GRANTING CLAUSE. The Issuer hereby Grants to the Indenture Trustee on the Closing Date, as trustee for the benefit of the Noteholders and the Enhancer, all of the Issuer's right, title and interest in and to all accounts, chattel paper, general intangibles, contract rights, payment intangibles, certificates of deposit, deposit accounts, instruments, documents, letters of credit, money, advices of credit, investment property, goods and other property consisting of, arising under or related to whether now existing or hereafter created in any of the following: (a) the Initial Mortgage Loans and any Subsequent Mortgage Loans (together with the Cut-Off Date Principal Balances and any Additional Balances arising thereafter to and including the date immediately preceding the commencement of the Rapid Amortization Period), and all monies due or to become due thereunder; (b) the Note Payment Account, and all funds on deposit or credited thereto from time to time and all proceeds thereof; (c) the Capitalized Interest Account, and all funds on deposit or credited thereto from time to time (other than any income thereon), and the Pre-Funding Account, the Reserve Sub-Account and the Funding Account, and all funds on deposit or credited thereto from time to time; (d) the Policy and all hazard insurance policies; and (e) all present and future claims, demands, causes and choses in action in respect of any or all of the foregoing and all payments on or under, and all proceeds of every kind and nature whatsoever in respect of, any or all of the foregoing and all payments on or under, and all proceeds of every kind and nature whatsoever in the conversion thereof, voluntary or involuntary, into cash or other liquid property, all cash proceeds, accounts, accounts receivable, notes, drafts, acceptances, checks, deposit accounts, rights to payment of any and every kind, and other forms of obligations and receivables, instruments and other property which at any time constitute all or part of or are included in the proceeds of any of the foregoing (collectively, the "Trust Estate" or the "Collateral"). The foregoing Grant is made in trust to secure the payment of principal of and interest on, and any other amounts owing in respect of, the Notes, equally and ratably without prejudice, priority or distinction, and to secure compliance with the provisions of this Indenture, all as provided in this Indenture. The foregoing Grant shall inure to the benefit of the Enhancer in respect of draws made on t...
GRANTING CLAUSE. The Granting Clause set forth in the Indenture.
GRANTING CLAUSE means the Granting Clause of the Indenture.
Examples of GRANTING CLAUSE in a sentence
Any commercial tort claim or timber to be cut so described in such notice to the Trustee will constitute Collateral and the description thereof will be deemed to be incorporated into the reference to commercial tort claim or to goods in Granting Clause I.
The Granting Clause The second category of competing Declarations relates to the scope of the Granting Clause.161 These disputes include (i) whether any Trust Property could be C.J.S. Contracts § 419 (2020) (stating the elements of the incorporation by reference doctrine).
First, the court held the appointment violated the Granting Clause.
Indeed, in subsection II.C, I explain why the most important aspect of the parties’ arrangement is the Granting Clause.
Indenture (Granting Clause) (JC2760); Indenture (Appendix A) (definitions of “Grant” and “Proceedings”) (JC2842, 2849).
More Definitions of GRANTING CLAUSE
GRANTING CLAUSE. The Granting Clause set forth in the Indenture. “Ground Lease ”: With respect to any Mortgaged Property the fee interest in which is owned by an Issuer or the related Borrower, the lease agreement, if any, pursuant to which such Issuer leases the land relating to such Mortgaged Property to the related tenant and such tenant owns the buildings and other improvements on such Mortgaged Property. “Guaranty ”: With respect to any Lease or Mortgage Loan, the guaranty, if any, related to such Lease or Mortgage Loan executed by an individual or an Affiliate or parent of the Tenant or Borrower, as applicable, in favor of the lessor or the lender, as applicable. “Hazardous Materials ”: As defined in the Indenture. “Indenture ”: The Second Amended and Restated Master Indenture, dated as of the Applicable Series Closing Date, among the Issuers and the Indenture Trustee, relating to the issuance of the Notes, including all amendments, supplements and other modifications thereto and any additional indenture between the Indenture Trustee and any Issuer. “Indenture Trustee ”: Citibank, N.A., a national banking association, in its capacity as indenture trustee under the Indenture, or its successor in interest or any successor indenture trustee appointed as provided in the Indenture. “Indenture Trustee Fee ”: As defined in the Indenture. 10 US-DOCS\ 96557504.7 102826315.7
GRANTING CLAUSE. SECOND All funds deposited in the Accounts and Eligible Investments thereof, to the extent provided in this Indenture, and proceeds thereof;
GRANTING CLAUSE means the provisions of this Agreement and/or the Supplement effecting the grant by the Issuer to the Trustee of a security interest in the Trust Assets, as described in the Recitals hereto.
GRANTING CLAUSE means the granting clause of the Security Agreement.
GRANTING CLAUSE. The Corporation hereby grants, bargains, sells, and conveys unto the Trustee, and the Trust hereby created, all of its right, title and interest in and to the collateral described in Exhibit "A" attached hereto and made a part hereof (the "Collateral") and grants a continuing security interest therein for the purposes herein expressed. TO HAVE AND TO HOLD the Collateral, together with all the appurtenances thereto appertaining (said properties, rights, privileges and franchises including any cash and securities hereafter deposited or required to be deposited with the Trustee herein collectively called the "Trust Estate") unto the Trustee and its successors and assigns forever.
GRANTING CLAUSE means the Granting Clause of the CSA.
GRANTING CLAUSE means the portion of the Security Agreement under the heading “GRANTING CLAUSE.”