Collateral Provisions. Section 2.11 is amended in its entirety to read as follows:
Collateral Provisions. The following provisions set forth the terms and conditions of the collateral delivery obligations of Dealer applicable to the Transaction pursuant to the Credit Support Annex. Pledgor: Dealer Secured Party: Counterparty
Collateral Provisions. (1) Without in any way limiting the generality of Section 5 hereof, no account, instrument, chattel paper or other obligation or property of any kind due from, owed by, or belonging to, a Sanctioned Person or (ii) any lease in which the lessee is a Sanctioned Person shall be Collateral.
Collateral Provisions. (a) Each of DKTS and Citi, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Hedging Obligations (in the case of DKTS) and its Obligations (in the case of Citi), and grants to the Secured Party a first priority continuing security interest in, lien on and right of set-off against all Posted Collateral consisting of Cash Transferred to or received by the Secured Party hereunder. Each of DKTS and Citi, as the Pledgor, hereby pledges to the other party, as the Secured Party, as security for its Obligations, and grants to the Secured Party a first priority continuing security interest in, lien on and right of set-off against all Posted Collateral other than Cash. Upon the Transfer by the Secured Party to Pledgor of Posted Collateral, the security interest and lien granted hereunder on that Posted Collateral will be released immediately and, to the extent possible, without any further action by either party. Any Cash posted under this Article 12 by DKTS secures only Hedging Obligations and not any Non-Hedging Obligations.
Collateral Provisions. (a) On or before December 31, 2001, the Borrower shall deliver or cause to be delivered to the Administrative Agent, each of the following, all in form and substance acceptable to the Administrative Agent and the Required Lenders in their sole discretion:
Collateral Provisions. As collateral security for any amounts due --------------------- to BofA with respect to this Transaction or pursuant to any document executed in connection therewith, the Counterparty granted to BofA a security interest in 1,000,000 Shares (such number of Shares, the "Collateral") pursuant to the Pledge Agreement dated March 15, 2002 by and between the Counterparty and BofA (the "Pledge Agreement"). The Pledge Agreement, any other pledge or security agreement executed by Counterparty in replacement or substitution of the Pledge Agreement, whether or not expressly referencing the Transaction, and any amendment, modification or replacement of or substitution therefor, shall constitute a Credit Support Document under the Agreement.
Collateral Provisions. (a) On any Xxxxx Business Day (any such date referred to as a "Credit Support Valuation Date"), a party may determine the following: (i) the Exposure (as defined below), (ii) the market value (determined in accordance with the Eligible Collateral Annex hereto) of all Collateral (as defined in the Eligible Collateral Annex), if any, pledged by a party, and (iii) the Credit Support Amount (as defined below) for such date. "Exposure" means for any Credit Support Valuation Date, the amount, if any, that would be payable to a party (the "Secured Party") by the other party (the "Pledgor") (expressed as a positive number) or by the Secured Party to the Pledgor (expressed as a negative number) to replace all of the Transactions that are or may be entered into and governed by the Master Agreement so as to preserve the economic equivalent of the payment obligations of the parties with respect thereto. "Credit Support Amount" means the Secured Party's Exposure plus, the aggregate of the Initial Collateral Requirements (as set forth in paragraph (b) below and as expressed in Confirmations in connection with other Transactions, if any), applicable to the Pledgor, if any, minus the aggregate of the Initial Collateral Requirements applicable to the Secured Party, if any. If the Credit Support Amount exceeds the market value of all Collateral held by the Secured Party by an amount (the "Delivery Amount") equal to or greater than USD 250,000, then the Pledgor shall transfer to the Secured Party Collateral with a market value equal to or greater than the Delivery Amount. If the market value of all Collateral held by the Secured Party exceeds the Credit Support Amount by an amount (the "Return Amount") equal to or greater than USD 250,000, then the Secured Party shall return to the Pledgor Collateral with a market value as close as practicable (but not greater than) the Return Amount. Each delivery or return of Collateral required under this paragraph shall be made by the close of business on the relevant Credit Support Valuation Date if notice requesting such delivery or return is received by 11 A.M. New York City time, or by the next Local Business Day if notice is received after 11 A.M. New York City time.
Collateral Provisions. Grant of Security Interest: None. Collateral: None. Securities Account: None. Securities Intermediary: None. Perfection: None Schedule Provisions: Specified Entity: In relation to both Seller and Counterparty for the purpose of: Section 5(a)(v) [of the ISDA Form], Not Applicable Section 5(a)(vi) [of the ISDA Form], Not Applicable Section 5(a)(vii) [of the ISDA Form], Not Applicable Section 5(b)(v) [of the ISDA Form], Not Applicable
Collateral Provisions a. Seller may mo1igage, pledge, grant security interests, assign, or otherwise encumber its interests in this Agreement to any persons providing financing for the Renewable Energy Facilities. Buyer acknowledges that in connection with such transactions Seller may secure Seller's obligations by, among other collateral, an assignment of this Agreement and a first security interest in the Renewable Energy Facilities. In order to facilitate such necessary sale, conveyance, or financing, and with respect to any lender or lessor, as applicable, Xxxxx agrees as follows:
Collateral Provisions. A. If the Companies fail to make effective a resale registration statement as described in Section III.A.4 within 60 days of a written request by the Purchaser, then until such a resale registration statement has become effective, the Companies shall deliver United States Treasury Notes, with a maturity of three months or less, that are held through the Treasury/Reserve Automated Debt Entry System ("Treasury Notes") in an aggregate principal amount equal to the Interim Settlement Amount (calculated as if such 60th day were an Interim Settlement Date) to the Purchaser. If Treasury Notes are delivered pursuant to this Section V.A., then until the date Paired Shares could be delivered in connection with an Interim Net Stock Settlement (if such date were an Interim Settlement Date) or the Transaction is settled on a Physical Settlement basis, the Interim Settlement Amount shall be recalculated and the aggregate principal amount of Treasury Notes required to be delivered shall be adjusted (and additional Treasury Notes shall be delivered to the Bank and excess Treasury Notes shall be returned to the Companies as necessary) to equal such recalculated Interim Settlement Amount on a biweekly (every 2 weeks) basis, with the Interim Settlement Amount calculated as if the last day of such biweekly period were an Interim Settlement Date.
