Secured Assets means (i) the Underlying Metal; (ii) all property, assets and sums held by the Issuing and Paying Agent and/or the Secured Account Custodian and/or the Metal Agent in connection with the ETC Securities and/or any Transaction Document (for the avoidance of doubt, not including any unallocated Metal standing to the credit of the Subscription Account which does not form part of the Underlying Metal), and (iii) any other property, assets and/or sums which have been charged, assigned, pledged and/or otherwise made subject to the security created by the Issuer in favour of the Trustee pursuant to the Security Deed.
Secured Assets means, all of the present and future assets, property and undertaking of each Obligor and each Wholly-Owned Specified Entity, and, in each case, all proceeds thereof. For certainty, the Secured Assets shall cease to be Secured Assets to the extent such assets are sold or otherwise disposed of in a manner which is permitted, or otherwise not prohibited, by any relevant Credit Document.
Secured Assets means the undertaking, properties and assets now owned, leased or hereafter acquired or leased by the Credit Parties or any of them, which shall be secured by the Security Documents;
Examples of Secured Assets in a sentence
The Secured Assets will be sold on “AS IS WHERE IS” “AS IS WHAT IS, and “WHATEVER THERE IS” basis through E-Auction.
The Chargor shall not at any time during the Security Period enter into a single transaction or a series of transactions (whether related or not) and whether voluntary or involuntary to sell, lease, transfer or otherwise dispose of any Secured Assets.
If the Collateral Agent receives notice of any subsequent Security or other interest affecting all or any of the Secured Assets it may open a new account or accounts for the Chargor in its books.
The Chargor shall not at any time during the Security Period create or permit to subsist any Security over all or any part of the Secured Assets other than the Security created pursuant to this Deed.
The adjudication of stamp duty, payment of stamp duty, registration charges, cess, GST (as applicable), unrecovered transfer charges, if any, and all other incidental costs, charges and expenses in connection with sale of the Secured Assets shall be borne by the successful Offeror.
More Definitions of Secured Assets
Secured Assets means all moneys, assets and other property of the Customer from time to time standing to the credit of, or deposited with or come into the Bank’s possession or control for the Integrated Account and all rights and benefits attached or accruing thereto and the proceeds thereof and, in the case of securities, means any and all securities at any time and from time to time and for any reason held by, deposited with, received by, transferred to or registered in the name of the Bank, any nominee or agent of the Bank or any person performing nominee service for any central depository, clearing and/or settlement system, for or on account of the Securities Account, together with all dividends, interests, distributions and other moneys derived therefrom and all accretions, allotments and other rights and benefits accruing or arising in respect thereof;
Secured Assets means (i) all property, assets and sums derived from the Secured Swap Rights which shall include, without limitation, any property, assets and sums derived from the Swap Agreement and the enforcement of the security granted in favour of the Issuer under the Credit Support Deed and the enforcement of any other Credit Support Document, (ii) all property, assets and sums held by the Issuing and Paying Agent and/or the Custodian and/or the Liquidation Agent in connection with the ETC Securities and/or any Transaction Document, and (iii) any other property, assets and/or sums which have been charged, assigned, pledged and/or otherwise made subject to the security created by the Issuer in favour of the Trustee pursuant to the Security Deed.
Secured Assets means (insert description of assets in respect of which charge/mortgage may be created) offered as security by the Client;
Secured Assets means (x) all right, title and interest of the Private Owner in and to the Private Owner Pledged Account (and all funds therein and related rights thereto as more specifically described in the Private Owner Pledged Account Control Agreement), (y) the LLC Interest held by Private Owner and all other rights of the Private Owner (in any capacity) under this Agreement and the Ancillary Documents (including rights to any distributions or payments on account of any Excess Working Capital Advances or Discretionary Funding Advances made by or on behalf of the Private Owner), and (z) all proceeds of any of the foregoing at any time (including distributions thereon or other income in respect thereof).
Secured Assets means the property(ies) and asset(s) over which Security is created by the Borrower as more particularly provided for in Clause 7.1 (Security and Right of Set-Off) of this Agreement.
Secured Assets means the following assets of the Supplier [insert description of assets in respect of which charge/mortgage may be created];
Secured Assets means, in respect of a Series, (i) the Issuer’s rights against the Custodian, the Primary Sub-Custodians, any Sub-Custodians and the Metals Counterparties under the Custody Agreement, the Primary Sub-Custody Agreements, any Sub-Custody Agreements and the Metals Counterparty Agreement(s) in respect of the Underlying Metal; (ii) the Issuer’s title in each Allocated Account (in the case of a Series backed by a Precious Metal) or Off-Warrant Account (in the case of a Series backed by a Base Metal), all Underlying Metal held in each such Allocated Account or Off- Warrant Account (as applicable) (including the corresponding Warehouse Receipts evidencing title to such Metal) and any Bills of Lading or LME Warrants held by the Custodian on behalf of the Issuer with a Primary Sub-Custodian; (iii) the Issuer Cash Account and all funds standing to the credit of the Issuer Cash Account; (iv) all property, assets and sums held by the Principal Paying Agent, the Account Bank, the Custodian, each Primary Sub-Custodian, any other Sub-Custodian and/or each Metals Counterparty (including, for the avoidance of doubt the proceeds of any sale or liquidation of Underlying Metal but excluding any Metal held by a Metals Counterparty for delivery to an Authorised Participant or ETC Holder in connection with the settlement of a Buy-Back) in connection with such Series and/or any Transaction Document; (v) the Issuer’s rights against each Transaction Party under each Transaction Document; and (vi) any other property, assets and/or sums which have been charged, assigned, pledged and/or otherwise made subject to the security created by the Issuer in favour of the Security Trustee for the benefit of the Secured Creditors pursuant to each Security Document, and that, in each case, have not been released in accordance therewith.