Held Collateral definition

Held Collateral means all Stock and Additional Collateral on which the Transfer Agent has placed a hold. See the COLLATERAL HOLDS section below.
Held Collateral has the meaning set forth in Section 3.13(a).
Held Collateral means all Stock and Additional Collateral on which the Transfer Agent has placed a hold. See the COLLATERAL HOLDS section below. “Interest Charge” is explained in the INTEREST CHARGE section below. “Investment Equity Line Checks” means checks used to access your Investment Equity Line of Credit Account. “Owner(s)” means each individual who owns the Stock. “Stock” means the stock described in the COLLATERAL HOLDS section below whether or not a hold has been placed. “Stock Account(s)” means the stock plan account or accounts described in the COLLATERAL HOLDS section below. “Transfer Agent” means Computershare Inc, U.S. Bank National Association ND, or any replacement administrator of the Stock Account(s).

Examples of Held Collateral in a sentence

  • Bank does not have to sell any Held Collateral even if the price of the Held Collateral is falling.

  • The Owner(s) agrees that Bank may give the Transfer Agent any orders about any Held Collateral.

  • Bank may also give the Transfer Agent any orders about dividends and other payments on any Held Collateral.

  • For example, Bank may order the Transfer Agent to sell any Held Collateral and pay Bank the money.

  • No one else, not even the Owner(s) can give the Transfer Agent orders about any Held Collateral.

  • Bank will release the Held Collateral hold within ten days after the Borrower’s Account is terminated and all amounts owed have been paid.

  • That means that the Transfer Agent will not let the Owner(s) sell or withdraw any Held Collateral without Bank’s permission.

  • Bank will release the Held Collateral hold within 10 days after the Borrower’s Account is terminated and all amounts owed have been paid.

  • The Collateral Agent shall hold all CA- Held Collateral in the Draw Account subject to the Collateral Agent's Security Interest and pursuant to the terms of this Agreement, the Margin Funding Facility Agreement and the Master Security Agreement.

  • No one else - not even the Owner(s) - can give the Transfer Agent orders about any Held Collateral.

Related to Held Collateral

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • UCC Collateral is defined in Section 3.03.

  • U.S. Collateral means the “Collateral” (or any equivalent term) as defined in the U.S. Security Agreement or any other applicable U.S. Security Document, together with any other assets (whether Real Property or personal property) pledged pursuant to any U.S. Security Document.

  • Possessory Collateral means any Shared Collateral in the possession of a Collateral Agent (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction. Possessory Collateral includes, without limitation, any Certificated Securities, Promissory Notes, Instruments, and Chattel Paper, in each case, delivered to or in the possession of the Collateral Agent under the terms of the First-Lien Security Documents.

  • As-Extracted Collateral means “as-extracted collateral” as such term is defined in the Uniform Commercial Code as in effect on the date hereof in the State of New York.

  • Combined Collateral LLC: Combined Collateral LLC, a Delaware limited liability company.

  • Pledged Collateral has the meaning assigned to such term in Section 2.01.

  • Swap Collateral means all right, title and interest of Party B in this Agreement, each Transaction hereunder, and all present and future amounts payable by Party A to Party B under or in connection with this Agreement or any Transaction governed by this Agreement, including, without limitation, any transfer or termination of any such Transaction.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Collateral has the meaning set forth in Section 2.

  • Account Collateral means, with respect to each Account, such Account, together with all cash, securities, Financial Assets and investments and other property from time to time deposited or credited to such Account and all proceeds thereof, including, with respect to the Reserve Fund, the Reserve Fund Deposit and the Reserve Fund Amount.

  • Control Collateral means any Collateral consisting of any Certificated Security (as defined in Section 8-102 of the Uniform Commercial Code), Investment Property, Deposit Account, Instruments and any other Collateral as to which a Lien may be perfected through possession or control by the secured party, or any agent therefor.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Primary Collateral With respect to any Cross-Collateralized Mortgage Loan, any Mortgaged Property (or portion thereof) designated as directly securing such Cross-Collateralized Mortgage Loan and excluding any Mortgaged Property (or portion thereof) as to which the related lien may only be foreclosed upon by exercise of the cross-collateralization provisions of such Cross-Collateralized Mortgage Loan.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Posted Collateral means all Eligible Collateral, other property, Distributions, and all proceeds thereof that have been Transferred to or received by the Secured Party under this Annex and not Transferred to the Pledgor pursuant to Paragraph 3(b), 4(d)(ii) or 6(d)(i) or released by the Secured Party under Paragraph 8. Any Interest Amount or portion thereof not Transferred pursuant to Paragraph 6(d)(ii) will constitute Posted Collateral in the form of Cash.

  • Excluded Collateral shall have the meaning assigned to such term in the Security Agreement.

  • Shared Collateral means, at any time, Collateral in which the holders of two or more Series of First-Lien Obligations hold a valid and perfected security interest at such time. If more than two Series of First-Lien Obligations are outstanding at any time and the holders of less than all Series of First-Lien Obligations hold a valid and perfected security interest in any Collateral at such time, then such Collateral shall constitute Shared Collateral for those Series of First-Lien Obligations that hold a valid security interest in such Collateral at such time and shall not constitute Shared Collateral for any Series which does not have a valid and perfected security interest in such Collateral at such time.

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

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Borrower Collateral means all of Borrower’s now owned or hereafter acquired right, title, and interest in and to each of the following:

  • Indenture Collateral has the meaning set forth in the Granting Clause of the Indenture.

  • Excess Collateral has the meaning set forth in Section 5.7.

  • Canadian Collateral means the Collateral owned by (or, in the event such Collateral has been foreclosed upon, immediately prior to such foreclosure that was owned by) a Canadian Loan Party.