Revolving Loan Collateral definition

Revolving Loan Collateral means the portion of the Pledged Mortgage Assets included in the Collateral with respect to which Revolving Loans (if any) are calculated and determined.

Revolving Loan Collateral means all assets and properties of any Obligor or its estate of any kind whatsoever, real or personal, tangible or intangible and wherever located (including any stock, partnership interest, membership interests or other equity securities), whether now owned or hereafter acquired, upon which a Lien is now or hereafter granted or purported to be granted by such Person in favor of any or all of the Revolving Loan Creditors, as security for all or any part of the Revolving Loan Obligations, and the Proceeds (including insurance proceeds) thereof.

Revolving Loan Collateral means all Collateral except for the Noteholder Motor Vehicle Collateral.

Examples of Revolving Loan Collateral in a sentence

• With respect to requirements for additional Revolving Loans on existing Revolving Loan Collateral under Section 2.1(b)(iv), all requirements and conditions of such Section are satisfied.

• In the event that Revolving Agent is unable to exercise its rights as a secured creditor as a result of any stay in any Insolvency Proceeding or of any temporary restraining order or preliminary injunction with respect to any Obligor, any Revolving Loan Collateral or Revolving Agent, such Access Period shall be extended by the number of days that the Revolving Agent’s or its designees’ access to the Revolving Loan Collateral has been prevented.

• Olinda Star’s scheme of arrangement was approved by the BVI court in February 2020.

• No Revolving Loan shall be made by any Revolving Lender if (i) such Revolving Loan and the Revolving Loan Collateral therefor are not approved by the Administrative Agent in its discretion, (ii) before or after giving effect to such Revolving Loan, the Availability is or would be negative and (iii) the conditions to Extensions of Credit in Section 4.2 are not satisfied.

• The Protocol includes guidance on cultural protocols to be observed, such as directions not to interrupt Ceremonies around the Sacred Fire, and to refrain from walking on an Indigenous flag on the ground.

More Definitions of Revolving Loan Collateral

Revolving Loan Collateral means any and all property owned or leased by a Loan Party that is subject to a first priority security interest or Lien in favor of the administrative agent for the Revolving Lenders, on behalf of itself and the other secured parties under the Revolving Loan Documents, to secure the Revolving Obligations.

Revolving Loan Collateral the “Revolving Loan Collateral” as defined in the Intercreditor Agreement.

Revolving Loan Collateral means the accounts, inventory and other assets of Debtor as described on Schedule 1.18 hereto in or upon which Collateral Agent at any time has a Lien.

Revolving Loan Collateral means all Accounts, Cash Equivalents and General Intangibles of each Credit Party.

Revolving Loan Collateral means all Accounts, Cash Equivalents and General Intangibles of each Credit Party. “Revolving Note” has the meaning ascribed to it in Section 2.2.

Revolving Loan Collateral shall have the meaning set forth in the Intercreditor Agreement.

Revolving Loan Collateral shall have the meaning set forth for “Collateral” in section 5.1 of the Revolving Loan Agreement as in effect on the date hereof.