Bank Collateral definition

Bank Collateral means all property and interests in property now owned or hereafter acquired by any U.S. Originator or other Loan Party in or upon which a security interest, lien or mortgage is granted by any U.S. Originator or other Loan Party to the Bank Agent under any of the Bank Loan Documents.

Bank Collateral means the personal property of the Obligors described in Schedule A and any other real or personal property of any of the Obligors in which the Bank or an Affiliate may hereafter be granted a security interest, mortgage interest or other similar interest.

Bank Collateral means all Assets securing the Bank Claim under the Bank Lien

Examples of Bank Collateral in a sentence

• Pledge of Warehouse Receipts /Storage Receipts/ eNWR with the licensed repositories under WDRA evidencing the pledge of commodities in favour of the Bank Collateral: Personal guarantee etc.

• Constructive discussions are ongoing with the Lenders regarding a consensual transaction that would result in the Bank Collateral being discharged.

• The parties hereto agree that it is their intention that the Bank Collateral and the Note Collateral be identical except as provided in Article VI and as otherwise provided herein.

• The Client shall at all times maintain with the Bank Collateral having a value (adjusted to give effect to any applicable advance ratios or the like) equal to the Required Collateral Amount for each outstanding FX Contract.

• Exchange hereby confirms that the Bank Collateral Agreement is in full force and effect and has provided Exchange's Principal Banker with the Contracting Party's name and address for the purpose of providing any notice under, and the undertaking of Exchange's Principal Banker set forth in the Bank Collateral Agreement.

More Definitions of Bank Collateral

Bank Collateral as defined in the Subordination Agreement, is hereby amended to include the Property of the Obligors described in Schedule A attached hereto.

Bank Collateral means the “Collateral” as such term is defined in the Intercreditor Agreement (as in effect on the Fourth Amendment Effective Date).

Bank Collateral has the meaning specified for the term "Collateral" in the Credit Agreement.

Bank Collateral means any collateral in which the Bank Agent has been granted a security interest by EXLP and certain of its subsidiaries to secure the obligations under the Bank Credit Agreement.

Bank Collateral means all of the collateral provided for in the Bank Documents.

Bank Collateral means all Collateral, including, without limitation, all Excluded Receivables Assets, which does not constitute Receivables Program Assets.

Bank Collateral means, collectively, all of the property and assets, including without limitation, the U.S. Collateral and the Euro Collateral, that are from time to time subject to or are required to be subject to the Liens of the New Credit Facility and the security documents relating thereto (including, without limitation, the Security Documents).