Security Interest definition

Security Interest means any mortgage, charge, pledge, lien or other security interest including, without limitation, anything analogous to any of the foregoing under the laws of any jurisdiction;
Security Interest means any mortgage, pledge, lien, charge, assignment, hypothecation or security interest or any other agreement or arrangement having a similar effect.
Security Interest means any mortgage, security interest, pledge, lien, charge, claim, option, right to acquire, voting or other restriction, right-of-way, covenant, condition, easement, encroachment, restriction on transfer, or other encumbrance of any other nature.

Examples of Security Interest in a sentence

  • The Security Interest is and shall be prior to any other Lien on any of the Article 9 Collateral, other than Liens permitted under Section 6.02 of the Credit Agreement.

  • SECURITY INTEREST 71 ​ 10.1 Grant of Security Interest 71 ​ 10.2 Agents’ Rights 73 ​ 10.3 Administrative Agent’s Appointment as Attorney-in-Fact 73 ​ 10.4 Grant of License to Use Intellectual Property Collateral 74 ​ ​ ​ ​ 10.5 Terminations; Amendments Not Authorized 74 ​ 10.6 Inspections 74 ​ 10.7 IP Appraisal 75 ​ ​ ​ ​ 11.

  • Notwithstanding the foregoing provisions of this Section 11 or any other provision contained in this Pledge Agreement relating to the Pledgee’s rights and remedies in connection with an Event of Default, upon the occurrence and during the continuance of an Event of Default, the Borrower may pay in cash to the Pledgee the then full outstanding amount of the Secured Obligations, which upon receipt of such cash the Security Interest shall be released pursuant to Section 14.

  • This Agreement, the Security Interest and all other Liens granted hereby shall automatically terminate and be released in accordance with Section 9.19 of the Credit Agreement.


More Definitions of Security Interest

Security Interest means any mortgage, security interest, pledge, lien, charge, claim, option, right to acquire, voting or other restriction, right-of-way, covenant, condition, easement, encroachment, restriction on transfer, or other encumbrance of any nature whatsoever.
Security Interest means any mortgage, pledge, lien, encumbrance, charge, or other security interest, other than (a) mechanic's, materialmen's, and similar liens, (b) liens for taxes not yet due and payable or for taxes that the taxpayer is contesting in good faith through appropriate proceedings, (c) purchase money liens and liens securing rental payments under capital lease arrangements, and (d) other liens arising in the Ordinary Course of Business and not incurred in connection with the borrowing of money.
Security Interest mean and include without limitation any type of collateral security, whether in the form of a lien, charge, mortgage, deed of trust, assignment, pledge, chattel mortgage, chattel trust, factor's lien, equipment trust, conditional sale, trust receipt, lien or title retention contract, lease or consignment intended as a security device, or any other security or lien interest whatsoever, whether created by law, contract, or otherwise.
Security Interest shall have the meaning assigned to such term in Section 2.01.
Security Interest has the meaning assigned to such term in Section 3.01(a).
Security Interest has the meaning given in Section 2.
Security Interest has the meaning assigned to such term in Section 4.01.