Term Loan Collateral definition

Term Loan Collateral means all assets, whether now owned or hereafter acquired by any Loan Party, in which a Lien is granted or purported to be granted to any Term Loan Secured Party as security for any Term Loan Obligation.
Term Loan Collateral shall have the meaning specified in the Intercreditor Agreement.

Examples of Term Loan Collateral in a sentence

  • Create, incur, assume or suffer to exist any Lien over the Capital Stock in (a) the German Borrower or (b) in each direct or indirect holder of such Capital Stock, in each case, other than such Liens in favor of the Agent and, subject to the terms of the Intercreditor Agreement, Liens granted to Term Loan Collateral Agent pursuant to the Term Loan Documents.


More Definitions of Term Loan Collateral

Term Loan Collateral means the Collateral as defined in the Credit Agreement.
Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.
Term Loan Collateral means the Collateral (as defined in the Term Loan Agreement).
Term Loan Collateral means all “Collateral”, as defined in the Term Loan Credit Agreement or any other Term Loan Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure or purport to secure any Term Loan Obligation.
Term Loan Collateral means all of the assets and property of any Grantor, whether real, personal, or mixed, with respect to which a consensual Lien is granted as security for any Term Loan Obligations.
Term Loan Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any Term Loan Obligations.
Term Loan Collateral means the portion of the Pledged Mortgage Assets included in the Collateral (including, without limitation, the portion of any Mixed Collateral with respect to which Term Loan advances, if any, are calculated and determined) with respect to which advances under the Term Loan (if any) are calculated and determined.