Balances Collateral definition

Balances Collateral means all property of Borrower left with Lender -------------------- or in Lender's possession, custody or control now or hereafter, all deposit accounts of Borrower now or hereafter opened with Lender, all certificates of deposit issued by Lender to Borrower, and all drafts, checks and other items deposited in or with Lender by Borrower for collection now or hereafter.
Balances Collateral means all property of each Obligor left with Lender or in Lender's possession, custody or control now or hereafter, all deposit accounts of each Obligor now or hereafter opened with Lender, all certificates of deposit now or hereafter issued by Lender to each Obligor, and all drafts, checks and other items deposited in or with Lender by each Obligor for collection now or hereafter.
Balances Collateral means all property of Borrower and the ------------------- Guarantors left with Lender or in Lender's possession, custody or control now or hereafter.

Examples of Balances Collateral in a sentence

  • Borrower and the Guarantors own the Balances Collateral free and clear of any Liens thereon, except for any Permitted Encumbrances.

  • In addition to such other rights and remedies with respect to the Balances Collateral as may exist from time to time hereafter in favor of Lender, whether by way of set-off, banker's lien, consensual security interest or otherwise, Lender may at any time charge any part or all of the obligations of Lender to Borrower represented by items constituting the Balances Collateral in the possession and control of Lender against the Obligations.

  • Hereafter, Borrower and the Guarantors will not incur, create or suffer to exist any Lien upon the Balances Collateral, except for Permitted Encumbrances, or sell, convey, hypothecate, pledge or assign its respective right, title or interest therein, without the prior written consent of Lender thereto.

  • Lender may set off any or all of the Balances Collateral against the Obligations.

  • It owns its Balances Collateral free and clear of any liens, mortgages, security interests or encumbrances thereon, except for any Permitted Encumbrances.


More Definitions of Balances Collateral

Balances Collateral means all deposit accounts of Borrower now ------------------- or hereafter opened with Lender, all certificates of deposit issued by Lender to Borrower, and all drafts, checks and other items now or hereafter deposited in or with Lender by Borrower for collection.
Balances Collateral means all deposit accounts together with all cash or other property of Borrower which may be left with Lender or in Lender’s possession, custody or control now or at any time hereafter, including any escrow deposits, security deposits or xxxxxxx money. The foregoing term shall include funds from time to time on deposit in any Concentration Account.
Balances Collateral means all property of each Borrower left with the Agent, the Collateral Agent or any Lender or in the possession, custody or control now or hereafter of the Agent or any Lender, all deposit accounts of each Borrower now or hereafter opened with the Agent, the Collateral Agent or any Lender or with another depositary which has executed a deposit control agreement or Blocked Account Agreement, all certificates of deposit issued by the Agent or any Lender to any Borrower or by another issuer which has executed a Blocked Account Agreement or where the certificate of deposit has been pledged with the Collateral Agent, in each case as required by SECTION 2.14(b), and all drafts, checks and other items deposited in or with the Agent, the Collateral Agent or any Lender by any Borrower for collection now or hereafter, including, without limitation, all such items described in SECTION 10.
Balances Collateral means all property of each Obligor left with any Agent, any Issuer or any Lender or in the possession, custody or control now or hereafter of any Agent, any Issuer or any Lender, all deposit accounts of each Obligor now or hereafter opened with any Agent, any Issuer or any Lender, all certificates of deposit issued by any Agent, any Issuer or any Lender to an Obligor, and all drafts, checks and other items deposited in or with any Agent, any Issuer or any Lender by any Obligor for collection now or hereafter, including, without limitation, all such items described in SECTION 10.
Balances Collateral means all property of the Company left with the Bank or in the Bank's possession, custody or control now or hereafter, all deposit accounts of the Company now or hereafter opened with the Bank, all certificates of deposit now or hereafter issued by the Bank to the Company, and all drafts, checks and other items deposited in or with the Bank by the Company for collection now or hereafter.
Balances Collateral means all property of each Debtor left with the Agent or any Purchaser or in the possession, custody or control now or hereafter of the Agent or any Purchaser, all deposit accounts of each Debtor now or hereafter opened with the Agent or any Purchaser or with another depositary which has executed a Blocked Account Agreement, all certificates of deposit issued by the Agent or any Purchaser to any Debtor or by another issuer which has executed a Blocked Account Agreement or where the certificate of deposit has been pledged with the Agent, all drafts, checks and other items deposited in or with the Agent or any Purchaser by any Debtor for collection now or hereafter.
Balances Collateral means all moneys, securities and other property and the proceeds thereof, now or hereafter held or received by, in transit to, in possession of, or under the control of, Lender or a bailee or Affiliate of Lender, from or for Borrower, whether for safekeeping, pledge, custody, transmission, collection or otherwise, and all of Borrower's deposits (general or special), balances, sums and credits with Lender at any time existing.