U.S. Security Agreement definition: Copy, customize, and use instantly
Introduction
The term "U.S. Security Agreement" refers to a legal agreement between a borrower and a lender in which the borrower grants a security interest in specific assets to secure the performance of an obligation, typically a loan. This agreement is governed by U.S. law and ensures that the lender has a claim on the pledged collateral in case of default. The U.S. Security Agreement is commonly used in various financing transactions, including real estate, personal property, equipment loans, and corporate financing. It plays a vital role in clarifying the lender's rights and protecting their interests in securing the loan or obligation.
Below are various examples of how the term "U.S. Security Agreement" can be defined in different contexts. Copy the one that fits your needs, customize it, and use it in your contract.
Definition of "U.S. Security Agreement" as a standard agreement
This definition ties the "U.S. Security Agreement" to its common use in financial transactions, specifying the security interests granted.
"U.S. Security Agreement" means a security agreement governed by the laws of the United States, granting a security interest in collateral to secure the obligations under a loan agreement.
Definition of "U.S. Security Agreement" as related to real property
This definition connects the "U.S. Security Agreement" to real property and its use in securing real estate transactions.
"U.S. Security Agreement" refers to an agreement in which a borrower pledges real property located in the United States as collateral for a loan.
Definition of "U.S. Security Agreement" as it applies to personal property
This definition links the "U.S. Security Agreement" to personal property, highlighting its role in personal asset-backed financing.
"U.S. Security Agreement" means an agreement where a debtor grants a security interest in personal property located in the United States as collateral for a loan or other obligation.
Definition of "U.S. Security Agreement" in cross-border transactions
This definition applies the "U.S. Security Agreement" to cross-border lending situations, where U.S. laws govern the security interest.
"U.S. Security Agreement" refers to a security agreement executed under U.S. law that governs the creation and enforcement of a security interest in assets within or outside the United States.
Definition of "U.S. Security Agreement" involving intellectual property
This definition ties the "U.S. Security Agreement" to intellectual property as collateral, clarifying its role in IP-backed financing.
"U.S. Security Agreement" means an agreement in which a U.S. borrower grants a security interest in intellectual property, such as patents, trademarks, or copyrights, as collateral for a loan.
Definition of "U.S. Security Agreement" for secured loans
This definition links the "U.S. Security Agreement" to its primary function of securing loans.
"U.S. Security Agreement" refers to a legal document used to pledge assets as collateral to secure a loan or other financial obligation under U.S. law.
Definition of "U.S. Security Agreement" for equipment financing
This definition connects the "U.S. Security Agreement" to the financing of equipment.
"U.S. Security Agreement" means an agreement under which the borrower pledges equipment as collateral for a loan or lease arrangement.
Definition of "U.S. Security Agreement" with a priority lien
This definition clarifies the U.S. Security Agreement's role when a priority lien is granted on the collateral.
"U.S. Security Agreement" refers to an agreement in which a secured party obtains a priority lien on specific assets of the borrower, ensuring payment of the secured obligation.
Definition of "U.S. Security Agreement" in asset-based lending
This definition ties the "U.S. Security Agreement" to asset-based lending practices.
"U.S. Security Agreement" means a contract used in asset-based lending where a borrower secures financing by pledging specific assets as collateral.
Definition of "U.S. Security Agreement" with personal guarantees
This definition applies the "U.S. Security Agreement" to scenarios involving personal guarantees.
"U.S. Security Agreement" refers to an agreement in which the borrower’s personal assets are pledged, and personal guarantees are provided by individuals to secure the loan.
Definition of "U.S. Security Agreement" in a corporate setting
This definition connects the "U.S. Security Agreement" to corporate borrowings and obligations.
"U.S. Security Agreement" means a security agreement executed by a corporation in the United States to pledge corporate assets as collateral for a financing agreement.
Definition of "U.S. Security Agreement" with a floating charge
This definition links the "U.S. Security Agreement" to floating charges, used in certain financial structures.
"U.S. Security Agreement" refers to an agreement that grants a floating charge over the debtor’s assets, which remains in place until the debt is repaid or the assets are disposed of.
Definition of "U.S. Security Agreement" as a pledge of receivables
This definition applies the "U.S. Security Agreement" to receivables, emphasizing the role of accounts receivable as collateral.
"U.S. Security Agreement" refers to an agreement in which a borrower pledges accounts receivable or other intangible assets as security for a loan or obligation.
Definition of "U.S. Security Agreement" for subordinated debt
This definition clarifies the "U.S. Security Agreement" in the context of subordinated debt arrangements.
"U.S. Security Agreement" means an agreement executed in connection with a subordinated debt transaction, where the collateral is pledged to secure obligations that rank below senior debt.
Definition of "U.S. Security Agreement" in a bankruptcy context
This definition connects the "U.S. Security Agreement" to bankruptcy proceedings, describing its role in bankruptcy protection.
"U.S. Security Agreement" refers to a security agreement used in bankruptcy proceedings to ensure the protection of the secured party's interests during a debtor’s reorganization or liquidation.
Definition of "U.S. Security Agreement" involving commercial loans
This definition ties the "U.S. Security Agreement" to commercial loans, often used by businesses.
"U.S. Security Agreement" means an agreement used to secure a commercial loan, where business assets, such as inventory or equipment, are pledged as collateral.
Definition of "U.S. Security Agreement" in the context of public debt
This definition links the "U.S. Security Agreement" to public debt markets, such as bonds and other debt instruments.
"U.S. Security Agreement" refers to an agreement in which public debt instruments are secured by specific assets in accordance with U.S. law.
Definition of "U.S. Security Agreement" for refinancing arrangements
This definition applies the "U.S. Security Agreement" to refinancing scenarios, where previous debts are secured again.
"U.S. Security Agreement" means an agreement executed to secure new loans or credit in the process of refinancing existing debt obligations.
Definition of "U.S. Security Agreement" in syndicated loans
This definition ties the "U.S. Security Agreement" to syndicated loan arrangements involving multiple lenders.
"U.S. Security Agreement" refers to a security agreement executed in connection with a syndicated loan, where a group of lenders jointly holds a security interest in the borrower’s assets.
Definition of "U.S. Security Agreement" involving U.S. subsidiaries
This definition connects the "U.S. Security Agreement" to subsidiary guarantees and collateral.
"U.S. Security Agreement" means an agreement in which a U.S. subsidiary of a corporation pledges assets as collateral for its parent company’s financing obligations.
Definition of "U.S. Security Agreement" with a default provision
This definition includes provisions related to default, outlining the consequences in the event of borrower default.
"U.S. Security Agreement" refers to a legal agreement that specifies the actions to be taken in the event of default, including the lender's right to seize collateral.
Definition of "U.S. Security Agreement" in relation to equity interests
This definition links the "U.S. Security Agreement" to equity interests held by the borrower.
"U.S. Security Agreement" means an agreement where the borrower pledges equity interests in a company as collateral for financing or credit obligations.
Definition of "U.S. Security Agreement" for cash collateral
This definition connects the "U.S. Security Agreement" to cash collateral, often used for securing short-term loans.
"U.S. Security Agreement" refers to an agreement where a borrower pledges cash or cash equivalents as collateral for a loan or credit facility.
Definition of "U.S. Security Agreement" in a merger transaction
This definition ties the "U.S. Security Agreement" to the assets pledged during a merger or acquisition.
"U.S. Security Agreement" means a security agreement used in a merger or acquisition transaction where the acquiring company pledges assets to secure the purchase price.
Definition of "U.S. Security Agreement" for cross-collateralization
This definition connects the "U.S. Security Agreement" to cross-collateralization of multiple loans or obligations.
"U.S. Security Agreement" refers to an agreement that cross-collateralizes multiple loans or obligations, allowing the lender to claim various assets in the event of default.
Definition of "U.S. Security Agreement" for revolving credit
This definition links the "U.S. Security Agreement" to revolving credit arrangements.
"U.S. Security Agreement" means an agreement used in revolving credit facilities where the borrower pledges assets as collateral for a revolving line of credit.
Definition of "U.S. Security Agreement" in a leveraged buyout
This definition ties the "U.S. Security Agreement" to leveraged buyouts, commonly used to secure financing for acquisitions.
"U.S. Security Agreement" refers to an agreement in which the acquiring party pledges assets as collateral for the financing of a leveraged buyout transaction.
Definition of "U.S. Security Agreement" for trade receivables
This definition connects the "U.S. Security Agreement" to trade receivables as collateral.
"U.S. Security Agreement" refers to an agreement in which a borrower pledges trade receivables as collateral for a loan or financing arrangement.
Definition of "U.S. Security Agreement" for cash flow-based lending
This definition ties the "U.S. Security Agreement" to cash flow-based lending, where future cash flows secure the loan.
"U.S. Security Agreement" refers to an agreement where a lender secures its loan based on the borrower’s projected or actual cash flows.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.