A-1 Assets definition
A-1 Assets means the assets in which a security interest is granted by Parent pursuant to the A-1 Security Documents.
Examples of A-1 Assets in a sentence
Parent and the Purchasers intend that (a) the Notes be secured by second-priority security interests in the collateral securing Parent’s obligations under the Credit Agreement and (b) until the later of the fourth anniversary of the Closing Date (as defined) or the date the obligations under the Credit Agreement are repaid in full, the A-1 Notes be secured by a first-priority security interest in the A-1 Assets.
On the Closing Date, the amounts referred to in Exhibit A-1 (Assets on Order) and Exhibit I (the Provisional Net Amount), shall be paid in cash by the relevant party.