Collateral Distribution definition
Collateral Distribution means, (a) with respect to any Collateral, (i) any payment or distribution of such Collateral, and (ii) any payment or distribution of Proceeds of such Collateral, and (b) with respect to the Bluestem Guaranty, any payment or distribution by Bluestem of cash, securities or other property, whether direct, effected by set-off or otherwise, on account of the Bluestem Guaranty.
Collateral Distribution means any payment, distribution, advance, assignment, exchange, transfer or other direct or indirect hypothecation to or for the benefit of a Creditor (i) by Borrower of Collateral, or of