Special Collateral definition

Special Collateral shall have the meaning ascribed to it in Section 4.3.
Special Collateral means that portion of the Collateral evidenced by Chattel Paper, Instruments or Documents.
Special Collateral has the meaning set forth in the Collateral Agency Agreement.

Examples of Special Collateral in a sentence

  • Clients who have a Special Settlement Account (CEL) open may carry out daily via Extranet back office transactions related to the movement of Trust Collateral deposited in the FEGCEL (CEL Special Collateral Fund) , such as:• Collateral payment reports• Collateral withdrawal requests• Cash collateral transfers from their CIM account to their CCL accountAll the other transactions related to movements in the CCL account shall be ordered by the ALyC.

  • ICG hereby warrants to Xxxxxxx Xxxxx that this notice is lawful and authorized by the Security Agreement (Special Collateral Account) among ICG, ICG Holdings, ICLP and the Administrative Agent.

  • The Borrower hereby grants the Lender a security interest in the Special Collateral Account and in all amounts now or hereafter in the Special Collateral Account to secure payment of all obligations now or hereafter owing by the Borrower to the Lender.

  • Beginning in April 1996, cash-secured Bond-Lending Transactions were initiated (☞② ).Cash-secured Bond-Lending Transactions have actively been made for GC transactions and SC (Special Collateral) transactions to procure cash bonds required for unwinding short positions on bonds.

  • Following the occurrence of an Event of Default, amounts in the Special Collateral Account may be applied by the Lender at any time or from time to time to the obligations now or hereafter owing by the Borrower to the Lender in such order of application as the Lender shall determine in its sole discretion.


More Definitions of Special Collateral

Special Collateral any Collateral which is evidenced by or consists of any chattel paper, letters of credit, instrument, certificate or document, including, without limitation, promissory notes, documents of title, securities and warehouse receipts.
Special Collateral shall have the meaning ascribed to it in Section 5.3 of this Agreement.
Special Collateral. As defined in Section 5.2.
Special Collateral shall have the meaning ascribed to it in Section 6.3.
Special Collateral shall have the meaning ascribed to it in Section 5.3. 1. 77. "SPECIAL DEPOSIT ACCOUNT" shall have the meaning ascribed to it in Section 4.3.
Special Collateral means all of the Bank's security interests in and rights of recourse of any kind against (i) any Trust Units now or hereafter held by Borrower and (ii) any brokerage account in which any Trust Units of Borrower are held (including the Permanent Brokerage Account and the Pass Through Brokerage Account) and (iii) any proceeds or products of any assets described in items (i) and (ii) of this definition.
Special Collateral has the meaning specified in Subsection 4.5(e) hereof.