Pre-Petition Lender Collateral definition

Pre-Petition Lender Collateral means all of the collateral in which the Loan Parties granted Liens pursuant to the Pre-Petition Credit Agreement to secure the amounts payable to the Pre-Petition Lenders under the Pre-Petition Credit Agreement to the extent that such Liens are valid, perfected and nonavoidable.
Sample 1
Pre-Petition Lender Collateral means all of the assets of the Existing Foreign Subsidiaries and the Domestic Non-Debtor whether real, personal or mixed, in which the Pre-Petition Lenders or the Pre-Petition Agent or any of them now or hereafter holds a Lien as security for any Pre-Petition Lender Claim.
Sample 1
Pre-Petition Lender Collateral means any property of any of the Debtors in which Wachovia, in its capacity as collateral agent for the Pre-Petition Lenders, obtained a lien or security interest pursuant to the Pre-Petition Loan Documents.
Sample 1

Examples of Pre-Petition Lender Collateral in a sentence

  • The Pre-Petition Agent agrees that each Pre-Petition Lender Collateral Document shall be deemed to include, without further amendment, the following language: Notwithstanding anything herein to the contrary, the liens and security interests granted to the Pre-Petition Agent and the exercise of any right or remedy by the Pre-Petition Agent hereunder are subject to the provisions of the Intercreditor Agreement, dated as of April 15, 2002 (the "Intercreditor Agreement") among Citicorp USA, Inc.

  • As set out in the commentary which relates to SA1 (Community Cohesion), this spatial strategy will result in some settlements expanding by more than 10% of their current size within the plan period.

  • W hile this did not earn a cent for any of the investors, it definitely changed the defendants’own lifestyles.Id. at 859 -860 .

  • Despite a decentralization program for water supply and provision for cost sharing in most rural and irrigation programs, Government remained far and away the dominant financier.

Related to Pre-Petition Lender Collateral

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

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

  • Prepetition Collateral shall refer to (i) all of the Borrower’s personal property upon which a security interest may be granted under the Uniform Commercial Code, (ii) all of the Borrower’s real property, (iii) all of the Borrower’s assets in or upon which a lien or other security interest has otherwise been granted in favor or for the benefit of the Prepetition Agent and the Prepetition Lenders in connection with, pursuant to, or under, the Prepetition Credit Agreement and the other Prepetition Financing Documents, and (iv) any of the Borrower’s assets otherwise held by the Prepetition Agent or any Prepetition Lender or otherwise provided to the Prepetition Agent or any Prepetition Lender as security for the Prepetition Indebtedness, in each case that existed as of the Petition Date or at any time prepetition and, subject to section 552 of the Bankruptcy Code, postpetition proceeds, products, offspring, rents and profits of all of the foregoing.

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

  • Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any mortgage, deed of trust, security agreement, pledge agreement, assignment or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.

  • Additional First Lien Obligations means, with respect to any Series of Additional First Lien Obligations, (a) all principal of, and interest (including, without limitation, any interest which accrues after the commencement of any Bankruptcy Case, whether or not allowed or allowable as a claim in any such proceeding) payable with respect to, such Additional First Lien Obligations, (b) all other amounts payable to the related Additional First Lien Secured Parties under the related Additional First Lien Documents and (c) any renewals of extensions of the foregoing.

  • Second Lien Loan Documents means the Second Lien Credit Agreement and the other “Loan Documents” as defined in the Second Lien Credit Agreement.

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

  • Additional First Lien Secured Party means the holders of any Additional First-Lien Obligations and any Authorized Representative with respect thereto, and shall include the Initial Additional First-Lien Secured Parties.

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

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

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

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

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

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Initial Additional First Lien Obligations means the [Obligations] as such term is defined in the Initial Additional First-Lien Security Agreement.

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations and any Priority Debt Representatives.

  • Term Loan Obligations means the “Obligations” as defined in the Term Loan Credit Agreement.

  • ABL Loan Documents means the “Loan Documents” as defined in the ABL Credit Agreement.

  • Second Lien Obligations means the “Obligations” as defined in the Second Lien Credit Agreement.

  • 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.

  • Second Lien Loan A Mortgage Loan secured by a second lien Mortgage on the related Mortgaged Property.

  • 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 Company 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.

  • Second Lien 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 Second Lien Obligations.

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.