Required Collateral. With respect to each Advance, Borrower shall cause to be maintained with Lender Collateral consisting of a Mortgage Loan(s) with a Collateral Value not less than, at any date, the outstanding principal balance of the related Advance. With respect to each Advance, the Pledged Mortgage Loan shall be:
Required Collateral. LENDER'S LIEN ON THE COLLATERAL DESCRIBED IN THE SECTION TITLED "PROJECT DESCRIPTION" MUST REMAIN IN A FIRST AND BEST LIEN POSITION.
Required Collateral. The Qualified Public Depository shall secure all public deposits held by the Qualified Public Depository by pledging to the Treasurer eligible collateral, as defined in Tennessee Code Annotated §9-4-502(12), in an amount equal to or in excess of the required collateral as defined in Tennessee Code Annotated §9-4-502(19). Any security proposed by the Qualified Public Depository to be pledged as collateral pursuant to this Agreement must be approved by the Treasurer in accordance with Section 5.b. below prior to its deposit with a trustee custodian. The Treasurer will only accept securities clearly permitted above as collateral. Further, the Treasurer may, in good faith, decline to accept securities as collateral when circumstances require in order to ensure the pledging of sufficient marketable collateral to meet the purposes of this Agreement and the Act. The Qualified Public Depository shall furnish to the Treasurer any supporting documents of newly formed securities as may be requested by the Treasurer.
Required Collateral the Collateral determined by the Bank, which shall be established by the Customer pursuant to the provisions of §§ 14 and 15, specified as the Required Collateral in the Credit Support Agreement.
Required Collateral. The Customer may be requested to establish the Required Collateral on any Business Day. The amount of the Required Collateral shall be equal to the value of the Customer’s Exposure calculated on the Pricing Date. The method of calculation of the Customer’s Exposure shall be determined in the Credit Support Agreement.
Required Collateral. Mortgages. Upon written request of any Lender, within twenty-five (25) days of such request, Borrower shall cause Guarantor to execute and deliver to Agent for recording Mortgages for each Property in form and substance reasonably satisfactory to Guarantor and Lenders. If, after the date hereof, Borrower or Guarantor directly or indirectly through a Subsidiarity acquires any real property, upon request of any Lender, Borrower shall cause Guarantor or such Subsidiary to execute and deliver to Agent for recording in the applicable county recorder’s office, a Mortgage in substantially the form as prior Mortgages, subject to those changes deemed necessary by Agent and its counsel to provide for local law requirements.
Required Collateral. With respect to each Purchased Mortgage Loan, Seller shall cause to be maintained with Custodian collateral consisting of a Mortgage Loan(s) with an Asset Value not less than, at any date, the Purchase Price. With respect to each Purchase Price, the Purchased Mortgage Loan shall be:
Required Collateral. If the principal amount of the Note and its accrued and unpaid interest through the end of the preceding calendar quarter exceed 95% of the market value of the pledged Units of the Partnership, the General may require the Borrower to remedy the deficiency within 48 hours (not including hours of a day not a business day) by providing additional collateral of a kind acceptable to the General Partner or by paying part of the unpaid principal and accrued interest. If additional collateral (or a partial payment) is not timely provided, the General Partner may liquidate the Note by selling the pledged Units and applying the proceeds to pay the liquidation expenses, the accrued and unpaid interest on the Note, and the unpaid principal of the Note. Any excess of proceeds would be paid to the Borrower, and any deficiency in proceeds would be an obligation of the Borrower to the General Partner. Payment of Principal The principal amount of the Note is required to be paid:
Required Collateral. As soon as reasonably practicable, but in any event on or before Agent's close of business on November 30, 1998, execute and/or deliver to the Agent, for and on behalf of the Banks, (i) Collateral Documents granting to Agent, for and on behalf of the Banks, as security for the Indebtedness, a first priority perfected security interest, mortgage and lien encumbering the Collateral, subject only to Liens permitted under Sections 8.6(a) through (c) hereof and to the grant of security interests and liens in favor of the holders of the Senior Debt (and, to the extent applicable, Future Debt under clause (x) of the definition thereof) on an equal and ratable basis with the liens granted hereunder and (ii) to the extent necessary (as determined by the Agent or the Majority Banks) an intercreditor agreement(s); provided however that in accepting such Collateral, Agent and the Banks agree, upon the request of the Company, in connection with a Permitted Securitization, to release such Collateral, but only to the extent of the Advances to Dealers (and the Dealer Agreements, Installment Contracts and related property) covered by such Permitted Securitization;."
Required Collateral. The Pledgors covenant and agree to maintain, at all times during the term of this Agreement, in addition to the Stock Collateral, Eligible Collateral pledged to the Lender pursuant hereto having an aggregate Stipulated Value not less than the Amended and Restated Pledge Agreement Required Collateral Balance at such time. Such Eligible Collateral so pledged hereunder in accordance herewith may consist, from time to time, of any combination of Eligible Collateral.
