Supplemental Collateral definition

Supplemental Collateral. With respect to any Mortgage Loan, any cash, investment security or rights to proceeds of a letter of credit or interest rate hedge, other financial contract, guaranty or other contractual arrangement, or other asset, and proceeds of any of those (other than real property and the furniture, fixtures and equipment appurtenant to such real property) that is transferred or pledged to secure the Borrower’s obligations under a Mortgage Loan.
Supplemental Collateral means Agricultural Mortgage Collateral, Commercial Real Estate Mortgage Collateral, Home Equity Line of Credit Collateral, and Junior Mortgage Collateral.
Supplemental Collateral means collateral acceptable to MLMCI in accordance with the provisions of Section 5(c) hereof.

Examples of Supplemental Collateral in a sentence

  • Each of the Primary Servicer and the Master Servicer is entitled to reimbursement of Servicing Advances made by it from collections received from the related Borrower or otherwise with respect to the related Mortgage Loan and Mortgaged Property or Supplemental Collateral, including interest on such Servicing Advances to the extent that interest on the amounts advanced is collected from the Borrower pursuant to the Mortgage Documents.

  • MALA: A multiple asset lending arrangement with one or more primary obligors (which may include Borrowers) consisting of one or more loans (which may be funded as separate advances at different times) secured by one or more Mortgages on Multifamily Properties, Defeasance Securities or Supplemental Collateral pursuant to which (i) all liens secure all outstanding loans, and (ii) a default under any such loan constitutes a default under all such loans.

  • An agreement under which Supplemental Collateral may be pledged, transferred, or otherwise provided to secure the Borrower’s obligations under a Mortgage Loan, and which may include a cash collateral agreement, achievement agreement, replacement reserve and security agreement, loan agreement, completion/repair and security agreement, or other contractual arrangement.

  • Each Servicing Contract will require that the related Primary Servicer will become obligated to the related Trust to pay to the Trustee (or as otherwise directed in this Trust Agreement) any principal and interest (to the extent of the Pass-Through Rate) received from or paid on behalf of a Borrower or otherwise realized on a Mortgage Loan, Mortgaged Property, Defeasance Securities or Supplemental Collateral.


More Definitions of Supplemental Collateral

Supplemental Collateral means the assets listed in Schedule 4.02(i).
Supplemental Collateral means any security issued in connection with an asset-backed securitization originated by TFC or any of its Subsidiaries acceptable to Lender in accordance with the provisions of Section 5 hereof.
Supplemental Collateral shall have the meaning ascribed to such term in Section 2.1 hereof
Supplemental Collateral except for such portions of the Supplemental Collateral which (i) are located in the State of Texas or in offshore waters adjacent to the State of Texas and subject to the laws of the State of Texas and (ii) constitute interests in or to real property under the law of the State of Texas, which are collectively called the "DT SUPPLEMENTAL COLLATERAL":
Supplemental Collateral means (but only to the extent the following elements of the Supplemental Collateral relate to or arise out of or in connection with the sale, lease, conveyance, transfer or disposition of any right, title or interest in, to or under the Product, the Product Intellectual Property or the License Agreement in the Territory) all right, title and interest of Borrower in, to and under any and all of the following, whether now existing or hereafter existing or acquired from time to time, in the Territory: (a) all Accounts, Chattel Paper, Contract Rights, Contracts, Commercial Tort Claims, Deposit Accounts, Documents, General Intangibles, Instruments, monies, Payment Intangibles, Promissory Notes and Receivables, relating to, arising out of or in connection with any sale, lease, conveyance, transfer or disposition of any right, title or interest in, to or under the Product, the Product Intellectual Property or the License Agreement; (b) all regulatory applications, filings or similar items related to the Product, including without limitation the NDA for the Product and all supplements, records, and reports that are required to be maintained under applicable FDA regulations and all related correspondence to and from the FDA, and all clinical data related to any such regulatory applications, filings or similar items; (c) all books, records, computer information, files, documents, data or other materials related to or arising out of or in connection with any and all of the foregoing; and (d) all Proceeds of any and all of the foregoing; provided, however, that the Supplemental Collateral shall not include the Product Intellectual Property or the License Agreement themselves; provided, further, that the Supplemental Collateral shall not include Proceeds derived from or in connection with the sale, lease, conveyance, transfer or disposition of any right, title or interest in Intellectual Property of Borrower to the extent, and only to the extent, that such Proceeds relate to the sale, lease, conveyance, transfer or disposition of any right, title or interest in products other than the Product. For the avoidance of doubt, the Supplemental Collateral shall not include any payment rights or proceeds to which Borrower is entitled under any third party licensing agreements involving the Product, the Product Intellectual Property or the License Agreement (each a “Product Licensing Agreement”); provided, however, that the Supplemental Collateral shall include the proceeds of ...
Supplemental Collateral means a parcel of real property consisting of .5 acres, more or less, as more specifically described in Exhibit C, attached hereto and incorporated herein by reference.
Supplemental Collateral means all of the personal property of the Borrower other than the Inventory Collateral, including without limitation all accounts, all general intangibles (including, without limitation, all intellectual property), all goods (excepting the Inventory Collateral and including, without limitation, equipment and fixtures), all chattel paper (including, without limitation, all tangible and electronic chattel paper), all instruments (including, without limitation, all promissory notes), all documents, all deposit accounts, all letters of credit and banker's acceptances (and all similar instruments), all letter-of-credit rights, all supporting obligations, all present and future rights and remedies in respect of accounts and other collateral hereunder, all investment property (including, without limitation, securities, whether or not certificated, securities accounts, commodity contracts or commodity accounts), all monies, all commercial tort claims, all records, and all products and proceeds of the foregoing; it being understood that terms of art used in this definition of Supplemental Collateral shall have the meanings ascribed to them in the UCC." and