Collateral Defined Sample Clauses
The 'Collateral Defined' clause establishes what assets or property are considered collateral under the agreement. It typically lists or describes the specific items, accounts, or rights that the borrower pledges to secure the obligations, such as real estate, equipment, inventory, or receivables. By clearly identifying the collateral, this clause ensures both parties understand what is at stake in the event of default, thereby reducing ambiguity and protecting the lender’s interests.
Collateral Defined. As used in this Agreement, the term “Collateral” means, collectively, wherever located, whether now owned or hereafter acquired or now existing or hereafter acquired or created, all right, title and interest of the Company in and to all of its assets, including, without limitation: (i) accounts, chattel paper, deposit accounts, documents, general intangibles (including, but not limited to intellectual property, payment intangibles, software, licenses, franchises and customer information), goods (including, but not limited to equipment, fixtures and inventory), instruments, investment property, letter-of-credit rights, money, other personal property, software, any commercial tort claims; (ii) to the extent not referred to in clause (i) of this sentence, all (A) supporting obligations and incidental property rights incident to, arising or accruing pursuant to or otherwise relating to any of the things referred to in clause (i) of this sentence, whether arising or accruing from any action taken by the Company or the Collateral Agent or otherwise, (B) proceeds of any of the items referred to in clauses (i) and (ii)(A) of this sentence and (C) books and records relating to any of the items referred to in clauses (i) and (ii)(A) and (B) of this sentence.
Collateral Defined. As used in this Agreement, the term “Collateral” means, collectively, any and all of the Company’s accounts receivable and equipment, whether now owned by the Company or hereafter acquired, and all proceeds thereof.
Collateral Defined. The Equipment, the Accounts, the Inventory, Intellectual Property Collateral, the General Intangibles, the Equity Interests, the Instruments and all of the other property described above are herein sometimes collectively called the "Collateral."
Collateral Defined. As used in this Agreement, the term ------------------ "Collateral" means, collectively, the assets described in Exhibit A attached --------- hereto that are located at the place(s) set forth in Exhibit B (the "Collateral --------- Location(s)"), as applicable, and all proceeds thereof.
Collateral Defined. As used in this Agreement: the term -------------------- "Collateral" means (i) _____________ shares of Company common stock held by Mr. Larry Wilcox represented by ▇▇▇▇▇▇▇▇▇▇▇ No. _____________ (which shall be delivered to Secured Party upon execution of this Agreement), (ii) those stock certificates listed on Exhibit "B" which identify and constitute 100% of the Company's ownership in its subsidiaries and (iii) all of the assets of the Company and the entities described and identified on Exhibit A attached hereto wherever located including without limitation, and all proceeds thereof.
Collateral Defined. The CITY shall accept only the following types of collateral: • Obligations of the United States or its agencies and instrumentalities; • Direct obligations of the state of Texas or its agencies and instrumentalities; • Collateralized mortgage obligations directly issued by a federal agency or instrumentality of the United States, the underlying security for which is guaranteed by an agency or instrumentality of the United States; • Obligations of states, agencies, counties, cities, and other political subdivisions of any state rated as to investment quality by a nationally recognized rating firm not less than A or its equivalent with a remaining maturity of ten (10) years or less; • A surety bond issued by an insurance company rated as to investment quality by a nationally recognized rating firm not less than A, or its equivalent; and • A letter of credit issued to the CITY by the Federal Home Loan Bank.
Collateral Defined. The term "Company Collateral" means, collectively, whether or not covered by Article 9 of the Uniform Commercial Code, any and all of the assets, properties, goods, inventory, equipment, furniture, fixtures, leases, supplies, records, money, deposit accounts, Capital Stock of Subsidiaries of the Company, documents, instruments, chattel paper, accounts, contract rights, investment property, financial assets, intellectual property rights (including, but not limited to, copyrights, copyright applications, moral rights, patents, patent applications, trademarks, service marks, trade names and trade secrets) and other general intangibles, of the Company, whether owned by the Company on the date of this Agreement or hereafter acquired, and all products and proceeds thereof. Notwithstanding the foregoing provisions of this Section 10.1(b), such grant of security interest
Collateral Defined. For purposes of this Note, “Collateral” means and is limited to the following: (i) the Purchased Assets associated with the Producer Business (the “Producer Assets”) and (ii) any proceeds (including insurance proceeds) from the sale, destruction, loss, or other disposition of the Producer Assets.
Collateral Defined. The term "Collateral" for each Borrower is defined in Exhibit "A" attached hereto and incorporated herein by this reference and elsewhere in this Agreement.
Collateral Defined. As used in this Agreement, the term "COLLATERAL" means, collectively, any and all of the assets, properties, goods, inventory, equipment, furniture, fixtures, leases, supplies, records, money, documents, instruments, chattel paper, accounts, intellectual property rights (including but not limited to, copyrights, moral rights, patents, patent applications, trademarks, service marks, trade names, trade secrets and other general intangibles), whether owned by Borrower on the Effective Date or hereafter acquired, and all proceeds, returns, repossessions, substitutions, exchanges and accessions thereof, except for the equipment subject to certain equipment leases as set forth on EXHIBIT A attached hereto, except as provided in Section 4 of the Debenture or except as may be permitted by Lender.