Post-Petition Collateral means, collectively, all now existing or hereafter acquired real and personal property of Debtors and their respective estates, wheresoever located, of any kind or nature, whether pursuant to the Financing Agreements, the Financing Order or any other order entered or issued by the Bankruptcy Court or the CCAA Court (as the case may be), and shall include, without limitation:
Post-Petition Collateral means any and all of the following assets and property of each Debtor’s estate, whether real, personal or mixed and wherever located, of any kind, nature or description, including any such property in which a lien is granted to the Collateral Agent and Secured Parties pursuant to the Loan Documents, the Financing Order or any other order entered or issued by the Bankruptcy Court:
Post-Petition Collateral shall not include any assets referred to in clauses (a) through (j) and (l) of the definition of “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 Post-Petition Collateral in a sentence
Notwithstanding anything contained herein, the Post-Petition Collateral shall not include any cause of action or proceeds thereof recovered pursuant to Chapter 5 of the Bankruptcy Code.
No consent by the DIP Lender or the Trustee to any administrative claims, including fees and expenses of professionals, sought to be assessed against or attributed to the Trustee, as applicable, in the Pre-Petition Collateral, or the Post-Petition Collateral pursuant to the provisions of sections 506(c) and/or 552(b) of the Bankruptcy Code or otherwise by, through or on behalf of the Debtor, shall be implied from any action, inaction or acquiescence.
Prior to payment in full of the DIP Loans, the Debtor shall not sell, pledge, hypothecate, or otherwise encumber any Post-Petition Collateral (any such sale, pledge, hypothecation, or other transfer shall be void ab initio).
The Post-Petition Collateral excludes all proceeds of property recovered or transfers avoided by or on behalf of the Debtor, its estate or any subsequently appointed trustee, pursuant to Sections 544 through 550, inclusive, of the Bankruptcy Code (the “Avoidance Actions”).
The Debtor permits adequate loss insurance on the Pre-Petition Collateral or the Post-Petition Collateral (as defined below) to lapse.
More Definitions of Post-Petition Collateral
Post-Petition Collateral means, collectively, all of the following property of Chapter 11 Borrower's estate, whether now existing or hereafter acquired, wherever located, upon which Lender is granted a security interest or lien pursuant to the Financing Agreements or the Financing Order or any other order entered or issued by the Bankruptcy Court, and shall include, without limitation, all of the following property of Chapter 11 Borrower:
Post-Petition Collateral means, collectively, all now existingand hereafter acquired real and personal property of each Borrower and Guarantor, including each Debtor’s estate, wherever located, of any kind, nature or description, including any such property in which a lien is granted to Agent pursuant to the Loan Documents, the Financing Order or any other order entered or issued by the Bankruptcy Court, and shall include, without limitation: Intellectual Property; Equipment; and electronic chattel paper; promissory notes;
Post-Petition Collateral means all of the real and personal property of the Debtor of any description whatsoever, wherever located and whenever arising or acquired, including, without limitation, all cash, accounts, inventory, equipment, fixtures, chattel paper, and general intangibles, and all proceeds and products, whether tangible or intangible, or any of the foregoing, including proceeds of insurance covering any of the foregoing.
Post-Petition Collateral means all present and future property of the Borrowers’ estates (the “Estates”), including both real and personal property, whether now owned or existing or hereafter acquired or arising by the Estates, including specifically and without limitation (but specifically excluding the Avoidance Actions): (A) all of the Estates’ now owned or existing or hereafter acquired or arising accounts, chattel paper and electronic chattel paper, deposit accounts, documents, equipment, general intangibles, goods, instruments, investment property, intellectual property rights, inventory, letter-of-credit rights, letters of credit, and any items in any lockbox account; together with (i) all substitutions and replacements for and products of any of the foregoing; (ii) in the case of all goods, all accessions; (iii) all accessories, attachments, parts, and repairs now or hereafter attached or affixed to or used in connection with any goods; (iv) all warehouse receipts, bills of lading and other documents of title now or hereafter covering any of the foregoing; (v) all collateral subject to the Lien of any security document in favor of the Administrative Agent; (vi) any money, or other assets of the Borrowers that may or hereafter come into possession, custody or control of the Administrative Agent or any Lender; (vii) proceeds of any and all of the foregoing; (viii) books and records of the Borrowers, including all mail or electronic mail addressed to the Borrowers; (ix) all of the foregoing, whether now owned or existing or hereafter acquired or arising or in which the Borrowers now have or hereafter acquire any rights; and (x) all proceeds and products of such collateral security acquired by the Estates, (B) all Collateral (including all pre-petition collateral), (C) all real estate of the Estates provided, however, that no lien shall attach directly to any of the Borrowers’ leasehold interests, but shall only attach to the proceeds of the sale or disposition of such lease, unless (i) expressly permitted by the terms of that lease, or (ii) the Borrowers have consent of the applicable landlord to grant the Administrative Agent a lien or deed of trust on such leasehold, and (D) all proceeds, products, rents, issues and profits of all of the foregoing.
Post-Petition Collateral means all Collateral acquired, ------------------------ created or generated by either Debtor after the Petition Date which does not constitute Pre-Petition Collateral."
Post-Petition Collateral means, collectively, all now existing or hereafter acquired personal property of Debtor’s estate, wheresoever located, of any kind or nature, upon which Agent is granted a security interest or lien pursuant to the Financing Agreements or the Financing Order or any other order entered or issued by the Bankruptcy Court, and shall include, without limitation, all of the following property of Debtor: (i) all of the Collateral (as defined in the Loan Agreement); (ii) all Accounts; (iii) all general intangibles, including, without limitation, all Intellectual Property; (iv) all goods, including, without limitation, all Inventory; (v) all chattel paper, including, without limitation, all tangible and electronic chattel paper; (vi) all instruments, including, without limitation, all promissory notes; (vii) all documents; (viii) all deposit accounts;
Post-Petition Collateral means, all now existing or hereafter acquired real and personal property (including, without limitation, and by way of general description only, inventory, accounts receivable, machinery, equipment, furniture and fixtures, real property, general intangibles and the cash and non-cash proceeds thereof) of the Debtor and the Debtor’s estate, wherever located, of any kind or nature, upon which the Lender is granted a security interest or Lien pursuant to the Loan Documents or the Interim Financing Order or any other order entered or issued by the Bankruptcy Court (and any other items included within the definition of “Post-Petition Collateral” as set forth in any Financing Order or any other such orders).