Secured definition

Secured means when referring to a Claim: (a) secured by a Lien on property in which the Estate has an interest, which Lien is valid, perfected, and enforceable pursuant to applicable law or by reason of a Bankruptcy Court order, or that is subject to setoff pursuant to section 553 of the Bankruptcy Code, to the extent of the value of the creditor’s interest in the Estate’s interest in such property or to the extent of the amount subject to setoff, as applicable, as determined pursuant to section 506(a) of the Bankruptcy Code; or (b) Allowed pursuant to the Plan or separate order of the Bankruptcy Court as a secured claim.
Secured means locked so as to prevent entry other than by using force.
Secured means that one of the following legally recognised undertakings has been provided for the payment of the specified sum in full by the AGM at the end of the Playing Season in which the transfer of membership takes place:

Examples of Secured in a sentence

  • The Company agrees to furnish any such information to the Secured Party promptly upon request.

  • The Company will (a) give the Secured Party at least 30 days’ prior written notice of any change in the Company’s name, identity, or organizational structure, (b) maintain its jurisdiction of incorporation, organization or formation as set forth on Schedule 4.4 attached hereto, (c) immediately notify the Secured Party upon obtaining an organizational identification number, if on the date hereof the Company did not have such identification number.

  • The Secured Party, in turn, acknowledges that this paragraph shall not be construed as a restriction or prohibition on the Company’s rights to file any voluntary petition or make application for or seek relief or protection under the United States Bankruptcy Code.

  • Secured Party may, but shall not be required to, perform any or all of such obligations of the Company under any of the License Agreements, including, but not limited to, the payment of any or all sums due from the Company thereunder.

  • The Company also ratifies its authorization for the Secured Party to have filed in any jurisdiction any initial financing statements or amendments thereto if filed prior to the date hereof.


More Definitions of Secured

Secured or “Secured Claim” means, when referring to a Claim, a Claim that is: (a) secured by a Lien on collateral to the extent of the value of such collateral, as determined in accordance with section 506(a) of the Bankruptcy Code; or (b) subject to a valid right of setoff pursuant to section 553 of the Bankruptcy Code to the extent of the value of such right of setoff.
Secured means when referring to a Claim: (a) secured by a Lien on property in which
Secured means the use of a method, device, or structure that:
Secured means the firearm is closed into the trunk or nonpassenger part of the vehicle; placed into a closed and secure carrying device; rendered inoperative by the use of a trigger, hammer, cylinder, slide, or barrel-locking device that renders the firearm incapable of firing until the device is unlocked and removed; or so disassembled or disabled as to be rendered incapable of firing.
Secured means, with respect to any Claim, the extent to which the Claim is: (a) secured by a Lien on property of a Debtor’s Estate (i) as set forth in the Plan, (ii) as agreed to by the holder of such Claim and the Debtors, or (iii) as determined by a Final Order in accordance with section 506(a) of the Bankruptcy Code; or (b) subject to any setoff right of the holder of such Claim under section 553 of the Bankruptcy Code, but, with respect to both of the foregoing clauses (a) and (b), only to the extent of the value of the interest of such holder in the Estate’s interest in the property securing such Claim or the amount subject to setoff, as applicable.
Secured means the firearm is closed into the trunk or nonpassenger part of the
Secured or “Secured Claim” means, when referring to a Claim, a Claim that is: