Definition of Term Loan Exclusive Real Property


Term Loan Exclusive Real Property means (a) the real property listed on Schedule 1 attached hereto on which an Obligor has granted a Term Loan Mortgage and (b) any Material Real Property (as defined in the Term Loan Agreement) located in New York or Illinois that, from time to time, may become subject to a Lien in favor of the Term Loan Collateral Agent in accordance with the Term Loan Documents, in each case of clauses (a) and (b), including improvements thereon, fixtures thereto, dedicated processing equipment used thereat (other than Rolling Stock), minerals contained therein before extraction, and substitutions, replacements, products, insurance proceeds with respect to and other proceeds of the foregoing; provided, however, in no event shall the Term Loan Exclusive Real Property include the Term Loan First Lien Mortgaged Property.

Examples of Term Loan Exclusive Real Property in a sentence

Nothing in this Agreement shall limit or otherwise govern the actions of the Term Loan Collateral Agent with respect to any Term Loan Exclusive Real Property.