Bank Collateral. The term "BANK COLLATERAL" means the personal property of the Obligors described in Schedule A and any other real or personal property of any of the Obligors in which the Bank or an Affiliate may hereafter be granted a security interest, mortgage interest or other similar interest.
Bank Collateral. Clause (c) of Section 2.1 (Bank Collateral) of the Pledge and Security Agreement is hereby deleted in its entirety and replaced with the following:
Bank Collateral. As used in this Agreement, “Bank Collateral” means all of the Company’s present and future “Accounts” (such term as most broadly defined in the Bank Loan Agreement and the California Uniform Commercial Code in effect on the date hereof), and all proceeds of these Accounts.
Bank Collateral. Bank shall have a first and prior security interest in all of the Collateral Assets, other than the Republic Collateral (the "Bank Collateral"). Republic shall have a second and subordinate security interest in the Bank Collateral.
Bank Collateral. As used in this Agreement, “Bank Collateral” means all of Debtor’s personal property, excluding the Creditor Collateral, provided however, notwithstanding the foregoing, if a judicial authority (including a U.S. Bankruptcy Court) holds that a security interest in the underlying Intellectual Property is necessary to have a security interest in the accounts and rights to payment generated in whole or in part from the Intellectual Property (the “Rights to Payment”), then the Bank Collateral shall automatically, and effective as of the date hereof, include the Intellectual Property to the extent necessary to permit perfection of Bank’s security interest in the Rights to Payment, it being understood that the Bank’s security interest in the Intellectual Property shall be subject and subordinate to the Creditor’s security interest therein.
Bank Collateral. ..6 Section 2.2 Grant of Security Interest in Bank Collateral................................7 Section 2.3 Cash Collateral Accounts.....................................................7
Bank Collateral. For the purposes of this Agreement, all of the following property now owned or at any time hereafter acquired by a Grantor or in which a Grantor now has or at any time in the future may acquire any right, title or interests is collectively referred to as the "Bank Collateral":
Bank Collateral. Agent shall have a first priority lien, security interest, encumbrance and claim in the Bank Collateral to secure the Bank Debt with the exception of the IDED Collateral. IDED shall have a second priority lien, security interest, encumbrance and claim to the Bank Collateral to secure the IDED Loan.
Bank Collateral. As used in this Agreement 1110h Collateral means the following: all assets of Borrower set forth on Exhibit "B" hereto, excluding, however, the Leased Equipment.
Bank Collateral. As used in this Agreement, "Bank Collateral" means all of Borrower's present and future accounts, general intangibles, inventory, equipment and other assets of every kind, including without limitation all present and future property described on Exhibit "A" hereto (except for the "Other Collateral" as defined below).
