Exit Facility Collateral means the aggregate of all of the DIP Collateral and the Prepetition Lenders Secured Claim Collateral.

Exit Facility Collateral means the aggregate of all of Reorganized Remora Operating’s

Exit Facility Collateral means all of the assets of the Reorganized Debtors.

Examples of Exit Facility Collateral in a sentence

Obligations in respect of the New Term Loan Notes, together with the other obligations under the Exit Facility Credit Agreement, shall be secured by a first lien on the Exit Facility Collateral.
In the event of a subsequent foreclosure, liquidation, bankruptcy, or similar proceeding, it cannot be assured that the proceeds from any sale or liquidation of the Exit Facility Collateral will be sufficient to pay the applicable Reorganized Debtors’ obligations under the Exit Credit Facility, in full or at all.
The failure to properly perfect liens on the Exit Facility Collateral could adversely affect the Exit Credit Facility Agent’s ability to enforce its rights with respect to the Exit Facility Collateral for the benefit of the holders of the Exit Credit Facility.
There can be no assurance that the Exit Credit Facility Agent will monitor, or that the Reorganized Debtors will inform the trustee or the Exit Credit Facility Agent of, the future acquisition of property and rights that constitute Exit Facility Collateral, and that the necessary action will be taken to properly perfect the security interest in such after-acquired Exit Facility Collateral.
The Exit Facility Collateral securing the Exit Credit Facility may be subject to exceptions, defects, encumbrances, liens, and other imperfections.

More Definitions of Exit Facility Collateral

Exit Facility Collateral means the tangible and intangible property, assets and interests of New Mirant and its direct and indirect subsidiaries that will be pledged to and for the benefit of the Mirant Exit Lenders to secure payment of the obligations under the Exit Facility, as such property, assets and interests are identified and as set forth in the Exit Facility Documents.

Exit Facility Collateral means the collateral securing the Obligations under the Exit Facility Credit Agreement, consisting of substantially all of the assets of Reorganized McLeodUSA and its subsidiaries.

Exit Facility Collateral means all of the current assets (which shall include, without limitation, cash, receivables and inventory) of each Reorganized Debtor (including Reorganized CUK) or as otherwise set forth in the Exit Facility Documents.

Exit Facility Collateral means all of the assets of the Reorganized Debtor.

Exit Facility Collateral shall have the meaning ascribed to the term “Collateral” and any similar term in the Exit Facility Documentation, as applicable, which shall, from and after the Effective Date secure the Exit Facility pursuant to the Exit Facility Documentation on a first-priority basis.

Exit Facility Collateral means the collateral securing the obligations of Reorganized Antioch and its subsidiaries under the Exit Facility Documents, the New Secured Term Loan Notes Issuance Agreement, and the New Secured Term Loan Notes, consisting of substantially all of the assets of Reorganized Antioch, each of the other Reorganized Debtors, and certain of the Non-Debtor Affiliates.

Exit Facility Collateral means all of the real, personal, and mixed property identified in the Exit Facility Documents as “Collateral” (or any variation of such term).