New Collateral definition

New Collateral means an Eligible Loan that Seller proposes to be included as Collateral.
New Collateral means, collectively, a first lien on the property and -------------- assets of Reorganized Prism described in Schedule A attached hereto (other than the Film Library and the Film Library Accounts Receivable of Reorganized Prism) and a second priority lien on the Film Library and the Film Library Accounts Receivable of Reorganized Prism subject only to the lien of Imperial Bank, all as more fully described in the New Security Agreement.
New Collateral means the Collateral in which a security interest is created in favor of the Collateral Agent for the benefit of the New Secured Parties under the New Security Agreement.

Examples of New Collateral in a sentence

  • This Agreement has been entered into to record the accession of the New Representative[s] as Other Second-Priority Representative[s] under the First Lien/Second Lien Intercreditor Agreement [and to record the accession of the New Collateral Agent as an Other Second-Priority Collateral Agent under the First Lien/Second Lien Intercreditor Agreement].

  • This Agreement has been entered into to record the accession of the New Representative[s] as Other First-Priority Representative[s] under the First Lien/Second Lien Intercreditor Agreement [and to record the accession of the New Collateral Agent as an Other First-Priority Collateral Agent under the First Lien/Second Lien Intercreditor Agreement].

  • This Agreement is supplemental to that certain First Lien/Second Lien Intercreditor Agreement, dated as of [ ], 20[ ] (as the same may be amended, restated, supplemented or otherwise modified from time to time, the “First Lien/Second Lien Intercreditor Agreement”), by and among the parties (other than the New Representative and the New Collateral Agent) referred to above.

  • This Agreement has been entered into to record the accession of the New Collateral Agent as LC Collateral Agent under the Intercreditor Agreement.

  • Concurrently with delivering this Pledge Agreement Supplement to the Secured Party, the Pledgor is complying with the provisions of Section 8 of the Pledge Agreement with respect to Investment Property and Instruments, in each case if and to the extent included in the New Collateral at such time.


More Definitions of New Collateral

New Collateral has the meaning given in Section 3.1(f).
New Collateral means any Collateral pledged to the Collateral Agent pursuant to stock pledge agreements executed and delivered pursuant to Section 1017 of the Indenture or Section 7.1.9 of the Term Loan Agreement.
New Collateral means all Property described in any New Security Document as security for any Obligations.
New Collateral shall have the meaning set forth in Section 4.3 hereof. ----------------
New Collateral means an asset that Borrower proposes to be included -------------- as Collateral.
New Collateral means an Eligible Loan that Seller proposes to be included as Collateral. “OFAC” shall mean the U.S. Department of the Treasury’s Office of Foreign Assets Control.
New Collateral means, collectively, (i) all existing and future property and assets of any Pledgor, whether tangible or intangible, fixed or liquid, which did not constitute Collateral (as defined under the Existing Intercreditor Agreement) in which any Existing Secured Creditor had been granted a Lien pursuant to the applicable Security Documents prior to and without ever giving effect to any of the Combination Transactions, the issuance of the Senior Secured Notes and the making of any loans under the Credit Facility, including, without limitation, all such property and assets then owned by RES Holding, RESI and USS/Kobe and the New Bar Mill (as defined in the Indenture), (ii) all Intangibles to the extent relating thereto, (iii) all Documents to the extent relating thereto and (iv) all Proceeds of any of the foregoing. "New Collateral" shall in any event exclude the Excluded Collateral.