General Collateral definition

General Collateral shall have the meaning assigned to such term in Section 2.1.

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedSchedule a Demo

General Collateral means the Pledged Collateral other than the Securities Collateral.

General Collateral means, collectively, the Mortgaged Property, and the properties referred to as the "Collateral" in the General Security Agreement and each Subsidiary Security Agreement and as the "Security" in the Collateral Agency Agreement.

Examples of General Collateral in a sentence

• The Borrower may, by delivery to the Collateral Agent of a General Funds Release Request, request a release of General Funds from the General Collateral Account in accordance with the applicable provisions of the Support Document or Secured Instrument or Secured Instruments which required such funds to be deposited with the Collateral Agent (but only to the extent any funds in the General Collateral Account were deposited in the General Collateral Account pursuant to such agreements).

• While a Notice of Enforcement is in effect, all amounts on deposit in or required to be deposited in the General Collateral Account shall be transferred to the Enforcement Collateral Account.

• In undertaking repos the RBA accepts a range of Australian currency denominated eligible securities, defined as either General Collateral or Private Securities.

• FRBNY reports that SOFR includes all trades in the Broad General Collateral Rate, plus bilateral U.S. Treasury repurchase agreement (“repo”) transactions cleared through the delivery-versus-payment service offered by the Fixed Income Clearing Corporation (the “FICC”), a subsidiary of The Depository Trust & Clearing Corporation (“DTCC”).

• Regn No.: 201011235900 Regn Date: July 9, 2010 Expiry: July 9, 2020 General Collateral: The security interest is taken in all of the debtors’ present and after acquired personal property.

More Definitions of General Collateral

General Collateral means the real and personal property, fixtures and assets of the Borrower and its Material Subsidiaries whether now existing or hereafter arising, created or acquired upon which a General Lien has been granted to the General Collateral Agent for the benefit of the General Secured Parties pursuant to the General Security Instruments.

General Collateral means, collectively, the Mortgaged Property, and the properties referred to as the “Collateral” in the General Security Agreement and each Subsidiary Security Agreement and as the “Security” in the Collateral Agency Agreement.

General Collateral means the collateral subject to the General Guarantee and Security Agreement.

General Collateral shall have the meaning set forth in Section 8.02.

General Collateral is defined in SECTION 5.11.

General Collateral shall have the meaning set forth in Section 8.02. “Governmental Authority” shall mean any government, court, regulatory or administrative agency or commission, or other governmental authority, agency or instrumentality, whether foreign, federal, state or local (domestic or foreign). “Guarantor” shall have the meaning set forth in the Recitals. “Intellectual Property” shall mean all proprietary information; technical data; laboratory notebooks; clinical data; priority rights; trade secrets; know-how; confidential information; inventions (whether patentable or unpatentable and whether or not reduced to practice or claimed in a pending patent application); Patents; registered or unregistered trademarks, trade names, service marks, including all goodwill associated therewith; registered and unregistered copyrights and all applications thereof; in each case that are owned, controlled by, generated by, issued to, licensed to, licensed by or hereafter acquired by or licensed by the Company or any of its Subsidiaries. “Intercreditor Agreement” shall mean that certain Intercreditor Agreement, by and among the MidCap Credit Facility Agent, Ligand and the Company, dated as of May 31, 2017, as it may be amended, supplemented or otherwise modified from time to time. “Knowledge of the Company” shall mean the current actual knowledge, information or belief held by Lode Debrabandere, ▇▇▇▇▇ ▇▇▇▇▇ and ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇ after reasonable inquiry by such person into the relevant subject matter.

General Collateral shall have the meaning assigned to such term in Section 3.01. “Governmental Authority” shall mean any applicable foreign or domestic, federal, state, provincial, territorial, municipal, supranational, national or other government, governmental department, commission, board, bureau, court, agency or instrumentality or political subdivision thereof (which shall include, without limitation, the European Central Bank and the Council of Ministers of the European Union) or any entity, officer or examiner exercising executive, legislative, judicial, regulatory, taxing or administrative functions of or pertaining to any government or any court, in each case whether associated with a state of the United States, the United States, or a foreign entity or government.