Rights in Property Held Sample Clauses

Rights in Property Held. Either by Borrowers or by Lender. As further security for the prompt satisfaction of all Obligations, in addition to any other or further security provided under any of the Security Documents, each Borrower hereby assigns to Lender all of such Borrower's right, title and interest in and to, and grants Lender a lien upon and security interest in, all of the following, wherever located, whether now owned or hereafter acquired, together with all replacements therefor and proceeds (including, without limitation, insurance proceeds) thereof (all of which shall constitute original Collateral under this Agreement): (A) Accounts; (B) Chattel Paper; (C) Contracts; (D) Contract Rights; (E) Documents; (F) Eligible Contracts; (G) General Intangibles; (H) Instruments; (I) Inventory; (J) Rights as seller of Goods and rights to returned, repossessed or reclaimed Goods; and (K) All Records pertaining to any of the Collateral.
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Rights in Property Held by the Borrower, the Guarantors or the Lender . As further security for the prompt satisfaction of all Obligations, the Borrower and each Guarantor hereby assign to the Lender all of their respective right, title and interest in and to, and grants the Lender a lien upon and a continuing security interest in, all of the following (other than the capital stock of PrimeSource Surgical, Inc.), wherever located, whether now owned or hereafter acquired, together with all replacements therefor and proceeds (including, but without limitation, insurance proceeds) and products thereof: (a) All Inventory; (b) All Accounts, Contracts, accounts receivable, contract rights, and Chattel Paper, regardless of whether or not they constitute proceeds of other Collateral; (c) All General Intangibles (other than the capital stock of PrimeSource Surgical, Inc.), regardless of whether or not they constitute proceeds of other Collateral, including, without limitation, all the rights of the Borrower or any Guarantor (which the Lender may exercise or not as it in its sole discretion may determine) to acquire or obtain Goods and/or services with respect to the manufacture, processing, storage, sale, shipment, delivery or installation of any of the Inventory of the Borrower or any Guarantor or other Collateral; (d) All products of and accessions to any of the Collateral; (e) All liens, guaranties, securities, rights, remedies and privileges pertaining to any of the Collateral, including the right of stoppage in transit; (f) All obligations owing to the Borrower or any Guarantor of every kind and nature, and all choses in action; (g) All tax refunds of every kind and nature to which the Borrower or any Guarantor is now or hereafter may become entitled no matter however arising, including, without limitation, loss carry back refunds; (h) All Intellectual Property, goodwill, trade secrets, computer programs, customer lists, trade names, trademarks and patents; (i) All Chattel Paper, Documents and Instruments (whether negotiable or non-negotiable, and regardless of their being attached to Chattel Paper); (j) All Equipment, including without limitation machinery, furniture, motor vehicles, Fixtures and all other goods used in the conduct of the business of the Borrower or any Guarantor; (k) All proceeds of Collateral of every kind and nature and in whatever form, including, without limitation, both cash and non-cash proceeds resulting or arising from the rendering of services by the Borro...
Rights in Property Held. 41 9.3 Performance by the Lenders . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 42 9.4
Rights in Property Held. As additional security for the prompt satisfaction of the Obligations and the performance of the duties of each Obligated Party hereunder, each Obligated Party hereby collaterally assigns and grants to the Lender a lien on and a security interest in, all amounts that may be owing from time to time by such Person to any Obligated Party in any capacity, REVOLVING CREDIT AGREEMENT, PAGE 41 47 including, without limitation, any balance or share belonging to any Obligated Party, of any deposit or other account with such Person, which lien and security interest is independent of and in addition to (a) any right of set-off which such Person may have, and (b) the lien and security interest granted in such property pursuant to any other Loan Document. In addition to the foregoing, upon the occurrence of an Event of Default, the Lender is authorized at any time or from time to time, without notice to any Obligated Party or to any Subsidiary of an Obligated Party or to any other Person, which notice is hereby expressly waived, to set off and to appropriate and to apply any and all deposits (general or special, time or demand, provisional or final, matured, or unmatured) or any other indebtedness at any time held or owing to or for the credit or the account of any Obligated Party against and on account of the Obligations (without reduction by reason of the granting of any participations in any part thereof), regardless of whether the Lender has made any demand hereunder and although said Obligations are contingent or unmatured.

Related to Rights in Property Held

  • Rights in Properties; Liens The Borrower and each Subsidiary have good and indefeasible title to or valid leasehold interests in their respective properties and assets, real and personal, including the properties, assets, and leasehold interests reflected in the financial statements described in Section 7.2, and none of the properties, assets, or leasehold interests of the Borrower or any Subsidiary is subject to any Lien, except as permitted by Section 9.2.

  • Exclusive Property The Executive confirms that all protected information is and shall remain the exclusive property of the Company Group. All business records, papers and documents kept or made by the Executive relating to the business of the Company shall be and remain the property of the Company Group.

  • Property Use The Property shall be used only for industrial, warehouse and office purposes, and for no other use without the prior written consent of Lender, which consent may be withheld in Lender's sole and absolute discretion.

  • Property and Equipment The buildings, plants, structures located at the Plant Property and the Equipment are all owned by the CCC Company free and clear of all Liens (except Permitted Liens) and are structurally sound, are in good operating condition and repair, subject to normal wear and tear, and are adequate for the uses to which they are being put, and none of such buildings, plants, structures, personal property or Equipment is in need of maintenance or repairs except for ordinary, routine maintenance and repairs that are not material in nature or cost.

  • Real Property Interests (a) The Owner has provided, or upon execution of this Agreement shall promptly provide to the Developer, documentation acceptable to the Department indicating any right, title or interest in real property claimed by the Owner with respect to the Owner Utilities in their existing location(s). Such claims are subject to the Department’s approval as part of its review of the Utility Assembly as described in Paragraph 2. Claims approved by the Department as to rights or interests are referred to herein as “Existing Interests”. (b) If acquisition of any new easement or other interest in real property (“New Interest”) is necessary for the Adjustment of any Owner Utilities, then the Owner shall be responsible for undertaking such acquisition. The Owner shall implement each acquisition hereunder expeditiously so that related Adjustment construction can proceed in accordance with the Developer’s Project schedules. The Developer shall be responsible for the actual and reasonable acquisition costs of any such New Interest (including without limitation the Owner’s reasonable overhead charges and legal costs as well as compensation paid to the landowner), excluding any costs attributable to Betterment as described in Paragraph 16(c), and subject to the provisions of Paragraph 16(e); provided, however, that all acquisition costs shall be subject to the Developer’s prior written approval. Eligible acquisition costs shall be segregated from other costs on the Owner's estimates and invoices. Any such New Interest shall have a written valuation and shall be acquired in accordance with applicable law. (c) A New Interest shall be substantially equivalent (e.g., in width and type) to the Existing Interest being replaced, unless a New Interest exceeding such standard (i) is required in order to accommodate the Project or by compliance with applicable law, or (ii) is called for by the Developer in the interest of overall Project economy. Any New Interest that does not meet the requirements of the preceding sentence shall be considered a Betterment to the extent that it upgrades the Existing Interest which it replaces, or in its entirety if the related Owner Utility was not installed pursuant to an Existing Interest. Betterment costs shall be solely the Owner’s responsibility. (d) For each Existing Interest located within the final Project right of way, upon completion of the related Adjustment work and its acceptance by the Owner, the Owner agrees to execute a quitclaim deed or other appropriate documentation relinquishing such Existing Interest to the Department, unless the affected Owner Utility is remaining in its original location or is being reinstalled in a new location within the area subject to such Existing Interest. All quitclaim deeds or other relinquishment documents shall be subject to the Department's approval as part of its review of the Utility Assembly as described in Paragraph 2. For each such Existing Interest relinquished by the Owner, the Developer shall do one of the following to compensate the Owner for such Existing Interest, as appropriate: (i) If the Owner acquires a New Interest for the affected Owner Utility, the Developer shall reimburse the Owner for its actual and reasonable acquisition costs in accordance with Paragraph 16(b); or (ii) If the Owner does not acquire a New Interest for the affected Owner Utility, the Developer shall compensate the Owner for the fair market value of such relinquished Existing Interest, as mutually agreed between the Owner and the Developer and supported by a written valuation. The compensation provided to the Owner pursuant to either subparagraph (i) or subparagraph (ii) above shall constitute complete compensation to the Owner for the relinquished Existing Interest, and no further compensation shall be due to the Owner from either the Developer or the Department on account of such Existing Interest. (e) The Owner shall execute a Utility Joint Use Acknowledgment (TxDOT-U-80A) for each Adjusted Owner Utility where required pursuant to TxDOT policies. All Utility Joint Use Acknowledgments shall be subject to TxDOT approval as part of its review of the Utility Assembly as described in Paragraph 2.

  • Access to Property, Property’s Management, Property Lender, and Property Tenants Potential Investor agrees to not seek to gain access to any non-public areas of the Property or communicate with Property’s management employees, the holder of any financing encumbering the Property, the Property’s tenants, and the Owner’s partners in the ownership of the Property, without the prior consent of Owner or JLL, which consent may be withheld in the Owner’s sole discretion.

  • Real Property; Personal Property (a) On the Disaffiliation Date, Local Church will have full title and ownership of the Real Property and Personal Property. The parties shall ensure all necessary transfers or other transactions relating to the above properties are completed on or prior to the Disaffiliation Date. Any costs resulting from such transfers or other transactions shall be borne by Local Church. Annual Conference shall fully cooperate with Local Church, as needed and applicable, to ensure that such transfers and other transactions convey all of Annual Conference’s interest – both for itself and on behalf of The United Methodist Church – in the Real Property and Personal Property, both tangible and intangible, of Local Church. (b) At Closing, the Annual Conference shall deliver to the Local Church: (i) the Deed(s) quitclaiming and releasing all interest of the Annual Conference in the Real Property to the Local Church; (ii) the Bill of Sale conveying all the interest of the Annual Conference in the Personal Property to the Local Church; and, (iii) a FIRPTA certificate.

  • Property or Properties As the context requires, any, or all, respectively, of the Real Property acquired by the Company, either directly or indirectly (whether through joint venture arrangements or other partnership or investment interests).

  • Intangible Property Intangible and intellectual property of this award shall generally follow provisions established in 2 CFR § 200.315.

  • B8 Property Where the Client issues Property free of charge to the Contractor such Property shall be and remain the property of the Client and the Contractor irrevocably licences the Client and its agents to enter upon any premises of the Contractor during normal business hours on reasonable notice to recover any such Property. The Contractor shall not in any circumstances have a lien or any other interest on the Property and the Contractor shall at all times possess the Property as fiduciary agent and bailee of the Client. The Contractor shall take all reasonable steps to ensure that the title of the Client to the Property and the exclusion of any such lien or other interest are brought to the notice of all sub-contractors and other appropriate persons and shall, at the Client’s request, store the Property separately and ensure that it is clearly identifiable as belonging to the Client.

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