Loan Collateral definition

Loan Collateral. With respect to any Mortgage Loan, the related Mortgaged Property and any personal property securing the related Mortgage Loan, including any lessor’s interest in such property, whether characterized or recharacterized as an ownership or security interest, and including any accounts or deposits pledged to secure such Mortgage Loan, and any Additional Collateral.

Loan Collateral means any property, whether real or personal, tangible or intangible, of whatever kind and wherever located, whether now owned or hereafter acquired or created, in or over which an Encumbrance has been, or is purported to have been, granted to (or otherwise created) or for the benefit of the Lenders under the Credit Documents.

Loan Collateral means the all of the collateral security more particularly described in the Security Documents and any other security or collateral provided from time to time by, or on behalf of, Borrowers (or any of them) or any other Person for the Obligations (or any portion thereof).

Examples of Loan Collateral in a sentence

• Loan Collateral Recognition and Management Collateralizing loans significantly reduces the credit risk to the Firm.

• C Deteriorating Loan Collateral If deterioration of sugar under loan is reported by the processor, contact KCCO immediately at 816-926-6446.

• The Bank shall be entitled to directly use the Card and Loan Collateral for repayment of debt receivable on the Account and for repayment of the Loan amount, Interest, and other payments according to the Tariffs of the Bank, if repayment is delayed for more than 1 (one) day, to which the Client unconditionally agrees.

• The Bank shall be entitled to directly and in the extra judicial manner use the Card and Loan Collateral for repayment of the debt receivables on the Account, and for repayment of the Loan amount, Interest, commission and penalty charges (fines, penalties), if repayment of the debt is overdue for more than 1 (one) day.

• The proposed Term Sheet must clearly state all relevant and critical terms of the proposed Bond Loan including, but not limited to: the Bond Loan Collateral Requirements described in Section II(B) of this NOGA, any requested prepayment provisions, unique conditions precedent, proposed covenants and exact amounts/percentages for determining the Eligible CDFI’s ability to meet program requirements, and terms and exact language describing any Credit Enhancements.

More Definitions of Loan Collateral

Loan Collateral means, collectively, the Collateral (as defined in each Security Agreement), the Life Insurance, the Patent Collateral (as defined in each Patent Security Agreement), the Pledged Collateral (as defined in each Pledge Agreement), the Mortgaged Property, the Trademark Collateral (as defined in the Trademark Security Agreement), and any other security or collateral provided from time to time by, or on behalf of, a Loan Party or any other Person for the Obligations.

Loan Collateral means the assets and properties securing payment of outstanding obligations of Borrowers under the Loan Documents.

Loan Collateral shall have the meaning set forth in Section 3.1.

Loan Collateral means, collectively and each individually, (i) the Collateral as defined herein, and (ii) the Collateral as defined in the Loan Documents.

Loan Collateral means all of the assets, properties, businesses and rights of every kind, nature, character and description, whether real, personal, or mixed, tangible or intangible, accrued or contingent, owned by whomever and wherever located, in which any Person has taken a security interest with respect to, on which any Person has placed a Lien with respect to, or which is otherwise used to secure, any loan made by the Person or any note, account, or other receivable payable to the Person.

Loan Collateral means all of the assets, properties, businesses and rights of every kind, nature, character and description, whether real, Personal, or mixed, tangible or intangible, accrued or contingent, owned by whomever and wherever located, in which the Company or any of its subsidiaries has taken a security interest with respect to, on which the Company or any of it subsidiaries has placed a Lien with respect to, or which is otherwise used to secure, any loan made by the Company or any of its subsidiaries or any note, account, or other receivable payable to the Company or any of its subsidiaries.

Loan Collateral means all Cash Collateral delivered by Approved Borrowers as collateral for Loans and, without duplication, all cash amounts delivered by Lender pursuant to Section 3(e)(ii) of this Agreement, all Cash Collateral Investments and proceeds of Cash Collateral Investments.