Security Assignment definition

Security Assignment means, in respect of each Authorised Participant Agreement and

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Security Assignment means the assignment agreements dated 20 April 2004 providing for the assignment to the Security Agent of the fixed and current assets of the Borrower.

Security Assignment has the meaning as defined in Section 13.5(a).

Examples of Security Assignment in a sentence

• If there are any outstanding Secured Liabilities, such termination will not affect the Security Assignment and the rights of the Allocation Platform against the Registered Participant arising under this Agreement and the relevant Allocation Rules and/or Additional Rules.

• Prior to an Obligor making any Authorised Investment in England, that Obligor shall ensure that it has entered into the Offshore Security Assignment.

• Lessee's rights under this Lease shall not be subject or subordinate to the Head Lease, the Security Assignment or the Indenture.

• The rights of Head Lessor and Indenture Trustee under the Head Lease, the Security Assignment and the Indenture, as the case may be, shall be subject to Lessee's rights under Section 13.7 of this Lease.

• Prior to the Borrower making any Authorised Investment in England, the Borrower shall ensure that it has entered into the Offshore Security Assignment.

More Definitions of Security Assignment

Security Assignment means the assignment of the Collateral by way of security (transfert de propriété à titre de garantie) in accordance with Luxembourg law, the Collateral Law and the Circulation Law made from the Registered Participant to the Allocation Platform pursuant to this Agreement.

Security Assignment means, that certain Deed of Assignment by way of Security dated on or about the Original Restatement Closing Date made between the applicable UK Credit Parties and the Agent, as the same may be amended, restated, supplemented or otherwise modified from time to time.

Security Assignment means the Assignment of Sublease (Trust No. 118-A) dated as of July 10, 1995 between Lessor, as assignor, and Head Lessor, as assignee.

Security Assignment means the English law governed security assignment entered into by the ProjectCo and the Seller in favour of the Security SPV pursuant to which the ProjectCo and the Seller assign certain rights in respect of the Seller Loan Agreement and Seller Offtake Agreement.

Security Assignment means a first assignment of the Borrower’s rights in respect of Insurances and all benefits thereof (including the right to receive claims and to return of premiums), Builder’s Risks Insurances and all benefits thereof (including the right to receive claims and to return of premiums), Earnings and Requisition Compensation by the Borrower in favour of the Security Agent in the agreed form.

Security Assignment means, in respect of any Borrower, the security assignment entered or to be entered into between that Borrower, as assignor, and the Security Trustee, as assignee, which shall be in substantially the form of the Security Assignments entered or to be entered into by the Principal Borrower on or about the Signing Date in the agreed form or otherwise in form and substance reasonably satisfactory to the Security Trustee;

Security Assignment means the assignment by and between [the Operator][the Affiliate Owner] and the Mortgagee securing the payment of [Operator][Affiliate Owner]’s indebtedness to the Mortgagee by mortgage over the Drilling Unit, certain insurance and insurance proceeds in the Event of Default;