Article 9 Collateral definition

Article 9 Collateral has the meaning assigned to such term in Section 3.01(a).

Article 9 Collateral. “Pledged Collateral” and “Mortgaged Property” referred to in the Security Documents and all of the other property that is or is intended under the terms of the Security Documents to be subject to Liens for the benefit of any of the Secured Parties.

Article 9 Collateral has the meaning set forth in Section 4.01.

Examples of Article 9 Collateral in a sentence

• Upon the occurrence and during the continuance of an Event of Default, the Grantors agree to execute such further documents as the Collateral Agent may reasonably request to transfer ownership of the Patents, Trademarks, domain names and Copyrights included in the Article 9 Collateral to the Collateral Agent for the benefit of the Secured Parties.

• Furthermore, each Grantor hereby grants to the Collateral Agent an absolute power of attorney to sign, upon the occurrence and during the continuance of any Event of Default, any document which may be required by the USPTO or the USCO in order to effect an absolute assignment of all right, title and interest in each Patent, Trademark or Copyright included in the Article 9 Collateral, and to record the same.

• Each Grantor shall file on behalf of the Collateral Agent, for the benefit of the Secured Parties, any financing statements in the relevant jurisdiction necessary to perfect the security interests in the Article 9 Collateral granted hereunder.

• If any Grantor shall at any time hold or acquire any Instruments constituting Article 9 Collateral and evidencing an amount in excess of $10,000,000, such Grantor shall forthwith endorse, assign and deliver the same to the Collateral Agent for the benefit of the Secured Parties, accompanied by such instruments of transfer or assignment duly executed in blank as the Collateral Agent may from time to time reasonably request.

• The Security Interest is and shall be prior to any other Lien on any of the Article 9 Collateral, other than (i) any nonconsensual Lien that is expressly permitted pursuant to Section 4.12 of the Indenture and has priority as a matter of law and (ii) Liens expressly permitted pursuant to Section 4.12 of the Indenture.

More Definitions of Article 9 Collateral

Article 9 Collateral means the Receivables and the other assets transferred or pledged, as applicable, by a Transferor to its Transferee pursuant to the applicable Transfer Agreement in which a security interest as defined in Section 1-201 of the UCC in effect in New York on the date hereof (the “New York UCC”) may be created under Article 9 of the New York UCC;

Article 9 Collateral means Collateral with respect to which a Lien thereon may be perfected by the filing of (i) a UCC-1 financing statement pursuant to the Uniform Commercial Code as adopted in any applicable jurisdiction or (ii) any similar or comparable filing in a non-U.S. jurisdiction.

Article 9 Collateral means any and all of the following assets and properties now owned or at any time hereafter acquired by any Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest: (a) all Accounts and Payment Intangibles (including without limitation, all Credit Card Accounts Receivable); (b) all Chattel Paper; (c) all Deposit Accounts (and all cash, checks and other negotiable instruments, funds and other evidences of payment held therein); (d) all Inventory; (e) all Documents; (f) all General Intangibles; (g) all Instruments; (h) all Equipment (other than fixtures to real property not constituting Mortgaged Properties); (i) all Investment Property (other than (i) Pledged Equity Interests, (ii) the Equity Interests described in clauses (b), (c) and (d) of the definition of Excluded Equity Interests and (iii) Proceeds in respect of Equity Interests described in clauses (i) and (ii)); (j) all Letter-of-Credit rights; (k) all books and records pertaining to any of the foregoing; (l) all Aircraft Collateral; (m) all cash deposited to collateralize Letter of Credit reimbursement obligations pursuant to the Credit Agreement and (n) to the extent not otherwise included, all Proceeds and products of any and all of the foregoing and all collateral security and guarantees given by any Person with respect to any of the foregoing; provided, however, that, notwithstanding any of the foregoing provisions of this definition, the Article 9 Collateral shall not include Consent Assets.

Article 9 Collateral. Collateral in which a Lien can be created under Article 9 of the UCC and can be perfected by the filing of a financing statement in accordance with Article 9 of the UCC.

Article 9 Collateral has the meaning assigned to such term in Section 4.01. Table of Contents

Article 9 Collateral has the meaning assigned to such term in Section 3.01. “Borrower” means (a) initially, Merger Sub, and (b) upon and after the consummation of the Merger, Norvaxhas the meaning assigned to such term in the preamble to this Agreement, and shall include any Successor Borrower, to the extent applicable. “Collateral” means the Article 9 Collateral and Pledged Collateral. “Collateral Agent” has the meaning assigned to such term in the preamble to this Agreement. “Copyright License” means any written agreement, now or hereafter in effect, granting to any Person any right under any Copyright now or hereafter owned by any other Person or that such other Person otherwise has the right to license, and all rights of any such Person under any such agreement. “Copyright Security Agreement” means the Copyright Security Agreement substantially in the form of Exhibit II. “Copyrights” means, with respect to any Person, any and all of the following now owned or hereafter acquired by such Person: (a) all copyright rights in any work arising under the copyright laws of the United States or any other country, whether as author, assignee, transferee or otherwise and (b) all registrations and applications for registration of any such copyright in the United States or any other country, including registrations, supplemental registrations and pending applications for registration in the USCO, (or any successor office or any similar office any other country), including, in the case of any Grantor, registrations, supplemental registrations and pending applications for registration in the USCO set forth next to its name on Schedule III. “Credit Agreement” has the meaning assigned to such term in the introductory paragraph of this Agreement. “Federal Securities Laws” has the meaning assigned to such term in Section 4.04. “Grantors” means (a) Holdings, (b) the Borrower, (c) each other Grantor party hereto as of the date hereof and (d) each Restricted Subsidiary that becomes a party to this Agreement as a Grantor after the Effective Date. “Initial Holdings” has the meaning assigned to such term in the introductory paragraph of this Agreement. “Instruments” has the meaning assigned to such term in Article 9 of the UCC. “Intellectual Property” means, with respect to any Person, any and all intellectual and similar property of every kind and nature, now owned or hereafter acquired by any such Person, including inventions (whether or not patentable), designs, Patents, Copyrights, Licenses, T...

Article 9 Collateral shall not include any Excluded Assets.