Secured Property maintain the Secured Property in good order and condition and protect the Secured Property from theft, loss or damage;
Secured Property. (1) there is no Encumbrance over any of its Secured Property, other than a Permitted Encumbrance; and
(2) no person holds an interest in its Secured Property other than under a Permitted Encumbrance;
Secured Property. This is secured credit. You give us a security interest in the personal property and a mortgage over the real property as set out in the Secured Property Schedule to secure payment to us of the money secured and also to secure your performance of your obligations.
Secured Property. The term "Secured Property" shall mean the Real Property and the Personalty, collectively.
Secured Property. Each Obligor must:
(a) maintenance of the Secured Property:
(1) maintain and protect its Secured Property (and in the case of the Project Obligors, the Project Assets);
(2) keep its Secured Property (and in the case of the Project Obligors, the Project Assets) in a good state of repair and in good working order allowing for fair wear and tear;
(3) remedy every material defect (if any) in its title to any part of Secured Property (and in the case of the Project Obligors, the Project Assets);
(4) take or defend all legal proceedings to protect or recover any of its Secured Property (and in the case of the Project Obligors, the Project Assets) where failure to do so might reasonably be likely to have a Material Adverse Effect; and
(5) keep its Secured Property (and in the case of the Project Obligors, the Project Assets) valid and subsisting and free from liability to forfeiture, cancellation, avoidance or loss;
(6) take all commercially reasonable steps to identify, protect and perfect with the highest priority reasonably available any PPSA Security Interest in respect of which an Obligor is or is to become the PPSA Secured Party;
Secured Property. The Debtor represents and warrants to the Creditor that the Secured Property is genuine and in the exclusive possession and control of the Debtor (subject to licenses thereto granted in the normal course of business).
Secured Property. If a judgment, order or proof of debt in connection with the total amount owing is expressed in a currency other than that in which the total amount owing is due, then you indemnify us against, and you must therefore pay us on demand for:
(d) necessary to carry on the activity for which the licence is necessary and oppose any application to restrict or cancel the licence; not, without our written consent:
(a) any difference arising from converting the other currency if the exchange rate we use for converting currency when we receive a payment in the other currency is less favourable to us than the
(ii) remove or apply to remove the licence from or in connection with the secured property; surrender or attempt to surrender the licence;
(b) exchange rate used for the purpose of the judgment, order or acceptance of proof of debt; and the costs of conversion.
(iii) deal in any way with any interest in the licence;
(iv) amend the licence;
Secured Property. Article 6.2
Secured Property. The obligations of the Corporation hereunder and under the Notes shall be secured by a pledge of all assets and property of the Corporation and Subsidiaries subordinated in right of payment to the prior payment in full of all the Corporation’s indebtedness to Centurion Financial Trust (or, upon the Centurion Refinancing, Frontwell Capital Partners) pursuant to the Security Agreements (collectively, the “Secured Property”).
Secured Property. 4.1 All references to the words “Secured Portfolio” are deleted and are replaced with the words “Secured Property”.
4.2 The definitions of “Agreement”, “Authorised Person”, “Notice”, “Online Service”, “Secured Portfolio” and “Security Owner” are deleted in their entirety and are replaced with the following definitions: Term Meaning Agreement • Facility Agreement; • Nominee Agreement; • Sponsorship Agreement; • Guarantee; • Direct Debit Agreement; • Application Form (except to the extent it includes the Offer of Mortgage); and • any other document contemplated by and executed in connection with these documents and any document which the Lender agrees is a “transaction document” under the Agreement.
