Current Collateral definition

Current Collateral means the cost of the Collateral (including Soft Collateral) described in any Loan Schedule.
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Current Collateral means for Borrowers, on a consolidated basis, all in accordance with GAAP, (i) all Current Assets, less (ii) the sum of (x) Borrower's current assets which are classified on Borrowers' consolidated balance sheet as "prepaid expenses", excluding the amount of interest prepaid on the Term Notes, and otherwise included in prepaid expenses, (y) Borrowers' current liabilities which are classified on Borrowers' consolidated balance sheet as "accounts payable", and (z) all of Borrowers' current liabilities which are classified on Borrowers' consolidated balance sheet as "timber contracts payable."
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Current Collateral means, for any day, all cash and Acceptable Letters of Credit posted by or on behalf of the Sleeve Obligors to the Merrill Parties pursuant to clauses (a)(i)(1) or (a)(ii)(A) of Section 10 of this Agreement, which as of such day has not theretofore been applied or used by the Merrill Parties to satisfy any Credit Sleeve Obligation or otherwise returned to NRG.
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Examples of Current Collateral in a sentence

  • Block 1 BANK OF MONTREAL, REAL ESTATE FINANCE 9TH FLOOR, 000 - 0XX XXXXXX XX CALGARY, AB T2P 3N9 Status Current Collateral: General Block Description Status 1 ALL PRESENT AND AFTER ACQUIRED PERSONAL PROPERTY OF THE DEBTOR.

  • Block 1 BANK OF MONTREAL 9TH FLOOR, 000 - 0XX XXXXXX XX XXXXXXX, XX X0X 0X0 Status Current Collateral: General Block Description Status 1 ALL PRESENT AND AFTER ACQUIRED PERSONAL PROPERTY OF THE DEBTOR.

  • X/X XXXXXXX-XXXXXXXX XXXXXXXX X 00, 0000 XXXXXXX, LIECHTENSTEIN, XX Email: X.Xxxxx@Xxxxx-Xx.Xxx Status Current Collateral: General Block Description Status 1 ALL OF THE DEBTOR'S PERSONAL PROPERTY INTERESTS SUBJECT TO THE LIEN AND CHARGE CREATED BY THE ROYALTY AGREEMENT IN FAVOUR OF THE SECURED PARTY DATED DECEMBER 23RD, 2020 BETWEEN ROBUS RESOURCES INC.

  • Block 1 CRISTOBAL AG X/X XXXXXXX-XXXXXXXX XXXXXXXX X 00, 0000 XXXXXXX, LIECHTENSTEIN, XX Email: X.Xxxxx@Xxxxx-Xx.Xxx Status Current Collateral: General Block Description Status 1 ALL OF THE DEBTOR'S PERSONAL PROPERTY INTERESTS SUBJECT TO THE LIEN AND CHARGE CREATED BY THE ROYALTY AGREEMENT IN FAVOUR OF THE SECURED PARTY DATED DECEMBER 23RD, 2020 BETWEEN ROBUS RESOURCES INC.

  • SUITE 0000, 0000 XXXX XXXXXXXX XXXXXX XXXXXXXXX, XX X0X 0X0 Status Current Collateral: General Block Description Status 1 ALL THE DEBTOR'S PRESENT AND HEREAFTER ACQUIRED PERSONAL PROPERTY Current LOCATED ON, USED PRIMARILY IN CONNECTION WITH OR DERIVED FROM THE PROPERTY LEGALLY DESCRIBED AS PLAN 0210992, BLOCK 4, LOT 41.

  • Pursuant to a Substitution of Collateral Agreement dated the same date as this Agreement, the Borrowers have requested and Lender has agreed to release the Current Collateral on the condition that Pledgor grant to Lender a security interest in 68 Units constituting sixty eight percent (68%) of the outstanding membership interests of the Company (the “Pledged Membership Interests”) to secure the Borrowers’ obligations under the Note and the other Transaction Documents.

  • Block 1 MCAP FINANCIAL CORPORATION 400, 000 XXXX XXXXXX XXXX XXXXXXX, XX X0X 0X0 Status Current Collateral: General Block Description Status 1 ALL PRESENT AND AFTER ACQUIRED PERSONAL PROPERTY OF THE DEBTOR.

Related to Current Collateral

  • Patent Collateral means all Patents, whether now owned or hereafter acquired by the Company that are associated with the Business.

  • Equivalent Collateral means, with respect to any security constituting Posted Collateral, a security of the same issuer and, as applicable, representing or having the same class, series, maturity, interest rate, principal amount or liquidation value and such other provisions as are necessary for that security and the security constituting Posted Collateral to be treated as equivalent in the market for such securities;

  • Account Collateral means, with respect to each Account, such Account, together with all cash, securities, Financial Assets and investments and other property from time to time deposited or credited to such Account and all proceeds thereof, including, with respect to the Reserve Fund, the Reserve Fund Deposit and the Reserve Fund Amount.

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

  • Threshold Event Collateral shall have the meaning assigned to such term in Section 5(g).

  • Trademark Collateral means all Trademarks, whether now owned or hereafter acquired by the Company, that are associated with the Business. Notwithstanding the foregoing, the Trademark Collateral does not and shall not include any Trademark which would be rendered invalid, abandoned, void or unenforceable by reason of its being included as part of the Trademark Collateral.

  • U.S. Collateral means the “Collateral” (or any equivalent term) as defined in the U.S. Security Agreement or any other applicable U.S. Security Document, together with any other assets (whether Real Property or personal property) pledged pursuant to any U.S. Security Document.

  • Possessory Collateral means any Shared Collateral in the possession of a Collateral Agent (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction. Possessory Collateral includes, without limitation, any Certificated Securities, Promissory Notes, Instruments, and Chattel Paper, in each case, delivered to or in the possession of the Collateral Agent under the terms of the First-Lien Security Documents.

  • UCC Collateral is defined in Section 3.03.

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

  • Copyright Collateral means all Copyrights, whether now owned or hereafter acquired by the Company, that are associated with the Business.

  • Stock Collateral means, collectively, the Collateral described in clauses (a) through (c) of Section 3 hereof and the proceeds of and to any such property and, to the extent related to any such property or such proceeds, all books, correspondence, credit files, records, invoices and other papers.

  • 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.

  • Primary Collateral With respect to any Cross-Collateralized Mortgage Loan, any Mortgaged Property (or portion thereof) designated as directly securing such Cross-Collateralized Mortgage Loan and excluding any Mortgaged Property (or portion thereof) as to which the related lien may only be foreclosed upon by exercise of the cross-collateralization provisions of such Cross-Collateralized Mortgage Loan.

  • Collateral has the meaning set forth in Section 2.

  • Control Collateral means any Collateral consisting of any Certificated Security (as defined in Section 8-102 of the Uniform Commercial Code), Investment Property, Deposit Account, Instruments and any other Collateral as to which a Lien may be perfected through possession or control by the secured party, or any agent therefor.

  • 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 Borrower 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.

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

  • Swap Collateral means all right, title and interest of Party B in this Agreement, each Transaction hereunder, and all present and future amounts payable by Party A to Party B under or in connection with this Agreement or any Transaction governed by this Agreement, including, without limitation, any transfer or termination of any such Transaction.

  • Pledged Collateral has the meaning assigned to such term in Section 2.01.

  • 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.

  • As-Extracted Collateral means “as-extracted collateral” as such term is defined in the Uniform Commercial Code as in effect on the date hereof in the State of New York.

  • Excluded Collateral shall have the meaning assigned to such term in the Security 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.

  • 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.