Security Asset definition

Security Asset means each asset of the Company which from time to time is, or is intended to be, subject to a Security Document.
Security Asset means all of the assets of the Obligors which from time to time are, or are expressed to be, the subject of the Transaction Security.
Security Asset means any asset of the Chargor which is, or is expressed to be, subject to any Security created by this Deed;

Examples of Security Asset in a sentence

  • The Security Agent may accept without enquiry, and will not be obliged to investigate, any right or title any Obligor may have to any Security Asset and will not be liable for, or bound to require any Obligor to remedy, any defect in its right or title.


More Definitions of Security Asset

Security Asset means any asset the subject of any Security Interest under the Security Documents.
Security Asset as defined in any Security Document and shall also include the Mortgaged Properties and all other property that is subject to any Lien in favor of the Administrative Agent, the Collateral Agent or any Subagent for the benefit of the Secured Parties pursuant to any Security Document; provided, that notwithstanding anything to the contrary herein or in any Security Document or other Loan Document, in no case shall the Collateral include any Excluded Property (other than in respect of any English law governed all asset floating charge).
Security Asset means an asset associated with mortgage indenture as herein defined, being mobile and/or immobile property and/or buildings, bailment, personal guarantee, cross security, pledge, promise, bond, note, undertaking, obligation and/or commitment.
Security Asset means a Present Security Asset and a Future Security Asset.
Security Asset means any asset which is the subject of any Security Interest under the Security Documents.
Security Asset means all of the assets of the Borrower or, as applicable, the Parent which from time to time are, or are expressed to be, the subject of the Transaction Security.
Security Asset means any asset of any Obligor which is, or is purported to be, subject to any security granted under any Borrower Security Document.