Term Loan Lien definition
Term Loan Lien means any Lien created by the Term Loan Security Documents.
Term Loan Lien means a Lien granted by a Term Loan Document to the Collateral Trustee, at any time, upon any Term Loan Collateral by any Grantor to secure the Term Loan Obligations (including Liens on such Term Loan Collateral under the security documents associated with any Term Loan Substitute Credit Facility).
Term Loan Lien means any First Lien Term Loan Lien and any Second Lien Term Loan Lien.
Examples of Term Loan Lien in a sentence
The Company shall not, and shall not permit any of its Restricted Subsidiaries to, create, incur, assume or otherwise cause or suffer to exist or become effective any Term Loan Lien (other than Term Loan Permitted Liens) upon any of its property or assets, now owned or hereafter acquired.
Warrant and defend title to and ownership of the Pledged Collateral at its own expense against the claims and demands of all other parties claiming an interest therein, other than the claims of the REIT under the REIT Pledge Agreement and the Term Loan Lender under the Term Loan Pledge Agreement; keep the Pledged Collateral free from all Liens, other than the REIT Lien and the Term Loan Lien; and not sell, exchange, transfer, assign, lease or otherwise dispose of Pledged Collateral or any interest therein.
More Definitions of Term Loan Lien
Term Loan Lien means, with respect to any asset, any mortgage, lien, pledge, charge, security interest or encumbrance of any kind in respect of such asset, whether or not filed, recorded or otherwise perfected under applicable law (including any conditional sale or other title retention agreement, any lease in the nature thereof, any option or other agreement to sell or give a security interest in and any filing of or agreement to give any financing statement under the Uniform Commercial Code (or equivalent statutes) of any jurisdiction).
Term Loan Lien means a Lien granted by the Term Loan Security Documents to the Term Loan Agent at any time upon any property of any other Grantor to secure Term Loan Debt Obligations. “Term Loan Proceeds Notice” shall mean a written notice delivered by a Grantor or the Controlling Term Loan Agent to the Controlling ABL Agent (A) stating that specifically identifiable cash proceeds arising out of the disposition of Term Loan First Lien Collateral may be deposited in an account constituting ABL First Lien Collateral, (B) identifying the amount of such proceeds and specifying the Term Loan First Lien Collateral’s origin or source. “Term Loan Security Documents” means each agreement listed in Part B of Schedule 1 hereto and any other security agreements, pledge agreements, collateral assignments, mortgages, deeds of trust, control agreements, guarantees, notes or any other documents or instruments now existing or entered into after the date hereof that create, perfect or otherwise relate to Liens on any assets or properties of any Grantor or any of its Subsidiaries to secure any Term Loan Debt Obligations (including any such agreements, assignments, mortgages, deeds of trust and other documents or instruments associated with any Term Loan Substitute Facility). “Term Loan Secured Parties” means, at any time, the “Secured Parties” as defined in the Term Loan Security Documents (or any similar term of any Term Loan Substitute Facility). “Term Loan Substitute Facility” means any facility with respect to which the requirements contained in Section 2.10(a) of this Agreement have been satisfied, the proceeds of which are used to, among other things, Replace the Term Loan Credit Agreement. For the avoidance of doubt, no Term Loan Substitute Facility shall be required to be evidenced by notes or other instruments and may be a facility evidenced or governed by a credit agreement, loan agreement, note agreement, promissory note, indenture -13- or any other agreement or instrument; provided that any such Term Loan Substitute Facility shall be subject to the terms of this Agreement for all purposes (including the lien priority as set forth herein as of the date hereof) as the other Liens securing the Term Loan Debt Obligations are subject to under this Agreement. “Trademarks” shall mean, with respect to any Person, all of such Person’s right, title, and interest in and to the following: (a) all trademarks (including service marks), trade names, trade dress, and trade styles and the regis...
Term Loan Lien and "Chase Document" shall not include the Mortgage or the Assignment of Leases and Rents, and the Agent shall have no obligation to execute or deliver an Assignment of Mortgage to XXXXXXX as provided in Section 1(a) of this Agreement.
Term Loan Lien has the meaning specified therefor in the Intercreditor Agreement.
Term Loan Lien means any Lien created by the U.S. Guaranty and Security Agreement (as in effect on the date hereof or otherwise amended solely in accordance with this Agreement) granted or purported to be granted in favor of the Term Collateral Agent for the benefit of the Term Loan Secured Parties.