Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.
Underlying Collateral means any and all real or personal property, whether tangible, intangible or mixed, securing or pledged to secure a Loan, including (i) any account, equipment, guarantee or contract right, equity, partnership or other interest that is the subject of any Underlying Collateral Document and (ii) as the context requires, Acquired Property, whether or not expressly specified.
Underlying Collateral means, with respect to any Receivable of any Company, all of its rights with respect to any collateral granted by the Account Debtor in connection with any loan.
Examples of Underlying Collateral in a sentence
Nothing in this Section 3.2 or anything else in this Agreement shall be deemed to affirmatively require any Grantor to cause to be acquired all or any portion of any Underlying Collateral with respect to which there exists any Environmental Hazard.
Without limiting the generality of the foregoing, Debtor shall cause to be delivered to the Collateral Agent and the Purchase Money Notes Guarantor information indicating any possible Environmental Hazards with respect to any Collateral or Underlying Collateral and any notice or report provided to Debtor or the Manager pursuant to Section 5.5 of the Servicing Agreement as in effect on the date hereof.
More Definitions of Underlying Collateral
Underlying Collateral means the Underlying Equipment leased or sold to an Underlying Obligor, or serving otherwise as collateral for a loan to an Underlying Obligor under an Underlying Contract.
Underlying Collateral means, with respect to a Loan, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.
Underlying Collateral means all collateral and assets collateralizing, or otherwise securing payment and performance of, an Underlying Loan.
Underlying Collateral means the real property and any and all other assets of any Collateral Loan Obligor, or of other Persons, pledged or otherwise assigned to Borrower as collateral security for repayment of any Collateral Loan, as more fully described in the Collateral Loan Documents; and including all land and improvements described in the Collateral Loan Document Package, including, without limitation, all fixtures, rights, rights of way, easements, rents, income, and profits, and all policies and proceeds of insurance and other interests appurtenant thereto which shall be encumbered by a Collateral Deed of Trust constituting a valid and enforceable trust deed or mortgage lien of record thereon.
Underlying Collateral has the meaning given in the Contribution Agreement. “Underlying Collateral Document” means any pledge agreement, security agreement, personal, corporate or other guaranty, deed of trust, deed, trust deed, deed to secure debt, mortgage, contract for the sale of real property, assignment, collateral agreement, stock power or other agreement or document of any kind, whether an original or a copy, whether similar to or different from those enumerated, (i) securing in any manner the performance or payment by any Borrower or any Obligor of its obligations or the obligations of any other Borrower or Obligor under any of the Loans or the Notes evidencing the Loans or (ii) evidencing ownership of any Acquired Property.
Underlying Collateral means (i) the Mortgage Security Documents and all monies, accounts, instruments and other property pledged to the Issuer or in which a lien or security interest has been granted to the Issuer as security for the Mortgage Loan pursuant to any of the Mortgage Security Documents and (ii) the Mezzanine Security Documents and all monies, accounts, instruments and other property pledged to the Issuer or in which a lien or security interest has been granted to the Issuer as security for the Mezzanine Loan pursuant to any of the Mezzanine Security Documents and all proceeds of the foregoing.
Underlying Collateral means all of Borrower's rights with respect --------------------- to, or interest in, any and all present and future Medallion Rights, equipment, Real Property, fixtures, machinery, future accounts, accounts receivable, receivables, contracts, contract rights, general intangibles, books, desks, notes, bills, drafts, acceptances, choses in action, chattel paper, instruments, documents and other forms of obligations and property, real, personal or mixed, tangible or intangible, at any item owing to or owned by any Person to whom borrower has made a Borrower Loan, or any guarantor of such Person.