General Intangibles Mortgage definition

General Intangibles Mortgage means the General Intangibles Mortgage and Security Agreement dated as of the Closing Date given by the Borrower and the Guarantors to the Agent covering substantially all of the intangible personal property owned by the Borrower and the Guarantors, in form and substance satisfactory to the Agent and the Lenders, as amended, supplemented or otherwise modified from time to time.
Sample 1Sample 2
General Intangibles Mortgage means collectively, those certain General Intangibles Mortgage and Security Agreements dated as of March 31, 2000, executed by the Borrower, Mega Marts, Inc. and Xxxx Lad Foods, Inc. in favor of the Agent, for the ratable benefit of the Lenders, and that certain General Intangibles Mortgage and Security Agreement dated as of the Closing Date by Xxxxx in favor of the Agent, for the ratable benefit of the Lenders, in each case, as the same may be amended or modified and in effect from time to time.
Sample 1

Examples of General Intangibles Mortgage in a sentence

  • Except as modified pursuant to Section 6.16, the representations and warranties made by the Borrower and the other Credit Parties herein, in the Security Agreement, the General Intangibles Mortgage, the Real Estate Mortgages, or which are contained in any certificate furnished at any time under or in connection herewith shall be true and correct on and as of the date of such Extension of Credit as if made on and as of such date.

  • The General Intangibles Mortgage of Xxxxx, executed by Authorized Representative of Xxxxx.

  • Except as modified pursuant to Section 7.12, the representations and warranties made by the Borrower and the other Credit Parties herein, in the Security Agreement, the General Intangibles Mortgage, the Real Estate Mortgages, or which are contained in any certificate furnished at any time under or in connection herewith shall be true and correct on and as of the date of such Extension of Credit as if made on and as of such date.

  • The Agent shall have received (i) multiple counterparts of this Credit Agreement for each Lender, executed by a duly authorized officer of each party hereto, (ii) for the account of each Lender a Revolving Note and a Term Note, and (iii) multiple counterparts of a reaffirmation of the Security Agreement, General Intangibles Mortgage and the Real Estate Mortgages, executed by a duly authorized officer of each party thereto in each case conforming to the requirements of this Credit Agreement.

Related to General Intangibles Mortgage

  • General Intangibles is all “general intangibles” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation, all Intellectual Property, claims, income and other tax refunds, security and other deposits, payment intangibles, contract rights, options to purchase or sell real or personal property, rights in all litigation presently or hereafter pending (whether in contract, tort or otherwise), insurance policies (including without limitation key man, property damage, and business interruption insurance), payments of insurance and rights to payment of any kind.

  • General Intangible means any personal property, including things in action, other than accounts, chattel paper, commercial tort claims, deposit accounts, documents, goods, instruments, investment property, letter-of-credit rights, letters of credit, money, and oil, gas, or other minerals before extraction. The term includes payment intangibles and software.

  • Payment intangible means a general intangible under which the account debtor's principal obligation is a monetary obligation.

  • Payment Intangibles “Proceeds”; “ Records”; “Securities Account”; “Securities Intermediary”; “Security Entitlement”; “Supporting Obligations”; and “Tangible Chattel Paper.”

  • Leased Intangible Property means all Intangible Property (as defined in the Purchase and Sale Agreement) acquired by Landlord with respect to the Leased Property pursuant to the Purchase Agreement.

  • Chattel Paper means chattel paper (as that term is defined in the Code), and includes tangible chattel paper and electronic chattel paper.

  • Investment Property the collective reference to (i) all “investment property” as such term is defined in Section 9-102(a)(49) of the New York UCC (other than any Foreign Subsidiary Voting Stock excluded from the definition of “Pledged Stock”) and (ii) whether or not constituting “investment property” as so defined, all Pledged Notes and all Pledged Stock.

  • Tangible chattel paper means chattel paper evidenced by a record or records consisting of information that is inscribed on a tangible medium.

  • Document of title means a record that in the regular course of business or financing is treated as adequately evidencing that the person in possession or control of the record is entitled to receive, control, hold, and dispose of the record and the goods the record covers and that purports to be issued by or addressed to a bailee and to cover goods in the bailee's possession which are either identified or are fungible portions of an identified mass. The term includes a bill of lading, transport document, dock warrant, dock receipt, warehouse receipt, and order for delivery of goods. "Electronic document of title" means a document of title evidenced by a record consisting of information stored in an electronic medium. "Tangible document of title" means a document of title evidenced by a record consisting of information that is inscribed on a tangible medium.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Additional Mortgaged Property shall have the meaning provided in Section 8.11(a).

  • Supporting Obligations means supporting obligations (as such term is defined in the Code), and includes letters of credit and guaranties issued in support of Accounts, Chattel Paper, documents, General Intangibles, instruments or Investment Property.

  • Intangibles means all copyrights, trademarks, trade names, service marks, service names, licenses, patents, permits, jingles, proprietary information, technical information and data, machinery and equipment warranties, and other similar intangible property rights and interests (and any goodwill associated with any of the foregoing) applied for, issued to, or owned by Seller or under which Seller is licensed or franchised and which are used or useful in the business and operations of the Station, together with any additions thereto between the date of this Agreement and the Closing Date.

  • Acceptable Document of Title means, with respect to any Inventory, a tangible, negotiable xxxx of lading or other Document (as defined in the UCC) that (a) is issued by a common carrier which is not an Affiliate of the Approved Foreign Vendor or any Loan Party which is in actual possession of such Inventory, (b) is issued to the order of a Loan Party or, if so requested by the Agent, to the order of the Agent, (c) names the Agent as a notify party and bears a conspicuous notation on its face of the Agent’s security interest therein, (d) is not subject to any Lien (other than in favor of the Agent), and (e) is on terms otherwise reasonably acceptable to the Agent.

  • Negotiable Collateral means all of Borrower’s present and future letters of credit of which it is a beneficiary, drafts, instruments (including promissory notes), securities, documents of title, and chattel paper, and Borrower’s Books relating to any of the foregoing.

  • Supporting Obligation means a letter-of-credit right or secondary obligation that supports the payment or performance of an account, chattel paper, a document, a general intangible, an instrument, or investment property.

  • Pledged Investment Property means any investment property of any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, other than any Pledged Stock or Pledged Debt Instruments.

  • Purchase Agreement Collateral has the meaning specified in Section 6.9 of this Agreement.

  • Collateral Instruments means notes, bills of exchange, certificates of deposit and other negotiable and non-negotiable instruments, guarantees, indemnities and other assurances against financial loss and any other documents or instruments which contain or evidence an obligation (with or without security) to pay, discharge or be responsible directly or indirectly for any indebtedness or liabilities of any person and includes any documents or instruments creating or evidencing an Security Interest.

  • Additional Mortgage shall have the meaning assigned to such term in Section 5.10(c).

  • Securities Account is any “securities account” as defined in the Code with such additions to such term as may hereafter be made.

  • Contract Rights means all rights of any Assignor under each Contract, including, without limitation, (i) any and all rights to receive and demand payments under any or all Contracts, (ii) any and all rights to receive and compel performance under any or all Contracts and (iii) any and all other rights, interests and claims now existing or in the future arising in connection with any or all Contracts.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Investment Property Control Agreement means an agreement in writing, in form and substance satisfactory to Agent, by and among Agent, any Borrower or Guarantor (as the case may be) and any securities intermediary, commodity intermediary or other person who has custody, control or possession of any investment property of such Borrower or Guarantor acknowledging that such securities intermediary, commodity intermediary or other person has custody, control or possession of such investment property on behalf of Agent, that it will comply with entitlement orders originated by Agent with respect to such investment property, or other instructions of Agent, or (as the case may be) apply any value distributed on account of any commodity contract as directed by Agent, in each case, without the further consent of such Borrower or Guarantor and including such other terms and conditions as Agent may require.

  • Documents of Title Has the meaning given that term in the UCC.

  • Material Asset means any asset which has a book value of RMB100,000 or more or has a material effect on the business operations of any Party.