Transferred Collateral means any Eligible Collateral transferred or purported to be transferred to the CBC pursuant to the Guarantee Support Agreement, to the extent not redeemed, retransferred, sold or otherwise disposed, or agreed to be disposed, of by the CBC.
Transferred Collateral. Defined in Section 2.1(a).
Transferred Collateral means securities of Issuer owned by Borrower free and clear, pledged to the Lender as security for the Loan. For avoidance of doubt, all associated rights and titles remain with the borrower until and event of default.
Examples of Transferred Collateral in a sentence
This Agreement constitutes a valid Term Loan between the Parties, and the Lender will hold and be entitled to a first priority Lien and security interest in the Transferred Collateral over any other party or creditor, and there are no defenses or offsets to the Borrowers obligations to others pursuant to this Agreement or any other Loan Document.
In case there is an Event of Default, Borrower shall not have equity of redemption or right to redeem the Transferred Collateral and no incurable Event of Default shall be construed as a clog on equity of redemption and Lenders right to forfeiture of the Collateral will xxxxx and supersede any right of redemption.
More Definitions of Transferred Collateral
Transferred Collateral means any Eligible Collateral transferred or purported to be transferred to the CBC pursuant to the Guarantee Support Agreement, to the extent not retransferred, sold or otherwise disposed, or agreed to be disposed, of by the CBC.
Transferred Collateral means a Security provided as Collateral under a principal agreement by way of transfer.
Transferred Collateral means (i) the Securities Collateral, (ii) all distributions on and other proceeds of the Collateral that have been or may be received by Lehman entities or a servicer, trustee, agent or other person acting in a similar capacity with respect to a security or instrumentconstituting Collateral and not remitted to any JPMC Entity, or (iii) all distributions and other proceeds of the Collateral received by a JPMC Entity and remitted to a Lehman entity, including, without limitation, any amounts remitted by JPMC Entities pursuant to Paragraph 3(e) and (f) above. (b) The Debtors shall condition their requests for relief with respect to any and all matters that may give rise to a Recovered Payment, Debtor Paid Claim Disallowed Amount or Debtor Paid Claim Unsecured Amount to provide that (i) no JPMC Entity shall be required to pay, repay or otherwise disgorge such Recovered Payment, Debtor Paid Claim Disallowed Amount or Debtor Paid Claim Unsecured Amount to the Debtors, except at such time and to such extent as may be required by the following provisions of this Paragraph 6(b), and (ii) Bankruptcy Code §§ 502(d), 541 and 542 (and any other provisions that would otherwise require the turnover of such amounts or impose adverse consequences for failing to turnover such amounts) shall not apply with respect to any failure on the part of any JPMC Entity to pay, repay or otherwise disgorge a Recovered Payment, Debtor Paid Claim Disallowed Amount or Debtor Paid Claim Unsecured Amount to the Debtors before the date, if any, that JPMC is required to do so pursuant to the following provisions of this Paragraph 6(b). In the event that any court order or judgment is inconsistent with the foregoing, the Debtors shall not enforce it to the extent of such inconsistency, and will cooperate with any efforts by the affected JPMC Entities to obtain a modification or correction to remove the inconsistency. Notwithstanding anything to the contrary in the foregoing, the parties hereto agree that neither a JPMC Entity nor a Lehman entity is waiving any right to receive pre-judgment interest that may be available under applicable law. Within five business days after all Binding Determinations necessary to make a final determination of the amount of all Allowed Unpaid Secured Claims and Disgorgement Amounts with respect to any Debtor have occurred, which shall occur only after resolution by Binding Determination of all asserted and potential actions, proceedings and challenges with respec...
Transferred Collateral has the meaning set forth in the preamble.
Transferred Collateral means all of the Specified Collateral other than the Excluded Collateral. For the avoidance of doubt, any amounts recovered from any third party with respect to unpaid 2021 Connecticut state income taxes shall be deemed Transferred Collateral.
Transferred Collateral means Collateral delivered to the Collateral Agent pursuant to Section 2 hereof.
Transferred Collateral means all Collateral not constituting Excluded Assets.