Qualified Collateral one or more Qualified Vessels and/or cash and Cash Equivalents, the aggregate Fair Market Value of which is at least equal to the Fair Market Value of the Mortgaged Vessel or Mortgaged Vessels for which such Qualified Collateral is being substituted.
Qualified Collateral means one or more Qualified Vessels and/or cash and Cash Equivalents, the aggregate Fair Market Value of which is at least equal to the Appraised Value of the Mortgaged Vessel or Mortgaged Vessels for which such Qualified Collateral is being substituted.
Qualified Collateral means one or more completed Qualified Vessels, completed Qualified Container Assets and/or cash and Cash Equivalents; provided that, in the case of a substitution only, (i) the aggregate Fair Market Value of such Qualified Collateral shall be at least equal to the Appraised Value of the Mortgaged Vessel(s) or Mortgaged Container Asset(s) for which such Qualified Collateral is being substituted; and (ii) to the extent the applicable Mortgaged Vessel for which such Qualified Collateral is being substituted was employed by way of a Charter, the applicable Qualified Vessel is employed by way of a Charter with an Acceptable Charterer.
Examples of Qualified Collateral in a sentence
Collateral must comply with the Acceptable Collateral Listing: Qualified Collateral attached hereto as Appendix G Acceptable Collateral Listing: List of Financial Assets Qualified for Collateral to Secure Deposits and Repurchase Agreements.
The FHLBC will monitor these non-traditional mortgage volumes using data as disclosed in a member’s call report and Qualified Collateral Report (“QCR”).
Collateral must comply with the Acceptable Collateral Listing: Qualified Collateral attached hereto as Appendix F Acceptable Collateral Listing: List of Financial Assets Qualified for Collateral to Secure Deposits and Repurchase Agreements.
Generally, all Members that have granted the FHLBank Chicago a blanket lien and report collateral on the Qualified Collateral Report will have transactions automatically accepted in the MERS Registry, whereas members pledging on a specified or delivered basis will be subject to review and approval by the FHLBank Chicago.
Collateral must comply with the Acceptable Collateral Listing: Qualified Collateral attached hereto as Appendix D Acceptable Collateral Listing: List of Financial Assets Qualified for Collateral to Secure Depositsand Repurchase Agreements.
More Definitions of Qualified Collateral
Qualified Collateral has the meaning given to that term in the Pledge Agreement.
Qualified Collateral means: (i) Qualified Loans or XXXX; (ii) Mortgage Documents and other documents, instruments or liens representing or securing the Qualified Loans or XXXX; (iii) all payment records with respect to the Qualified Loans or XXXX; (iv) the Securities Account; (vi) all Qualified Substitute Collateral; (vi) all documents relating to the Securities Account; (vii) all Proceeds of the foregoing regardless of the form thereof, including, without limitation, all Proceeds in the form of accounts, chattel paper, payment intangibles, promissory notes and goods subject to a consignment; and (viii) with respect to any portion of the Qualified Collateral in excess of 100% of the AgVantage Bond Balance, any Qualified Substitute Collateral.
Qualified Collateral means: all Collateral other than the Pledged Shares, including the Restricted Proceeds and any Additional Collateral, to the extent each is Collateral at such time. The Textron Collateral shall become Qualified Collateral only when it becomes Collateral pursuant to the terms hereof.
Qualified Collateral means (i) any property subject to a Lien consistent with the requirements of this Indenture which is a "full-service" or "all-suites" property as determined in good faith by the Company and consistent with industry standards; (ii) any and all related real property thereto; (iii) property consisting of furniture, furnishings, fixtures and equipment and machinery forming a part thereof or used in connection therewith; (iv) trademarks, to the extent assignable (other than the Company's proprietary tradenames including, without limitation, "AmeriSuites" and "Wellesley Inns"); (v) assignments of rents, contracts and franchise rights, to the extent assignable, all as provided in the Collateral Documents; and (vi) proceeds of the foregoing.
Qualified Collateral means and include all Collateral secured by Eligible Mortgages and all cash deposited with Bank in trust as security for the Notes. Such Notes shall have been endorsed by Trust to Bank and placed in Bank's possession under written instrument of pledge constituting a first lien, and shall be secured by Eligible Mortgages which have been transferred and assigned to the Bank by instrument in recordable form and recorded in the proper real estate records of the jurisdiction in which the property covered therein is situated.
Qualified Collateral means trucks, tractors, trailers, tippers and loaders owned by the Borrower and used in the Borrower's business, and other equipment owned by the Borrower and used in the Borrower's business, which meet the specifications established by the Agent in its reasonable discretion from time to time. In no event, however, shall the Qualified Collateral be deemed to include any of the Borrower's (a) motor vehicles or equipment that is not in good condition or usable in the ordinary course of the Borrower's business; (b) motor vehicles or equipment with respect to which the Agent (on behalf of itself and the Lenders) does not have a first and valid, fully perfected security interest and possession of the motor vehicle certificates of title therefor; or (c) motor vehicles or equipment which is not, at the time it is submitted by the Borrower for advances of Loans, listed and described on the most recent Borrowing Base Certificate.
Qualified Collateral means accrued interest, accrued administrative late fees, plus Borrower’s advance costs for purchase of rights of collection.