Example ContractsClausesCollateral Description
Collateral Description
Collateral Description contract clause examples

Description. This Plan is the means by which the Committee (as defined below) shall determine and implement incentive awards for participating employees hereunder.

Description. This Plan is intended to be a welfare benefit plan within the meaning of Section 3(1) of ERISA and DOL Reg. [Sec. 2510.3-2(b)])] and a top-hat welfare benefit plan within the meaning of [Sec. 2520.104-24]4].

The Company will provide the Supplier with a Total Body Photography system, which shall be installed on Supplier computers and with photography equipment, and it will instruct the Supplier's employees on use of the system and photography.

The Financing Statement shall contain a description of collateral consistent with the description set forth herein and shall not describe the collateral as "all assets" or "all personal property."

Section # Further Description of the Collateral. [Schedule A] attached hereto contains a description of the 20​-​ Leases.

Service Provider shall provide to Service Recipient’s customers limousine transportation services. Melco Crown [[Unknown Identifier]] Parties may only be a Service Recipient of the Services under this Section 2.1.

This incentive is provided by the grant of Restricted Stock Units ("RSU") which give the Plan participant the right, subject to the terms and conditions herein:

Description of Facility. [[Organization B:Organization]] grant to the Borrowers a revolving credit facility pursuant to which, and upon the terms and subject to the conditions herein set forth:

Description of Premises. Effective as of the Expansion Date, [Exhibit B] attached to the Lease is deleted in its entirety and is replaced with the new [Exhibit B] attached to this Amendment.

Collateral. Borrower has good title to, rights in, and the power to transfer each item of the Collateral upon which it purports to grant a Lien hereunder, free and clear of any and all Liens except Permitted Liens. Borrower has no Collateral Accounts at or with any bank or financial institution other than Bank or Bank’s Affiliates except for the Collateral Accounts described in the Perfection Certificate delivered to Bank in connection herewith and which Borrower has taken such actions as are necessary to give Bank a perfected security interest therein, to the extent required by and pursuant to the terms of [Section 6.6(b)]. The Accounts are bona fide, existing obligations of the Account Debtors.

Next results

Draft better contracts
faster with AllDrafts

AllDrafts is a cloud-based editor designed specifically for contracts. With automatic formatting, a massive clause library, smart redaction, and insanely easy templates, it’s a welcome change from Word.

And AllDrafts generates clean Word and PDF files from any draft.