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 property the subject of a security.

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.

More Definitions of 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—

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 all of the assets of the Obligors which from time to time are the subject of the Transaction Security.

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 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.