Deed of Trust Collateral definition

Deed of Trust Collateral means, collectively, all of the property and assets that are intended from time to time to secure the Deed of Trust Bonds or any guarantee thereof pursuant to the Collateral Documents.
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Examples of Deed of Trust Collateral in a sentence

  • No recovery of any such judgment upon any property of the Company shall affect or impair the Lien on the Deed of Trust Collateral or any rights, powers or remedies of the Trustee or the Holders.

  • No release from the lien or encumbrance of this Deed of Trust of any part of the Deed of Trust Collateral by the Beneficiary or the Trustee shall in any way alter, vary or diminish the force and effect of this Deed of Trust on the balance of the Deed of Trust Collateral or the priority of the lien of this Deed of Trust on the balance of the Deed of Trust Collateral.

  • Following the repayment and performance of the Obligations and the termination of the Commitments of the Lenders, at the request of the Company, the Beneficiary shall, at the Company's expense, execute and deliver to the Company such documents, and give the Trustee such directions to quitclaim and release portions of the Deed of Trust Collateral, as the Company shall reasonably request, to evidence the release of such part of the Deed of Trust Collateral.

  • Except with the written consent of the Beneficiary, which consent shall be withheld or granted in the sole discretion of the Beneficiary, the Company shall not sell or otherwise dispose of any part of, or any interest in, the Deed of Trust Collateral prior to the repayment and performance of all of the Company's Obligations under the Loan Documents and the termination of the Commitments of the Lenders.

  • The Company will cause its insurance broker to advise the Beneficiary in writing promptly of any default in the payment of any premium and of any other act or omission on the part of the Company of which it has knowledge and which might cause cancellation of all or any part of any insurance carried by the Company with respect to the Deed of Trust Collateral.

  • This Deed of Trust is made with full substitution and subrogation of the Beneficiary (or the Trustee) in and to all covenants and warranties by others heretofore given or made in respect of the Deed of Trust Collateral or any part thereof.

  • If -8- 183 the Company fails to effect and keep in force insurance covering the Deed of Trust Collateral as required by Section 3.06 of this Deed of Trust or fails to pay the premiums on such insurance when due, the Beneficiary may, but is not obligated to, do so for the account of the Company and add the cost of doing so to the Obligations.

  • The Lien on the Deed of Trust Collateral created by this Deed of Trust and the related rights, privileges and remedies granted to or for the benefit of the Beneficiary shall be for the benefit of the Secured Parties ratably according to the amount of the Obligations due to each of the Secured Parties.

  • Taking Proceeds not required to be included as Deposited Monies shall be used by the Company to repair, replace or restore the Deed of Trust Collateral to its condition before such taking or similar proceeding, to the maximum extent possible in the reasonable determination of the Company, and may thereafter be retained by the Company for its own account.

  • The Beneficiary may at any time abandon all or any part of the Deed of Trust Collateral or terminate this Deed of Trust as to all or any part of the Deed of Trust Collateral by the delivery of a written reconveyance to the Trustee; provided that in no event shall any Beneficiary be deemed to have so abandoned any Deed of Trust Collateral or terminated this Deed of Trust in the absence of an express written reconveyance.

Related to Deed of Trust Collateral

  • Trust Collateral Agent means such successor Person.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Deed of Trust means this Deed of Trust, Assignment, Security Agreement and Fixture Filing, as the same may from time to time be extended, amended, restated, supplemented or otherwise modified.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • Purchase Agreement Collateral has the meaning specified in Section 6.9 of this Agreement.

  • UCC Collateral is defined in Section 3.03.

  • Indenture Collateral has the meaning set forth in the Granting Clause of the Indenture.

  • Basic Collateral Agency Agreement means the Amended and Restated Basic Collateral Agency Agreement, dated as of March 1, 2009, among Daimler Trust, the Administrative Agent, Daimler Title Co., as collateral agent, and MBFS USA, as lender and as servicer.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • UCC Filing Collateral means any Collateral, including Collateral constituting investment property, for which a security interest can be perfected by filing a UCC-1 financing statement.

  • Security Deed means the security deed dated on or about the Series Issue Date of the ETC Securities entered into as a deed by the Issuer, the Trustee and any other parties thereto by the execution of the Issue Deed and in the form of the Master Security Terms (as amended and/or supplemented by the Issue Deed) and as such Security Deed is amended, supplemented, novated or replaced from time to time.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Security Instruments means, collectively, (a) the Mortgages, (b) the Transfer Letters, (c) the Pledge Agreements, (d) the Security Agreements, (e) each other agreement, instrument or document executed at any time in connection with the Pledge Agreements, the Security Agreements, or the Mortgages, (f) each agreement, instrument or document executed in connection with the Cash Collateral Account; and (g) each other agreement, instrument or document executed at any time in connection with securing the Obligations.

  • Collateral Trust Agreement means that certain Collateral Trust Agreement, dated as of the Closing Date, by and among Collateral Trustee and Lenders, as amended, restated, supplemented or otherwise modified from time to time.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Possessory Collateral means any Shared Collateral in the possession of a Collateral Agent (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction. Possessory Collateral includes, without limitation, any Certificated Securities, Promissory Notes, Instruments, and Chattel Paper, in each case, delivered to or in the possession of the Collateral Agent under the terms of the First-Lien Security Documents.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Credit Agreement Collateral Documents means the Security Agreement, the other Collateral Documents (as defined in the Credit Agreement) and each other agreement entered into in favor of the Credit Agreement Collateral Agent for the purpose of securing any Credit Agreement Obligations.

  • Security Instrument A written instrument creating a valid first lien on a Mortgaged Property securing a Mortgage Note, which may be any applicable form of mortgage, deed of trust, deed to secure debt or security deed, including any riders or addenda thereto.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • Trustee Mortgage File The mortgage documents listed in Section 2.01 hereof pertaining to a particular Mortgage Loan and any additional documents required to be added to the Trustee Mortgage File pursuant to this Agreement.

  • Collateral Agency and Intercreditor Agreement means that certain Collateral Agency and Intercreditor Agreement, dated as of January 31, 2008 (as amended, amended and restated, supplemented or otherwise modified from time to time in compliance with the terms of this Indenture), by and among the Company, the other guarantors from time to time party thereto, the secured debt representatives and the Collateral Agent.

  • Sale and Servicing Agreement Collateral shall have the meaning set forth in Section 2.4.

  • Pledged Asset Mortgage Loan A Mortgage Loan as to which, at the time of origination, a Letter of Credit was issued in favor of the initial holder of such Mortgage Loan.