Grant Security definition

Grant Security. Grant Bank a security interest in any of Borrower's assets. Negotiate Items. Negotiate or discount all drafts, trade acceptances, promissory notes, or other indebtedness in which Borrower has an interest and receive cash or otherwise use the proceeds.
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Grant Security. Grant Bank a security interest in any of Borrower's assets.
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Examples of Grant Security in a sentence

  • Consent of Holder to Sell Capital Stock or Grant Security Interests.

  • VIII-4 Section 8.4. Issuer to Grant Security Interest to Trustee.......................................

  • Failure of the Recipient to repay any amount determined by ASHC pursuant to this Agreement will be considered a default of this Agreement and will be a triggering event under the Grant Security Agreement between the parties, allowing ASHC to exercise its option to purchase the Project lands as provided for in that agreement.

  • On the Petition Date, the Debtor filed its First Day Motion for Entry of an Interim and Final Order Authorizing Debtor to (A) Use Cash Collateral, (B) Grant Security Interests and other Adequate Protection under 11 U.S.C. §§105, 361 and 363(e), and (iii) Scheduling a Final Hearing Pursuant to Bankruptcy Rule 4001 [DN.

  • Consent of Holder to Sell Capital Stock or Grant Security interests.

  • Offer of Employment; Purchaser’s Covenant to Grant Security to Employees 50 SECTION 6.02.

  • To the extent that the Debtor requires the use of A/R Funding, the Debtor will continue to do so within the constraints and parameters of this Courts Order entered on February 2, 2018 with respect to their Motion Seeking Authority to (I) Sell Certain Accounts Receivable on an Interim and Final Basis Pursuant to 11 U.S.C. 363(b) and (f); and (II) Grant Security Interests and Claims Pursuant to 11 U.S.C. § 364 (c).

  • Right to Assign and Grant Security Interest.........62 SECTION 4.30.

  • Such Authorization to Obtain Credit, Grant Security, Guarantee or Subordinate shall also designate the officers of Borrower who are authorized to act on Borrower’s behalf in connection with this Agreement to do the things required of Borrower pursuant to this Agreement and the other Loan Documents to which Borrower is a party.

  • The parties hereto agree that only those amendments to this Grant Security Agreement and further agreements in writing signed by the parties will be binding on them.

Related to Grant Security

  • Relevant Security means the Stock, any other equity security of the Company or any of its subsidiaries and any security convertible into, or exercisable or exchangeable for, any Stock or other such equity security.

  • Equivalent Security means any Security issued by the same entity as the issuer of a subject Security, including options, rights, stock appreciation rights, warrants, preferred stock, restricted stock, phantom stock, bonds, and other obligations of that company or Security otherwise convertible into that Security. Options on Securities are included even if, technically, they are issued by the Options Clearing Corporation or a similar entity.

  • Exempt Security means any security that is expressly exempted from the preclearance or reporting requirements of the Code, where applicable.

  • Indexed Security means a Security the terms of which provide that the principal amount thereof payable at Stated Maturity may be more or less than the principal face amount thereof at original issuance.

  • SAR means a stock appreciation right granted under the Plan.

  • LCR Security means any commercial paper or security (other than equity securities issued to Parent or any Originator that is a consolidated subsidiary of Parent under GAAP) within the meaning of Paragraph .32(e)(viii) of the final rules titled Liquidity Coverage Ratio: Liquidity Risk Measurement Standards, 79 Fed. Reg. 197, 61440 et seq. (October 10, 2014).

  • Purchase Right means an option to purchase shares of Common Stock granted pursuant to the Plan.

  • Warrant Securities means this Warrant and the Warrant Shares, collectively.

  • Reload Option means any Option granted under Section 6(a)(iv) of the Plan.

  • Appreciation Right means a right granted pursuant to Section 5 of this Plan, and shall include both Tandem Appreciation Rights and Free-Standing Appreciation Rights.

  • Quasi-Security means an arrangement or transaction described in paragraph (b) below.

  • Investment security means a marketable obligation in the form of a bond, note, or debenture, commonly regarded as an investment security and that is salable under ordinary circumstances with reasonable promptness at a fair value.

  • Appreciation Award means any Award under this Plan of any Stock Option, Stock Appreciation Right or Other Stock-Based Award, provided that such Other Stock-Based Award is based on the appreciation in value of a share of Common Stock in excess of an amount equal to at least the Fair Market Value of the Common Stock on the date such Other Stock-Based Award is granted.

  • Loaned Security means any “security” which is delivered as a Loan under a Securities Loan Agreement; provided that, if any new or different security shall be exchanged for any Loaned Security by recapitalization, merger, consolidation, or other corporate action, such new or different security shall, effective upon such exchange, be deemed to become a Loaned Security in substitution for the former Loaned Security for which such exchange was made.

  • Stock Award means any right to receive Common Stock granted under the Plan, including an Incentive Stock Option, a Nonstatutory Stock Option, a Restricted Stock Award, a Restricted Stock Unit Award, a Stock Appreciation Right, a Performance Stock Award or any Other Stock Award.

  • relevant securities means Ordinary Shares and securities carrying conversion or subscription rights into Ordinary Shares;

  • Component Security means with respect to an Index, each component security of that Index.

  • Development Security means (i) cash or (ii) a Letter of Credit in the amount set forth on the Cover Sheet.

  • Stock Option means a contractual right granted to an Eligible Person under Section 6 hereof to purchase shares of Common Stock at such time and price, and subject to such conditions, as are set forth in the Plan and the applicable Award Agreement.

  • Stock Right means an Award under Article VI of the Plan. A Stock Right may be either a Stock Appreciation Right or a Limited Stock Appreciation Right.

  • Nonqualified Option means any Option that is not an Incentive Stock Option.

  • Nonstatutory Stock Option means an Option not intended to qualify as an Incentive Stock Option.

  • Registered Equivalent Notes means, with respect to any notes originally issued in a Rule 144A or other private placement transaction under the Securities Act of 1933, substantially identical notes (having the same Guarantees) issued in a dollar-for-dollar exchange therefor pursuant to an exchange offer registered with the SEC.

  • Cyber Security means the condition in which road vehicles and their functions are protected from cyber threats to electrical or electronic components.

  • Unrestricted Stock Award means an Award of shares of Stock free of any restrictions.

  • Treasury Security means the United States Treasury security that the Treasury Dealer determines would be appropriate to use, at the time of determination and in accordance with standard market practice, in pricing the Notes being redeemed in a tender offer based on a spread to United States Treasury yields.