securing Claim 3c: FF&E and inventory at Store located at on parcel address 29300 Northwest Fwy, Houston, TexasValue:$N/AValuation MethodOrder on motion or stipulation Declaration: Certified appraiser Other: Texas Property Tax Code Additional Comments relating to Class #3c: Estimated 2017 Personal property tax on FF&E an inventory to be paid in 2018 when due.
Locations of Collateral Description of Collateral ACT PROXIMITY, INC.
Claimant: City of MercedesBasis for secured status: Tax lienPriority of lien: First Priority Address or Other Description of Collateral Securing Claim 3b: FF&E and inventory at Store located at 5001 East Expressway 83 Suite 309, Mercedes, TexasValue:$N/AValuation MethodOrder on motion or stipulation Declaration: Certified appraiser Other: Texas Property Tax code CLASS #3cAdditional Comments relating to Class #3b: Estimated 2017 Personal property tax on FF&E an inventory to be paid in 2018 when due.
More Definitions of Description of Collateral
Description of Collateral. Original Amount: $_____________ Company to Deliver to: --------------------- Corrections or servicing functions: --------------------- --------------------- --------------------- The Companies agree that (a) these Warehouse Collateral Papers are delivered to the Companies solely for the purpose of making these corrections, (b) these Warehouse Collateral Papers are, and shall continue to be, subject to Lender Liens under the Warehouse Loan Documents, (c) the Companies shall hold these Warehouse Collateral Papers as bailee and trustee for the Seasoned Warehouse Agent, as agent and Representative of the Seasoned Warehouse Lenders, and (d) the Companies may not deliver any of these Warehouse Collateral Papers to a third party unless (i) it is necessary in order to complete the corrections, and (ii) the Companies notify that third party that the Warehouse Collateral Papers are, and continue to be, subject to Lender Liens under the Warehouse Loan Documents, and obtain from that third party its agreement to hold those Warehouse Collateral Papers as bailee and trustee for the Seasoned Warehouse Agent, as agent and Representative of the Seasoned Warehouse Lenders until they have been returned to the Custodian or the amount of the Borrowing Base attributable to the related Mortgage Loans or Land Contracts has been fully paid to Seasoned Warehouse Agent to be applied to the Obligations. The Companies agree to return possession of these papers to the Seasoned Warehouse Agent by no later than ten (10) days after their receipt by any of the Companies unless this box is checked [ ] to indicate that the Agent has consented (on a case by case basis) to the Companies' retaining such possession for a longer period, AND IN ANY EVENT TO RETURN POSSESSION OF THESE PAPERS TO THE SEASONED WAREHOUSE AGENT NO LATER THAN TWENTY-ONE (21) DAYS AFTER RECEIPT unless the Pledged Loans to which they relate are sooner redeemed in accordance with SECTION 9.3 of the Seasoned Warehouse Credit Agreement. On and as of the date of this receipt and agreement, the Companies certify, represent and warrant to the Seasoned Warehouse Agent, as agent and Representative of the Seasoned Warehouse Lenders, that (a) the Companies' representations and warranties in the Warehouse Loan Documents are true and correct in all material respects except to the extent that (i) a representation or warranty speaks to a specific date or (ii) the facts on which a representation or warranty is based have changed by trans...
Description of Collateral. X/ Check if products of collateral are also covered. All of Debtor's present and future accounts, chattel paper, contracts, documents, equipment, fixtures, general intangibles, instruments, inventory and accessions to and proceeds of any of the foregoing including insurance proceeds as more fully described in Exhibit "A" Return Acknowledgment Copy to: Xxxxx X. Xxxxx, Esquire DUANE, MORRIS & HECKSCHER 0000 Xxx Xxxxxxx Xxxxx Xxxxxxxxxxxx, XX 00000-0000 FORM REQUIREMENTS
Description of Collateral. As used in this agreement, the term "Collateral" means all of the Debtor's property whether owned individually or jointly with others of the types indicated above and defined below, whether now owned or hereafter acquired, whether now existing or hereafter arising, and wherever located, including but not limited to any items listed on any schedule or list attached hereto. In addition, the term "Collateral" includes all "proceeds," "products" and "supporting obligations" (as such terms are defined in the "UCC," meaning the Uniform Commercial Code of Texas, as in effect from time to time) of the Collateral indicated above, including but not limited to all stock rights, subscription rights, dividends, stock dividends, stock splits, or liquidating dividends, and all cash, accounts, chattel paper, "instruments," "investment property," "financial assets," and "general intangibles" (as such terms are defined in the UCC) arising from the sale, rent, lease, casualty loss or other disposition of the Collateral, and any Collateral returned to, repossessed by or stopped in transit by the Debtor, and all insurance claims relating to any of the Collateral (defined above). The term "Collateral" further includes all of the Debtor's right, title and interest in and to all books, records and data relating to the Collateral identified above, regardless of the form of media containing such information or data, and all software necessary or desirable to use any of the Collateral identified above or to access, retrieve, or process any of such information or data. Where the Collateral is in the possession of the Bank or the Bank's agent, the Debtor agrees to deliver to the Bank any property that represents an increase in the Collateral or profits or proceeds of the Collateral.
Description of Collateral. As used in this agreement, the term "Collateral" means all of the Debtor's property of the types indicated above and defined below, whether now owned or hereafter acquired, whether now existing or hereafter arising, and wherever located, including but not limited to any items listed on any schedule or list attached hereto. In addition, the term "Collateral" includes all "proceeds", "products" and "supporting obligations" (as such terms are defined in the "UCC", meaning the Uniform Commercial Code of Illinois, as in effect from time to time) of the Collateral indicated above, including but not limited to all stock rights, subscription rights, dividends, stock dividends, stock splits, or liquidating dividends, and all cash, accounts, chattel paper, "instrunments," "investment property," and "general intangibles" (as such terms are defined in the UCC) arising from the sale, rent, lease, casualty loss or other disposition of the Collateral, and any Collateral returned to, repossessed by or stopped in transit by the Debtor, and all insurance claims relating to any of the Collateral defined above). The term "Collateral" further includes all of the Debtor's right, title and interest in and to all books, records and data relating to the Collateral identified above, regardless of the form of media containing such information or data, and all software necessary or desirable to use any of the Collateral identified above or to access, retrieve, or process any of such information or data. Where the Collateral is in the possession of the Bank or the Bank's agent, the Debtor agrees to deliver to the Bank any property that represents an increase in the Collateral or profits or proceeds of the Collateral.
Description of Collateral. The undersigned borrower ("Borrower") hereby grants to North Fork Bank (the "Bank") a security interest (see Right to Repossess Section below for explanation of "security interest") in the following described collateral ("Collateral"): ALL ASSETS OF THE BORROWER AS FURTHER DESCRIBED ON THE ATTACHED SCHEDULE A.
Description of Collateral. All cash, deposit accounts, notes receivable, accounts, accounts receivable, instruments, Assignment of Note Payments and Security Agreement, payment intangibles, reserve for loss and dealer reserve for loss.
Description of Collateral. As used in this agreement, the term "Collateral" means all of the Debtor's property whether owned individually or jointly with others of the types indicated above and defined below, whether now owned or hereafter acquired, whether now existing or hereafter arising, and wherever located, including but not limited to any items listed on any schedule or list attached hereto. In addition, the term "Collateral" includes all "proceeds," "products" and "supporting obligations" (as such terms are defined in the "UCC," meaning the Uniform Commercial Code of New York, as in effect from time to time) of the Collateral indicated above, including but not limited to all stock rights, subscription rights, dividends, stock dividends, stock splits, or liquidating dividends, and all cash, accounts, chattel paper, "instruments," "investment property," "financial assets," and "general intangibles" (as such terms are defined in the UCC) arising from the sale, rent, lease, casualty loss or other disposition of the Collateral, and any Collateral returned to, repossessed by or stopped in transit by the Debtor, and all insurance claims relating to any of the Collateral (defined above). The term "Collateral" further includes all of the Debtor's right, title and interest in and to all books, records and data relating to the Collateral identified above, regardless of the form of media containing such information or data, and all software necessary or desirable to use any of the Collateral identified above or to access, retrieve, or process any of such information or data. Where the Collateral is in the possession of the Bank or the Bank's agent, the Debtor agrees to deliver to the Bank any property that represents an increase in the Collateral or profits or proceeds of the Collateral.