Examples of Eligible Collateral Assets in a sentence
Each Loan will comply with the same Eligibility Criteria as those set out in respect of Eligible Collateral Assets (see "Facility Documents – Collateral Security Agreements – Eligible Collateral Assets").
The pledge granted by the Pledgor over Eligible Collateral Assets in favour of the Secured Party under the Belgian Collateral Security Agreement will be granted, and, as the case may be, enforced, in accordance with the provisions of Article 4 of the Belgian Financial Collateral Act implementing the Collateral Directive.
As of any date of determination, if the Eligible Collateral Assets, taken as a whole, do not satisfy the Portfolio Criteria, Eligible Collateral Assets or a portion thereof (the “Non-Qualifying Assets”) will be excluded from such determination to the extent necessary to cause the remaining Eligible Collateral Assets to satisfy the Portfolio Criteria.
Notwithstanding Section 7.07, the Borrower Parent may at its option, but shall not in any way be obligated to, contribute Eligible Collateral Assets, Cash or Cash Equivalents at any time to the Borrower to cure a Borrowing Base Deficiency or for any other reason.
All Collateral Assets included as Eligible Collateral Assets in the Borrowing Base as of such date are Eligible Collateral Assets.