Guarantor Personal Property definition

Guarantor Personal Property means, in respect of either Guarantor, all of such Guarantor’s properties and assets of whatever nature, tangible or intangible, now owned or existing or hereafter acquired or arising.
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Guarantor Personal Property means, in respect of a Guarantor, all of such Guarantor’s properties and assets of whatever nature, tangible or intangible, now owned or existing or hereafter acquired or arising.
Sample 1

Examples of Guarantor Personal Property in a sentence

  • The 2002 Guaranties are, or will be, secured by (i) a lien on and security interest in the Guarantor Personal Property of each Guarantor granted pursuant to the 2002 Guarantors General Security Agreement, (ii) collateral assignments of the Guarantor Assignable Property of each Guarantor pursuant to the 2002 Guarantors General Security Agreement and (iii) the 2002 Mortgage.

  • The Guarantor Security Agreements are effective to grant to Lender an enforceable security interest in all rights, title and interest of Guarantor in the Guarantor Personal Property Collateral.

  • Security Agreement with Guarantors that covers the Guarantor Personal Property Collateral.

  • Upon the exercise by Lender of Lender’s rights under this Guarantee, Lender shall have all rights and remedies under the Mortgages, the Loan Documents as well as all rights and remedies available to a secured party under the UCC or other applicable law with respect to the Guarantor Personal Property Collateral, all of which rights and remedies may be exercised without notice to Guarantor, all such notices being hereby waived, except such notice as is not waivable under applicable law.

Related to Guarantor Personal Property

  • Personal Property means any machinery, equipment, tools, vehicles, furniture, leasehold improvements, office equipment, plant, parts and other tangible personal property.

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • Personal Property Leases has the meaning set forth in Section 2.1(e).

  • Tangible Personal Property has the meaning set forth in Section 2.01(e).

  • movable property means property of every description except immovable property;

  • Intangible Personal Property means incorporeal personal property including, but not limited to, deposits in banks, negotiable instruments, mortgages, debts, receivables, shares of stock, bonds, notes, credits, evidences of an interest in property, evidences of debt, and choses in action generally.

  • Operating Property means any property owned, leased, or operated by the Party in question or by any of its Subsidiaries or in which such Party or Subsidiary holds a security interest or other interest (including an interest in a fiduciary capacity), and, where required by the context, includes the owner or operator of such property, but only with respect to such property.

  • Restricted Property means (a) any property of the Company located within the United States of America that, in the opinion of the Company’s board of directors, is a principal manufacturing property or (b) any shares of capital stock or Debt of any Subsidiary owning any such property.

  • Eligible personal property means property that meets all of the following conditions:

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Foreign Subsidiary Total Assets means the total assets of the Foreign Subsidiaries, as determined in accordance with GAAP in good faith by a Responsible Officer, without intercompany eliminations.