Collateral shall definition

Collateral shall have the meaning given in the Security Agreement.
Collateral shall mean the following types or items of personal property, whether now owned or hereafter acquired by the Borrower, wherever located: (a) the Receivables, the General Intangibles, the Inventory, the Equipment, the Payments and all other items of personal property; (b) all of the Borrower's rights, title and interest in and to all goods and other property represented by or securing any of the foregoing, including all goods that may be reclaimed or repossessed from or returned by Account Debtors; (c) all of the Borrower's rights as an unpaid seller, including stoppage in transit, detinue and reclamation; (d) all additional amounts due the Borrower from any Account Debtor, irrespective of whether such additional amounts have been specifically assigned to the Lender; (e) all guarantees and other agreements and property securing or relating to any of the items referred to above or acquired for the purpose of securing or enforcing such items; (f) all books of account and records, ledger sheets, files, documents, customer lists and other documents containing the names, addresses and other information regarding the Borrower's customers; computer tapes, programs, discs and other material, media or documents relating to the recording, billing or analyzing of any of the above; all computers, word processors, printers, switches, interfaces, source codes, mask works, software, instructional material, and connectors, and all parts, accessories, additions, substitutions, or options together with all property or equipment used in connection with any of the above or which are used to operate or cause to operate any features, special applications, format controls, options or software of any or all of the above-mentioned items; (g) all policies of insurance on the foregoing property and the proceeds of such insurance; (h) all rebates received or due from manufacturers and others; (i) all post office boxes; and (j) all proceeds and products of any of the foregoing in whatever form, including cash, negotiable instruments and other evidences of indebtedness, chattel paper, security agreements and other documents.

Examples of Collateral shall in a sentence

  • Collateral shall be sufficiently diversified in terms of country, markets and issuers.

  • Collateral shall be reviewed at least monthly to assure that the market value of the pledged securities is adequate.

  • The amount of this Restricted Collateral shall not be available to cover any credit requirements from market activity.

  • Collateral shall be maintained in the custody of the Authority or an approved third party custodian at all times.

  • Upon the effectiveness of this Collateral Surrender in accordance with Section 13.3 of the MLSA, the Subject Borrower acknowledges that all of its right, title and interest in the Subject Collateral shall be transferred to Lender.


More Definitions of Collateral shall

Collateral shall mean all Chicago taxicab licenses and representative medallions and other property, security, interests and/or guaranties received by MFC pursuant to the agreements or otherwise acquired by MFC in connection with the Transactions.
Collateral shall have the meaning specified in Section 2. ---------- Collateral Access Agreement shall mean any landlord waiver, mortgagee --------------------------- waiver, bailee letter, or similar acknowledgement of any warehouseman or processor in possession of any Collateral.
Collateral shall have the meaning given in Section 1.3
Collateral shall. MEAN ONE OR MORE OF THE FOLLOWING: (I) MANUFACTURED HOUSING RETAIL INSTALLMENT SALES CONTRACTS; (II) MORTGAGE LOANS; AND (III) MORTGAGE PASS-THROUGH CERTIFICATES OR MORTGAGE-COLLATERALIZED OBLIGATIONS.
Collateral shall mean the Pledged Shares and any other Property subject to a Lien in favor of the Lender, subject only to Permitted Liens, as security for the payment or performance of all or any portion of the Obligations and the Guaranty.
Collateral shall mean the Property which Borrower and any other Obligor has pledged, mortgaged, or granted Lender a security interest in, wherever located and whether now ended or hereafter acquired, together with all replacements, substitutions, proceeds and products thereof.
Collateral shall mean the "Collateral" as that term is defined in the Loan Agreement.