Fleet Collateral definition

Fleet Collateral means the Finance Company Equity Interests and the Vehicle Collateral.
Sample 1
Fleet Collateral means the “2020 Notes Collateral” as defined in the Security Agreement.
Sample 1
Fleet Collateral means all of the following in an amount not to exceed $65,000,000, but only to the extent they secure Borrower’s obligations to Fleet National Bank (“Fleet”) pursuant to that certain Credit Agreement, dated as of December 27, 2001, between Fleet and Borrower (as amended from time to time): (a) all funds, items, instruments, financial assets, investments, investment property, deposit accounts, cash, certificates of deposit, securities, securities entitlements, and other certificates, documents and things of value of Borrower at any time paid to, deposited to, credited to or held (whether for collection, provisionally or otherwise) by or for Fleet or issued by Fleet, including, without limitation, any of the foregoing held in or credited to a “safekeeping account” by Fleet National Bank, or purchased by Fleet National Bank in its own name or in the name of Borrower at the request of Borrower and all other assets and property of Borrower from time to time held by or for Fleet National Bank or in transit to be so held (the “Liquid Collateral”); (b) all income, interest, dividends and other distributions payable or distributable on or in respect of the Liquid Collateral; (c) all investment property incident to the ownership of the Liquid Collateral; and (d) all of the Proceeds (as such term is defined in the Uniform Commercial Code now or hereafter in effect in the Commonwealth of Massachusetts) of any of the other property described in the foregoing clauses (a) through (c).
Sample 1

Examples of Fleet Collateral in a sentence

  • The election by any party other than the Loan Agent, Fleet Collateral Agent, FCI or FAC to terminate will not terminate this Agreement with respect to the remaining parties, provided the remaining parties shall cause to be substituted a successor party in place of the terminating party.

  • Notwithstanding the foregoing, from and after the Effective Date, the Fleet Collateral will not include the Contributed Non-Accrual Contracts or any interest in the Non-Accrual Contract Trust.

  • The provisions of this section 13(c), however, shall not apply to any EagleFunding Collateral that may be granted the Fleet Collateral Agent by this Agreement and the EagleFunding Credit Agreement on Contract Grant Dates (as defined in the EagleFunding Credit Agreement), if any, occurring after the Effective Date (as defined in the EagleFunding Credit Agreement), until assignments covering such collateral have been delivered to the Nominee in accordance with the requirements of Section 4(f) hereof.

  • The provisions of this section 13(d), however, shall not apply to any 1998-A Collateral that may be granted the 1998-A Trustee or the Fleet Collateral Agent by this Agreement and the 1998-A Pledge Agreement on Collateral Substitution Dates (as defined in the 1998-A Pledge Agreement), if any, occurring after the Closing Date (as defined in the 1998-A Pledge Agreement), until assignments covering such collateral have been delivered to the Nominee in accordance with the requirements of Section 4(g) hereof.

  • Any amendment undertaken pursuant to this section 15(b) shall not relate to or affect Undivided Ownership Interests or Intervals listed on Schedules C, D and E attached hereto, nor shall it in any way impair or amend the rights of the Triple-A Collateral Agent, the Fleet Collateral Agent or the 1998-A Trustee under this Agreement.

  • The election by any party other than the Loan Agent, Fleet Collateral Agent, Fairfield or FAC to terminate will not terminate this Agreement with respect to the remaining parties, provided the remaining parties shall cause to be substituted a successor party in place of the terminating party.

  • As to all other Loan Agreements, Nominee shall continue to act upon the written request of FCI, FAC, the Loan Agent, the Triple-A Collateral Agent, the Fleet Collateral Agent or the 1998-A Trustee, as the case may be, as to the Properties relating thereto.

  • The provisions of this section 13(c), however, shall not apply to any 1998-A Collateral that may be granted the 1998-A Trustee or the Fleet Collateral Agent by this Agreement and the 1998-A Pledge Agreement on Collateral Substitution Dates (as defined in the 1998-A Pledge Agreement), if any, occurring after the Closing Date (as defined in the 1998-A Pledge Agreement), until assignments covering such collateral have been delivered to the Nominee in accordance with the requirements of Section 4(f) hereof.

  • As to all other Loan Agreements, Trustee shall continue to act upon the written request of FCI, FAC, the Loan Agent, the Triple-A Collateral Agent, the Fleet Collateral Agent or the 1998-A Trustee, as the case may be, as to the Properties relating thereto.

  • Xxxxxx shall have no lien on Fleet Collateral which is not part of the Fleet Priority Collateral.


More Definitions of Fleet Collateral

Fleet Collateral means the Fleet Note, the Cash Collateral Account (as defined in the Fleet Security Agreement), including all sums credited to the Cash Collateral Account and all proceeds of the Fleet Note (other than the actual cash payments paid by Fleet to the Trust that are deposited into a Segregated Account) or the Cash Collateral Account or any and all sums from time to time credited to the Cash Collateral Account.
Sample 1
Fleet Collateral the collective reference to (i) the Finance Company Equity Interests and (ii) the Vehicle Collateral.
Sample 1

Related to Fleet Collateral

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

  • UCC Collateral is defined in Section 3.03.

  • Current Asset Collateral means all the “ABL Priority Collateral” as defined in the ABL Intercreditor Agreement.

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

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • Account Collateral means, with respect to each Account, such Account, together with all cash, securities, Financial Assets and investments and other property from time to time deposited or credited to such Account and all proceeds thereof, including, with respect to the Reserve Fund, the Reserve Fund Deposit and the Reserve Fund Amount.

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

  • 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.

  • Patent Collateral means all Patents, whether now owned or hereafter acquired by the Company that are associated with the Business.

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

  • Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:

  • 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.

  • 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.

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

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

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.

  • 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.

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

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

  • Trust Collateral Agent means such successor Person.

  • Equivalent Collateral means, with respect to any security constituting Posted Collateral, a security of the same issuer and, as applicable, representing or having the same class, series, maturity, interest rate, principal amount or liquidation value and such other provisions as are necessary for that security and the security constituting Posted Collateral to be treated as equivalent in the market for such securities;

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

  • Swap Collateral means, at any time, any asset (including, without limitation, cash and/or securities) which is paid or transferred by a Swap Provider to the Guarantor (and not transferred back to the Swap Provider) as credit support to support the performance by such Swap Provider of its obligations under the relevant Swap Agreement together with any income or distributions received in respect of such asset and any equivalent of such asset into which such asset is transformed; for greater certainty, Contingent Collateral shall at all times be excluded from Swap Collateral;

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

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