Substitute Collateral definition
Substitute Collateral shall only refer to such substitute collateral). In connection with such pledge, Bank of America shall deliver to the Trustee the Class SES Certificates, together with an assignment in blank, executed by Bank of America, and shall, from time to time upon the request of the Trustee, execute such other instruments and take such other actions as the Trustee may request to perfect or maintain the perfection of the security interest in the Collateral granted hereby.
Substitute Collateral means any security:
Substitute Collateral shall have the meaning set forth in Section 6 hereof.
Examples of Substitute Collateral in a sentence
Such Written Instructions shall when received by Custodian be deemed Bank's representation and warranty, on which Custodian may rely without further inquiry, that (i) the Substitute Collateral constitutes Collateral that is eligible for deposit hereunder and (ii) has a Margin Value equal to or greater than the Margin Value of the Collateral to be substituted (each, an "Approved Substitution").
More Definitions of Substitute Collateral
Substitute Collateral shall have the meaning set forth in paragraph b of Section 1 of this Agreement.
Substitute Collateral has the meaning specified in Section 11.2(g).
Substitute Collateral means, in the event that it is illegal, impossible or otherwise impractical for us to return the Equivalent Collateral to you, we may, in good faith and using commercially reasonable efforts, return to you collateral that may not be of the same type, nominal value, description and amount as that Collateral.
Substitute Collateral. Any Substitute Collateral as defined in Section 4.10(c) hereof.
Substitute Collateral has the meaning assigned to such term in Section 12.5(d).
Substitute Collateral means any form of collateral delivered by the Company in substitution for the First Mortgage Bonds pursuant to Section 4.09(f) of the Agreement.
Substitute Collateral. As defined in Section 7.06.