Hypothecated Assets definition

Hypothecated Assets means the Receivables and/or any other asset(s) (including all the present and future interests, right and title of the Hypothecator(s) therein) hypothecated/charged or to be hypothecated/charged as Security in favour of the Lender by the Hypothecator(s) from time to time.
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Hypothecated Assets means the specific identified Pool of Receivables over which charge shall be/ has been created in terms of the Deed of Hypothecation for securing the obligations of the Company in relation to the Debentures.
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Hypothecated Assets has the meaning assigned to the term in the Deed of Hypothecation; (aa) “IBC” has the meaning assigned to the term in Clause 8.2(n) hereof;
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Examples of Hypothecated Assets in a sentence

  • The Borrower shall cause the Hypothecator(s) and the Hypothecator(s) shall agree, to the satisfaction of IHFL, to hypothecate, encumber, charge, pledge and/or assign (by way of Security) the Hypothecated Asset(s) exclusively in favour of IHFL.

  • In no circumstances will the Trust have any affirmative duty to attempt to locate any Holder of an Allowed Claim.

  • To take all such steps as may be required for the recovery of any of the Hypothecated Assets, including the institution of any claim, suit, petition or other legal process and the signing and execution of all necessary vakalatnamas and documents for the said purpose and the compromising or settlement of such suit or action.

  • Accordingly, the Tractor/Hypothecated Asset(s) has since been purchased and registered with the appropriate authority, we do hereby submit the detailed particulars of the Tractor(s) being the Hypothecated Asset(s) hereunder.

  • The Issuer shall notify the Debenture Trustee of the details and aggregate amounts (amount computed as principal outstanding of the Hypothecated Assets) under a stock statement to be submitted by the Issuer as per regulatory requirements identifying such Charged Assets.

  • Accordingly, the vehicle/Hypothecated Asset(s) has since been purchased and registered with the appropriate authority, we do hereby submit the detailed particulars of the vehicle(s) being the Hypothecated Asset(s) hereunder.

  • An exclusive and first ranking charge by way of hypothecation over identified fixed deposits of the Issuer and/or an exclusive and first ranking floating charge by way of hypothecation on identified standard receivables (“Hypothecated Assets”) of the Issuer, to the extent that the principal amount of such Hypothecated Assets (or amount in case of fixed deposits) is equivalent to the 1.00 times of the principal amount outstanding under the NCDs (“Charged Assets”).

  • The Borrower/Co-Borrower(s) shall punctually pay all rents, taxes, outgoing and other charges in respect of the premises in which the Hypothecated Assets are parked or kept.

  • The Borrower/Co-Borrower(s) shall execute on demand by the Bank such further documents as may be required by the Bank to perfect the Security and/or vest the Hypothecated Assets or any of them in favour of the Bank and to render the same readily realizable or transferable by the Bank at any time.

  • The Borrower shall punctually pay all rents, taxes, outgoing and other charges in respect of the premises in which the Hypothecated Assets is/are parked or kept.


More Definitions of Hypothecated Assets

Hypothecated Assets shall have the meaning ascribed to the term in Article 4.1 of this Agreement.
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Hypothecated Assets means, collectively, the Hypothecated Assets (Company) and the Hypothecated Assets (SPV).
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Hypothecated Assets has the meaning given to it in the Deed of Hypothecation.
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Hypothecated Assets means all assets hypothecated to the Bank including book debts and securities, fixed assets, goods and assets and all moveable properties and vehicles, plant and machineries.
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Hypothecated Assets means the Account Assets and the Receivables which are secured by the Company on a first ranking sole and exclusive basis pursuant to the relevant Security Documents.
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Related to Hypothecated Assets

  • Encumbered shall have corresponding meanings.

  • Restricted Assets means all licenses, permits, franchises, approvals or other authorizations from any Governmental Authority from time to time granted to or otherwise held by the Company to the extent the same constitute “Excluded Assets” under (and as defined in) the Senior Lien Documents or the Junior Lien Documents or are similarly carved out from the granting clause or the collateral thereunder.

  • Disposed of Adjusted Property has the meaning assigned to such term in Section 6.1(d)(xii)(B).

  • Transferred Assets means the assets, rights and properties of the Sellers that the Purchasers shall acquire as of the Closing.

  • Permitted Assets means any and all properties or assets that are used or useful in a Permitted Business (including Capital Stock in a Person that is a Restricted Subsidiary and Capital Stock in a Person whose primary business is a Permitted Business that shall become a Restricted Subsidiary immediately upon the acquisition of such Capital Stock by the Issuer or by a Restricted Subsidiary, but excluding any other securities).

  • 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.

  • Excluded Personal Property means the following:

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Disposed of shall have correlative meanings.

  • Transferred shall have a correlative meaning.

  • Transferred Asset means each asset, including any Loan Asset and Substitute Loan Asset (including, if any, the Participation thereof), Conveyed by the Seller to the Purchaser hereunder, including with respect to each such asset, all Related Property; provided that the foregoing will exclude the Retained Interest and the Excluded Amounts.

  • Related Assets Any assets held by a Trust the return of which is linked to one or more Underlying Securities and which, if applicable, shall be described in the related Supplement or a schedule thereto.

  • Disposed shall have correlative meanings.

  • Transferred Property shall have the meaning specified in Section 2.1(a) hereof.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Leased Personal Property shall have the meaning given such term in Section 2.1(e).

  • Excepted Property The meaning assigned in the Granting Clauses hereof.

  • 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.

  • Assigned Property means real and related personal property which, in the discretion of the Administrator or his designee, has been made available to the Department for transfer for public health purposes.

  • Retained Assets has the meaning set forth in Section 2.2.

  • Certificated Security shall have the meaning given such term in Section 8-102(a)(4) of the UCC.

  • Receivables Related Assets means accounts receivable, instruments, chattel paper, obligations, general intangibles and other similar assets, in each case relating to receivables subject to the Permitted Receivables Facility, including interests in merchandise or goods, the sale or lease of which gave rise to such receivables, related contractual rights, guaranties, insurance proceeds, collections and proceeds of all of the foregoing.

  • Purchased Assets has the meaning set forth in Section 2.1.

  • Permitted Encumbrances means:

  • Permitted Security Interests means (i) any Security Interest for taxes, assessments or governmental charges or levies which relate to obligations not yet due and delinquent, (ii) easements, servitudes, encroachments and other minor imperfections of title which do not, individually or in the aggregate, detract from the value of or impair the use or marketability of any real property, and (iii) undetermined or inchoate Security Interests arising or potentially arising under statutory provisions which have not at the relevant time been filed or registered in accordance with applicable laws or of which written notice has not been given in accordance with applicable laws;