LLC Collateral definition

LLC Collateral shall have the meaning ascribed thereto in Section 3(m) hereof.
LLC Collateral means all of the Membership Interests of the Pledgor in the Companies and all Proceeds therefrom.
LLC Collateral shall have the meaning assigned to that term in Section -------------- ------- 3.01(a). -------

Examples of LLC Collateral in a sentence

  • The project will continue to support laboratory development at the national and regional levels.

  • Eligible Students: The program is only open to second- and third-year students who have completed at least one year at BU Law.

  • The Collateral Agent is hereby authorized to establish and maintain in the name of such Collateral Agent and pursuant to a Control Agreement, a restricted deposit account designated “Liberty Cablevision of Puerto Rico LLC Collateral Account.” Each Pledgor shall deposit into the Collateral Account from time to time all amounts required to be deposited in the Collateral Account by the Credit Agreement and any amounts specifically required to be deposited therein by any other Loan Documents.

  • To the extent not prohibited by applicable law, the Agent shall not foreclose on or sell any portion of the Total Pledged Dairy LLC Collateral of a particular class owned by a particular Dairy LLC Pledgor unless the Agent forecloses on or sells the Total Pledged Dairy LLC Collateral of such class (based upon the number of shares owned by a particular Dairy LLC Pledgor and the total number of shares of such class which are pledged to the Agent) owned by all Dairy LLC Pledgors on a pro rata basis.

  • Except as set forth in Section 22 hereof, upon the payment in full of the Senior Debt and all other amounts owing to the Collateral Agent under the Financing Documents, the Security Interest granted hereby shall terminate and all rights to the LLC Collateral shall revert to the Pledgor.

  • This Pledge Agreement shall create a continuing assignment, pledge and security interest in the LLC Collateral and shall remain in full force and effect for the benefit of the Collateral Agent until the satisfaction in full of the Senior Debt.

  • By: ORIX Capital Markets, LLC Collateral Manager ------------------------------------ [Print Name of Financial Institution] By ------------------------------------- Name: Title: [ ] The above-referenced Financial Institution would like to be Prepaid from the Proceeds of the Issuance of the Senior Subordinated Debt (please initial).

  • The powers conferred on the Collateral Agent hereunder are solely to protect the Collateral Agent's interests in the LLC Collateral and shall not impose any duty upon it to exercise any such powers.

  • By: ING Capital Advisors LLC, Collateral Manager and Authorized Signatory By:__________________________ Name: Title: XXXXXX COMMERCIAL PAPER, INC.

  • By: /s/ XXXXXXX XXXX Name: Xxxxxxx Xxxx Title: Chief Administrative Officer DENALI CAPITAL LLC, managing member of DC Funding Partners LLC, Collateral Manager for Xxxxxxx Xxxxx CLO 2007-I, Ltd., or an Affiliate By: /s/ XXXX X.


More Definitions of LLC Collateral

LLC Collateral all of the following property now owned or at any time hereafter acquired by the Pledgor or in which the Pledgor now has or from time to time may have any right, title or interest:

Related to LLC Collateral

  • UCC Collateral is defined in Section 3.03.

  • 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.

  • 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.

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. 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 Secured Obligations.

  • 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.

  • Combined Collateral LLC: Combined Collateral LLC, a Delaware limited liability company.

  • Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:

  • Stock Collateral means, collectively, the Collateral described in clauses (a) through (c) of Section 3 hereof and the proceeds of and to any such property and, to the extent related to any such property or such proceeds, all books, correspondence, credit files, records, invoices and other papers.

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

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any mortgage, deed of trust, security agreement, pledge agreement, assignment or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.

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

  • Senior Collateral Documents means the Security Agreement and the other “Collateral Documents” as defined in the Credit Agreement, the First Lien Intercreditor Agreement (upon and after the initial execution and delivery thereof by the initial parties thereto) and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by the Borrower or any other Grantor for purposes of providing collateral security for any Senior Obligation.

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

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

  • Notes Collateral means any and 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 Notes 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.

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

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Equity Collateral shall have the meaning set forth in Section 11.6 hereof.

  • Excess Collateral has the meaning set forth in Section 5.7.

  • Account Collateral means, with respect to each Account, such Account, together with all cash, securities, Financial Assets and investments and other property from time to time deposited or credited to such Account and all proceeds thereof, including, with respect to the Reserve Fund, the Reserve Fund Deposit and the Reserve Fund Amount.

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

  • UCC Filing Collateral means any Collateral, including Collateral constituting investment property, for which a security interest can be perfected by filing a UCC-1 financing statement.

  • Current Asset Collateral means all the “ABL Priority Collateral” as defined in the ABL Intercreditor Agreement.