Specified Excluded Collateral definition
Specified Excluded Collateral means, solely with respect to any Series of Other First Lien Obligations, any asset that is not intended to be collateral with respect to such Series pursuant to the terms of the Other First Lien Agreement governing such Series (including the Regulation S-X Excluded Collateral to the extent applicable to such Series in accordance with the last paragraph of Section 3.01).
Specified Excluded Collateral shall have the meaning given such term by the Collateral Agreement. For the avoidance of doubt, Specified Excluded Collateral with respect to the Secured Notes includes the Regulation S-X Excluded Collateral and the Capital Stock of the New Parent.
Specified Excluded Collateral means (i) the Rule 3-16 Excluded Collateral and (ii) any assets owned directly by Holdings or any Subsidiary of Holdings that is not the Company or a Subsidiary of the Company included in the Collateral.
More Definitions of Specified Excluded Collateral
Specified Excluded Collateral means any Pledged Stock or other Collateral (each as defined in the Collateral Agreement) the pledge of, or grant of security interest in, which to secure the Notes Obligations requires the approval of the Nevada Gaming Control Board, the Nevada Gaming Commission or the New Jersey Division of Gaming Enforcement until such time, if any, that all such applicable approvals with respect to such Pledged Stock and other Collateral are obtained; provided, however, that from and after the date that all such approvals are obtained, (a) this definition shall automatically terminate and be of no further force or effect, and (b) such Pledged Stock and other Collateral shall no longer constitute “Specified Excluded Collateral”, and thereafter, shall be pledged in all respects to the extent required pursuant to the Collateral Agreement.
Specified Excluded Collateral means, solely with respect to any Series of Other First Lien Obligations, any asset (in addition to those specified in clause (i) of the definition of “Excluded Assets”) that is not intended to be collateral with respect to such Series pursuant to the terms of the Other First Lien Agreement governing such Series (including the Regulation S-X Excluded Collateral to the extent applicable to such Series in accordance with the last paragraph of Section 2.01). “Subsidiary Guarantor” means any subsidiary set forth on Schedule I and any subsidiary that becomes a party hereto pursuant to Section 5.16 (other than any subsidiary excluded pursuant to clause (ii) of the definition of Pledgor with respect to the applicable Series of Other First Lien Obligations). 7
Specified Excluded Collateral means, solely with respect to any Series of Other First Lien Obligations, any asset (in addition to those specified in clause (A) and clause (B) of the definition of “Excluded Property”) that is not intended to be collateral with respect to such Series pursuant to the terms of the Other First Lien Agreement governing such Series (including the
Specified Excluded Collateral has the meaning set forth in the Collateral Agreement.