Such Grantor definition

Such Grantor has no interest in any "deposit account" or any "securities account" (as each such term is defined in the UCC) other than the Accounts and the deposit accounts listed in Schedule 3.07.
Such Grantor s chief executive office, the location of its books and records, the locations of the Collateral in which such Grantor has an interest and the locations of all of its other places of business; and (b) Schedule I hereto correctly identifies any of such facilities and locations that are not owned by such Grantor and sets forth the names of the owners and lessors or sublessors of such facilities and locations. Each Grantor covenants and agrees that it will not (i) change its jurisdiction of organization or the location of its chief executive office from the location identified in Schedule I hereto, or (ii) change its name unless it gives the Administrative Agent at least thirty (30) days' (or such lesser number of days agreed to by the Administrative Agent) prior written notice thereof and executes any and all financing statements and other documents that the Administrative Agent reasonably requests in connection therewith.

Examples of Such Grantor in a sentence

  • Such Grantor has furnished to the Administrative Agent a certified charter, certificate of incorporation or other organization document and long-form good standing certificate as of a date which is recent to the date hereof.

  • Such Grantor also ratifies its authorization for the Administrative Agent to have filed in any UCC jurisdiction any initial financing statements or amendments thereto if filed prior to the date hereof.

  • Such Grantor has not given any account debtor any deduction in respect of the amount due under any such Account, except in the ordinary course of business or as such Grantor may otherwise advise the Administrative Agent in writing.

  • Such Grantor authorizes the Administrative Agent to attach each Pledge Amendment to this Agreement.

  • Such Grantor authorizes the Collateral Agent to attach each Pledge Amendment to this Agreement.

  • Such Grantor agrees that it will not interfere with any right, power and remedy of the Administrative Agent provided for in this Security Agreement or now or hereafter existing at law or in equity or by statute or otherwise, or the exercise or beginning of the exercise by the Administrative Agent of any one or more of such rights, powers or remedies.

  • Such Grantor hereby authorizes the Administrative Agent to attach each Amendment to this Security Agreement and agrees that all additional Collateral owned by it set forth in such Amendments shall be considered to be part of the Collateral.

  • Such Grantor will maintain a perpetual inventory reporting system at all times.

  • Such Grantor (a) is the record and beneficial owner of the Collateral pledged by it hereunder constituting instruments or certificates and (b) has rights in or the power to transfer each other item of Collateral in which a Lien is granted by it hereunder, free and clear of any other Lien.

  • Such Grantor also agrees to furnish any such information described in the foregoing sentence to the Administrative Agent promptly upon request.


More Definitions of Such Grantor

Such Grantor has no interest in any "deposit account" or any "securities account" (as each such term is defined in the UCC) other than the BMC ICC Account.

Related to Such Grantor

  • Grantor means each and all of the persons or entities granting a Security Interest in any Collateral for the Loan, including without limitation all Borrowers granting such a Security Interest.

  • Pledgor shall have the meaning assigned to such term in the Preamble hereof.

  • Secured Party as used in this Annex means only Party B, (b) the term “Pledgor” as used in this Annex means only Party A, (c) only Party A makes the pledge and grant in Paragraph 2, the acknowledgement in the final sentence of Paragraph 8(a) and the representations in Paragraph 9.

  • Debtor means a person who is liable on a claim.

  • Obligated Party has the meaning assigned to such term in Section 10.02.

  • Grantors shall have the meaning set forth in the preamble.

  • Loan Party means the Borrower and each Guarantor.

  • Security Provider means you and/or any other person or entity furnishing security for any Credit Facilities and/or any party to any security document.

  • Note Party means the Company and the Guarantors.

  • State Party means the State Party to this Agreement;

  • Additional Credit Party means each Person that becomes a Guarantor by execution of a Joinder Agreement in accordance with Section 5.10.

  • Grantors’ Agent means Xxxxxxxx Group Holdings Limited or any other person appointed as agent of the Grantors in accordance with the Principal Finance Documents.

  • Party or “Parties” has the meaning set forth in the Preamble.

  • injured party means any person entitled to claim compensation in respect of any loss or injury caused by a vehicle;

  • Opposing Party means the third party that owes Borrower Miscellaneous Proceeds or the party against whom Xxxxxxxx has a right of action in regard to Miscellaneous Proceeds. Borrower shall be in default if any action or proceeding, whether civil or criminal, is begun that, in Xxxxxx’s judgment, could result in forfeiture of the Property or other material impairment of Xxxxxx’s interest in the Property or rights under this Security Instrument. Borrower can cure such a default and, if acceleration has occurred, reinstate as provided in Section 19, by causing the action or proceeding to be dismissed with a ruling that, in Xxxxxx’s judgment, precludes forfeiture of the Property or other material impairment of Xxxxxx’s interest in the Property or rights under this Security Instrument. The proceeds of any award or claim for damages that are attributable to the impairment of Xxxxxx’s interest in the Property are hereby assigned and shall be paid to Lender. All Miscellaneous Proceeds that are not applied to restoration or repair of the Property shall be applied in the order provided for in Section 2.

  • U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States of America and that is not a CFC.

  • Loan Guarantor means each Loan Party.

  • Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.

  • Commodity intermediary means a person that:

  • Indemnitor has the meaning set forth in Section 12.3.

  • Obligated Person means any person, including the Issuer, who is either generally or through an enterprise, fund, or account of such person committed by contract or other arrangement to support payment of all, or part of the obligations on the Bonds (other than providers of municipal bond insurance, letters of credit, or other liquidity facilities), as shown on Exhibit A.

  • Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.

  • U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.

  • Certification Party As defined in Section 11.05.

  • Subsidiary Grantor means each Grantor other than the Borrower.

  • Assignor as defined in Section 10.6(c).