Land Collateral definition

Land Collateral means Collateral being any right, title or interest in land;
Land Collateral means Collateral

Examples of Land Collateral in a sentence

  • Any and all buildings, structures and other improvements, and any appurtenances thereto, now or at any time hereafter situated, placed or constructed upon the Land, Collateral Security, or any part thereof.

  • Receipt by Administrative Agent of Appraisals in form and substance satisfactory to Administrative Agent, with respect to the Minimum Land Collateral.

  • The Borrower agrees that on request from OFL the Borrower will execute a registerable mortgage in a form required by OFL over the Land Collateral for this purpose.

  • This process depends closely on the different physical contributions to the turbu- lent kinetic energy (TKE) at the interface.

  • Should the Property contain Hazardous Materials of any quantity unacceptable to Administrative Agent or the Requisite Lenders, the Administrative Agent and the Requisite Lenders reserve the right to elect to not include or remove such Property from the Minimum Land Collateral and Borrowing Base.

  • In addition, the Company had not made a distinction of the nature of the collateral offered by the Land Collateral Agreement as compared to a charge over the land in the disclosures in its annual reports for FY2016 to FY2018.

  • Pursuant to the Land Collateral Agreement, PT Hanjungin shall grant to MGR the power of sale and/or transfer over the Kupang Land to sell, transfer and/or dispose of the Kupang Land to any third party purchaser (“Power of Sale”) as a collateral to secure all obligations of PT Hanjungin under the RCL agreement including all payment obligations.

  • That the Borrower acknowledges that the Personal Property Collateral may not be sufficient security to protect OF’s interests and accordingly the Borrower agrees to mortgage all of the Borrower’s present and future right, title and interest in the Land Collateral (or any property purchased in substitution of the Land Collateral) in favour of OF to the intent that a caveatable interest is created in the Land Collateral as security for payment of all moneys payable by the Borrower under this Agreement.

  • Schedule 4.1 is, as of the Agreement Date, a complete and correct listing of all Borrowing Base Properties, and Schedule 4.1 denotes which of such Borrowing Base Properties constitutes Minimum Land Collateral.

  • The directors collectively and individually accept full responsibility for the accuracy of the information given in this announcement and confirm after making all reasonable enquiries that, to the best of their knowledge and belief, this announcement constitutes full and true disclosure of all material facts about the RCL and accompanying Land Collateral Agreement, and the directors are not aware of any facts the omission of which would make any statement in this announcement misleading.

Related to Land Collateral

  • UCC Collateral is defined in Section 3.03.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • As-Extracted Collateral means “as-extracted collateral” as such term is defined in the Uniform Commercial Code as in effect on the date hereof in the State of New York.

  • Possessory Collateral means any Shared Collateral in the possession of a Collateral Agent (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction. Possessory Collateral includes, without limitation, any Certificated Securities, Promissory Notes, Instruments, and Chattel Paper, in each case, delivered to or in the possession of the Collateral Agent under the terms of the First-Lien Security Documents.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Collateral means all of the “Collateral” referred to in the Collateral Documents and all of the other property that is or is intended under the terms of the Collateral Documents to be subject to Liens in favor of the Administrative Agent for the benefit of the Secured Parties.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • Combined Collateral LLC: Combined Collateral LLC, a Delaware limited liability company.

  • UCC Filing Collateral means any Collateral, including Collateral constituting investment property, for which a security interest can be perfected by filing a UCC-1 financing statement.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Prepetition Collateral means the collateral securing the Prepetition BP Secured Claim, including, without limitation, the Posted Collateral.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • First Priority Lien means any Lien created by the First Priority Security Documents.

  • Senior Collateral Documents means the Security Agreement and the other “Security Documents” as defined in the Credit Agreement, the First Lien Intercreditor Agreement (upon and after the initial execution and delivery thereof by the initial parties thereto) and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by any Borrower or any other Grantor for purposes of providing collateral security for any Senior Obligation.

  • Personal Property Collateral means all Collateral other than Real Property.

  • Pledged Collateral has the meaning assigned to such term in Section 2.01.

  • Purchase Agreement Collateral has the meaning specified in Section 6.9 of this Agreement.

  • Canadian Collateral means any and all property owned, leased or operated by a Person covered by the Canadian Collateral Documents and any and all other property of any Canadian Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Canadian Secured Obligations.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • Indenture Collateral has the meaning set forth in the Granting Clause of the Indenture.

  • Loan Collateral With respect to any Mortgage Loan, the related Mortgaged Property and any personal property securing the related Mortgage Loan, including any lessor’s interest in such property, whether characterized or recharacterized as an ownership or security interest, and including any accounts or deposits pledged to secure such Mortgage Loan, and any Additional Collateral.

  • Landlord Personal Property Collateral Access Agreement means a Landlord Waiver and Consent Agreement substantially in the form of Exhibit K with such amendments or modifications as may be approved by Collateral Agent.

  • Patent Collateral means all Patents, whether now owned or hereafter acquired by the Company that are associated with the Business.