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.

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

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

  • City to Grant Security Interest to Servicing Agent 21 ARTICLE VIII DEFAULTS AND REMEDIES 21 Section 8.01.

  • 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.

  • EPE Promise to Grant Security Agreement (Contrato de Promessa de Prestação de Garantia) EPE, OPIC, KfW, Banco Citibank S.A., Citibank, N.A., Bolivia, Citibank, N.A., Enron Corp., and Shell Overseas Trading Limited.

  • On June 21, 2012, the Bankruptcy Court entered the Final Order (A) Authorizing Debtors to Obtain Postpetition Financing and Grant Security Interests and Superpriority Administrative Expense Status Pursuant to 11 U.S.C. Sections 105 and 364(c); (B) Modifying the Automatic Stay Pursuant to Pursuant to Section 4 of the DIP Order, the Committee was given up to 120 days to investigate and challenge certain prepetition obligations of the Debtors (subject to extension on consent or for cause shown).

  • Section 13.1 The Authority to Grant Security Interest to Bondholder.................................................................

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

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: (1) direct obligation of the Government of the United States, including all state and municipal obligations; (2) bankers’ acceptance, bank certificate of deposit, commercial paper, bank repurchase agreement and other high quality short-term debt instrument; (3) shares issued by registered open-end mutual funds (including money-market funds) and unit investment trusts, in each case provided they are not Reportable Funds or ETFs (as such terms are defined herein); and (4) Securities in an account over which you do not have any direct or indirect influence or Control (note that there is a presumption that you can exert some measure of influence or control over accounts held by members of your immediate family sharing the same household, but this presumption may be rebutted by convincing evidence acceptable to the Chief Compliance Officer in accordance with this Code);

  • 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.