Northern Irish Security Property definition

Northern Irish Security Property means the Liens expressed to be granted under the Northern Irish Security Documents in favor of the Administrative Agent and all proceeds of those Liens.
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Northern Irish Security Property means the Liens expressed to be granted under the Northern Irish Security Documents in favor of the Administrative Agent and all proceeds of those Liens. “Note” means a Revolving Facility Note or a Term Note, as applicable. “Notice of Borrowing” has the meaning provided in Section 2.06(b). “Notice of Continuation or Conversion” has the meaning provided in Section 2.10(b). “Notice Office” means the office of the Administrative Agent at 0000 Xxxxxxxx Xxxx; Mail Code: OH-01-49-0362, Xxxxxxxx, Xxxx 00000, Attention: Xxxxx X. Xxxxxx (xxxxx_xxxxxxxxx@xxxxxxx.xxx with copy to xxxx_xxxxxx@xxxxxxx.xxx), or such other office(s) as the Administrative Agent may designate in writing to the U.S. Borrower from time to time. “Obligations” means, collectively, the U.S. Obligations, the EMEA Facility Obligations and the Non-U.S. EMEA Credit Party Obligations and, individually, as the context may require. “OFAC” has the meaning provided in Section 5.24(a). “Operating Lease” as applied to any Person means any lease of any property (whether real, personal or mixed) by that Person as lessee that, in conformity with GAAP, is not accounted for as a Capital Lease on the balance sheet of that Person. “Ordinary Course Dispositions” means, the following: (a) dispositions or the abandonment of obsolete, excess, worn out or surplus furniture, fixtures, equipment or other property, real or personal, tangible or intangible, and property no longer material, used or useful to the business of the U.S. Borrower or any of its Restricted Subsidiaries, whether now owned or hereafter acquired; (b) dispositions of inventory in the ordinary course of business (including, for the avoidance of doubt, any sale, license, lease or other conveyance of capacity on communication networks (including of any fiber or fiber pair) or collocation capacity, in each case, to customers in the ordinary course of business); (c) dispositions of equipment or Real Property to the extent that (i) such property is exchanged for credit against the purchase price of similar replacement property or (ii) the proceeds of such disposition are reasonably promptly applied to the purchase price of such replacement property; (d) licenses of Intellectual Property in the ordinary course of business; (e) dispositions of Cash Equivalents in the ordinary course of business; (f) termination of leased office locations in the ordinary course of business; (g) dispositions of accounts receivable in connection with the collection or compromi...
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Related to Northern Irish Security Property

  • Security Property means all right, title and interest in, to and under any Security Document, including:

  • City Property means any real property owned by City, whether in fee or other ownership estate of interest.

  • Relevant Property means property of a kind affected by the transfer order, whether it is an estate or interest in land or any other property.

  • Retail Property means a Property improved with a building or buildings the substantial use of which is retail space, which may include a Property that is part of a Mixed-Use Property.

  • Community property means that property of a husband and wife

  • School property means in or within any building, structure, athletic playing field, playground, parking lot or land contained within the real property boundary line of a public elementary or secondary school, or in or on a school bus, as defined in Vehicle and Traffic Law §142.

  • Joint Property means property that is owned by 2 or more persons with rights of survivorship, and includes a tenancy by the entireties in real property, a tenancy in personal property as provided in section 1 of 1927 PA 212, MCL 557.151, a joint tenancy, a joint tenancy with rights of survivorship, and a joint life estate with contingent remainder in fee. For purposes of this part, joint property is considered to consist of a present interest and a future interest. The future interest is the right of survivorship.

  • Industrial Property – means property used for construction, repair, trade or manufacturing, production, assembly or processing of finished or partially finished products from raw materials or fabricated parts on such a large scale that capital and labour are significantly involved, and includes any office or other accommodation on the same property, the use of which is incidental to such activity;

  • Leased Real Property has the meaning set forth in Section 3.18(b).

  • Mining Property means a property used for mining operations as defined in the Mineral and Petroleum Resources Development Act, 2002 (Act No. 28 of 2002);

  • Existing Property means all property against which ad valorem property taxes were levied by a local unit for its concluding fiscal year, minus all property that is considered losses for purposes of ad valorem property tax levies of the local unit for the ensuing fiscal year.

  • Security procedure means a procedure employed for the purpose of verifying that an electronic signature, record, or performance is that of a specific person or for detecting changes or errors in the information in an electronic record. The term includes a procedure that requires the use of algorithms or other codes, identifying words or numbers, encryption, or callback or other acknowledgment procedures.

  • Security Codes are the credentials (such as codes and passwords) that are associated with you and used by us to verify the authenticity of Communications from you. Security Codes are used to access Accounts and to use the Services. The Security Codes include any supplemental or alternative method used to verify the authenticity of Communications that may be offered or presented to you by us from time to time. • “Service(s)” and “Online Banking” are the online banking interface and the banking services described in this Agreement.

  • Adjoining Property means all sidewalks, driveways, curbs, gores and vault spaces adjoining any of the Leased Premises.

  • Agricultural land means land primarily devoted to the

  • Mortgaged Real Property means (a) each Real Property identified on Schedule 1.01(a) hereto and (b) each Real Property, if any, which shall be subject to a Mortgage delivered after the Closing Date pursuant to Section 5.11(c).