Definition of Term Debt Collateral Release Date

  1. Term Debt Collateral Release Date means the date on which the Administrative Agent releases its Liens in the Term Debt Priority Collateral and the Equity Interests issued by each Unrestricted Subsidiary (other than a Receivables Entity) under the terms of Section 9.02(d).

Examples of Term Debt Collateral Release Date in a sentence

  1. At any time prior to the Term Debt Collateral Release Date, Liens on the Collateral securing Pari Passu Indebtedness incurred pursuant to Section 6.01(q) to the extent subject to the Intercreditor Agreement and after the Term Debt Collateral Release Date, Liens on the Term Debt Priority Collateral securing Indebtedness incurred pursuant to Section 6.01(v);

Definition of Term Debt Collateral Release Date in Second Amended and Restated Credit Agreement

Term Debt Collateral Release Date means the date on which the Administrative Agent releases its Liens in the Term Debt Priority Collateral and the Equity Interests issued by each Unrestricted Subsidiary (other than a Receivables Entity) under the terms of Section 9.02(d).