Definition of Possessory Collateral

  1. Possessory Collateral means that portion of the Collateral evidenced by Chattel Paper, Instruments, Documents or Certificated Securities.
  2. Possessory Collateral means Portfolio Investments consisting of money or instruments.
  3. Possessory Collateral means all Collateral consisting of:

Examples of Possessory Collateral in a sentence

  1. (c) The Control Agent shall have no obligation whatsoever to the First-Lien Creditors and the Second-Lien Agent or any Second-Lien Claimholder, including, without limitation, any obligation to assure that any of the Possessory Collateral or Control Assets is genuine or owned by any of the Grantors or to preserve rights or benefits of any Person except as expressly set forth in this Section 5.5.
  2. Perfection of Control and Possessory Collateral; Delivery to Collateral Agent Generally.
  3. Governing State: NEW YORK Schedule of Specific Possessory Collateral: IN WITNESS WHEREOF, this instrument has been duly executed by the undersigned on the _________ day of March, 2005.

Definition of Possessory Collateral in Intercreditor Agreement

Possessory Collateral means Portfolio Investments consisting of money or instruments.


Definition of Possessory Collateral in Amendment to Credit Agreement

Possessory Collateral means the Common Collateral in the possession or control of any Collateral Agent (or its agents or bailees), to the extent that possession or control thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction.


Definition of Possessory Collateral in Loan Agreement

Possessory Collateral means all Collateral with respect to which a Lien may be perfected by the secured party taking possession of such Collateral under the UCC.