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:
Lessee Collateral has the meaning given to that term under Section 9.1 (Granting Clause to Lessee) of this Agreement;
Lessee Collateral has the meaning set forth in Section 9 of the Lease Agreement.

Examples of Lessee Collateral in a sentence

  • Lessee shall keep in its possession at all times the items described in clauses (c) and (e) of the definition of Lessee Collateral.

  • Except as specifically provided for herein, Lessor shall be deemed to have a first priority, perfected security interest in and Lien on the Items of Equipment and the other Lessee Collateral, free and clear of all Liens other than Permitted Liens, as security for the obligations of Lessee under the Operative Documents.

  • Perth and Kinross Councils air quality monitoring continued to show exceedances around the city centre for NO2.

  • Lessee shall pay and assume liability for, and does hereby agree to indemnify, protect and defend the Equipment and the other Lessee Collateral and all Indemnitees, and hold the Equipment and the other Lessee Collateral and all Indemnitees harmless against, all Impositions on an Grossed- Up Basis.

  • 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.


More Definitions of Lessee Collateral

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 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 the property of the Lessee with respect to which a lien is purported to be granted pursuant to the Lease and the Memorandum of Lease.
Lessee Collateral means all assets of the Lessee, now owned or hereafter acquired, upon which a Lien is purported to be created by the Security Documents.
Lessee Collateral shall have the meaning specified in Section 11.2(a)(ii) of the Amended and Restated Participation Agreement. "Lessee Environmental Liability Reserve Account" shall mean the Lessee Environmental Liability Reserve Account established pursuant to Section 2.03(d) of the Amended and Restated Disbursement Agreement. "Lessee Parent" shall mean EPC. "Lessee Security Agreement" shall have the meaning set forth in the Amended and Restated Reimbursement Agreement. 13