Exit Facility Collateral definition

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

  • The Issuer will not permit the aggregate amount of all collected funds and Temporary Cash Investments held by the Issuer and its Restricted Subsidiaries in accounts, other than the Collateral Accounts, the Exit Facility Collateral Account and the Concentration Accounts, to exceed $2,000,000 at the close of business on any two consecutive Business Days.

  • The Required Lenders hereby agree that, notwithstanding anything in Section 2.06(a), clause (iii) of Section 7.03(d) or Section 7.06 of the Credit Agreement or Section 5(j) of the Security Agreement to the contrary, neither the Borrower nor any Restricted Subsidiary shall be required to deposit any Net Cash Proceeds of (or otherwise attributable to) any Proposed Personal Property Sale, Proposed Accounts Sale or Proposed Interim Lease in a Collateral Account or with the Exit Facility Collateral Agent.


More Definitions of Exit Facility Collateral

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