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;
Lender Security means the Debenture and any other document designated as such by the Borrower and the Lender.
Lender Security means any assets of any nature of Borrower or any other person which are subject to a lien which secures the Indebtedness.

Examples of Lender Security in a sentence

  • The Lender Parties hold or benefit from claims against USAV in the amount of the Net Obligations secured by first priority liens on the Collateral evidenced by the Lender Security Documents (including as amended, supplemented, amended and restated, and/or otherwise modified by the Definitive Documentation).

  • They suggest that the index biomass is currently about twice Bmin (0.05 and0.95 quantiles were 57% to 63% higher than Bmin) and 40% less than Bref (23% to 53% less).

  • The Lender Security Documents provide the Collateral Agent or the Collateral Trustee (as applicable, and in each case for the benefit of the Lenders and the other Secured Parties) with effective, valid, legally binding, enforceable, non-avoidable, and properly perfected first priority Liens on all of the Collateral, and were granted to, or for the benefit of, the Secured Parties for fair consideration and reasonably equivalent value.

  • Junior Lender has no obligation to consent to future requests for subordination of the Junior Lender Security Interest.

  • Junior Lender is subordinating the Junior Lender Security Interest to the New Senior Security Instrument only, and not to other or future liens or security interests in any property of the Borrowers.

  • Section 2.3 revised 8.16.18 Section 3 Lender Restricted Access to Utah Housing Website 3.1 Lender Security Policy Utah Housing will initially e-mail written instructions to Lender’s designated contact regarding the user ID and password.

  • Adding or removing a Security Administrator is accomplished by completing the “Additional Lender Security Administrator” form located under the “Security” portion of the USDA RD LINC Training and Resource Page.

  • SECURITYIn order to secure the due payment by the Borrower of the dues to the Lender under this Agreement, the Borrower has pledged and/or shall pledge in favour of the Lender the Securities as are acceptable to the Lender, Security Documents to be executed in this behalf by the Borrower and/or the Security Provider.

  • The Subordinated Lender hereby acknowledges and consents to the existence of the Senior Lender Indebtedness and the Senior Lender Security, and confirms that the creation and existence of the Senior Lender Indebtedness does not constitute a default or an event of default under the Senior Lender Debentures or the Subordinated Lender Security.

  • The Parties acknowledge and agree that a Default under the Senior Lender Credit Agreement or the Senior Lender Security shall be deemed to be a Default under the Subordinated Lender Debentures and the Subordinated Lender Security and that a Default under the Subordinated Lender Debentures or the Subordinated Lender Security shall be deemed to be Default under the Senior Lender Credit Agreement and the Senior Lender Security.


More Definitions of Lender Security

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;
Lender Security means [the Legal Charge] [the Guarantee] [the Contract assignment] [others];] [Long Lease means a lease with a term of at least 99 years or more which:

Related to Lender Security

  • Tender Security means the security required to be submitted by the Tenderer with its Tender Offer.

  • 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 (BS) means Earnest Money Deposit / monetary or financial guarantee to be furnished by a bidder along with its tender.

  • Similar Security means a reference bond or reference bonds issued by the same issuer as the Reference Security having 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.

  • 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 any share of Common Stock, any warrant to purchase shares of Common Stock or any other security of the Company or any other entity that is convertible into, or exercisable or exchangeable for, shares of Common Stock or any other equity security of the Company, in each case owned beneficially or otherwise by the undersigned on the date of closing of the Public Offering or acquired by the undersigned during the Lock-Up Period. The restrictions in the foregoing paragraph shall not apply to any exercise (including a cashless exercise or broker-assisted exercise and payment of tax obligations) of options or warrants to purchase shares of Common Stock; provided that any shares of Common Stock received upon such exercise, conversion or exchange will be subject to this Lock-Up Period. The Lock-Up Period will commence on the date of this Lock-up Agreement and continue and include the date that is one-hundred and eighty (180) days after the closing of the Public Offering. In addition, the undersigned further agrees that, except for the registration statement filed or to be filed in connection with the Public Offering, during the Lock-Up Period the undersigned will not, without the prior written consent of the Representative: (a) file or participate in the filing with the SEC of any registration statement or circulate or participate in the circulation of any preliminary or final prospectus or other disclosure document, in each case with respect to any proposed offering or sale of a Relevant Security, or (b) exercise any rights the undersigned may have to require registration with the SEC of any proposed offering or sale of a Relevant Security. In furtherance of the undersigned’s obligations hereunder, the undersigned hereby authorizes the Company during the Lock-Up Period to cause any transfer agent for the Relevant Securities to decline to transfer, and to note stop transfer restrictions on the stock register and other records relating to, Relevant Securities for which the undersigned is the record owner and the transfer of which would be a violation of this Lock-Up Agreement and, in the case of Relevant Securities for which the undersigned is the beneficial but not the record owner, agrees that during the Lock-Up Period it will cause the record owner to cause the relevant transfer agent to decline to transfer, and to note stop transfer restrictions on the stock register and other records relating to, such Relevant Securities to the extent such transfer would be a violation of this Lock-Up Agreement. Notwithstanding the foregoing, the undersigned may transfer the undersigned’s Relevant Securities:

  • Issuer Secured Obligations means the Insurer Issuer Secured Obligations and the Trustee Issuer Secured Obligations.

  • 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

  • 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 Guaranty of such Guarantor.

  • 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 has the meaning assigned to such term in Section 2.05(k).

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

  • Letter of Credit Collateral has the meaning specified in Section 6.02(b).