Term Priority Collateral definition
Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.
Term Priority Collateral has the meaning set forth in the ABL Intercreditor Agreement.
Term Priority Collateral means “Term Loan Priority Collateral” as defined in the Intercreditor Agreement.
Examples of Term Priority Collateral in a sentence
If an Event of Default exists, only Agent may settle, adjust and compromise such claims with respect to Collateral (subject to the Intercreditor Agreement with respect to any Term Priority Collateral).
More Definitions of Term Priority Collateral
Term Priority Collateral means all Collateral other than ABL Priority Collateral.
Term Priority Collateral means all Collateral consisting of the following (including for the avoidance of doubt, any such assets that, but for the application of Section 552 of the Bankruptcy Code (or any similar provision of any foreign Debtor Relief Laws) would be Term Priority Collateral):
Term Priority Collateral means all Collateral other than Revolver Priority Collateral.
Term Priority Collateral means “Non-Intercreditor Collateral” as defined in the ABL Intercreditor Agreement.
Term Priority Collateral shall have the meaning assigned to such term in the ABL/Term Loan Intercreditor Agreement.
Term Priority Collateral means the “Fixed Asset Collateral” as defined in the Closing Date ABL Intercreditor Agreement.
Term Priority Collateral means the “Term Priority Collateral” as defined in the ABL/Term Loan Intercreditor Agreement.