Specific Collateral definition
Examples of Specific Collateral in a sentence
If, prior to the date of this Agreement, the Borrower and the Bank have entered into an Agreement for Advances and Security Agreement with Blanket Floating Lien (as amended) or an Advances, Specific Collateral Pledge and Security Agreement (each, a “Prior Agreement”), then this Agreement shall amend and restate the Prior Agreement in its entirety as the date hereof.
If the Bank requires the Member to substitute for this Agreement the Bank's "Advances, Specific Collateral Pledge and Security Agreement," the Member must execute that agreement and comply with the requirements of that agreement in all respects.
If the Bank requires the Member to substitute for this Agreement the Bank’s “Advances, Specific Collateral Pledge and Security Agreement,” the Member must execute that agreement and comply with the requirements of that agreement in all respects.
For greater certainty, the provisions of this Section 9.9 shall operate without limitation to the rights of the Lenders under the Borrower’s Specific Security Agreements in respect of the Security of the Lenders over the Specific Collateral.
If checked here, all inventory, accounts, contract rights, equipment, general intangibles, instruments, documents of title and chattel paper described in the attached schedule and any additional schedules delivered by Debtor to Lender from time to time; (c) [X] Specific Collateral.
Section 4.1 Title; No Other Liens 6 Section 4.2 Perfection and Priority 6 Section 4.3 Jurisdiction of Organization; Chief Executive Office 6 Section 4.4 Locations of Inventory, Equipment and Books and Records 7 Section 4.5 Pledged Collateral 7 Section 4.6 Intellectual Property 7 Section 4.7 Commercial Tort Claims 8 Section 4.8 Specific Collateral 8 Section 4.9 Enforcement 8 Article V.
CPF shall indemnify and hold harmless the Trustee from any present or future claim for liability for any stamp or other similar tax and any penalties or interest with respect thereto, that may be assessed, levied or collected by any jurisdiction in connection with this Indenture or any Collateral or any Group Specific Collateral for any Group.
Notwithstanding the foregoing, HSBC has a Specific Security Interest in (i) its Specific Collateral and (ii) amounts on deposit in an account of the Company at HSBC and proceeds thereof to secure the Company’s obligations to HSBC in connection with the leasing by HSBC of Precious Metals to the Company.
Each Benefited Party agrees not to take any action to enforce any term or provision of any Collateral Document or to enforce any of its rights in respect of the Collateral (other than Specific Collateral) except through the Collateral Agent in accordance with this Agreement.
The Trustee is hereby authorized, but shall have no obligation, to execute and file any financing statements, continuation statements or other instruments necessary or appropriate to perfect or maintain the perfection of the Trustee’s security interest in the Collateral and the Group Specific Collateral for such Group.