Collateral Instruments definition

Collateral Instruments means notes, bills of exchange, certificates of deposit and other negotiable and non-negotiable instruments, guarantees, indemnities and other assurances against financial loss and any other documents or instruments which contain or evidence an obligation (with or without security) to pay, discharge or be responsible directly or indirectly for, any indebtedness or liabilities of the Owner or any other person liable and includes any documents or instruments creating or evidencing a mortgage, charge (whether fixed or floating), pledge, lien, hypothecation, assignment, trust arrangement or security interest of any kind;

Collateral Instruments means notes, bills of exchange, certificates of deposit and other negotiable and non-negotiable instruments, guarantees, indemnities and other assurances against financial loss and any other documents or instruments which contain or evidence an obligation (with or without security) to pay, discharge or be responsible directly or indirectly for any indebtedness or liabilities of any person and includes any documents or instruments creating or evidencing an Encumbrance;

Collateral Instruments means notes, bills of exchange, certificates of deposit and other negotiable and non-negotiable instruments, guarantees, indemnities and other assurances against financial loss and any other documents or instruments which contain or evidence an obligation (with or without security) to pay, discharge or be responsible directly or indirectly for, any indebtedness or liabilities of the Borrowers or any of them or any other person liable and includes any documents or instruments creating or evidencing a mortgage, charge (whether fixed or floating), pledge, lien, hypothecation, assignment, trust arrangement or security interest of any kind;

Examples of Collateral Instruments in a sentence

• The Guarantor waives any right to require proceedings against the Client or to require the filing of any claim against the Client with a court or receiver to realise or enforce security or guarantee in respect of the Guaranteed Liabilities or Collateral Instruments, prior to enforcement of this Guarantee.

• There exists no default under the Accounts, Negotiable Collateral, Instruments or General Intangibles by any party.

• Other than in the ordinary course of the Borrower's business consistent with past practice, the Borrower will not grant any extension of the time of payment of any of the Accounts, Negotiable Collateral, Instruments, General Intangibles, Contracts or Investment Property, or compromise, compound or settle the same for less than the full amount thereof, release, wholly or partially, any Person liable for the payment thereof, or allow any credit or discount whatsoever thereon.

• If, prior to the receipt by Lender of any Condemnation Award or Insurance Proceeds, the Property shall have been sold pursuant to the provisions of the Collateral Instruments, Lender shall have the right to receive such funds (a) to the extent of any deficiency found to be due upon such sale with interest thereon (whether or not a deficiency judgment on the Collateral Instruments shall have been sought or recovered or denied), and (b) to the extent necessary to reimburse Lender for its Expenses.

• The amount represented by the Borrower to the Lender from time to time as owing by each account debtor or by all account debtors in respect of the Accounts, Negotiable Collateral, Instruments and General Intangibles will at such time be the correct amount actually owing by such account debtor or debtors thereunder.

More Definitions of Collateral Instruments

Collateral Instruments means notes, bills of exchange, certificates of deposit and other negotiable and non-negotiable instruments, guarantees and any other documents or instruments which contain or evidence an obligation (with or without security) to pay, discharge or be responsible directly or indirectly for, any Indebtedness or liabilities under this Agreement and includes Encumbrances;

Collateral Instruments means negotiable and non-negotiable instruments, guarantees and any other documents or instruments which contain or evidence an obligation (with or without security) to pay, discharge or be responsible directly or indirectly for, any liabilities of any person and includes any document or instrument creating or evidencing an Encumbrance (including, without limitation, the Security Documents).

Collateral Instruments means notes, bills of exchange, certificates of deposit and other negotiable and non-negotiable instruments, guarantees, indemnities and other assurances against financial loss, and any other documents or instruments which contain or evidence an obligation (with or without security) to pay, discharge or be responsible directly or indirectly for, any indebtedness or liabilities of the Service Provider, and includes any document or instrument creating or evidencing an encumbrance, however defined and includes, without limitation, letters of credit, deposit agreements and escrow agreements. 14 This Guarantee shall continue in full force and effect until all sums whatsoever payable by the Service Provider pursuant to the Agreement have been finally paid in full and all obligations of the Service Provider pursuant to the Agreement have been performed in full.

Collateral Instruments means notes, bills of exchange, certificates of deposit and other negotiable, non-negotiable instruments, guarantees, indemnities, other assurances against financial loss and any other documents /instruments which contain/evidence an obligation (with/without security) to pay, discharge or be responsible directly or indi- rectly for, any indebtedness or liabilities of the Borrower or any other person liable and includes any documents or instruments creating or evidencing a mortgage, charge (whether fixed or floating), pledge, guarantee, lien, hypoth- ecation, assignment, trust arrangement or security interest of any kind;

Collateral Instruments means notes, bills of exchange, certificates of deposit and other negotiable and non-negotiable instruments, guarantees, indemnities and other assurances against financial loss and any other documents or instruments which contain or evidence an obligation (with or without security) to pay, discharge or be responsible directly or indirectly for, any indebtedness or liabilities of the Client or any other person liable and includes any document granting or evidencing a security interest of any kind;

Collateral Instruments means the Security Documents, any guarantees and any other documents or instruments (including, without limitation, any other document or instrument creating or evidencing an Encumbrance which contain or evidence an obligation (with or without security) to pay, discharge or be responsible directly or indirectly for any of the New Secured Obligations;

Collateral Instruments means notes, bills of exchange, certificates of deposit and other negotiable and non-negotiable instruments, guarantees, and any other documents or instruments which contain or evidence an obligation (with or without security) to pay, discharge or be responsible directly or indirectly for, any indebtedness or liabilities of the Borrower