Remaining Collateral definition

Remaining Collateral means that portion of the Collateral that is not released pursuant to Section 7.1(i);
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Remaining Collateral means all of the Collateral other than the Released Stock.
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Remaining Collateral means assets having a fair market value measured as of the last day of the Follow-On Period of not less than an amount sufficient to cover any indemnity claims asserted in good faith in accordance with Section 7.3 or Article VIII against any of the Advisor Companies (assuming that the party asserting the claims prevails with respect to all such claims) before the end of the Follow-On Period to the extent those claims remain unresolved or unpaid; the amount reasonably sufficient to cover such indemnity claims shall be equal to Secured Party’s good faith estimate of such amount as specified in a notice executed by Secured Party and delivered to Custodian and Pledgor prior to the end of the Follow-On Period.
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Examples of Remaining Collateral in a sentence

  • The Remaining Collateral will be reviewed every thirty (30) days and adjusted as needed until such time as the terms of the Debenture are satisfied.

  • In that case, the ABL Facility shall have valid and perfected first priority liens on the Collateral and valid and perfected second priority liens (subject only to the liens securing the New Facility) on the Remaining Collateral.

  • Upon any such resignation, the remaining Joint Collateral Agent (the “Sole Remaining Collateral Agent”) shall perform all of the functions of the Joint Collateral Agents, and the retiring Joint Collateral Agent shall be discharged from its duties and obligations hereunder.

  • If the Liquidation Proceeds are insufficient to repay the then remaining Shortfall (including without limitation the reasonable costs incurred by the Lender in liquidating the Remaining Collateral (the “Lender Costs”)), the Lender hereby waives the Borrower’s obligation to repay such remaining Shortfall.

  • If and to the extent that such Remaining Collateral is insufficient to pay all of the Obligations, then, except as otherwise expressly provided hereunder, the Lender shall have no claim in respect of such insufficiency against the Grantors or any of their respective assets or properties.

  • Upon the release of SciClone's security interest in any of the Collateral Shares or Remaining Collateral Shares as provided in Section 7.1, SciClone shall deliver such Collateral Shares or Remaining Collateral Shares to Alpha or to such other Person or entity as it is directed by Alpha.

  • Upon the completion of the Repairs, Purchaser shall advise Seller in writing of (a) the actual amount spent by Purchaser to complete the Repairs (the "Repair Cost"), and (b) the amount of the Remaining Collateral Funds disbursed to Purchaser pursuant to the Completion Reserve Agreement, and shall provide evidence of same to Seller.

  • Table of Contents The fees payable by the Borrowers to the Sole Remaining Collateral Agent or Sole Successor Collateral Agent shall be the same as those payable to the Joint Collateral Agents unless otherwise agreed between the Borrowers and such Sole Remaining Collateral Agent or Sole Successor Collateral Agent, as the case may be.

  • The fees payable by the Company to the Sole Remaining Collateral Agent or Sole Successor Collateral Agent shall be the same as those payable to the Joint Collateral Agents unless otherwise agreed between the Company and such Sole Remaining Collateral Agent or Sole Successor Collateral Agent, as the case may be.

  • Pledgor may at any time propose that Secured Party accept substitute collateral in lieu of any of Pledgor’s portion of the Follow-On Collateral or Remaining Collateral as may be specified in writing by Pledgor.


More Definitions of Remaining Collateral

Remaining Collateral has the meaning assigned to such term in Section 9.20.
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Remaining Collateral means all the following property, whether now owned or existing or hereafter acquired or arising and regardless of where located: (i) the Pledged Deposit Account; (ii) all Copyrights and Copyright Licenses of the Debtor in respect of the Subject Titles; (iii) all Trademark and Trademark Licenses of the Debtor in respect of Subject Titles; and (iv) all Proceeds of the Remaining Collateral described in the foregoing clauses (i) through (iii).
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Remaining Collateral means all Collateral other than the Seller Collateral and the Kabaker Collateral.
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Related to Remaining Collateral

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.

  • 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.

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • 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.

  • UCC Collateral is defined in Section 3.03.