Common use of Collateral Covered Clause in Contracts

Collateral Covered. As of the Effective Date, the Collateral covered by the Security Documents constitutes substantially all material real and personal Property (other than Excluded Assets) owned by the Borrower and its Subsidiaries (other than Non-Recourse Subsidiaries).

Collateral Covered. As of the Effective Date, the Collateral covered by the Security Documents constitutes substantially all material real and personal Property (other than Excluded Assets) owned by the Borrower and its Subsidiaries (other than Non-Recourse Foreign Subsidiaries).

Collateral Covered. As of the Effective Date, the Collateral ------------------ covered by the Security Documents constitutes substantially all material real and personal Property (other than Excluded Assets) owned by the Borrower and its Subsidiaries (other than Non-Recourse Subsidiaries).