Eligible Collateral definition
Eligible Collateral means, with respect to a party, the items, if any, specified as such for that party in Paragraph 13.
Eligible Collateral means the amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default (without regard to any amounts owing solely as the result of an acceleration of the Loan Agreement) or such lesser amount of Collateral as may be required pursuant to section 13 of this Pledge Agreement.
Eligible Collateral means, as of any date, all Collateral on which the Collateral Agent has, as of such date, to the extent purported to be created by the applicable Security Document, a valid and perfected first priority Lien and/or mortgage (or comparable Lien) for the benefit of the Secured Parties and which is otherwise subject only to Permitted Liens and satisfies the requirements set out in the Loan Documents for such type of Collateral.
Examples of Eligible Collateral in a sentence
If required under Section 17.4(a), Citi, in its capacity as pledgor hereunder, shall Transfer Eligible Collateral in an amount equal to the Inventory Business Interruption Cash Proceeds and DKTS shall be the secured party in respect thereof.
If required under Section 17.4(a), Citi, as Pledgor, shall Transfer to DKTS as Secured Party Eligible Collateral in an amount equal to the Inventory Business Interruption Cash Proceeds.
Upon a demand made by Citi, in its capacity as secured party hereunder, and in accordance with the collateral provisions below, DKTS, in its capacity as pledgor hereunder, shall Transfer Eligible Collateral in the amount specified in this Article 12.
More Definitions of Eligible Collateral
Eligible Collateral means, collectively, Eligible Inventory and Eligible Receivables.
Eligible Collateral means any securities that otherwise would qualify for outright purchase under this act.
Eligible Collateral means any of the securities specified in Iowa Code section 12C.16(1)“b” provided that the securities are acceptable to the public unit and to the approved custodian.
Eligible Collateral means Collateral that satisfies the Eligibility Criteria. Eligible Collateral Schedule has the meaning specified in Section 3.4. Expected ABS Collateral has the meaning specified in Section 3.5(c).
Eligible Collateral means any one or any combination of the securities or other forms of collateral as described in Iowa Code section 12C.22, subsection 6, and acceptable to the treasurer. Cash shall be considered eligible collateral.
Eligible Collateral means cash denominated in the Base Currency.
Eligible Collateral shall have the meaning specified in Paragraph 3(c)(iii).