Purchase Money Security Agreement definition

Purchase Money Security Agreement. 101 "refinancing" 1008 "Required Filing Date" 1019 "Restricted Payments" 1009 "Restricted Period" 201 "Revocation" 1018 "Securities" Recitals "Security Amount" 0000 "Xxxxxxxx Xxxxxxxx" 305 "Security Registrar" 305 "Series A Securities" Recitals "Series B Securities" Recitals "Special Payment Date" 309 "Surviving Entity" 801 "Surviving Guarantor Entity" 801 "U.S. Government Obligations" 404 Section 103. Compliance Certificates and Opinions. Upon any application or request by the Company to the Trustee to take any action under any provision of this Indenture and as may be requested by the Trustee, the Company and any Guarantor (if applicable) and any other obligor on the Securities (if applicable) shall furnish to the Trustee an Officers' Certificate in a form and substance reasonably acceptable to the Trustee stating that all conditions precedent, if any, provided for in this Indenture (including any covenant compliance with which constitutes a condition precedent) relating to the proposed action have been complied with, and an Opinion of Counsel in a form and substance reasonably acceptable to the Trustee stating that in the opinion of such counsel all such conditions precedent, if any, have been complied with, except that, in the case of any such application or request as to which the furnishing of such certificates or opinions is specifically required by any provision of this Indenture relating to such particular application or request, no additional certificate or opinion need be furnished. Every certificate or Opinion of Counsel with respect to compliance with a condition or covenant provided for in this Indenture shall include:

Purchase Money Security Agreement. Section 1.01 “refinancing” Section 10.08 “Required Filing Date” Section 10.18 “Restricted Payment Basket” Section 10.09 “Restricted Payments” Section 10.09

Purchase Money Security Agreement any agreement pursuant to which a Person incurs Indebtedness for the limited purpose of funding the acquisition cost of equipment or other tangible property to be used in the ordinary course of such Person’s business, and pursuant to which such Person grants to the holder of such agreement a security interest or Lien only in such equipment or other tangible property and its proceeds to secure only the payment of such Indebtedness.

Examples of Purchase Money Security Agreement in a sentence

• Such disbursements will not be paid until the Purchase Money Security Agreement for said equipment is fully executed.

• Borrower: Date: Co-Borrower: Date: Addendum to Sales Contract And Purchase Money Security Agreement Name: Year Model Make VIN# I acknowledge that I have read and understand the following: It is unlawful to fail to return a motor vehicle subject to a security interest within thirty days after receiving notice of a default.

• The General Counsel, on behalf of Philip, executed a "Purchase Money Security Agreement (Inventory)" in respect of Kataman.

• On or about August 29, 1998, Plaintiff Albus Dumbledore and Ethelreda Dumbledore (collectively referred herein as the Dumbledores) purchased a used 1994 GMC Suburban (“Suburban”) for total sales cash price of$22,480.50 from Neon Motors through a Motor Vehicle Retail Installment Sales Contract and Purchase Money Security Agreement.

• This Agreement is security for a loan to be used to pay a part or all of the purchase price of the Collateral (which is referred to under the Uniform Commercial Code as a Purchase Money Security Agreement); the proceeds of the loan shall be used to pay the purchase price, filing fees and insurance premiums.

More Definitions of Purchase Money Security Agreement

Purchase Money Security Agreement. 101 "refinancing" 1008 "Registration Default" 202 "Required Filing Date" 1019 "Restricted Payments" 1009 "Restricted Period" 201

Purchase Money Security Agreement means the Purchase Money Security Agreement, dated as of February 5 2008, by and among the Company, U.S. Bank National Association, as Collateral Agent, and the lenders party thereto.

Purchase Money Security Agreement has the meaning ascribed thereto under the definition of “Purchase Money Obligation.”

Purchase Money Security Agreement any agreement pursuant to which a Borrower incurs Indebtedness for the limited purpose of funding the acquisition cost of equipment to be used in the ordinary course of the Borrower's business, and pursuant to which the Borrower grants to the holder of such agreement a security interest only in such equipment and its proceeds to secure only the payment of such Indebtedness. RCRA: the meaning specified in Section 4.19.

Purchase Money Security Agreement any agreement pursuant to which a Company incurs Indebtedness for the limited purpose of funding the acquisition cost of equipment to be used in the ordinary course of such Company's business, and pursuant to which the Company grants to the holder of such agreement a security interest only in such equipment and its proceeds to secure only the payment of such Indebtedness.

Purchase Money Security Agreement. 101 "refinancing" 1009 "Required Filing Date" 1019 "Restricted Payments" 1009 "Rule 144A" 201 "Securities" Recitals "Security Xxxxxx" 0000 "Security Register" 305 "Security Registrar" 305 "Series A Securities" Recitals

Purchase Money Security Agreement. 101 "refinancing" 1009 "Registration Default" 202 "Required Filing Date" 1023 "Restricted Payments" 1009 "Revocation" 1018 "Securities" (and "Security") Recitals "Security Amount" 1012 "Security Register" 304 "Security Registrar" 304 "Senior Discharge Date" 1227 "Senior Representative 1217 "Series A Securities" Recitals "Series B Securities" Recitals "Special Payment Date" 309 "Special Record Date" 309 Term Defined in Section ---- ------------------ "Standstill Period" 1227 "Surviving Entity" 801 "Surviving Guarantor Entity" 801 "Taxes" 1022 "Taxing Authority" 1102 "UK Guarantor" 203 "VAT" Definition of "Specified Affiliate Payments"