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

• Secured Program storage space, which will be used to store any Materials that arrive at the Property within seventy-two (72) hours prior to the start of the Program.

• To the extent allowed by law, the Secured Parties may take concurrent proceedings in any number of jurisdictions.

• The parties agree that the Security Agent (acting in the name of and/or acting in its own name as agent for and on behalf of the Secured Parties) has the right to enforce this Pledge Agreement and to commence proceedings (including, without limitation, legal proceedings in any compe- tent court) against the Pledgor with or without joining any of the other Secured Parties as additional parties to any such proceedings as the Security Agent may deem to be appropriate.

• Xxxxxx acknowledges that the Secured Parties shall be third-party beneficiaries of this Lease.

• This Pledge Agreement takes effect on the date hereof and will remain effective until the Secured Obligations have been fully and finally discharged to the satisfaction of the Security Agent and confirmed in writ- ing, whether or not as the result of an enforcement, and no Secured Party is subject to any further obligation to provide financial accommodation to any Debtor under any Debt Documents.

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 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 means when referring to a Claim: (a) secured by a Lien on property in which

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 a valid right of setoff pursuant to section 553 of the Bankruptcy Code as determined pursuant to section 506(a) of the Bankruptcy Code, or (b) Allowed pursuant to the Plan as a Secured Claim.