Equipment Loan Collateral definition

Equipment Loan Collateral means all of the equipment and related collateral described in the Equipment Loan Collateral Schedule A, the Equipment Loan Collateral Schedule B, the Equipment Loan Collateral Schedule C and in any Collateral Schedule delivered in connection with any Equipment Loan Supplement.
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Equipment Loan Collateral means all of the equipment and related collateral described in the Equipment Loan Collateral Schedule A, the Equipment Loan Collateral Schedule B, and in any Collateral Schedule delivered in connection with any Equipment Loan Supplement.
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Equipment Loan Collateral means all property which is, or will become, subject to the liens, pledges and security interests of every kind granted by the Equipment Loan Collateral Documents.
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Examples of Equipment Loan Collateral in a sentence

  • The Equipment Loan LC Amount and Receivables LC Amount, as applicable, shall be in an amount equal to the product of (x) the Available Drawing Amount and (y) a fraction, the numerator of which is equal to the Equipment Loan Collateral Value (in the case of the Equipment Loan LC Amount) and the Receivables Collateral Value (in the case of the Receivables LC Amount) and the denominator of which is equal to the sum of the Receivables Collateral Value and the Equipment Collateral Value.

  • The advance hereby requested hereby shall be secured by the Equipment Loan Collateral as defined in the Loan Agreement, including but not limited to the Equipment described in the attached Schedule A.

  • In the event of Foreclosure upon the Equipment Loan Collateral (other than the Casino Bank Accounts), the Net Foreclosure Proceeds realized therefrom shall not be applied toward the Hotel Loan Obligations or the Indemnity Obligations unless and until: (a) the Equipment Loan Obligations have been paid in full; and (b) the Bank, in its sole discretion which may be withheld for any reason or for no reason, agrees to such an application.

  • The Court makes no findings at this time as to the Equipment Loan Collateral Dispute.

  • All of Borrower's Liabilities (including all Loans under this Loan Agreement) shall be secured by Lender's security interest in the Term Loan Collateral or the Equipment Loan Collateral, as appropriate, and by all other security interests, liens, claims and encumbrances now and/or from time to time hereafter granted by Borrower to Lender, whether hereunder or under the Other Agreements.

  • In the event of Foreclosure upon the Equipment Loan Collateral (other than the Casino Bank Accounts), the Net Foreclosure Proceeds realized therefrom shall not be applied toward the Hotel Loan Obligations or the Grand Obligations unless and until: (a) the Equipment Loan Obligations have been paid in full; (b) Acceleration by Hibernia of the Hotel Loan Obligations; and (c) Hibernia, in its sole discretion which may be withheld for any reason or for no reason, agrees to such an application.

  • Such Grantor (a) is the record and beneficial owner of the Collateral pledged by it hereunder constituting instruments or certificates and (b) has rights in or the power to transfer each other item of Collateral in which a Lien is granted by it hereunder, free and clear of any other Lien (except for the Lien on the Equipment Loan Collateral securing the Equipment Loan and the Lien on the Collateral securing a portion of the Real Estate Loans).


More Definitions of Equipment Loan Collateral

Equipment Loan Collateral has the meaning set forth in Section 5.1(b) hereof.
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Related to Equipment Loan Collateral

  • Loan Collateral With respect to any Mortgage Loan, the related Mortgaged Property and any personal property securing the related Mortgage Loan, including any lessor’s interest in such property, whether characterized or recharacterized as an ownership or security interest, and including any accounts or deposits pledged to secure such Mortgage Loan, and any Additional Collateral.

  • 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 Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Equipment Loan means middle market equipment loans that consist of loans made to obligors in the United States of America primarily secured by new or used transportation equipment and managed by the Equipment Finance reporting category of the Commercial Lending and Leasing division of GE Capital.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Canadian Collateral means any and all property of any Canadian Loan Party covered by the Collateral Documents and any and all other property of any Canadian Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Canadian Secured Obligations.

  • Prepetition Collateral shall refer to (i) all of the Borrower’s personal property upon which a security interest may be granted under the Uniform Commercial Code, (ii) all of the Borrower’s real property, (iii) all of the Borrower’s assets in or upon which a lien or other security interest has otherwise been granted in favor or for the benefit of the Prepetition Agent and the Prepetition Lenders in connection with, pursuant to, or under, the Prepetition Credit Agreement and the other Prepetition Financing Documents, and (iv) any of the Borrower’s assets otherwise held by the Prepetition Agent or any Prepetition Lender or otherwise provided to the Prepetition Agent or any Prepetition Lender as security for the Prepetition Indebtedness, in each case that existed as of the Petition Date or at any time prepetition and, subject to section 552 of the Bankruptcy Code, postpetition proceeds, products, offspring, rents and profits of all of the foregoing.

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Collateral Loan means a loan, debt obligation, debt security or participation therein acquired by the Borrower.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • ABL 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 ABL Obligations.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • First Lien Mortgage Loan A Mortgage Loan secured by a first lien Mortgage on the related Mortgaged Property.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Second Lien 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 Second Lien Obligations.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • UCC Collateral is defined in Section 3.03.

  • Hedge Collateral Defined in Section 5.3(b).

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Additional Collateral Loan Each Mortgage Loan that is supported by Additional Collateral.

  • First Lien 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 First Lien Obligations.

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • Second Lien Mortgage Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.