Equipment Collateral definition

Equipment Collateral means all equipment and fixtures of Borrower, --------------------- whether now owned or hereafter acquired, wherever located, including, without limitation, all machinery, furniture, furnishings, leasehold improvements, computer equipment, motor vehicles, forklifts, rolling stock, dies and tools used or useful in Borrower's business operations.

Equipment Collateral means all Equipment that relates to the Real Property and is used in the operation of the Real Property as commercial real estate.

Equipment Collateral has the meaning set forth in Section 7.1(a) of the Participation Agreement.

Examples of Equipment Collateral in a sentence

• JPM shall retain as security for the JPM Commercial Loans all of its rights as a holder of perfected Liens (not subject to voidability) on the Seaside Collateral, the JPM Equipment Collateral, and the Headquarters Collateral to the fullest extent set forth in the JPM Commercial Loans inclusive of the mortgages and security agreements and with respect to the Lien priorities applicable to such{00359628-15} Page 65 of 115property.

• Each notice shall be irrevocable and shall specify the principal amount of such Equipment Loan Advance ( provided, however, that no Equipment Loan Advance shall exceed ninety percent (90%) of the cost of the Equipment Collateral financed thereby, as determined by Bank), as well as the proposed date of the closing of such Equipment Loan Advance.

• In amplification of the foregoing, Equipment Loan Borrower authorizes (both prospectively and retroactively) Bank to file financing statements, and any continuations and amendments thereof, with respect to the Equipment Collateral financed with the proceeds of each Equipment Loan Advance, without Equipment Loan Borrower’s signature and at Equipment Loan Borrower’s sole cost and expense.

• Upon the return of the Equipment to Company and the full and final payment by Customer of all amounts owing under this Agreement, Customer may request that Company discharge any and all registrations relating to the Equipment or the Equipment Collateral at Customer’s cost and expense.

• The Customer and Company acknowledge that Company may, at Customer’s expense, register its security interest in the Equipment Collateral under the laws in any jurisdiction necessary or desirable to perfect, make valid and opposable to third parties Company’s security interest in the Equipment Collateral, or in Québec, the Company may, at Customer’s expense, register a reservation of ownership of the Equipment.

More Definitions of Equipment Collateral

Equipment Collateral means all Equipment that relates to the Real Property arising from the sale or other disposition of all or part of the Property.

Equipment Collateral is defined in Section 2.1 of the Borrower Security Agreement.

Equipment Collateral means all equipment and fixtures of each Loan Party, whether now owned or hereafter acquired, wherever located, including, without limitation, all machinery, furniture, furnishings, leasehold improvements, computer equipment, books and records, motor vehicles, forklifts, rolling stock, dies and tools used or useful in each Loan Party's business operations.

Equipment Collateral means (a) the equipment and other collateral pledged to Lender hereunder as described in Exhibit B hereto, (b) all substitutions for any of the foregoing property, and (c) all proceeds of any of the foregoing property.

Equipment Collateral means all equipment of Borrower, or in -------------------- which it has rights, whether now owned or hereafter acquired, located at, or used in connection with Borrower's operations at, each of the Collateral Locations at any time or from time to time on or subsequent to the Closing Date. As defined herein, "EQUIPMENT COLLATERAL" at each such location shall include, -------------------- without limitation, all machinery, fixtures, furniture, furnishings, leasehold improvements, rolling stock, motor vehicles, plant equipment, computers and other office equipment and office furniture, together with any and all attachments and accessions, substitutes and replacements, and tools, spare parts, and repair parts used or useful in connection therewith.

Equipment Collateral means any and all of the following: All right, title, interest, claims and demands of Borrower in and to each and every item of equipment, fixtures or personal property, whether now owned or hereafter acquired, together 12 with all substitutions, renewals or replacements of and additions, improvements, accessions, replacement parts and accumulations to any and all of such equipment, fixtures or personal property (collectively, the "Equipment"), together with all proceeds thereof, including, without limitation, insurance, condemnation, requisition or similar payments, and all proceeds from sales, renewals, releases or other dispositions thereof, which is financed with or is designated as collateral for the Obligations on and after the date of this Agreement by designating such equipment, fixtures and personal property on an Annex or Exhibit to a Loan Agreement Supplement executed by Borrower and Lender.

Equipment Collateral means all equipment, machinery, furniture, furnishings and fixtures of Borrower and each Guarantor, at any time or from time to time located at, or used or useful in the operation of, the Distribution Center, together with any and all extensions, additions, improvements, betterments, after-acquired property, renewals, replacements and substitutions or proceeds from a voluntary or involuntary sale, liquidation or conversion of any of the foregoing; and all attachments, additions and accessions thereto, and any and all tools, repair parts and spare parts therefor; all whether now or hereafter existing.