Insurance Collateral definition

Insurance Collateral means, collectively, all “Insurances” as defined in each Assignment of Insurances.

Insurance Collateral shall have the meaning specified in Section 2.02(b).

Insurance Collateral shall have the meaning set forth in the General Assignment Agreement.

Examples of Insurance Collateral in a sentence

• For the avoidance of doubt, neither the Plan Administration Trust nor the Plan Administration Trustee shall be vested with the rights to pursue any MDT Insurance Rights or MDT Insurance Collateral.

• Bouchard Collateral; (s) the Bouchard Girls Collateral; (t) the Earnings Collateral, and (u) the Insurance Collateral (collectively, the “WellsFargo Collateral”).

• Bouchard Collateral; (s) the Bouchard Girls Collateral;(t) the Earnings Collateral, and (u) the Insurance Collateral (collectively, the “Wells Fargo Collateral”).

• For the avoidance of doubt, nothing herein shall require the Assignee to file any such financing statements or any continuation statements, or be responsible for maintaining the security interests purported to be created by this Assignment (except for the safe custody of any Insurance Collateral in its possession and the accounting for moneys actually received by it under this Assignment) and such responsibility shall be solely that of each Assignor.

• The Assignors shall remain liable to perform all of their obligations in relation to the Insurance Collateral and the Assignee shall be under no obligation of any kind whatsoever in respect thereof or be under any liability whatsoever (including, without limitation, any obligation or liability with respect to the payment of premiums, calls, assessments or any other sums at any time due and owing in respect of the Insurances) in the event of any failure by the Assignors to perform such obligations.

More Definitions of Insurance Collateral

Insurance Collateral has the meaning set forth in Section 4.1(u) hereof.

Insurance Collateral as defined in Section 10.25(b).

Insurance Collateral shall have the meaning set forth in the Global Assignment Agreement.

Insurance Collateral means (a) all Insurance Policies in respect of the Collateral Rigs, whether heretofore, now or hereafter effected, and all renewals of or replacements for the same, (b) all claims, returns of premium and other moneys and claims for moneys due and to become due under or in respect of the Insurance Policies in respect of the Collateral Rigs, (c) all other rights of the Loan Parties under or in respect of the Insurance Policies in respect of the Collateral Rigs and (d) any proceeds of any of the foregoing.

Insurance Collateral has the meaning given to such term in Section 2(a)(xi) of this Agreement.

Insurance Collateral as the case may be, as defined in the respective Assignment of Earnings and the Assignment of Insurances.

Insurance Collateral shall have the meaning ascribed thereto in the Assignment of Insurances.