Released Collateral Assets definition

Released Collateral Assets means any Senior Loan Collateral Asset that is repurchased by a Senior Borrower pursuant to the applicable Senior Loan Documents and as to which the applicable Senior Lender no longer has any ownership rights, security interest or other claim or interest. At Mezzanine Lender’s request, and to the extent permitted by the applicable Collateral Asset Loan Documents, any Released Collateral Assets shall be distributed or conveyed by the applicable Senior Borrower to AssetCo; provided that Borrower shall have the right, without Mezzanine Lender’s consent, and to the extent permitted by the applicable Collateral Asset Loan Documents, to distribute or convey the applicable Released Collateral Assets to AssetCo.
Sample 1

Examples of Released Collateral Assets in a sentence

  • The Collateral Agent shall arrange that the delivery, transfer or assignment of the Released Collateral Assets by the Custodian (on behalf of the Issuer) to any party would not require or cause the Issuer to assume, and would not subject the Issuer to, any obligation or liability (other than immaterial, non-payment obligations).

  • Notwithstanding the foregoing, any Release shall be subject (i) to compliance with all relevant laws, regulations and directives, (ii) to the terms of the Released Collateral Assets and (iii) to the Counterparty paying any costs and expenses (including, without limitation, any stamp duty or other tax) payable in connection with such Release.

  • The Collateral Obligations and/or the Cash Collateral comprising the Collateral Assets referred to in (a) and (b) above are "Released Collateral Assets".

  • Notwithstanding the foregoing, any Release shall be subject (i) to compliance with all relevant laws, regulations and directives, (ii) to the terms of the Released Collateral Assets and (iii) to the Counterparty paying any costs and expenses(including, without limitation, any stamp duty or other tax) payable in connection with such Release.

  • These costs are being requested from the balance of funds held by the 5-2-1 Drainage Authority rather than each additional partnering agency.

  • Notwithstanding the foregoing, any Release shall be subject (i) to compliance with all relevant laws, regulations and directives, (ii) to the terms of the Released Collateral Assets and (iii) to the Counterparty paying any costs and expenses (including, without limitation, any stamp duty or other tax) payable in connection with suchRelease.

  • Notwithstanding the foregoing, any Release shall be subject (i) to compliance with all relevant laws,regulations and directives, (ii) to the terms of the Released Collateral Assets and (iii) to the Counterparty paying any costs and expenses (including, without limitation, any stamp duty or other tax) payable in connection with such Release.

  • The Collateral Agent shall arrange that the delivery, transfer or assignment of the Released Collateral Assets by the Custodian (on behalf of the Issuer) to any party would not require or cause the Issuer to assume, and would notsubject the Issuer to, any obligation or liability (other than immaterial, non-payment obligations).

  • Any deviation from the guidelines issued by the ICMR in respect of the temporary prisons can only be on account of security concern or under some exceptional circumstance.

  • Buyer has all necessary corporate power and authority to enter into this Agreement and the Ancillary Documents to which Buyer is a party, to carry out its obligations hereunder and thereunder and to consummate the Transactions.

Related to Released Collateral Assets

  • 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.

  • As-Extracted Collateral means “as-extracted collateral” as such term is defined in the Uniform Commercial Code as in effect on the date hereof in the State of New York.

  • Combined Collateral LLC: Combined Collateral LLC, a Delaware limited liability company.

  • Permitted Collateral Liens means any “Permitted Liens” other than Liens specified in clauses (2), (3), (4), (5), (14) or (18) of the definition of “Permitted Liens.”

  • UCC Collateral is defined in Section 3.03.

  • Excluded Property shall have the meaning set forth in the Security Agreement.

  • 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.

  • Pledged or Controlled Collateral has the meaning assigned to such term in Section 5.05(a).

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • Excluded Collateral shall have the meaning assigned to such term in the Security Agreement.

  • Pledged Collateral has the meaning assigned to such term in Section 2.01.

  • Current Asset Collateral means all the “ABL Priority Collateral” as defined in the ABL Intercreditor Agreement.

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

  • Contested Collateral Lien Conditions means, with respect to any Permitted Lien of the type described in clauses (a), (b), (e) and (f) of Section 6.02, the following conditions:

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • Foreign Collateral means that portion of the Collateral securing the Foreign Obligations.

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

  • Threshold Event Collateral shall have the meaning assigned to such term in Section 5(g).

  • Excluded Perfection Assets means, collectively:

  • Additional Pledged Collateral means all shares of, limited and/or general partnership interests in, and limited liability company interests in, and all securities convertible into, and warrants, options and other rights to purchase or otherwise acquire, stock of, either (i) any Person that, after the date of this Agreement, as a result of any occurrence, becomes a direct Subsidiary of any Grantor or (ii) any issuer of Pledged Stock, any Partnership or any LLC that are acquired by any Grantor after the date hereof; all certificates or other instruments representing any of the foregoing; all Security Entitlements of any Grantor in respect of any of the foregoing; all additional indebtedness from time to time owed to any Grantor by any obligor on the Pledged Notes and the instruments evidencing such indebtedness; and all interest, cash, instruments and other property or Proceeds from time to time received, receivable or otherwise distributed in respect of or in exchange for any or all of the foregoing, provided, that, in no event shall Additional Collateral include any Excluded Equity. Additional Pledged Collateral may be General Intangibles or Investment Property.

  • Stock Collateral means, collectively, the Collateral described in clauses (a) through (c) of Section 3 hereof and the proceeds of and to any such property and, to the extent related to any such property or such proceeds, all books, correspondence, credit files, records, invoices and other papers.

  • ABL Collateral Documents means all “Security Documents” as defined in the Original ABL Credit Agreement, and all other security agreements, mortgages, deeds of trust and other collateral documents executed and delivered in connection with any ABL Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted securing any ABL Obligations or under which rights or remedies with respect to such Liens are governed, in each case as the same may be amended, supplemented, waived or modified from time to time.

  • 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.

  • ABL Collateral Agent means JPMorgan Chase Bank, N.A., in its capacity as collateral agent for the ABL Facility Secured Parties, together with its successors and permitted assigns under the ABL Facility Agreement and the ABL Facility Collateral Documents.