Granting Clauses definition

Granting Clauses with respect to each Individual Property.
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Granting Clauses. For and in consideration of the sum of Ten Dollars ($10.00) and other valuable consideration, the receipt and sufficiency of which are hereby acknowledged, and to secure the Secured Obligations, the Borrower hereby grants, transfers, bargains, sells, assigns and conveys to Trustee in trust, with power of sale and right of entry and possession, and hereby grants to the Beneficiary, a security interest in and upon, in and to the following property and rights, whether now owned or held or hereafter acquired (collectively, the "Mortgaged Property"): GRANTING CLAUSE ONE All right, title and interest in and to the real property described on Schedule A hereto (the "Premises").
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Granting Clauses means the portion of the Trust Indenture prior to Section 1, beginning with the statement of consideration.
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Examples of Granting Clauses in a sentence

  • The pledge and assignment of and the security interest granted in the Trust Estate pursuant to the Granting Clauses hereof for the payment of the principal of, premium, if any, and interest on the Bonds, in accordance with their terms and provisions, and for the payment of all other amounts due hereunder, shall attach, be perfected and be valid and binding from and after the time of the delivery of the Bonds by the Trustee or by any person authorized by the Trustee to deliver the Bonds.

  • The pledge and assignment of and the security interest granted in the Trust Estate pursuant to the Granting Clauses hereof shall attach, be perfected and be valid and binding from and after the time of the delivery of the Bonds by the Trustee or by any Person authorized by the Trustee to deliver the Bonds.

  • Mortgaged Property shall have the meaning specified as stated in the Habendum to the Granting Clauses.

  • Excepted Property shall have the meaning stated in the Granting Clauses.

  • Nothing in the Bonds or in this Indenture shall be considered as assigning or pledging funds or assets of the Issuer other than those covered by the Granting Clauses set forth herein.

  • Clause (d) of the Granting Clauses is hereby amended to insert the text ", the Refinancing Purchase Agreement, the Refinancing Placement Agency Agreement" immediately following the text "the Purchase Agreement".

  • Moneys derived from the Bond Loan Agreement include all moneys derived from the Granting Clauses set forth herein, including, but not limited to, the amounts deposited in the Funds (excluding (a) amounts held in Rebate Fund and the Rebate Amount whether or not deposited in the Rebate Fund and (b) the Costs of Issuance Fund unless and to the extent funded with Proceeds of the Bonds) to the extent hereof and in the manner provided in Article V hereof.

  • The Bonds and the interest and any premium thereon shall be limited obligations of the Issuer as provided in Section 10.9 hereof, and shall be secured by and payable from the Security pledged and assigned to the Trustee by the Issuer pursuant to the Granting Clauses hereof.

  • The Bonds and the interest thereon are payable solely from and secured by the Security pledged and assigned to the Trustee by the Issuer pursuant to the Granting Clauses hereof, all as described in and subject to limitations set forth in this Indenture, for the equal and ratable benefit of the Holders, from time to time, of the Bonds.

  • On and after the First Refinancing Date, clause (e) of the Granting Clauses shall be amended by inserting ", the AML Services Agreement" after the "Administration Agreement, Registered Office Agreement".


More Definitions of Granting Clauses

Granting Clauses means the granting clauses appearing at the beginning of the Resolution. "Immediate Notice" shall mean notice (a) by telex, telecopier or telephone, or delivery by hand,
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Granting Clauses means the provisions contained under the heading “Granting Clauses” and before the beginning of Section 1 hereof.
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Granting Clauses means the granting clauses contained in the First and Refunding Mortgage, dated as of June 2, 1924, and in all indentures supplemental thereto executed and delivered prior to the effective modification date.
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Granting Clauses means the granting clauses appearing at the beginning of the
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Related to Granting Clauses

  • Additional Clauses means the additional Clauses in Call Off Schedule 14 (Alternative and/or Additional Clauses) and any other additional Clauses set out in the Call Off Order Form or elsewhere in this Call Off Contract;

  • Deemer clause means a provision under this title under which upon the

  • 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.

  • Due-on-sale clause The clause in a Security Instrument requiring the payment of the Unpaid Principal Balance of the related Mortgage Loan upon the sale of, or the transfer of an interest in, the related Mortgaged Property.

  • Acquisition and Construction Fund means the fund so designated in, and created pursuant to, Section 502 hereof.

  • Asset Pool One Supplement The Second Amended and Restated Asset Pool One Supplement, dated as of December 19, 2007, between Chase Issuance Trust, as Issuing Entity, and Xxxxx Fargo Bank, National Association, as Indenture Trustee and Collateral Agent, and acknowledged and accepted by the Bank, as Transferor, Servicer and Administrator.

  • Asset Pool Supplement means the Second Amended and Restated Asset Pool One Supplement to the Indenture, dated as of December 19, 2007, by and among the Issuing Entity, the Indenture Trustee and the Collateral Agent.

  • Cross-reference The statutory provisions on the President and the Executive are found in title 2 of this code. The statutory provisions on the FSM Congress are found in title 3 of this code.

  • Description of Notes means the “Description of the Notes” section of the Final Offering Memorandum.

  • Request regarding a list of collateral means a record authenticated by a debtor requesting that the recipient approve or correct a list of what the debtor believes to be the collateral securing an obligation and reasonably identifying the transaction or relationship that is the subject of the request.

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

  • Caribbean Basin country construction material means a construction material that—

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

  • Additional Collateral Mortgage Loan Each Mortgage Loan identified as such in the Mortgage Loan Schedule.

  • Special purpose equipment means equipment which is used only for research, medical, scientific, or other technical activities. Examples of special purpose equipment include microscopes, x-ray machines, surgical instruments, and spectrometers.

  • Model Clauses means the standard contractual clauses annexed to the EU Commission Decision 2010/87/EU of 5 February 2010 for the transfer of Personal Data to Processors established in third countries under the EU Directives and any amendment, replacement or renewal thereof by the European Commission.

  • Additional Mortgaged Property has the meaning assigned to that term in subsection 6.9.

  • Excluded Properties the collective reference to the fee or leasehold interest in real properties owned by the Parent Borrower or any of its Subsidiaries not described in Schedule 5.8.

  • Collateral Assignments means, collectively, the Assignment of the Development Agreement, and the Assignment of Management Agreement, the Assignment of the Right to Receive Tax Credits, Capital Contributions and Partnership Interests, each in form and substance satisfactory to the Significant Bondholder and the Financial Monitor and as each may be amended or supplemented from time to time with the prior written consent of the Significant Bondholder.

  • Basic Collateral Agency Agreement means the Amended and Restated Basic Collateral Agency Agreement, dated as of March 1, 2009, among Daimler Trust, the Administrative Agent, Daimler Title Co., as collateral agent, and MBFS USA, as lender and as servicer.

  • Additional Pledged Collateral means any Pledged Collateral acquired by any Grantor after the date hereof and in which a security interest is granted pursuant to Section 2.2 (Grant of Security Interest in Collateral), including, to the extent a security interest is granted therein pursuant to Section 2.2 (

  • Asset Pool 1 Supplement means the Asset Pool 1 Supplement dated as of October 9, 2002, by and between the Issuer and the Indenture Trustee, as amended and supplemented from time to time.

  • First Mortgage Indenture means a first mortgage indenture pursuant to which any Borrower or any Subsidiary of any Borrower may issue bonds, notes or similar instruments secured by a lien on all or substantially all of such Borrower’s or such Subsidiary’s fixed assets, as the case may be.

  • Security Schedule means Schedule 2 hereto.