Secured Property definition
Secured Property means the assets that are the subject of the security constituted by the Security Documents.
Secured Property means the Secured Balancing Agreement Rights, the Secured Agent Rights and the Secured Assets. For the avoidance of doubt, any amount standing to the credit of the Reserve Trust Account shall not constitute Secured Property.
Secured Property means at any time, any present or future right, property or undertaking of the Company, (other than an amount which has been deposited to, or which is standing to the credit of, the Debt Service Reserve Account or the Debt Protection Account (each as defined in the Facility Agreement) and any Authorised Investment (as defined in the Facility Agreement) from either of those Accounts (or the proceeds of any such Authorised Investment)) of whatever kind or wherever situated which is subject at that time to both—
Examples of Secured Property in a sentence
Subject to Clause 13.2, upon the expiry of the Security Period the Assignee shall (at the request and cost of the Assignors) execute such documents and do all such reasonable acts as may be necessary to release and reassign the Secured Property from the security constituted by this Deed.
The Assignee, at any time and from time to time, may delegate by power of attorney or in any other manner to any person or persons all or any of the powers, authorities and discretions which are for the time being exercisable by the Assignee under this Deed in relation to the Secured Property or any part thereof.
More Definitions of Secured Property
Secured Property means in relation to an Obligor:
Secured Property means the assets and contractual rights in respect of the agreements comprising the property on which the Series of Notes is secured, as specified in the Issue Deed
Secured Property means any Assets, the Series Rights and any other assets of the Issuer that are subject to any Additional Security granted by the Issuer in respect of the Notes.
Secured Property means all Personal Property and Other Property.
Secured Property means, in respect of a Series, the English Law Secured Property and the Irish Law Secured Property for such Series.
Secured Property means all rights, title, interest and benefits whatsoever of the Owner under or in connection with the Master Swap Agreement including, without limitation, all moneys payable by the Bank to the Owner thereunder (including without limitation any payment pursuant to termination provisions thereunder) and all claims for damages in respect of any breach by the Bank of the Master Swap Agreement.
Secured Property means the Premises, the Personal Property and all other rights and interests described in the Granting Clauses of this Mortgage.