Stock Collateral definition

Stock Collateral means, collectively, the Collateral described in clauses (a) through (c) of Section 3 hereof and the proceeds of and to any such property and, to the extent related to any such property or such proceeds, all books, correspondence, credit files, records, invoices and other papers.

Stock Collateral means the Pledged Stock and all Proceeds therefrom.

Stock Collateral shall have the meaning assigned to that term in Section 2.01(a).

Examples of Stock Collateral in a sentence

• The Agent's prior recourse to any part or all of the Stock Collateral shall not constitute a condition of any demand, suit or proceeding for payment or collection of any of the Obligations.

• The interests assigned as Stock Collateral are subject to no outstanding options, voting trusts, shareholders agreement, or other requirements with respect to such interests.

• The Agent may buy any part or all of the Stock Collateral at any public sale and if any part or all of the Stock Collateral is of a type customarily sold in a recognized market or is of the type which is the subject of widely-distributed standard price quotations, the Agent may buy at private sale and may make payments thereof by any means.

• The Pledgor has good and marketable title to the Stock Collateral.

• Upon verifying the availability of excess securities collateral in its CCMS Collateral Account, the SEOCH Participant may withdraw securities held in its CCMS Collateral Account by inputting a transfer instruction via a CCASS terminal to transfer securities from the SEOCH Participant’s CCMS Collateral Account to one of the Stock Accounts in CCASS maintained by that SEOCH Participant or the CCASS GCP, where applicable, other than the Stock Collateral Control Account.

More Definitions of Stock Collateral

Stock Collateral has the meaning assigned to such term in Section 3(k)(ii).

Stock Collateral has the meaning set forth in Section 3(c).

Stock Collateral means, collectively, the Collateral described in clauses (a) through (c) of Section 4 hereof and the proceeds of and to any such property and, to the extent related to any such property or such proceeds, all books, correspondence, credit files, records, invoices and other papers.

Stock Collateral means, collectively, the Pledged Stock, together with all other certificates, shares, securities, instruments, moneys, or other property as may from time to time be pledged hereunder pursuant to Section 3(b) hereof and the proceeds of and to any such property and, to the extent related to any such property or such proceeds, all books, correspondence, credit files, records, invoices and other papers.

Stock Collateral shall have the meaning provided in Section 10.15(d).

Stock Collateral shall have the meaning assigned to such term in Section 2(c) hereof.

Stock Collateral means the common stock of or membership interests or other equity ownership interests in the Receivables Seller upon which a Bank Interest is granted or purported to be granted by the Borrower or any other owner thereof to the Banks or the Banks' Agent under any of the Loan Documents.