Fixed Asset Collateral definition

Fixed Asset Collateral means the “Fixed Asset Priority Collateral” (as defined in the Initial Intercreditor Agreement on the Closing Date).
Fixed Asset Collateral means all Real Estate Assets, Equipment, Intellectual Property, Equity Interests in the Borrowers, the other Grantors and their respective subsidiaries and other Collateral other than ABL Collateral and all Supporting Obligations, documents and books and records relating to any of the foregoing; and all substitutions, replacements, accessions, products or Proceeds (including, without limitation, insurance proceeds) of any of the foregoing.
Fixed Asset Collateral means the “Fixed Asset Priority Collateral” (as defined in the ABL Intercreditor Agreement).

Examples of Fixed Asset Collateral in a sentence

  • Except as otherwise provided in this Agreement, the Fixed Asset Collateral Agents and the Fixed Asset Claimholders will be entitled to manage and supervise their respective loans and extensions of credit under the Fixed Asset Documents in accordance with law and the Fixed Asset Documents, as they may, in their sole discretion, deem appropriate.

  • Each of the Revolving Credit Collateral Agent and each Fixed Asset Collateral Agent may demand specific performance of this Agreement.

  • This Agreement shall be binding upon the Revolving Credit Collateral Agent, the Revolving Credit Claimholders, the Fixed Asset Collateral Agents, the Fixed Asset Claimholders and their respective successors and assigns.

  • Nothing in this Agreement shall impair, as between the Grantors and the Revolving Credit Collateral Agent and the Revolving Credit Claimholders, or as between the Grantors and the Fixed Asset Collateral Agents and the Fixed Asset Claimholders, the obligations of the Grantors to pay principal, interest, fees and other amounts as provided in the Revolving Credit Documents and the Fixed Asset Documents, respectively.

  • All notices to the Fixed Asset Claimholders and the Revolving Credit Claimholders permitted or required under this Agreement shall also be sent to the Fixed Asset Collateral Agents and the Revolving Credit Collateral Agent, respectively.


More Definitions of Fixed Asset Collateral

Fixed Asset Collateral as defined in the Intercreditor Agreement.
Fixed Asset Collateral means the “Cash Flow Collateral” as such term is defined in the ABL Intercreditor Agreement.
Fixed Asset Collateral means all property and assets subject to Liens created pursuant to the Security Documents to secure any Obligations under the Notes and the Guarantees other than Current Asset Collateral.
Fixed Asset Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted (or purported to be granted) as security for any Fixed Asset Obligations.
Fixed Asset Collateral means (i) Equipment and Fixtures; (ii) Real Estate; (iii) Intellectual Property; (iv) equity interests in all direct and indirect Subsidiaries of the Borrower; (v) all other assets of any Obligor, whether real, personal or mixed not constituting Current Asset Collateral; (vi) to the extent evidencing, governing, securing or otherwise reasonably related to any of the foregoing, all Documents, General Intangibles, Instruments, Commercial Tort Claims, Letters of Credit, Letter of Credit Rights and Supporting Obligations; provided, however, that to the extent any of the foregoing also evidence, govern, secure or otherwise reasonably relate to any Current Asset Collateral only that portion that evidences, governs, secures or primarily relates to Fixed Asset Collateral shall constitute Fixed Asset Collateral; (vii) all books, records and documents related to the foregoing (including databases, customer lists and other records, whether tangible or electronic, which contain any information relating to any of the foregoing); and (viii) all Proceeds and products of any or all of the foregoing in whatever form received, including proceeds of business interruption and other insurance and claims against third parties. For purposes of this definition, capitalized terms used but not defined elsewhere in this Agreement shall have the meanings set forth in Articles 8 or 9 of the UCC.
Fixed Asset Collateral shall have the meaning of "Collateral" as provided in the Fixed Asset Security Agreement.
Fixed Asset Collateral means all assets of the Loan Parties (other than Excluded Assets) that do not constitute Collateral and are subject to a Lien granted under the Term Loan Documents, including (a) all of the Equity Interests of the Borrower and (b) all the Equity Interests directly held by the Borrower or any Guarantor in any wholly-owned Restricted Subsidiary (which pledge, in the case of the Equity Interests of (x) any non-U.S. Restricted Subsidiary or (y) CFC Holdco, shall in either case be limited to 65% of the Equity Interests of such non-U.S. Restricted Subsidiary or such CFC Holdco, as the case may be)