Lender Security definition

Lender Security or “Lenders Security” means, in respect of the Loan, all security and documentation required of the Borrower by the Bare Trustee pursuant to the Loan Agreement, including the Mortgage;
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Lender Security means any assets of any nature of Borrower or any other person which are subject to a lien which secures the Indebtedness.
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Lender Security means the Debenture and any other document designated as such by the Borrower and the Lender.
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Examples of Lender Security in a sentence

  • To secure payment of the Primary Credit Facility and performance of all other Loans, obligations and duties owed by Borrower to Lender, Borrower (and others, if required) shall grant to Lender Security Interests in such property and assets as Lender may require.

  • The Bank One Security Interest shall be and remain at all times a lien or charge on the Residual Interest, prior and superior to the lien or charge of Lender under the Lender Security Agreement.

  • Except as specifically modified or amended hereby, the Note and the Lender Security Agreement shall continue in full force and effect in accordance with their terms.

  • For clarity, the foregoing transfer restrictions shall not apply in respect of a bona fide enforcement of a Secured Lender Security Agreement under Article 12 of this Agreement.

  • On the Closing Date, Borrower and its Subsidiaries shall deliver to Administrative Agent for the ratable benefit of each Lender, Security Documents covering the foregoing, each in form and substance acceptable to Administrative Agent.

  • If losses are expected on the guaranteed assets, guarantee expense must be accrued as a charge to the guarantor’s income if both of the following conditions are met: (1) it is probable the asset 19 Cf. Langdon Owen, Real Property Lender Security, Lease, and Other Downside Concerns (June 5, 2008) (online at www.bankerresource.com/articles/view.php?article_id=624#) (discussing lender security provisions for real property transactions).

  • On the Closing Date, each Restricted Person shall deliver to Administrative Agent for the ratable benefit of each Lender, Security Documents covering the foregoing, each in form and substance acceptable to Administrative Agent.

  • To secure payment of the Primary Credit Facility and performance of all other Loan, obligations and duties owed by Borrower to Lender, Borrower (and others, if required) shall grant to Lender Security Interests in such property and assets as Lender may require.

  • Despite heightened security awareness, trust in the cloud was high; specifically trust in for example, Microsoft and Google.

  • On the Closing Date, the Credit Parties shall deliver to Administrative Agent for the ratable benefit of each Lender, Security Documents covering the foregoing, each in form and substance acceptable to Administrative Agent.


More Definitions of Lender Security

Lender Security means [the Legal Charge] [the Guarantee] [the Contract assignment] [others];]
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Lender Security means all registered security interests now or hereafter held by the Lender in any or all of the Customer’s present and after acquired personal property to secure present and future debts and obligations of the Customer to the Lender;
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Related to Lender Security

  • LCR Security means any commercial paper or security (other than equity securities issued to Parent or any Originator that is a consolidated subsidiary of Parent under GAAP) within the meaning of Paragraph .32(e)(viii) of the final rules titled Liquidity Coverage Ratio: Liquidity Risk Measurement Standards, 79 Fed. Reg. 197, 61440 et seq. (October 10, 2014).

  • Cyber Security means the condition in which road vehicles and their functions are protected from cyber threats to electrical or electronic components.

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Other Security means any security acceptable to the commissioner other than security meeting the definition of Primary Security.

  • Collateral Security means security, other than a security interest in a motor vehicle that is the subject of an installment sale contract, that is given to secure performance of an obligation of the buyer, or of any surety or guarantor for the buyer, under an installment sale contract. The term includes the undertakings of any surety or guarantor for the buyer and any interest in, encumbrance on, or pledge of real or personal property other than the motor vehicle that is the subject of the installment sale contract.

  • Issuer Secured Parties means the Trustee in respect of the Trustee Issuer Secured Obligations.

  • Bid Security means the bid security provided by the Contractor to the Authority in accordance with the Request for Proposal, and which is to remain in force until substituted by the Performance Security;

  • Similar Security means a reference bond or reference bonds issued by the same issuer as the Reference Security having an actual or interpolated maturity comparable with the remaining term of the Notes that would be utilised, at the time of selection and in accordance with customary financial practice, in pricing new issues of corporate debt securities of comparable maturity to the remaining term of the Notes.

  • Exempt Security means any security that is expressly exempted from the preclearance or reporting requirements of the Code, where applicable.

  • Loaned Security means any “security” which is delivered as a Loan under a Securities Loan Agreement; provided that, if any new or different security shall be exchanged for any Loaned Security by recapitalization, merger, consolidation, or other corporate action, such new or different security shall, effective upon such exchange, be deemed to become a Loaned Security in substitution for the former Loaned Security for which such exchange was made.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Other Secured Claim means any Secured Claim other than an Administrative Claim, Secured Tax Claim, DIP Facility Claim, or Prepetition Credit Agreement Claim.

  • 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.

  • Issuer Secured Obligations means all amounts and obligations which the Issuer may at any time owe to or on behalf of the Indenture Trustee for the benefit of the Indenture Trustee and the Noteholders under this Indenture, the Notes or the other Basic Documents.

  • Security means a mortgage, charge, pledge, lien or other security interest securing any obligation of any person or any other agreement or arrangement having a similar effect.

  • Worthless security means a security whose cost of liquidation and delivery to the administrator would exceed the value of the security on the date a report is due under this chapter.

  • Revolver Note means any one of such Revolver Notes.

  • Deposit Secured Loan means a loan in which the only collateral securing the loan is Assumed Deposits or deposits at other insured depository institutions

  • or "Security means any debt securities or debt security, as the case may be, authenticated and delivered under this Indenture.

  • Borrower Note means the “Borrower Note” as defined in the Borrower Loan Agreement.

  • Quasi-Security means an arrangement or transaction described in paragraph (b) below.

  • Guarantor Security Agreement means any security agreement executed by any Guarantor in favor of Agent securing the Obligations or the Guaranty of such Guarantor, in form and substance satisfactory to Agent.

  • Collateral Loan means a Senior Secured Loan, a Senior Secured Bond, a First Lien/Last Out Loan or a Second Lien Loan or a Participation Interest in any Senior Secured Loan, First Lien/Last Out Loan or Second Lien Loan that as of the date of acquisition by the Borrower meets each of the following criteria:

  • 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.

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under the sole dominion and control of the Administrative Agent.

  • Component Security means with respect to an Index, each component security of that Index.