Pledged or Controlled Collateral definition
Pledged or Controlled Collateral has the meaning assigned to such term in Section 5.05(a).
Pledged or Controlled Collateral shall have the meaning assigned to such term in Article V.
Pledged or Controlled Collateral means any Shared Collateral in the possession or control of a Collateral Agent (or its agents or bailees), to the extent that possession or control thereof or of any account in which such Shared Collateral is held perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction. Pledged or Controlled Collateral includes, without limitation, any Certificated Securities, Promissory Notes, Instruments and Chattel Paper or any Deposit Account, commodities account or securities account, in each case, delivered to or in the possession or control of the Collateral Agent under the terms of the First Lien Debt Documents.
Examples of Pledged or Controlled Collateral in a sentence
The rights of the Junior-Lien Authorized Representatives, the Junior-Lien Collateral Agents and the Junior- Lien Secured Parties with respect to the Pledged or Controlled Collateral shall at all times be subject to the terms of this Agreement.
More Definitions of Pledged or Controlled Collateral
Pledged or Controlled Collateral shall have the meaning set forth in Section 5.1(a) hereof.
Pledged or Controlled Collateral means Collateral as to which perfection can be accomplished by the possession or control (as such term is defined in the Uniform Commercial Code) of such Collateral or of any account in which such Collateral is held.
Pledged or Controlled Collateral means the Common Collateral to the extent that possession thereof, or the granting of control (in accordance with the Uniform Commercial Code) with respect thereto, perfects a Lien thereon under the Uniform Commercial Code.
Pledged or Controlled Collateral shall have the meaning assigned to such term in the Intercreditor Agreement.
Pledged or Controlled Collateral as defined in Section 14.5(a).
Pledged or Controlled Collateral has meaning set forth in Section 2.12(a).
Pledged or Controlled Collateral means any Shared Collateral that can be perfected by the possession or control of such Shared Collateral or of any deposit account, securities account or commodities account in which such Shared Collateral is held, and if such Shared Collateral or any such deposit account, securities account or commodities account is in fact in the possession or under the control of the Priority Lien Agent, or of agents or bailees of such Person.