ADDITIONAL COLLATERAL REQUIREMENT definition

ADDITIONAL COLLATERAL REQUIREMENT means, with respect to any Additional Subsidiary, the requirement set forth in any Credit Agreement that either (x) any Equity Interest in such Additional Subsidiary owned by NNL or any Canadian Subsidiary of NNL be added to the collateral subject to a pledge agreement in form and substance reasonably satisfactory to the Collateral Agent or (y) such Additional Subsidiary deliver a Foreign Subsidiary Guarantee.
ADDITIONAL COLLATERAL REQUIREMENT means the requirement, at all times after September 15, 2007, when the Full Stock Pledge Condition is not satisfied, that:
ADDITIONAL COLLATERAL REQUIREMENT means with regard to the separate classes of Mezz Notes: