Security Assets definition
Examples of Security Assets in a sentence
If the Chargee, any Receiver or any Delegate takes possession of the Security Assets, it may at any time relinquish possession.
The Chargor shall supply to the Chargee promptly such information regarding his financial condition, business and operations, his Security Assets and his compliance with this Deed as the Chargee may reasonably request.
At any time after the Security Interests have become enforceable, to the fullest extent permitted by law, any rights conferred by this Deed or by law upon a Receiver may be exercised by the Chargee, whether or not the Chargee shall have appointed a Receiver of all or any part of the Security Assets.
At any time after the Security Interests have become enforceable and subject to the Authorizations in place, the Chargee may in its absolute discretion enforce all or any part of the Security Interests in any manner it sees fit and hold or dispose of all or any part of the Security Assets.
Once the Secured Liabilities are discharged, the Chargee shall at the request and cost of the Chargor, release, reassign or discharge (as appropriate) the Security Assets from the Security Interests.