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 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 Accounts, Deposit Accounts, and/or the FHA Lender Priority Collateral.

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.

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

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

• On or promptly following the Closing Date, all necessary recordings and filings will have been or will be made such that the Security Interests created by such Security Documents will constitute valid, perfected and continuing Security Interests on the Project Collateral under such Security Documents, subject only to Permitted Security Interests.

• No real property interest pledged as part of the Project Collateral under the Project Specific Terms, attached hereto as Exhibit A, is subject to any lien, charge or encumbrance, other than those identified in the List of Liens, attached hereto as Exhibit B.

More Definitions of Project Collateral

Project Collateral means the collateral, acceptable to the Loan Committee, to secure a Project Loan.

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; 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 Additional Collateral to the extent it is not in the form of shares or securities), and 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 means all “Collateral” referred to in each Security Document.

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 has the meaning set forth in the Collateral Assignment.

Project Collateral means, individually and collectively, the BNY Collateral, the Warbasse Collateral, the Big Spring Collateral and the Trinidad Collateral.