Examples of Separate Collateral in a sentence
Nothing herein shall require any Junior Lender to consent to, or waive its rights with respect to, any Transfer of the Premises or any interest therein (including, without limitation, the Separate Collateral).
Section 910 Separate Collateral Agents, Co-Collateral Agents and Custodians.
If a collateral account is so established, the Debtor shall promptly deliver to Xxxxx Fargo, for deposit into said collateral account, all payments on Accounts and chattel paper received by it (except for the Separate Collateral Bank Account).
Xxxx collects or receives any proceeds from the foreclosure, collection or other enforcement of any Separate Collateral that should have been applied to the payment of the Obligations in accordance with Section 5.1 hereof, whether after the commencement of an Insolvency or Liquidation Proceeding or otherwise, the Collateral Agent or such Secured Party will forthwith deliver the same to X.
Notwithstanding any such acquisition of title and cancellation of the Mezzanine A Loan, such Mezzanine A Loan shall be considered an “REO Mezzanine Loan” held by the Participation Holders until such time as the Separate Collateral (or the Mortgaged Property) shall be sold, transferred or conveyed by the Participation Holders and this Agreement shall continue in full force and effect during such ownership of the Separate Collateral.