Non-ABL Collateral definition

Non-ABL Collateral means all Common Collateral that is not ABL Collateral.
Non-ABL Collateral. (as defined in the Existing ABL Guarantee and Collateral Agreement) that are not included in clause (vi) above. All capitalized terms used in this definition and not defined elsewhere in the Existing Credit Agreement have the meanings assigned to them in the New York UCC.

Examples of Non-ABL Collateral in a sentence

  • Subject to the ABL Intercreditor Agreement, moneys in the Non-ABL Collateral Account and the ABL Collateral Account shall be held by the Collateral Agent as part of the Collateral and applied in accordance with the terms of this Security Agreement.


More Definitions of Non-ABL Collateral

Non-ABL Collateral has the meaning specified in Section 7.05(a).
Non-ABL Collateral means any and all of the following Collateral: (a) all Investment Property; (b) all Documents; (c) all General Intangibles; (d) all Intellectual Property; (e) all Equipment; (f) all real property (including both fee and leasehold interests) and fixtures; (g) all Instruments; (h) all insurance; (i) all Letter of Credit Rights; (j) all Commercial Tort Claims; (k) all other Collateral not constituting ABL Collateral; (l) all books and records related to the foregoing; and (m) all Proceeds, including insurance Proceeds, of any and all of the foregoing and all collateral security and guarantees given by any Person with respect to any of the foregoing. Notwithstanding the foregoing, “Non-ABL Collateral” shall not include any property or assets included in clause (e) of the definition of “ABL Collateral”, or any property or assets excluded from being collateral pursuant to the terms of the Term Collateral Documents. All capitalized terms used in this definition and not defined elsewhere in this Agreement have the meanings assigned to them in the UCC as in effect in the State of New York.
Non-ABL Collateral means any and all of the following assets and property of any Loan Party, whether real, personal or mixed: (a) all Investment Property; (b) all Documents; (c) all General Intangibles; (d) all Intellectual Property; (e) all Equipment; (f) all real property (including both fee and leasehold interests) and fixtures; (g) all Instruments; (h) all insurance; (i) all Letter of Credit Rights; (j) all Commercial Tort Claims; (k) all other assets and property not constituting ABL Collateral; (1) all books and records related to the foregoing; and (m) all Proceeds, including insurance Proceeds, of any and all of the foregoing and all collateral security and guarantees given by any Person with respect to any of the foregoing. Notwithstanding the foregoing, “Non-ABL Collateral” shall not include any assets or property included in clause (e) of the definition of “ABL Collateral” or any assets or property excluded pursuant to the terms of the Term Collateral Documents. All capitalized terms used in this definition and not defined elsewhere in this Agreement have the meanings assigned to them in the New York UCC.
Non-ABL Collateral means any assets of the Loan Parties and their Subsidiaries not constituting ABL Collateral. “Non-Consenting Lender” shall have the meaning specified in Section 9.01.
Non-ABL Collateral means any assets of the Loan Parties and their Subsidiaries not constituting ABL Collateral.
Non-ABL Collateral has the meaning assigned to such term in the Guarantee and Collateral Agreement.
Non-ABL Collateral means the portion of the Collateral as to which the Term Collateral Agent has a first-priority Lien; and for purposes of clauses (i) and (xvii) of the definition of Permitted Liens, Non-ABL Collateral shall exclude property and assets that become Non-ABL Collateral due to the retirement or cancellation of the ABL Credit Facility without a replacement facility. TERM LOAN AGREEMENT, Page 16