TYPES OF COLLATERAL definition

TYPES OF COLLATERAL classification of the collateral is important because many provisions of Article 9 (particularly those dealing with perfection and priorities) make legal distinctions based on the type of collateral. In classifying the collateral, look to see how the Debtor is using the collateral. Goods (4 types): all things which are movable at the time the security interest attaches, and include the unborn young of animals and growing crops. Goods also include fixtures (which we will discuss later). Consumer goods: Used or bought for use primarily for personal, family, or household purposes Equipment: Used or bought for use primarily in business. Farm products: Crops or livestock or supplies used or produced in farming operations or products of crops or livestock in their unmanufactured states (such as ginned cotton, wool-clip, maple syrup, milk and eggs) if they are in the possession of a Debtor engaged in farming operations.
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Examples of TYPES OF COLLATERAL in a sentence

  • TYPES OF COLLATERAL ACCEPTED, AS PERCENT OF SME PORTFOLIO VALUE, 2007 Farming equipment, 1.3%Yield (harvest), 0.3%No collateral, 0.2% Inventory, 11.4%Receivables, 1.2% Real estate, 41.9%Property, 19.8%Guarantee, 8.7%Automobile transport, 15.2%Source: Center-Invest, June 2009Center-Invest Objective 1: Develop Relationships with Clients in Krasnodar and VolgogradAs stated above, Center-Invest had intended to use the DCA guarantee to enter the SME markets in Krasnodar and Volgograd.

  • TYPES OF COLLATERAL The bill generally retains the collateral classifications of current law but it modifies some and adds additional ones.

  • KEY TYPES OF COLLATERAL DEFINED UNDER 9A-102(a) The following are the most common types of collateral covered by security interests that may come into play in the bankruptcy context.

  • TYPES OF COLLATERAL ACCEPTED, AS PERCENT OF SME PORTFOLIO VALUE, 2006 Receivables, 0.01%USAID'sGuarantee, 0.03% Real Estate, 7.49% Property, 14.63%Automobile Transport, 2.57% Guarantee, 75.27% FIGURE 3.

  • Number Date If Foreign, What Country Subsidiary Inventor Accessory Wall Panel Pending P Edison, J XxxxxxXxxxx, K Obata, R Xxxxxxxx Decorative Plate on Shoe Sole Pending W Young, B Keely Display Table D539,564 4/3/2007 P Edison, J XxxxxxXxxxx, K Obata, R Xxxxxxxx SPECIAL TYPES OF COLLATERAL Patent Name - 5b.

  • The Court went further to assume that the principle of non- refoulement ‘is also a customary norm of International Law, and is enhanced in the inter-American system by the recognition of the right to seek and to receive asylum.96 This amelioration can be regarded in the very wording of the American Convention.

  • By: Name: Title: ACCEPTED BY SECURED PARTY: PRIVATE EQUITY MANAGEMENT GROUP, INC., as Agent By: Name: Title: Schedule A to PATENT SECURITY AGREEMENT Patents SPECIAL TYPES OF COLLATERAL Patent Name - 5b.

  • By: Name: Title: ACCEPTED BY SECURED PARTY: PRIVATE EQUITY MANAGEMENT GROUP, INC., as Agent By: Name: Title: [Signature Page to the Trademark Security Agreement] Schedule A to TRADEMARK SECURITY AGREEMENT Trademarks SPECIAL TYPES OF COLLATERAL Trademark - 5b.

  • Contractual Subordination 6-15 CHAPTER 7 PARTICULAR TYPES OF COLLATERAL .

Related to TYPES OF COLLATERAL

  • UCC Collateral is defined in Section 3.03.

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.

  • Collateral Substitution has the meaning specified in Section 3.13.

  • Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Schedule of Collateral Obligations means the list or lists of Collateral Obligations attached to each Asset Approval Request and each Reinvestment Request. Each such schedule shall identify the assets that will become Collateral Obligations, shall set forth such information with respect to each such Collateral Obligation as the Borrower or the Facility Agent may reasonably require and shall supplement any such schedules attached to previously-delivered Asset Approval Requests and Reinvestment Requests.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Additional Collateral Documents as defined in the Base Intercreditor Agreement.

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • Additional Collateral Loan Each Mortgage Loan that is supported by Additional Collateral.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Credit Agreement Collateral Documents means the Security Agreement, the other Collateral Documents (as defined in the Credit Agreement) and each other agreement entered into in favor of the Credit Agreement Collateral Agent for the purpose of securing any Credit Agreement Obligations.

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Collateral Proceeds means the Liquidation Proceeds of the Relevant Collateral or any Undeliverable Assets forming part of the Relevant Collateral (as the case may be) denominated in the Settlement Currency.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Indenture Collateral has the meaning set forth in the Granting Clause of the Indenture.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Senior Collateral Documents means the Security Agreement and the other “Collateral Documents” as defined in the Credit Agreement, the First Lien Intercreditor Agreement (upon and after the initial execution and delivery thereof by the initial parties thereto) and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by the Borrower or any other Grantor for purposes of providing collateral security for any Senior Obligation.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any mortgage, deed of trust, security agreement, pledge agreement, assignment or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.