Secured Assets definition

Secured Assets means (insert description of assets in respect of which charge/mortgage may be created) offered as security by the Client;

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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 assets now owned or hereafter acquired by the Credit Parties that are now or hereafter charged or intended to be charged by or in which a lien, security interest, mortgage deed of trust or other encumbrance is granted or created under any of the Security Documents;

Examples of Secured Assets in a sentence

• Upon termination of the Security Trustee’s authority under clause 4.1, the Security Trustee shall (at the cost of the Investors) transfer all Security or Secured Assets then registered in its name and any right, title or interest (including, without limitation, any security interest and any beneficial interest under any trust) to the Investors or to such other person as the Investors may direct in writing.

• In respect of Secured Assets being accounts receivable, the security interest takes effect as a transfer of those accounts receivable.

• Each of the Investors wishes to register, in the name of the Security Trustee, the Security against the Secured Assets (as defined below).

• In order to ascertain whether the margin requirements are being met, the Lender shall be entitled to obtain a valuation of the Secured Assets from a valuer appointed by it.

• Subject to clause 2.7.1, the Security Trustee declares that it shall not enforce the respective interests in or sell, transfer, exchange, realise or otherwise dispose of the legal and beneficial interest of the Investors in the Security or the Secured Assets without the prior approval of an Investor Majority.

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 (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 all of the present and future assets, property and undertaking of each Obligor and all proceeds thereof. For certainty, the Secured Assets shall cease to be Secured Assets, and the Administrative Agent and the Finance Parties will release the Security granted by any Obligor, to the extent such assets are Disposed of in a manner which is permitted, or otherwise not prohibited, in any relevant Credit Document.

Secured Assets means the “Collateral” as defined in the Security Agreement.

Secured Assets shall have the meaning given in Section 3.13. “Securities Act” shall mean Securities Act of 1933, as amended. “Servicer” shall mean have the meaning given in Section 12.3(a).