Collateral Arrangements Clause Samples

The 'Collateral Arrangements' clause defines the terms under which one party provides assets or security to another party to secure obligations under an agreement. This typically involves specifying the types of acceptable collateral, the process for delivering and returning collateral, and the rights of each party in relation to the collateral, such as the ability to use or substitute it. The core function of this clause is to mitigate credit risk by ensuring that the secured party has recourse to specific assets if the other party defaults on its obligations.
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Collateral Arrangements. Section 10.01.
Collateral Arrangements. Counterparty shall (at Enron’s request) from time to time and at Enron’s option either: (i) within one Business Day of such request by Enron, provide to Enron a letter of credit in respect of Counterparty's obligations under any Transaction, in such form and for such amount and from such issuer, as is acceptable to Enron in its absolute discretion; or (ii) within such period as is specified by Enron, provide for the benefit of Enron a guaranty from a party, in such form and for such amount as is acceptable to Enron in its absolute discretion. Failure so to provide such letter of credit or guaranty or any default under such letter of credit or guaranty shall constitute a default hereunder giving rise to the immediate right of termination by Enron under this GTC.
Collateral Arrangements. The Senior Notes are secured by all of the Collateral (as defined below), as set forth in the Senior Notes Indenture, pursuant to the Collateral Documents (as defined below). The Senior Subordinated PIK Notes and each of the Junior Notes are not and will not be secured by any collateral.
Collateral Arrangements. Counterparty shall (at Enron's request) either: (i) within one (1) Business Day of such request by Enron, provide to Enron a letter of credit in respect of Counterparty's obligations under any Transaction, in such form and for such amount and from such issuer, as is acceptable to Enron in its absolute discretion; or (ii) within such period as is specified by Enron, provide for the benefit of Enron a parent company guarantee in such form and for such amount as is acceptable to Enron in its absolute discretion. Failure to provide such letter of credit or parent company guaranty shall constitute a default hereunder, giving rise to the immediate right of termination by Enron under these Terms.
Collateral Arrangements. The Senior Notes are secured by all of the Collateral (as defined below), as set forth in the Senior Notes Indenture, pursuant to the Collateral Documents (as defined below). The Subordinated Note Claims are secured by a portion of the Collateral pursuant to the Dry Creek Security Agreement.
Collateral Arrangements. Counterparty shall (at ENA’s request) either: (i) within one Business Day of such request by ENA, provide to ENA a letter of credit in respect of Counterparty's obligations under any Transaction, in such form and for such amount and from such issuer, as is acceptable to ENA in its absolute discretion; or (ii) within such period as is specified by ENA, provide for the benefit of ENA a parent company guarantee in such form and for such amount as is acceptable to ENA in its absolute discretion. Failure so to provide such letter of credit or parent company guaranty shall constitute a default hereunder giving rise to the immediate right of termination by ENA under this GTC.
Collateral Arrangements. The Lessee chooses to provide the following collaterals under the present Contract: Promissory Note: NO/Yes, No. … Jointly and Severally Liable Co-Debtor: NO/Yes, ………. (name of warrantor), PIN ….., ID card No. , permanent address ….., present address ….., e-mail ,
Collateral Arrangements. The Lessee, at his/her own discretion and willing, has offered and agreed to provide the following collaterals under the present Contract: Promissory note NO/YES, Co-debtor full names, PIN, ID card №, permanent address, present address, electronic mail: .
Collateral Arrangements. The First Mortgage Notes are secured by all of the Collateral, as set forth in the Indenture, pursuant to the Collateral Documents. The Subordinated Note is not and will not be secured by any collateral other than as permitted under SECTION 3.6.
Collateral Arrangements. Each of Lenders irrevocably authorizes the Administrative Agent, for and on behalf of the Secured Parties, to be the representative of the Secured Parties in connection with, and to enter into on behalf of the Secured Parties (i) the Intercreditor Agreement, (ii) upon the request of CAI with reasonable advance notice to the Administrative Agent and so long as no Default or Event of Default exists, any collateral agency arrangements (including any agreements, certificates, documents and instruments relating thereto or to the transactions contemplated thereby) with a collateral agent or collateral trustee and the issuer(s) of any Indebtedness (and holders of Liens in respect thereof) permitted hereunder for the purposes of, among other things, administering the Liens held for the benefit of the Secured Parties in the Collateral, such collateral agency arrangements and related documentation to be in form and substance satisfactory to the Administrative Agent, and (iii) amendments to any agreements entered into pursuant to clauses (i) and (ii) above, in such form as the Administrative Agent deems appropriate. Upon the reasonable request of CAI, the Administrative shall cooperate in good faith with CAI in its efforts to coordinate the intercreditor and collateral agency arrangements described above. Upon request by the Administrative Agent at any time, the Lenders will confirm in writing the Administrative Agent’s authority pursuant to this § 14.14 to enter into the transactions contemplated by the first sentence of this § 14.14 and any and all agreements, documents and instruments relating thereto.