Expropriation of Collateral Rights definition

Expropriation of Collateral Rights means the Covered Risk described as a subset of Expropriation in Subsection 4.1(d).
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Expropriation of Collateral Rights means the Covered Risk described as a subset of Expropriation in Section 4.1(d).
Sample 1

Examples of Expropriation of Collateral Rights in a sentence

  • Subject to Articles 7, 8, 9, and 10, compensation for a Loss Caused by Expropriation is the Percentage of Cover of the Scheduled Payment due and unpaid as of the Date of Loss; provided, however, that with respect to Expropriation of Collateral Rights only, such amount shall not exceed the realizable value as of the Date of Loss of all Collateral of which the Guarantee Holder was deprived.

  • Transfer Restriction: Inconvertibility Inability to Transfer [60] consecutive days [60] consecutive days Expropriation: Expropriation of the Project Enterprise Expropriation of Lender Rights Expropriation of Funds Expropriation of Collateral Rights [180] consecutive days [180] consecutive days [60] consecutive days [180] consecutive days War and Civil Disturbance: Loss of Assets Permanent Loss of Use [None] [90] consecutive days Arbitral Award Default: [180] consecutive days CLAUSE 9A.

  • Waiting Period: Transfer Restriction: Inconvertibility Inability to Transfer [60] consecutive days [60] consecutive days Expropriation: Expropriation of the Project Enterprise Expropriation of Lender Rights Expropriation of Funds Expropriation of Collateral Rights [180] consecutive days [180] consecutive days [60] consecutive days [180] consecutive days War and Civil Disturbance: Loss of Assets Permanent Loss of Use [None] [90] consecutive days Arbitral Award Default: [180] consecutive days Clause 9A.

Related to Expropriation of Collateral Rights

  • Collateral Rights means all rights, powers and remedies of the Collateral Agent provided by or pursuant to this Agreement or by law.

  • Foreign Collateral means all Collateral of Foreign Loan Parties securing the Guaranteed Foreign Obligations.

  • Second Lien Collateral Documents means the “Security Documents” or “Collateral Documents” (as defined in the applicable Second Lien Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any Second Lien Obligations or pursuant to which any such Lien is perfected.

  • First Lien Collateral Documents means the “Security Documents” or “Collateral Documents” or similar term (as defined in the applicable First Lien Loan Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any First Lien Obligations or pursuant to which any such Lien is perfected.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • Second Lien Collateral means all “Collateral”, as defined in any Second Lien Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure, but only to the extent securing, any Second Lien Obligations.

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

  • Collateral Disposition means (i) the sale, lease, transfer or other disposition of the Vessel by the Borrower to any Person (it being understood that a Permitted Chartering Arrangement is not a Collateral Disposition) or the sale of 100% of the Capital Stock of the Borrower or (ii) any Event of Loss of the Vessel.

  • ABL Collateral Documents means all “Security Documents” as defined in the Original ABL Credit Agreement, and all other security agreements, mortgages, deeds of trust and other collateral documents executed and delivered in connection with any ABL Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted securing any ABL Obligations or under which rights or remedies with respect to such Liens are governed, in each case as the same may be amended, supplemented, waived or modified from time to time.

  • Senior Collateral Documents means the Security Agreement and the other “Security Documents” as defined in the Credit Agreement, the Pari Intercreditor Agreement (upon and after the initial execution and delivery thereof by the initial parties thereto) and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by the Borrower or any other Grantor for purposes of providing collateral security for any Senior Obligation.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Threshold Event Collateral shall have the meaning assigned to such term in Section 5(g).

  • First Lien Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any First Lien Obligations.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Canadian Collateral means the Collateral owned by (or, in the event such Collateral has been foreclosed upon, immediately prior to such foreclosure that was owned by) a Canadian Loan Party.

  • Loan Collateral With respect to any Mortgage Loan, the related Mortgaged Property and any personal property securing the related Mortgage Loan, including any lessor’s interest in such property, whether characterized or recharacterized as an ownership or security interest, and including any accounts or deposits pledged to secure such Mortgage Loan, and any Additional Collateral.

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

  • Permitted Collateral Liens means (a) in the case of Collateral other than Mortgaged Property, the Liens permitted under Section 6.01 and (b) in the case of Mortgaged Property, “Permitted Collateral Liens” shall mean the Liens described in clauses (a), (c), (d), (g), (h), (o), (p) and (u) of Section 6.01.

  • Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any mortgage, deed of trust, security agreement, pledge agreement, assignment or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.

  • Pledged or Controlled Collateral has the meaning assigned to such term in Section 5.05(a).

  • 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 Borrower 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.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Second Lien Collateral Agent means the “Collateral Agent” under and as defined in the Second Lien Credit Agreement.

  • Additional Collateral Documents as defined in the Base Intercreditor Agreement.

  • Shared Collateral means, at any time, Collateral in which the holders of two or more Series of First-Lien Obligations hold a valid and perfected security interest at such time. If more than two Series of First-Lien Obligations are outstanding at any time and the holders of less than all Series of First-Lien Obligations hold a valid and perfected security interest in any Collateral at such time, then such Collateral shall constitute Shared Collateral for those Series of First-Lien Obligations that hold a valid security interest in such Collateral at such time and shall not constitute Shared Collateral for any Series which does not have a valid and perfected security interest in such Collateral at such time.

  • Collateral has the meaning set forth in Section 2.