Lessee Collateral definition

Lessee Collateral means all of Lessee's right, title and interest in and to each of the following, however arising and whether now existing or hereafter acquired or arising:

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Lessee Collateral means the Mortgaged Property and Personal Property of the Lessee with respect to which a lien is granted pursuant to the related Memorandum of Lease, the Cash Collateral and other property subject to the Pledge Agreement, and, in each case, all proceeds and income therefrom.

Lessee Collateral has the meaning given to that term under Section 9.1 (Granting Clause to Lessee) of this Agreement;

Examples of Lessee Collateral in a sentence

Promptly upon request, but not later than three Business Days thereafter, each Lessee shall deliver such instruments, assignments, or other documents or agreements, and shall take such actions, as Lessor reasonably deems appropriate under applicable Law to evidence or perfect its Lien on any Lessee Collateral, or otherwise to give effect to the intent of this Agreement.
Lessor’s authority hereunder shall include, without limitation, the authority to execute and give receipt for any certificate of ownership or any document, to transfer title to any item of Lessee Collateral and to take any other actions arising from or incident to the powers granted to Lessor under this Agreement.
The Lien on Lessee Collateral granted hereunder is given as security only and shall not subject Lessor to, or in any way modify, any obligation or liability of Lessees relating to any Lessee Collateral.
Lessee shall keep in its possession at all times the items described in clauses (c) and (e) of the definition of Lessee Collateral.
Lessee will notify Lessor in writing promptly upon becoming aware of any Tax or other Lien (other than any Lien excepted above) that shall attach to any Item of Equipment or any other Lessee Collateral, and of the full particulars thereof.

More Definitions of Lessee Collateral

Lessee Collateral has the meaning set forth in Section 9 of the Lease Agreement.

Lessee Collateral means all assets of and Equity Interests in the Lessee, whether now owned or hereafter acquired upon which a Lien is purported to be created by any Lessee Security Document then in effect or contemplated to be in effect.

Lessee Collateral means all of Lessee’s right, title and interest in and to each of the following, however arising and whether now existing or hereafter acquired or arising:

Lessee Collateral is defined in Section 14.1 of the Lease.

Lessee Collateral means all of Lessee’s rights in (a) the Leased Property, (b) contracts and warranties necessary to operate and maintain the Leased Property or otherwise specifically related to the Leased Property, (c) the Mortgaged Property, (d) all insurance policies required to be maintained pursuant to the Lease, and (e) all products, excess successions, subleases, rents, issues, profits, products, returns, income and proceeds of and from any or all of the foregoing (including proceeds from any of the foregoing), and to the extent not otherwise included, all payments under insurance (whether or not Lessee is the loss payee hereof) or any indemnity, warranty or guarantee payable by reason of loss or damage to or otherwise with respect to any of the foregoing.

Lessee Collateral is defined in Section 24.2 of the Lease.

Lessee Collateral means a cash deposit into an account in the name of the Security Agent on behalf of the Lessor subject to the terms of a gages espèces in form and substance satisfactory to the Lessor.