Collateral Security Agreement definition

Collateral Security Agreement has the meaning assigned to that term in Section 5.1(b).

Split View

AI-Powered Contracts

Draft, Review & Redline at the Speed of AI

Get StartedBook a Demo

Collateral Security Agreement means the Collateral Security Agreement dated o, by and among the Seller, the Servicer, [third party] and the Trustee, as collateral agent, pursuant to which [third party] has conveyed the property and proceeds of any Yield Maintenance Account to the Trustee in trust for the benefit of the Certificateholders as described in Section 4.08(a).]

Collateral Security Agreement means the Luxembourg law governed security agreement over the Collateral SDRs Account and the Cash Collateral Account entered into between the Borrower and Security Agent on or about the Signing Date together with the Pledge Notice and Acknowledgment (as true copy of which will be provided on or one Business Day after the date of the Collateral Security Agreement pursuant to Schedule 2 (Conditions Precedent));

Examples of Collateral Security Agreement in a sentence

• No filings or recordings are required in order to perfect the security interests created in the Pledged Securities under the Collateral Security Agreement other than with respect to filings required by applicable foreign law and UCC financing statements with respect to uncertificated Pledged Securities.

• On and after the relevant date of formation, the Borrower directly owns 100% of the Capital Stock of each Receivables Subsidiary owned directly by the Borrower, and the Borrower has pledged (and delivered for pledge) the Capital Stock of each such Receivables Subsidiary (and any promissory notes received by the Borrower or any other Credit Party from such Receivables Subsidiary) to the Collateral Agent pursuant to the Collateral Security Agreement.

• The recordation in the United States Patent and Trademark Office and in the United States Copyright Office of assignments for security made pursuant to the Collateral Security Agreement will be effective, under Federal law, to perfect the security interest granted to the Collateral Agent for the benefit of the Secured Parties in the trademarks, patents and copyrights covered by such the Collateral Security Agreement.

• The Borrower agrees to pledge or cause its Subsidiaries to pledge, to the Collateral Agent for the benefit of the Secured Parties pursuant to the Collateral Security Agreement all instruments evidencing indebtedness owed by any Unrestricted Subsidiary to the Borrower or any Domestic Subsidiary.

• If required by law, you agree to enter into a Collateral Security Agreement regarding this type of account.

More Definitions of Collateral Security Agreement

Collateral Security Agreement means the Collateral Security Agreement dated , 200 , by and among the Seller, the Servicer, [third party] and the Owner Trustee, as collateral agent, pursuant to which [third party] has conveyed the property and proceeds of the Yield Maintenance Account to the Owner Trustee in trust for the benefit of the Certificateholders as described in Section 5.01(a).]

Collateral Security Agreement means that certain Security Agreement dated the Effective Date between the Transaction Parties, on the one hand, and the Investor, on the other, together with each other collateral security agreement or collateral security agreement supplement delivered from time to time pursuant to Section 5.10(b), in each case as amended.

Collateral Security Agreement means each security agreement set forth in Annex V or delivered in connection with the grant of a security interest in the Collateral.

Collateral Security Agreement shall have the meaning provided in Section 12 of the Loan and Security Agreement.

Collateral Security Agreement means the Collateral Security Agreement, dated as of even date herewith, between Onis▇▇ ▇▇▇ the Company.

Collateral Security Agreement as such term is defined in Section 2.11(a) hereof.

Collateral Security Agreement means that certain Collateral Security Agreement dated as of the date hereof by and among the Borrower, certain Subsidiaries of Borrower from time to time party thereto and Collateral Agent, as it may be amended, supplemented or otherwise modified from time to time.