Other Collateral means any additional collateral that Lender customarily would require as security for loan facilities on its own account and risk where the permitted borrowing level is based principally on a borrowing base derived from a borrower’s inventory and accounts receivable, but where such additional collateral does not enter into the borrowing base calculation.
Other Collateral means any personal property of the Grantors, not included within the defined terms Accounts, Chattel Paper, Commercial Tort Claims, Copyrights, Deposit Accounts, Documents, Equipment, Fixtures, General Intangibles, Goods, Instruments, Inventory, Investment Property, Letter-of-Credit Rights, Licenses, Patents, Pledged Deposits, Supporting Obligations and Trademarks, including, without limitation, all cash on hand, letters of credit, Stock Rights or any other deposits (general or special, time or demand, provisional or final) with any bank or other financial institution, it being intended that the Collateral include all personal property of the Grantors, subject to the limitations contained in Article II of this Security Agreement.
Other Collateral means any personal property of the Debtor not included within the defined terms Accounts, Chattel Paper, Documents, Equipment, General Intangibles, Instruments, Inventory, Investment Property and Pledged Deposits, including, without limitation, all cash on hand, letter-of-credit rights, letters of credit, Stock Rights and Deposit Accounts or other deposits (general or special, time or demand, provisional or final) with any bank or other financial institution, it being intended that the Collateral include all property of the Debtor other than real estate.
Examples of Other Collateral in a sentence
In accordance with the Reporting Instructions, therefore, the field Collateral Type will be populated with a CFI in the Other Collateral block of the message.
I am giving Lender a security interest in: Other Collateral X Unsecured have to pay a penalty for prepaying all or part of a loan's principal balance.
S.DC.20: Other Collateral Substitution Risk, which refers to the potential funding risk arising from the reporting entity’s counterparties of non-derivative transactions having the contractual ability to substitute collateral with higher liquidity value currently held by the reporting entity with collateral of lower liquidity value or collateral that the reporting entity cannot monetize either due to liquidity or operational constraints.15.
Id. Although in some circuits revised section 722 merely codified existing common law, the net effect of BAPCPA was to “call for a higher price for redemption than under case law prior to the [BAPCPA].” Jean Braucher, Rash and Ride- Through Redux: The Terms for Holding on to Cars, Homes and Other Collateral Under the 2005 Act, 13 AM.
At the City’s discretion, the following may be accepted as collateral: • U.S. Government Securities • Obligations Of Federal Agencies • Obligations Of Federal Instrumentalities • Obligations Of The State Of Illinois • Obligations Of The City Of Rolling Meadows • General Obligations Bonds Of Other Municipalities rated “A” Or Better • Any Other Collateral Identified In Illinois Compiled Statures As Acceptable For Use By The Treasurer Of The State Of Illinois.
More Definitions of Other Collateral
Other Collateral means all now owned or hereafter acquired: cash and other monies and property in the possession or control of the Agent and/or the Lenders at any time; all books, records, ledger cards, disks and related data processing software at any time evidencing or containing information relating to any of the Collateral or otherwise necessary or helpful in the collection thereof or realization thereon; all letters of credit and proceeds of letters of credit; and all cash and non-cash proceeds of any of the foregoing. OUT-OF-POCKET EXPENSES shall mean all of the Lenders' and/or the Agent's present and future expenses incurred relative to this Agreement, whether incurred heretofore or hereafter, which expenses shall include, without being limited to, the cost of record searches, all costs and expenses incurred by the Agent in opening bank accounts, depositing checks, receiving and transferring funds, and any charges imposed on the Agent due to "insufficient funds" of deposited checks and the Agent's standard fee relating thereto, any amounts paid by the Agent, incurred by or charged to the Agent by the Issuing Bank under the Letter of Credit Guaranty or the Company's Reimbursement Agreement, Application for Letter of Credit or other like document which pertain either directly or indirectly to such Letters of Credit, and the Agent's standard fees relating to the Letters of Credit and any drafts thereunder, outside counsel fees, fees and taxes relative to the filing of financing statements, and all expenses, costs and fees set forth in Section 9 of this Agreement. PERMITTED ENCUMBRANCES shall mean: I) liens expressly permitted, or consented to, by the Agent; II) Purchase Money Liens; III) Customarily Permitted Liens; IV) liens granted the Agent for the benefit of the Lenders by the Company; V) liens of judgment creditors provided such liens do not exceed, in the aggregate, at any time, $100,000.00 (other than liens bonded or insured to the reasonable satisfaction of the Agent); VI) cash collateral pledged to secure the letters of credit listed on Schedule P-1 attached hereto provided x) such cash collateral does not exceed one hundred and five percent (105%) of the then outstanding amount of such letters of credit and y) such letters of credit may not be renewed; VII) liens for taxes not yet due and payable or which are being diligently contested in good faith by the Company by appropriate proceedings and which liens are not x) senior to the liens of the Agent or y) for...
Other Collateral all assets of the Company and its Subsidiaries (other than Margin Stock) by which the Loans are deemed “indirectly secured” within the meaning of Regulation U.
Other Collateral means any property of the Grantors, not included within the defined terms Accounts, Chattel Paper, Commercial Tort Claims, Documents, Equipment, Fixtures, General Intangibles, Instruments, Inventory, Investment Property and Pledged Deposits, including, without limitation, all cash on hand, letter-of-credit rights, letters of credit, Stock Rights and Deposit Accounts or other deposits (general or special, time or demand, provisional or final) with any bank or other financial institution, it being intended that the Collateral include all real and personal property of the Grantors.
Other Collateral means all now owned and hereafter acquired lockbox, blocked account and any other deposit accounts maintained with any bank or financial institutions into which the proceeds of Collateral are or may be deposited; all other deposit accounts and all Investment Property; all cash and other monies and property in the possession or control of CIT; all books, records, ledger cards, disks and related data processing software at any time evidencing or containing information relating to any of the Collateral described herein or otherwise necessary or helpful in the collection thereof or realization thereon; and all cash and non-cash proceeds of the foregoing.
Other Collateral means the payments which ABI shall be entitled to receive from Congoleum or the Plan Trust in respect of ABI's indemnity rights under the Joint Venture Agreement and the Plan, which payments shall be pledged to the Plan Trust and held in escrow by the Plan Trustee in accordance with the Pledge Agreement and the Promissory Note.
Other Collateral means, other than the Collateral, (i) any collateral, subordination, guaranty, endorsement or other security or assurance of payment, whether now existing or hereafter arising or accruing, that now or hereafter secures the payment or other performance of or is otherwise applicable to any of the Obligations or (ii) any obligation of the Secured Party, whether pursuant to any Deposit Account or Instrument or otherwise, that is now or hereafter available for setoff against any of the Obligations.
Other Collateral means items of property other than Capital Stock, First Mortgage Collateral, Government and Agency Securities Collateral and Other Securities Collateral which are offered as Collateral by the Member to the Bank and are specifically accepted by the Bank as Collateral.