Perfected definition
Perfected means in respect of any relevant Loan and its Related Security sold by the Seller to the Guarantor LP, delivery of notice to the Borrower of such sale, assignment and transfer by the Seller to the Guarantor LP of such Loan and its Related Security and registration of the transfer of legal title to the Mortgages in the appropriate land registry office, land titles office or similar office of public registration for the location where the relevant real property is located and “Perfect” and “Perfection” shall have corresponding meanings;
Perfected means in respect of any relevant Purchased Loan and its Related Security, delivery of notice to the Borrower of the sale, assignment and transfer of such Loan and its Related Security and a direction to make all future repayments of the Loan to the Standby Account Bank for the account of the Guarantor by the Seller, or, as necessary, by the Guarantor (or the Servicer on behalf of the Guarantor) on behalf of the Seller (under applicable powers of attorney granted to the Guarantor) to the Guarantor of such Loan and its Related Security and registration of the transfer of legal title to the Mortgages in the appropriate land registry office, land titles office or similar office of public registration for the location where the relevant real property is located and “Perfect” and “Perfection” shall have corresponding meanings;
Perfected means, as to the security interests granted to Secured Party in Section 2.1, that (a) a creditor on a simple contract cannot acquire a judicial lien that is superior to such security interests and (b) if a case were pending under the Bankruptcy Code in which any Grantor is the debtor, such security interests would be a Lien that is perfected in such bankruptcy case.
Examples of Perfected in a sentence
You agree, at our request, to do all acts, matters and things necessary to ensure we hold a valid and Perfected Security Interest.
In this clause PPSA means the Personal Property and Securities ▇▇▇ ▇▇▇▇ (Cth), and Security Interest, Perfected and Register have the meanings given to those terms in the PPSA.
GBB Perfected Dissenting Shares shall, after the Effective Time of the Merger, be entitled only to such rights as are granted them by Chapter 13 of the CGCL.
Upon the issuance of a Designation Notice by PTI with respect to a Currently Perfected Segment, PTI will reimburse Colonial for all actual and reasonable Perfection Expenses for such Currently Perfected Segments, such reimbursement to be made within thirty (30) days of receipt of an invoice from Colonial, and to be calculated in accordance with the methods and procedures described in the Services Agreement.
The Supplier agrees, to do all acts, matters and things (including, but not limited to, waiving any entitlement under the PPSA regarding notices) necessary to ensure Penske holds a Security Interest which is valid, enforceable and Perfected under the PPSA.
More Definitions of Perfected
Perfected means in respect of any relevant Purchased Loan and its Related Security, delivery of notice to the Borrower of the sale, assignment and transfer of such Loan and its Related Security and a direction to make all future repayments of the Loan to the Standby Account Bank for the account of the Guarantor by the Seller or the applicable Originator, or, as necessary, by the Guarantor (or the Servicer on behalf of the Guarantor) on behalf of the Seller or the applicable Originator (under applicable powers of attorney granted to the Guarantor) to the Guarantor of such Loan and its Related Security and registration of the transfer of legal title to the Mortgages in the appropriate land registry office, land titles office or similar office of public registration for the location where the relevant real property is located and “Perfect” and “Perfection” shall have corresponding meanings;
Perfected liens or security interest shall include a reference to an “opposable” or “set up” lien or security interest as against third parties, (h) any “right of offset”, “right of setoff” or similar expression shall include a “right of compensation”, (i) “goods” shall include “corporeal movable property” other than chattel paper, documents of title, instruments, money and securities, (j) an “agent” shall include a “mandatary”, (k) “construction liens” shall include “legal hypothecs”; (l) “joint and several” shall include “solidary”; (m) “gross negligence or willful misconduct” shall be deemed to be “intentional or gross fault”; (n) “registered ownership held for a beneficial owner” shall include “ownership on behalf of another as mandatary”; (o) “easement” shall include “servitude”; (p) “priority” shall include “prior claim”; (q) “survey” shall include “certificate of location and plan”; (r) “state” shall include “province”; (s) “fee simple title” shall include “absolute ownership”; (t) “accounts” shall include “claims”.
Perfected means in respect of any relevant Purchased Loan and its Related Security, delivery of notice to the Borrower of the sale, assignment and transfer of such Loan and its Related Security and a direction to make all future repayments of the Loan to the Standby Account Depository Institution for the account
Perfected means, as to the Collateral Agent's Lien in any of the Collateral in respect of any and all outstanding Senior Secured Liabilities, that (a) a creditor on a simple contract could not acquire a judicial lien upon such Collateral that is superior to the Lien of the Collateral Agent thereon, and (b) the Collateral Agent's Lien in such Collateral would be perfected and not avoidable if a Proceeding were commenced under Bankruptcy Law in which the owner of such Collateral is the debtor.
Perfected means, in respect of a security interest, perfected in accordance with the Personal Property Security Act;
Perfected means recorded or filed for record so as to place the public on notice.
Perfected and “Perfect” shall have a corresponding meaning;