Eligible Collateral

Eligible Collateral. Shall mean grain and oil seed inventories owed by the Borrower pursuant to transactions entered into under Borrower's Commodities Sales/Repurchase Program as represented in the Borrowing Base Report, together with all related contracts and accounts. The meaning of "Eligible Collateral" shall include the descriptive terms used to define the meaning of "Eligible Commodities" in the Master Sale/Repurchase Agreement as approved by Deere.

Eligible Collateral. Means: (i) DSW Class B Common Shares; (ii) DSW Class A Common Shares; (iii) from and after any Adjustment Event or Reorganization Event, Marketable Securities, Cash Equivalents or any other Exchange Property; and (iv) any cash and/or U.S. treasury securities delivered pursuant to Section 5(i), provided, in each case, that (A) the Pledgor has good and marketable title thereto, free of all Liens (other than the Liens created by this Agreement) and Transfer... Restrictions (except for the Permitted Transfer Restrictions) and (B) the Collateral Agent has a valid, first priority, perfected security interest therein and first lien thereon and Control with respect thereto. View More

Eligible Collateral. Shall mean the amount of Collateral which has an aggregate fair market value equal to the amount by which the Pledgor is in default or such lesser amount of Collateral as may be required pursuant to Section 13 of this Pledge Agreement.

Eligible Collateral. As of any date, Collateral (a) which is in the name of Bank and contained in the Account, (b) in which Bank has a perfected security interest hereunder subject to no prior or equal Lien, and (c) constituting Cash or Cash Equivalents.