Such Grantor definition

Such Grantor has no interest in any "deposit account" or any "securities account" (as each such term is defined in the UCC) other than the BMC ICC Account.
Such Grantor has no interest in any "deposit account" or any "securities account" (as each such term is defined in the UCC) other than the Accounts and the deposit accounts listed in Schedule 3.07.

Examples of Such Grantor in a sentence

Such Grantor has furnished to the Administrative Agent a certified charter, certificate of incorporation or other organization document and long-form good standing certificate as of a date which is recent to the date hereof.

Such Grantor has not given any account debtor any deduction in respect of the amount due under any such Account, except in the ordinary course of business or as such Grantor may otherwise advise the Administrative Agent in writing.

Such Grantor authorizes the Administrative Agent to attach each Pledge Amendment to this Agreement.

The rate steadily increased from 2010 to 2015 before it fell in 2016 and then dropped significantly in 2017.

Such Grantor authorizes the Collateral Agent to attach each Pledge Amendment to this Agreement.

Such Grantor will maintain a perpetual inventory reporting system at all times.

Such Grantor agrees that it will not interfere with any right, power and remedy of the Administrative Agent provided for in this Security Agreement or now or hereafter existing at law or in equity or by statute or otherwise, or the exercise or beginning of the exercise by the Administrative Agent of any one or more of such rights, powers or remedies.

Such Grantor hereby authorizes the Administrative Agent to attach each Amendment to this Security Agreement and agrees that all additional Collateral owned by it set forth in such Amendments shall be considered to be part of the Collateral.

Such Grantor (a) is the record and beneficial owner of the Collateral pledged by it hereunder constituting instruments or certificates and (b) has rights in or the power to transfer each other item of Collateral in which a Lien is granted by it hereunder, free and clear of any other Lien.

Such Grantor will keep and maintain at its own cost and expense reasonably satisfactory and complete records of its Collateral, including, without limitation, a record of all payments received and all credits granted with respect to such Collateral, and shall mark such records to evidence this Agreement and the Liens and the security interests created hereby.


More Definitions of Such Grantor

Such Grantor s chief executive office, the location of its books and records, the locations of the Collateral in which such Grantor has an interest and the locations of all of its other places of business; and (b) Schedule I hereto correctly identifies any of such facilities and locations that are not owned by such Grantor and sets forth the names of the owners and lessors or sublessors of such facilities and locations. Each Grantor covenants and agrees that it will not (i) change its jurisdiction of organization or the location of its chief executive office from the location identified in Schedule I hereto, or (ii) change its name unless it gives the Administrative Agent at least thirty (30) days' (or such lesser number of days agreed to by the Administrative Agent) prior written notice thereof and executes any and all financing statements and other documents that the Administrative Agent reasonably requests in connection therewith.

Related to Such Grantor

Grantor means each and all of the persons or entities granting a Security Interest in any Collateral for the Loan, including without limitation all Borrowers granting such a Security Interest.
Pledgor means either party, when that party (i) receives a demand for or is required to Transfer Eligible Credit Support under Paragraph 3(a) or (ii) has Transferred Eligible Credit Support under Paragraph 3(a).
Secured Party means either party, when that party (i) makes a demand for or is entitled to receive Eligible Credit Support under Paragraph 3(a) or (ii) holds or is deemed to hold Posted Credit Support.
Debtor as defined in 11 U.S.C. Section 101 or any successor statute thereto (unless, in the case of a petition filed against Lessee, the same is dismissed within sixty (60) days); (iii) the appointment of a trustee or receiver to take possession of substantially all of Lessee's assets located at the Premises or of Lessee's interest in this Lease, where possession is not restored to Lessee within thirty (30) days; or (iv) the attachment, execution or other judicial seizure of substantially all of Lessee's assets located at the Premises or of Lessee's interest in this Lease, where such seizure is not discharged within thirty (30) days; provided, however, in the event that any provision of this subparagraph (e) is contrary to any applicable law, such provision shall be of no force or effect, and not affect the validity of the remaining provisions.
Obligated Party has the meaning assigned to such term in Section 10.02.
Grantors shall have the meaning set forth in the preamble.
Loan Party means any Borrower or any Guarantor.
Security Provider means any of them.
Note Party means each of (i) the Company, (ii) Holdings, (iii) TINC, and (iv) the Collateral Grantors.
State Party means the State Party to this Agreement;
Additional Credit Party means each Person that becomes a Guarantor by execution of a Joinder Agreement in accordance with Section 5.10.
Grantors’ Agent means Reynolds Group Holdings Limited or any other person appointed as agent of the Grantors in accordance with the Principal Finance Documents.
Party means a party to this Agreement.
injured party : means any person entitled to claim compensation in respect of any loss or injury caused by a vehicle.
U.S. Loan Party means any Loan Party that is organized under the laws of one of the states of the United States of America and that is not a CFC.
Loan Guarantor means each Loan Party.
Transaction Party means the Company and each Guarantor, collectively, “Transaction Parties”.
Commodity intermediary means a person that:
Indemnitor shall have the meaning set forth in Section 10.
Where Party A pays an amount in accordance with Section 2(d)(i)(4) above, Party B undertakes as follows:
Obligated Person means any person, including the Issuer, who is either generally or through an enterprise, fund, or account of such person committed by contract or other arrangement to support payment of all, or part of the obligations on the Bonds (other than providers of municipal bond insurance, letters of credit, or other liquidity facilities), as shown on Exhibit A.
Credit Party means the Administrative Agent, the Issuing Bank, the Swingline Lender or any other Lender.
U.S. Credit Party means the U.S. Borrower and each U.S. Subsidiary Guarantor.
Certification Party Any one of the Certification Parties.
Subsidiary Grantor means a Grantor (as defined in the Security Agreement) that is a Wholly Owned Subsidiary of the Company and Pareteum Europe.
Assignor as defined in Section 10.6(c).