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.
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Held Collateral has the meaning set forth in Section 3.13(a).
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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).
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Examples of Held Collateral in a sentence

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

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

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

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

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

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

  • All Collateral of a type of which a secured party is required to obtain possession in order to perfect a Lien in such Collateral under the Uniform Commercial Code shall be held by Senior Creditor on behalf of the Creditors, and possession of such Collateral by Senior Creditor shall be deemed to be possession by the Creditors for purposes of perfecting and maintaining the perfection of any Lien of any Creditor in such Held Collateral under the Uniform Commercial Code.

  • 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.

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 any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • 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.