Assignment for Security definition

Assignment for Security has the meaning specified in Section 17.1.2.

Assignment for Security shall be as defined in Section 9.2.1.

Assignment for Security means a transaction in which Tenant:

Examples of Assignment for Security in a sentence

• Accordingly, to the extent that any rights and claims are assigned by the Issuer to the Security Trustee for security purposes in accordance with clause 5 (Assignment for Security Purposes), in insolvency proceedings on the Security Trustee's estate, such rights would be segregated (Aussonderungsrecht) as assets of the Issuer held in trust.

• However, the depth and quality of parent- child interaction are important in determining the level of attachment.

• In addition, the assignment pursuant to clause 5.1 (Assignment for Security Purposes) is made for the purpose of securing the rights of the Transaction Creditors against the Issuer arising under the Funding and the Transaction Documents.

• The assignment for security purposes pursuant to clause 5.1 (Assignment for Security Purposes) and the pledge pursuant to clause 6 (Pledge) serve to secure the Trustee Claim of the Security Trustee.

• This Supplement and the rights and obligations hereunder are not assignable except when assigned by either Party (i) in an Assignment for Security along with the Wholesale Power Contract or (ii) to any assignee or transferee that succeeds to its rights and obligations under the Wholesale Power Contract.

More Definitions of Assignment for Security

Assignment for Security. As defined in Section 18.1.1.

Assignment for Security means a transaction or transactions in which Tenant, in a bona fide debt financing: (a) assigns all or any portion of its interest under this Lease and/or any Construction Documents or contracts relating to the Project, to an Institutional Lender for the purpose of securing Debt; and/or (b) executes a deed of trust for the benefit of an Institutional Lender with respect to all or any portion of its interest under this Lease for the purpose of securing Debt; and/or (c) executes a mortgage for the benefit of an Institutional Lender with respect to all or any portion of its interest under this Lease for the purpose of securing Debt; and/or (d) sells and assigns to an Institutional Lender and leases or subleases back from such Institutional Lender all or any portion of its interest under this Lease, in connection with a transaction where Tenant obtains Debt, repayment of which is secured in whole or in part, or becomes an obligation in whole or in part incurred by Tenant in the transaction in which such assignment, deed of trust, mortgage or assignment and sublease back is delivered or consummated.

Assignment for Security has the meaning given in Section 28.1(a).

Assignment for Security means a transaction or transactions in which Tenant: i. assigns all or any portion of its interest hereunder for the purpose of security (“Assignment”); and/or ii. executes a deed of trust (“Deed of Trust”) with respect to all or any portion of its interest hereunder; and/or iii. executes a mortgage (“Mortgage”) with respect to all or any portion of its interest hereunder.

Assignment for Security means the form of assignment required to be delivered pursuant to Section 5(h)(i) of this Agreement, attached hereto as Exhibit A.

Assignment for Security. [Trademarks] [Patents] [Copyrights] Solvency Certificate1] Schedules to Credit Agreement Schedule 5.

Assignment for Security means a transaction or transactions in which Lessee: (i) assigns all or any portion of its interest hereunder for the purpose of security (“Assignment”); and/or (ii) executes a deed of trust (“Deed of Trust”) with respect to all or any portion of its interest hereunder; and/or (iii) executes a mortgage (“Mortgage”) with respect to all or any portion of its interest hereunder; and/or (iv) sells and assigns and leases or subleases back all or any portion of its interest under this Lease, in connection with a refinancing transaction in which Lessee obtains debt, repayment of which is secured in whole or in part, or becomes an obligation in whole or in part incurred by Lessee in the transaction in which such sale, assignment and lease or sublease back is delivered or consummated. In the event that the Lessee enters into such a sale-leaseback or lease-leaseback transaction, the Lessee shall nonetheless remain fully responsible for all of its obligations under this Lease, even after completing the sale-leaseback or lease-leaseback transaction, until and unless it is otherwise released from liability in accordance with the provisions of this Lease. The use of such a transaction is permitted for refinancing purposes only, and not for the initial financing of the Initial Lessee Improvements. The other party in such a transaction will be treated as a Leasehold Mortgagee as defined in this Lease.