Secured Property definition
Examples of Secured Property in a sentence
Carry on any business other than the business carried on by it on the date hereof, which for greater certainty, is the acquisition, ownership, operation and management of the Secured Property and other properties located in Canada.
The Borrowers shall maintain, or cause to be maintained adequate books, accounts and records in relation to each Secured Property.
Defend its title to each Secured Property and every part thereof reasonably necessary against the claims of all persons whomsoever and do, observe and perform all of its obligations and all things necessary or expedient to be done, observed or performed by virtue of any Applicable Law for the purpose of creating, maintaining and keeping maintained such Security constituted by the Loan Documents as valid and effective security with the priority required hereunder.
Securitize any rights to receive payment under any of the Material Agreements or in respect to any accounts receivable originating from any of the Secured Property.
The ownership structure set out in Schedule 9.01(14) accurately reflects the organizational and ownership structure of each Credit Party and each Secured Property.