Project Collateral definition

Project Collateral means (A) the Project Assets, including all present and after-acquired personal property used in connection with, relating to or arising out of, in whole or in part, the Project, and (B) the Produced Gold, and in each case including all proceeds thereof except sales of Produced Gold in the ordinary course of business.
Project Collateral means Accounts, Deposit Accounts, and/or the FHA Lender Priority Collateral.
Project Collateral means the collateral, acceptable to the Loan Committee, to secure a Project Loan.

Examples of Project Collateral in a sentence

  • For example, the County may access and use Project Collateral in order to complete improvements as required by the Construction Plans, when such improvements have not been completed in accordance with the Construction Schedule.

  • Project Collateral may be released upon completion of all improvements required by the Exhibits after initial approval by the County.

  • Borrower further covenants and agrees that it shall at all times comply with any and all laws, ordinances and governmental and regulatory rules and regulations to which Borrower, the KEM Pledged Collateral or the Project Collateral is subject.

  • Borrower hereby waives any and all presentment, demand, notice of dishonor, protest, and all other notices and demands in connection with the enforcement of Lender’s rights under this Note or any of the other Loan Documents, and hereby consents to, and waives notice of release, with or without consideration, of any of the KEM Pledged Collateral and the Project Collateral, notwithstanding anything contained herein to the contrary.

  • Warranty Collateral shallbe withheld by County from and at the time of release of Project Collateral, or may be submitted separately by Property Owner.


More Definitions of Project Collateral

Project Collateral means the collateral provided by the Funding Recipient to the Authority to secure the Debt Obligation, as more particularly set forth in Section E hereof and the Project Specific Terms, attached hereto as Exhibit A.
Project Collateral means, with respect to any Eligible Project, all property relating to such Eligible Project (other than equity interests (or warrants, options or other rights to acquire equity interests) in any Operator or Affiliate thereof) in which any Borrower has or acquires any interest, including without limitation all Project Documents and Rights.
Project Collateral means, collectively, (i) the Original Project Collateral over which a Lien has been created in compliance with the conditions as set forth in Article 10; and (ii) on and from the date of creation of any Lien in compliance with the conditions as set forth in Article 10, the relevant assets, properties and investments (other than any shares or securities) over which a Lien has been created (including the ACR Project Collateral and, to the extent it is not in the form of shares or securities, Additional Collateral), but in the case of (ii) excluding any assets, properties and investments (other than any shares or securities) over which a Lien has been released in compliance with the conditions as set forth in Article 10, on and from the date of such release.
Project Collateral. With respect to any Series Loan, the "Project Collateral" described in the Supplement relating to such Series Loan.
Project Collateral means, individually and collectively, the BNY Collateral, the Warbasse Collateral, the Big Spring Collateral and the Trinidad Collateral.
Project Collateral means, in respect of any given Project, the real and personal property and assets of the Project Credit Parties in respect of such Project which the Lender has or purports to have or will have or will purport to have a security interest pursuant to the Security Documents;
Project Collateral means all “Collateral” referred to in each Security Document.