Security Right definition

Security Right includes any right relating to issuance, sale, assignment, transfer, purchase, redemption, conversion, exchange, registration or voting and includes rights conferred by statute, by the issuer's governing documents or by agreement.

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Security Right with respect to any security, means any option, warrant, subscription right, preemptive right, right to convert or exchange other right, proxy, put, call, demand, plan,

Security Right means any mortgage, charge, security, pledge, lien, right of set-off, right to retention of title or other encumbrance, whether fixed or floating, over any present or future property, assets or undertaking.

Examples of Security Right in a sentence

• Valuation Date Valuation Date shall be (a) in each case in the event of effective exercise by the Security Holder, an Exercise Date on which the Security Right is exercised effectively by the Security Holder in accordance with section 4 of the General Conditions; (b) in the event of ordinary termination by the Issuer, the ordinary termination date.

• The Company is entitled to apply the Balance in your Account in payment of any Liability you have to the Company by way of Security, Right of Setoff or otherwise.

• Valuation Date The Valuation Date shall be (a) in each case in the event of effective exercise by the Security Holder, an Exercise Date on which the Security Right is exercised effectively by the Security Holder in accordance with section 4 of the General Conditions; (b) in the event of ordinary termination by the Issuer pursuant to section 5 of the General Conditions, the Ordinary Termination Date in accordance with section 5 (2) of the General Conditions.

• Except for the Collateral Documents scheduled to be executed after the Initial Drawdown Date under this Agreement, the Borrower shall have entered into the Collateral Documents and perfect the Security Right in accordance with the Collateral Documents not later than the Initial Drawdown Date.

• The Borrower shall provide the Lenders with the Security Right in form and substance reasonably satisfactory to the Lenders in accordance with this Article in order to secure the Secured Obligations.

More Definitions of Security Right

Security Right means, with respect to any Company Security or any Subsidiary Security, any option, warrant, subscription right, preemptive right, other right, proxy, put, call, demand, plan, commitment, agreement, understanding or arrangement of any kind relating to such security, whether issued or unissued, vested or unvested, or any other security convertible into or exchangeable for any such security. “Security Right” includes any right relating to issuance, sale, assignment, transfer, purchase, redemption, conversion, exchange, registration or voting, and includes rights conferred by any Law, the Company’s or any of the Subsidiaries’ Organizational Documents or by agreement.

Security Right means any form of security as defined in Civil Code

Security Right includes any mortgage (hypotheek), pledge (pandrecht), retention of title arrangement (eigendomsvoorbehoud), right of retention (recht van retentie), right to reclaim goods (recht van reclame), and, in general, any right in rem (beperkt recht), created for the purpose of granting security (goederenrechtelijke zekerheid);

Security Right means a property right in a movable asset that is created by an agreement to secure payment or other performance of an obligation, regardless of whether the parties have denominated it as a security right, and regardless of the type of asset, the status of the grantor or secured creditor, or the nature of the secured obligation. The term also includes the right of the transferee in an outright transfer of a receivable;

Security Right means (i) any security in rem (dingliche Sicherheit) including any pledge (Pfandrecht), lien based on general business conditions (AGB-Pfandrecht) or assignment for security purposes (Sicherungsabtretung) created or expressed to be created in favor of a Lender or the Agent; and (ii) any right under a submission to immediate execution (Unterwerfung unter die sofortige Zwangsvollstreckung), any right to be agreed upon disposal restrictions (vereinbarte Verfügungsbeschränkungen), any right of setoff (Aufrechnungsrecht) and any retention right (Zurückbehaltungsrecht) granted in favor of a Lender or the Agent.

Security Right means any mortgage, charge, standard security, right in security, security, pledge, lien, right of set-off, right to retention of title or other encumbrance, whether fixed or floating, over any present or future property, assets or undertaking.

Security Right shall have the meaning given to such term in Section 7.1(b) of the Lease.