Exchange Collateral definition

Exchange Collateral means all real and personal property and interests in real and personal property including, without limitation, Intellectual Property, rights under leases and royalty rights and agreements, now owned or hereafter acquired by the Company or its Material Subsidiaries in or upon which a Lien is granted or made under the Collateral Documentation.
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Exchange Collateral means an amount of Eligible Assets and, if necessary, cash in U.S. dollars which, when taken together with the Demeter Eligible Assets (if any), the Demeter Eligible Asset Income (if any) and the Demeter Facility Fees (if any), in each case, held by the Issuer immediately prior to the Optional Exchange, will be sufficient to fund (i) in an amount equal to each Loan Notes Interest
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Exchange Collateral means Exclusive Collateral and Common Collateral. For the avoidance of doubt, the Exchange Credit Facility Obligations (other than the Tranche 3 Loans) are secured by all of the Exchange Collateral.
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Examples of Exchange Collateral in a sentence

  • If Exchange determines to do so, Exchange will only agree after the Contracting Party and each such affiliated the Contracting Party Affiliate have provided to Exchange Collateral sufficient to cover the Margin Requirements for each party.

  • In addition, at any time, subject to the terms of the Indenture, the Issuer may acquire an Exchange Collateral Interest in exchange for a Defaulted Collateral Interest or a Credit Risk Collateral Interest.

  • In addition, at any time (including after the Reinvestment Period), subject to the terms of the Indenture, the Issuer may acquire an Exchange Collateral Interest in exchange for a Defaulted Collateral Interest or a Credit Risk Collateral Interest.

  • In addition, at any time (including after the Reinvestment Period), subject to the terms of the Indenture, the Issuer may acquire one or more Exchange Collateral Interests in exchange for one or more Defaulted Collateral Interests or Credit Risk Collateral Interests.

  • If Exchange determines to do so, Exchange will only agree after the Contracting Party and each such affiliated Contracting Party have provided to Exchange Collateral sufficient to cover the Margin Requirements for each party.

  • Account No.: EIRF ▇▇▇▇▇▇▇; Name: Erie Insurance Exchange Collateral Account; Custodian: The Bank of New York Mellon; Custodian’s Address: ▇▇▇ ▇▇▇▇▇▇ ▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇, ▇▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇, which investment account contains as of the Closing Date the investment property and other assets set forth in Exhibit A attached hereto and made a part hereof.


More Definitions of Exchange Collateral

Exchange Collateral means an amount of Eligible Assets and, if necessary, cash in U.S. dollars which, when taken together with the Demeter Eligible Assets (if any), the Demeter Eligible Asset Income (if any) and the Demeter Facility Fees (if any), in each case, held by the Issuer immediately prior to the Optional Exchange Date, will be sufficient to fund payments following such Optional Exchange (i) in respect of the Interest Accrual Period in which the Optional Exchange Date falls and each Interest Accrual Period thereafter falling within the Initial Interest Period, equal to the Demeter Eligible Asset Interest Amount for each such Interest Accrual Period and (ii) on the Reference Date, in an amount equal to the Available Commitment immediately following the Optional Exchange Date. It shall only be necessary for the Loan Notes Issuer to pay cash in respect of an Optional Exchange where it is not possible to meet the funding requirement through delivery of Eligible Assets alone.
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