Collateral definition

Collateral has the meaning set forth in Section 2.
Collateral has the meaning specified in the Granting Clause of the Indenture.
Collateral means all of the “Collateral” referred to in the Collateral Documents and all of the other property that is or is intended under the terms of the Collateral Documents to be subject to Liens in favor of the Administrative Agent for the benefit of the Secured Parties.

Examples of Collateral in a sentence

  • Nothing contained herein shall be deemed or operate to preclude the Collateral Agent or the Noteholders from bringing suit or taking other legal action against any Grantor in any other jurisdiction to collect on a Grantor’s obligations or to enforce a judgment or other court ruling in favor of the Collateral Agent or a Noteholder.

  • The Collateral Agent shall have no responsibility to receive or maintain in its possession any physical copies thereof.

  • If an Event of Default has occurred and is continuing at the time of such direction, the Collateral Agent, if so directed by the Requisite Lenders, shall disregard such direction.

  • The recitals herein are deemed to be those of the Company and the Guarantors and not of the Trustee and the Collateral Agent.

  • Any payments, prepayments or other amounts paid or payable to a Defaulting Lender that are applied (or held) to pay amounts owed by a Defaulting Lender or to post Cash Collateral pursuant to this Section 2.15(a)(ii) shall be deemed paid to and redirected by such Defaulting Lender, and each Lender irrevocably consents hereto.


More Definitions of Collateral

Collateral all property of the Loan Parties, now owned or hereafter acquired, upon which a Lien is purported to be created by any Security Document.
Collateral means all assets and interests in assets and proceeds thereof now owned or hereafter acquired by any Loan Party or its Subsidiaries in or upon which a Lien is granted by such Person in favor of Agent or the Lenders under any of the Loan Documents.
Collateral is any and all properties, rights and assets of Borrower described on Exhibit A.
Collateral means, collectively, all of the real, personal and mixed property (including Capital Stock) in which Liens are purported to be granted pursuant to the Collateral Documents as security for the Obligations.
Collateral has the meaning set forth in Section 3.1 hereof.
Collateral as defined in the Security Agreement.
Collateral means the Article 9 Collateral and the Pledged Collateral.