Limited Collateral definition
Examples of Limited Collateral in a sentence
The parties acknowledge that the Split Dollar Life Insurance Agreement (dated November 2, 1997) and corresponding Limited Collateral Assignment (dated November 2, 1997), and all of the parties’ respective rights and obligations pursuant to such agreements, shall remain unaffected and in full force and effect.
Tenant and Agent hereby agree that Landlord shall have no liability arising out of or relating to the entry by Agent upon the Premises for the purpose of removal of the Limited Collateral.
Landlord is under no duty whatsoever to advise Agent in the event the Limited Collateral described herein shall be scheduled or claimed by any other such lender or personal property lessor.
A form of the Limited Collateral Assignment is attached hereto as Exhibit B.
The Administrative Agent hereby acknowledges and agrees that all obligations of Parent undertaken hereunder and under any other Loan Document shall be payable solely from the Limited Collateral pledged by Parent hereunder.
Upon the termination of any such Policy, such terminated Policy shall thereafter not be subject to the terms and conditions of the Split Dollar Agreements, and the Limited Collateral Assignment with respect to such terminated Policy shall terminate.
Secured party: Wajax Industries Limited Collateral classification: Equipment General collateral description: N30XMR3 Hyster Fork Lift S/N C470N01814Z Registration period: 3 Years Registration number: 19990401 1045 1146 4474 Debtor: Lily Cups Inc.
In furtherance of the foregoing, to the extent that this Agreement grants a security interest in or Lien on any Cyprus Amax Limited Collateral, then such security interest or Lien shall secure the Cyprus Amax Notes Non-Excluded Obligations equally and ratably with the Secured Obligations, to the extent (but only to the extent) required by Section 10.8 of the Cyprus Amax Notes Indenture.
CM Somerton Pty Ltd Colonial Mutual Superannuation Pty Ltd Colonial Net Limited Colonial Nominees No.3 Fund Pty Limited Cammeray Opportunistic Investment Company Pty Limited Collateral Leasing Pty Limited Colonial Limited Colonial UK Staff Pension Trustees Limited CommFoundation Pty Ltd.
Concurrently with the execution of this Agreement, the Owner and the Corporation shall execute a "Limited Collateral Assignment of Split-Dollar Life Insurance Policy" (the "Assignment") as security for the repayment of the Corporation's Premium Payments (as defined in Section 10 of this Agreement).