PRC Collateral definition

PRC Collateral means the collateral described in the PRC Security Documents.
Sample 1Sample 2Sample 3
PRC Collateral means the PRC Property and any other property (whether real, personal, tangible, intangible, or mixed) of the Company reasonably requested by the PRC Collateral Agent from time to time upon instructions from the Majority Lenders and in accordance with the Agreed Security Principles to be pledged in favor of the PRC Collateral Agent, on behalf of itself and the Lenders, pursuant to the PRC Mortgages and any other PRC Collateral Document from time to time.
Sample 1

Examples of PRC Collateral in a sentence

  • This makes it even more necessary for project leadership to encourage and nurture an open and safe environment where everyone questions everything and criticisms are welcomed.

  • Upon the occurrence and during the continuance of an Event of Default, the PRC Collateral Agent may, in accordance with the terms of the PRC Collateral Documents, exercise any rights and remedies provided to the PRC Collateral Agent under the Finance Documents or at law or equity.

  • PRC Collateral Agent means the collateral agent as acceptable to the Super Majority Holders in connection with the share charge relating to 24% of the Share Capital of LDK Solar Jiangxi dated the date hereof.

  • With respect to the Special Clearing House Participant, such balance refers to the aggregate of the cash Collateral standing to the credit of the Hong Kong Collateral Account and the amount standing to the credit of the PRC Collateral Account, excluding any Excess Inter- CCP SHCH Margin, any excess collateral posted by OTC Clear, any IM Add-on and the GF Component calculated in respect of the previous calculation period.

  • Such pledges were duly created by recording the pledge in the relevant affiliated Chinese entities' register of shareholders in accordance with the PRC Collateral Law.

Related to PRC Collateral

  • UCC Collateral is defined in Section 3.03.

  • U.S. Collateral means the “Collateral” (or any equivalent term) as defined in the U.S. Security Agreement or any other applicable U.S. Security Document, together with any other assets (whether Real Property or personal property) pledged pursuant to any U.S. Security Document.

  • Borrower Collateral means all of Borrower’s now owned or hereafter acquired right, title, and interest in and to each of the following:

  • ABL Collateral means 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 ABL Obligations.

  • Collateral has the meaning set forth in Section 2.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Possessory Collateral means any Shared Collateral in the possession of a Collateral Agent (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction. Possessory Collateral includes, without limitation, any Certificated Securities, Promissory Notes, Instruments, and Chattel Paper, in each case, delivered to or in the possession of the Collateral Agent under the terms of the First-Lien Security Documents.

  • Canadian Collateral means the Collateral owned by (or, in the event such Collateral has been foreclosed upon, immediately prior to such foreclosure that was owned by) a Canadian Loan Party.

  • Primary Collateral With respect to any Cross-Collateralized Mortgage Loan, any Mortgaged Property (or portion thereof) designated as directly securing such Cross-Collateralized Mortgage Loan and excluding any Mortgaged Property (or portion thereof) as to which the related lien may only be foreclosed upon by exercise of the cross-collateralization provisions of such Cross-Collateralized Mortgage Loan.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • Foreign Collateral means all Collateral of Foreign Loan Parties securing the Guaranteed Foreign Obligations.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • Trademark Collateral means all Trademarks, whether now owned or hereafter acquired by the Company, that are associated with the Business. Notwithstanding the foregoing, the Trademark Collateral does not and shall not include any Trademark which would be rendered invalid, abandoned, void or unenforceable by reason of its being included as part of the Trademark Collateral.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Control Collateral means any Collateral consisting of any Certificated Security (as defined in Section 8-102 of the Uniform Commercial Code), Investment Property, Deposit Account, Instruments and any other Collateral as to which a Lien may be perfected through possession or control by the secured party, or any agent therefor.

  • Hedge Collateral Defined in Section 5.3(b).

  • Patent Collateral means all Patents, whether now owned or hereafter acquired by the Company that are associated with the Business.

  • Swap Collateral means all right, title and interest of Party B in this Agreement, each Transaction hereunder, and all present and future amounts payable by Party A to Party B under or in connection with this Agreement or any Transaction governed by this Agreement, including, without limitation, any transfer or termination of any such Transaction.

  • Prepetition Collateral shall have the meaning provided in Section 3.1(b).

  • Account Collateral means, with respect to each Account, such Account, together with all cash, securities, Financial Assets and investments and other property from time to time deposited or credited to such Account and all proceeds thereof, including, with respect to the Reserve Fund, the Reserve Fund Deposit and the Reserve Fund Amount.