Security Collateral definition

Security Collateral with respect to any Granting Party, means, collectively, the Collateral (if any) and the Pledged Collateral (if any) of such Granting Party.

Security Collateral has the meaning specified in Section 2.01(a).

Security Collateral has the meaning set forth in Section 5.01(a).

Examples of Security Collateral in a sentence

• All powers, authorizations and agencies contained in this Agreement are coupled with an interest and are irrevocable as to the relevant Granting Party until this Agreement is terminated as to such Granting Party, and the security interests in the Security Collateral of such Granting Party created hereby are released.

• The powers conferred on the Collateral Agent and the other Secured Parties hereunder are solely to protect the Collateral Agent’s and the other Secured Parties’ interests in the Security Collateral and shall not impose any duty upon the Collateral Agent or any other Secured Party to exercise any such powers.

• The Collateral Agent’s sole duty with respect to the custody, safekeeping and physical preservation of the Security Collateral in its possession, under Section 9-207 of the Code or otherwise, shall be to deal with it in the same manner as the Collateral Agent deals with similar property for its own account.

• Pursuant to any applicable law, each Granting Party authorizes the Collateral Agent to file or record financing statements and other filing or recording documents or instruments with respect to such Granting Party’s Security Collateral without the signature of such Granting Party in such form and in such filing offices as the Collateral Agent reasonably determines appropriate to perfect the security interests of the Collateral Agent under this Agreement.

• In addition, the Collateral Agent shall have the right at any time to exchange certificates or instruments representing or evidencing Security Collateral for certificates or instruments of smaller or larger denominations.

More Definitions of Security Collateral

Security Collateral has the meaning specified in Section 9.01(e).

Security Collateral means:

Security Collateral with respect to any Grantor, means, collectively, the Collateral (if any) and the Pledged Collateral (if any) of such Grantor.

Security Collateral means the properties and ownership rights described in Clause 11 of the Sanction Letter, together with all the Mortgagor’s/Guarantor’s rights, interests and titles on and to the same.

Security Collateral as defined in Section 3.

Security Collateral means, collectively, the following:

Security Collateral has the meaning assigned to such term in Section 4(b).