Specified Fixed Asset Collateral definition

Specified Fixed Asset Collateral means, as of any date of determination, any real property, equipment and other fixed assets then owned by a Loan Party, including, without limitation, the Real Property Collateral, to the extent such real property, equipment or other fixed assets are not the subject of a Lien (other than Permitted Covenant Liens).
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Specified Fixed Asset Collateral means, with respect to any Loan Party, such Loan Party’s:
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Specified Fixed Asset Collateral means all Equipment owned by any Grantor from time to time located on the Mortgaged Property (but only while located on the Mortgaged Property), other than rolling stock.
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Examples of Specified Fixed Asset Collateral in a sentence

  • By its signature hereto, each Obligor hereby authorizes the Agent to file against such Obligor one or more financing, continuation, or amendment statements pursuant to the Uniform Commercial Code to perfect Liens in the Collateral securing Obligations arising hereunder in form and substance satisfactory to the Agent (which may describe the Collateral with such words as “all assets” or other words of similar effect so long as the Specified Fixed Asset Collateral is stated to be specifically excluded).


More Definitions of Specified Fixed Asset Collateral

Specified Fixed Asset Collateral means, as of any date of determination, (a) any real property, equipment and other fixed assets then owned by a Loan Party, including, without limitation, the Real Property Collateral, to the extent such real property, equipment or other fixed assets are not the subject of a Lien (other than (i) Permitted Liens that do not secure Indebtedness and (ii) Permitted Liens incurred pursuant to clause (m) of the definition of "Permitted Liens") in favor of a Person other than the Collateral Agent, and (b) the aggregate value of the units of the MLP owned by the Borrower, based on the lowest publicly quoted share price at the opening of business on such date of determination, discounted by 30%.
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Related to Specified Fixed Asset Collateral

  • UCC Collateral is defined in Section 3.03.

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

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

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

  • Specified Asset as defined in subsection 4.2.2 hereof.

  • Specified Assets the following property and assets of such Grantor:

  • Equivalent Collateral means, with respect to any security constituting Posted Collateral, a security of the same issuer and, as applicable, representing or having the same class, series, maturity, interest rate, principal amount or liquidation value and such other provisions as are necessary for that security and the security constituting Posted Collateral to be treated as equivalent in the market for such securities;

  • 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.

  • Real Property Collateral means the parcel or parcels of Real Property identified on Schedule R-1 and any Real Property hereafter acquired by Borrower.

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

  • 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.

  • 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.

  • Hedge Collateral Defined in Section 5.3(b).

  • Closing Date Mortgaged Property as defined in Section 3.1(i).

  • Patent Collateral means all Patents, whether now owned or hereafter acquired by the Company that are associated with the Business.

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

  • Swap Collateral means all right, title and interest of Party B in this Agreement, each Transaction hereunder, and all present and future amounts payable by Party A to Party B under or in connection with this Agreement or any Transaction governed by this Agreement, including, without limitation, any transfer or termination of any such Transaction.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

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

  • Sale and Servicing Agreement Collateral shall have the meaning set forth in Section 2.4.

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

  • Canadian Collateral means any and all property owned, leased or operated by a Person covered by the Canadian Collateral Documents and any and all other property of any Canadian 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 Canadian Secured Obligations.

  • Security Amount means an amount equal to: