Notes Collateral definition

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.

Notes Collateral means the portion of the Collateral as to which the First Lien Notes Secured Parties have a first-priority security interest subject to certain Permitted Liens.

Notes Collateral means the rights, property and assets securing the Notes and the Note Guarantees and any rights, property or assets over which a Security Interest has been granted to secure the Obligations of the Issuer and the Guarantors under the Notes, the Note Guarantees and this Indenture.

Examples of Notes Collateral in a sentence

• Without limiting the generality of the foregoing sentence, the use of the term “agent” in this Indenture with reference to the Notes Collateral Agent is not intended to connote any fiduciary or other implied (or express) obligations arising under agency doctrine of any applicable law.

• It is hereby expressly acknowledged and agreed that, in doing so, the Trustee and the Notes Collateral Agent are not responsible for the terms or contents of such agreements, or for the validity or enforceability thereof, or the sufficiency thereof for any purpose.

• The Notes Collateral Agent shall not be obligated to make any sale of any Collateral if it shall determine not to do so, regardless of the fact that notice of sale of such Collateral shall have been given.

• Annex B-1 accurately lists all Collateral Notes, Collateral Note Security, Pledged Shares, Partnership/Limited Liability Company Interests, commercial tort claims, and Deposit Accounts.

• The Notes Collateral Agent may, without notice or publication, adjourn any public or private sale or cause the same to be adjourned from time to time by announcement at the time and place fixed for sale, and such sale may, without further notice, be made at the time and place to which the same was so adjourned.

More Definitions of Notes Collateral

Notes Collateral means all property subject, or purported to be subject from time to time, to a Lien under any Security Documents.

Notes Collateral means all now owned or hereafter acquired Collateral other than the Revolving Credit Primary Collateral, including, without limitation:

Notes Collateral shall include (as provided in Section 3.4 below) identifiable proceeds (including lease payments under leases of Equipment) of Notes Collateral that are deposited or held in any Deposit Accounts or Securities Accounts, in each case other than the Net Cash Proceeds Account, after an Enforcement Notice, except to the extent that the Notes Collateral Agent has been provided with a Net Cash Proceeds Letter of Credit, in connection with the receipt by any Grantor of, and in the amount of, such identifiable proceeds in which case the term “Notes Collateral” shall not include such identifiable proceeds.

Notes Collateral means “Noteholder First Lien Collateral” as defined in the Intercreditor Agreement.

Notes Collateral means (i) at any time that there is no ABL Facility in place, all Collateral and (ii) at any time that there is an ABL Facility in place subject to the Collateral Trust and Agency Agreement, all Collateral other than ABL Collateral.

Notes Collateral means all property subject, or purported to be subject from time to time, to a Lien under any Security Documents, including, as of the Issue Date, the Cash Reserve Account. The Notes Collateral does not include the Excluded Assets.

Notes Collateral means all Collateral other than ABL Collateral.