Specified Personal Property definition

Specified Personal Property means any Property of a type in which a Lien is purported to be granted pursuant to the Security Agreement, any Lux Security Agreement or any Mortgage.
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Specified Personal Property means any Property of a type in which a Lien is purported to be granted pursuant to the Security Agreement or Mortgage.
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Specified Personal Property shall have the meaning assigned to such term in Section 3(a).
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Examples of Specified Personal Property in a sentence

  • What We will pay How We will settle Your claim Household Contents and/or Specified Personal Property other than motor vehicles, motor bikes (including trail bikes), caravans, trailers, Boats or other watercraft We will at Our option: • repair damaged goods; or • replace damaged or lost goods with the closest equivalent new goods; or • pay You the cost of repair or replacement.

  • Option B – Nominated perils This option provides a more limited cover for loss or damage to Your Household Contents and Personal Property arising from one of the events listed in the cover option for example fire, Flood and collision of the vehicle used to carry Your Household Goods or Specified Personal Property.

  • Underinsurance If You do not insure Your Household Contents and/or Specified Personal Property for the full value this means You have understated the overall value of Your Household Contents, underinsurance will apply and Your claim may be reduced.

  • Specified Personal Property must be declared and listed in the Policy Schedule.

  • The Period of Transit shall also include that period whilst the Household Contents and/or Specified Personal Property are in Your Professional Removalist’s or Professional Carrier’s premises during Incidental Storage for the purpose of moving of goods to from one Conveyance to another or packing prior to Transit to the Destination specified in Your Schedule.

  • This cover option is available: • where a Professional Removalist is moving Your Household Contents; • where a Professional Carrier is moving other Specified Personal Property.

  • If You do not receive all Your Household Contents and/ or Specified Personal Property or, receive packaging showing signs of damage, wetting or staining when delivered, note the details of the loss of or damage on Your Removalist’s consignment note /delivery document before You sign for the receipt of Your Household Contents.

  • Nominated Storage refers to the situation where You have requested or organised for the Household Contents and/or Specified Personal Property to be stored at an intermediate place other than the final Destination for a temporary period at recognised and professional storage facilities which are not owned or occupied by You.

  • This option is available in some circumstances where Option A is not available, for example where You are moving the Household Goods or Specified Personal Property yourself, or for live plants and trees.

  • Period of Transit The provisions for the commencement and termination of Your Household Contents and Specified Personal Property cover vary depending on: • the types of property being moved; • the cover Option selected (Cover A or B); • whether the Transit is within Australia or to/from an overseas Destination.


More Definitions of Specified Personal Property

Specified Personal Property means as follows:
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Specified Personal Property any Property of the Borrower or any Subsidiary Guarantor as to which the security interest of the Collateral Agent may be perfected by (i) filing financing statements under the Uniform Commercial Code, (ii) filings in the U.S. Patent and Trademark office, (iii) recording of a U.S. vessel mortgage or (iv) possession or "Control" (as defined in Section 8-106 of the New York Uniform Commercial Code) thereof in the United States, with respect to any personal property (other than "Goods", as defined in Section 9-102 of the New York Uniform Commercial Code) in which a security interest may be so perfected.
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Specified Personal Property any Property of the Borrower or any Guarantor as to which the security interest of the Collateral Agent may be perfected by (i) filing financing statements under the Uniform Commercial Code, (ii) filings in the U.S. Patent and Trademark Office or the U.S. Copyright Office, (iii) recording of a U.S. vessel mortgage or (iv) possession or "Control" (as defined in Section 8-106 of the New York Uniform Commercial Code) thereof in the United States, with respect to any personal property (other than "Goods", as defined in Section 9-102 of the New York Uniform Commercial Code) in which a security interest may be so perfected.
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Specified Personal Property means the computers and printers of the Debtor, as is where is, in the Vendors possession in its capacity as Court-appointed trustee of the Debtor;
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Related to Specified Personal Property

  • Excluded Personal Property has the meaning set forth in Section 2.2(c).

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Personal Property shall have the meaning set forth in the granting clause of the Mortgage.

  • Tangible Personal Property has the meaning set forth in Section 2.01(e).

  • Intangible Personal Property means incorporeal personal property including, but not limited to, deposits in banks, negotiable instruments, mortgages, debts, receivables, shares of stock, bonds, notes, credits, evidences of an interest in property, evidences of debt, and choses in action generally.

  • Transferred Real Property shall have the meaning set forth in Section 1.2(a)(vii).

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Eligible personal property means property that meets all of the following conditions:

  • Assisted cleaning or washing of tangible personal property means cleaning or washing of tangible personal property if the cleaning or washing labor is primarily performed by an individual:

  • Company Leased Real Property shall have the meaning set forth in Section 3.15(b).

  • Owned Real Property has the meaning set forth in Section 4.10(a).

  • Tenant’s Personal Property means all motor vehicles, Inventories, FAS and any other tangible personal property of Tenant, if any, acquired by Tenant at its election and with its own funds on and after the date hereof and located at the Leased Property or used in Tenant's business at the Leased Property and all modifications, replacements, alterations and additions to such personal property installed at the expense of Tenant, other than any items included within the definition of Proprietary Information.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit K with such amendments or modifications as may be approved by the Collateral Agent.

  • Excluded Real Property means (a) any fee-owned real property with a purchase price (in the case of real property acquired after the Effective Date) or Fair Market Value (in the case of real property owned as of the Effective Date, with Fair Market Value determined as of the Effective Date) of less than $3,500,000 individually, (b) any real property that is subject to a Lien permitted by Sections 6.02(iv), (xix), (xxii), (xxiii), (xxviii) or (xxxi), (c) any real property with respect to which, in the reasonable judgment of the Term Administrative Agent (confirmed by notice to the Borrower) the cost (including as a result of adverse tax consequences) of providing a Mortgage shall be excessive in view of the benefits to be obtained by the Lenders, (d) any real property to the extent providing a mortgage on such real property would (i) be prohibited or limited by any applicable law, rule or regulation (but only so long as such prohibition or limitation is in effect), (ii) violate a contractual obligation to the owners of such real property (other than any such owners that are the Borrower or Affiliates of the Borrower) that is binding on or relating to such real property (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code) but only to the extent such contractual obligation was not incurred in anticipation of this provision or (iii) give any other party (other than the Borrower or a wholly-owned Restricted Subsidiary of the Borrower) to any contract, agreement, instrument or indenture governing such real property the right to terminate its obligations thereunder (other than customary non-assignment provisions which are ineffective under the Uniform Commercial Code or other applicable law) and (e) any Leasehold.

  • Transition Property means the property right created by a financing order, including without

  • Permitted Real Property Encumbrances means (i) those liens, encumbrances and other matters affecting title to any Mortgaged Property listed in the applicable title policy in respect thereof (or any update thereto) and found, on the date of delivery of such title policy to the Administrative Agent in accordance with the terms hereof, reasonably acceptable by the Administrative Agent, (ii) as to any particular real property at any time, such easements, encroachments, covenants, restrictions, rights of way, minor defects, irregularities or encumbrances on title which do not, in the reasonable opinion of the Administrative Agent, materially impair such real property for the purpose for which it is held by the mortgagor or owner, as the case may be, thereof, or the Lien held by the Administrative Agent, (iii) municipal and zoning laws, regulations, codes and ordinances, which are not violated in any material respect by the existing improvements and the present use made by the mortgagor or owner, as the case may be, of such real property, (iv) general real estate taxes and assessments not yet delinquent, and (v) such other items as the Administrative Agent may consent to.

  • Owned Real Properties has the meaning set forth in Section 3.16(b).

  • Real Property means any estates or interests in real property now owned or hereafter acquired by any Grantor and the improvements thereto.

  • Personal Property Collateral means all Collateral other than Real Property.

  • Real Property Interests means all interests in Owned Real Property and Leased Real Property, including fee estates, leaseholds and subleaseholds, purchase options, easements, licenses, rights to access, and rights of way, and all buildings and other improvements thereon and appurtenant thereto, owned or held by Sellers that are used in the business or operations of the Stations, together with any additions, substitutions and replacements thereof and thereto between the date of this Agreement and the Closing Date, but excluding the Excluded Real Property Interests.

  • Unimproved Real Property means Property in which the Company has an equity interest that was not acquired for the purpose of producing rental or other operating income, that has no development or construction in process and for which no development or construction is planned, in good faith, to commence within one (1) year.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Real Property Rights means all rights in or to real property (such as leasehold or other rights to use or access the Project Site), leases, agreements, Permits, easements, including licenses, private rights-of-way, and utility and railroad crossing rights required to be obtained or maintained by Owner in connection with construction of the Project on the Project Site, transmission of electricity to the Grid, performance of the Work, or operation of the Project.

  • Field emission equipment means equipment which uses an x-ray tube in which electron emission from the cathode is due solely to the action of an electric field.

  • Residential real property means real property improved by a one to four family dwelling used or occupied, or intended to be used or occupied, wholly or partly, as the home or residence of one or more persons, but shall not refer to (a) unimproved real property upon which such dwellings are to be constructed or (b) condominium units or cooperative apartments or (c) property on a homeowners’ association that is not owned in fee simple by the seller.

  • Owned Property has the meaning set forth in Section 4.10(a).