Noteholder First Lien Collateral definition

Noteholder First Lien Collateral has the meaning assigned to such term in the Intercreditor Agreement.
Noteholder First Lien Collateral means any and all Noteholder Collateral other than the Revolving Facility First Lien Collateral.
Noteholder First Lien Collateral as defined in the Intercreditor Agreement.

Examples of Noteholder First Lien Collateral in a sentence

To the extent that an insured loss covers or constitutes both Revolving Facility First Lien Collateral and Noteholder First Lien Collateral, then the Collateral Agent and the Noteholder Collateral Agent will work jointly and in good faith to collect, adjust or settle (subject to the rights of the Grantors under the Revolving Facility Documents and the Noteholder Documents) under the relevant insurance policy.

An employer can give tasks to its employers after the mandatory closure at 3 pm, such as taking stocks, loading goods, cleaning, or checking orders and deliveries, etc.

If the ABL Agent conducts a public auction or private sale of the ABL First Lien Collateral at any of the real property included within the Noteholder First Lien Collateral, the ABL Agent shall provide the Noteholder Collateral Agent with reasonable notice and use reasonable efforts to hold such auction or sale in a manner which would not unduly disrupt the Noteholder Collateral Agent’s use of such real property.

Nothing contained in this Agreement shall restrict the rights of the Noteholder Collateral Agent from selling, assigning or otherwise transferring any Noteholder First Lien Collateral prior to the expiration of the Disposition Period if the purchaser, assignee or transferee thereof agrees to be bound by the provisions of this Section.

Without limiting the rights granted in this paragraph, the Collateral Agent, to the extent that rights have been exercised under this Section by the Collateral Agent, shall cooperate with the Noteholder Secured Parties in connection with any efforts made by the Noteholder Secured Parties to sell the Noteholder First Lien Collateral.


More Definitions of Noteholder First Lien Collateral

Noteholder First Lien Collateral as defined in the Intercreditor Agreement as of the Issue Date.
Noteholder First Lien Collateral means all present and future right, title and interest of the Grantors, whether now owned or hereafter acquired, existing or arising, and wherever located, in all of the assets and property of any Grantor, whether real, personal or mixed (other than in the Excluded Assets and the ABL First Lien Collateral), including, without limitation, all: (a) equipment; (b) Real Estate Assets; (c) intellectual property; (d) all general intangibles that do not constitute ABL First Lien Collateral; (e) documents of title related to equipment; (f) Equity Interests of the Company and Subsidiaries; (g) books and records, supporting obligations and related letters of credit, commercial tort claims or other claims and causes of action, in each case, to the extent related primarily to the foregoing; and (h) substitutions, replacements, accessions, products and proceeds (including, without limitation, insurance proceeds, licenses, royalties, income, payments, claims, damages and proceeds of suit) of any or all of the foregoing.
Noteholder First Lien Collateral means the Collateral unless and until an Intercreditor Agreement is effective and thereafter has the meaning assigned to such term in the applicable Intercreditor Agreement.
Noteholder First Lien Collateral shall have the meaning specified in the Intercreditor Agreement.
Noteholder First Lien Collateral means any and all Noteholder Collateral other than, with respect to ABL Obligations under an ABL Agreement and the related ABL Security Documents, the related ABL First Lien Collateral.
Noteholder First Lien Collateral means any and all Notes Collateral other than Intercreditor Collateral.
Noteholder First Lien Collateral means the Notes Collateral, other than the ABL Collateral with respect to First Priority Lien Obligations.