Secured Property means the assets that are the subject of the security constituted by the Security Documents.
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—
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.
Examples of Secured Property in a sentence
Insofar as the Secured Property comprises Insurance Proceeds, the security interest created by this PFMA shall take effect as a transfer (as “transfer” is used in the PPSA).
FSL may register a financing statement (including a financing change statement) in respect of its security interests in the Secured Property.
The assignment of Secured Property to FSL will be effective immediately upon the entry into a Loan Agreement without the need for any further notice or agreement between FSL and the Borrower.
More Definitions of Secured Property
Secured Property means property the subject of a security.
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 asset of an Obligor which is subject to the Security created or expressed to be created pursuant to the Security Documents from time to time.
Secured Property means all Personal Property and Other Property.
Secured Property means in respect of Commodity Securities of any class, all rights ofthe Issuer under the corresponding Facility Agreement(s), Commodity Contracts, any Guarantee, Security Agreement(s) and Control Agreement(s), to the extent that they apply to payments due in respect of Commodity Securities of that class, or any part thereof, and all rights of the Issuer to the Collateral, and which are subject to the security created in favour of the Trustee pursuant to the Security Deed as it applies in respect of such class
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.