Third Lien Collateral definition

Third Lien Collateral means all “Collateral”, as defined in any Third Lien Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure, but only to the extent securing, any Third Lien Obligations.
Third Lien Collateral means all of the Collateral consisting of personal property and securing the Term Loan Obligations other than the ABL Priority Collateral.
Third Lien Collateral means the Collection Account, the CBO-2 Bonds and the CMBS Corp. Pledged Stock.

Examples of Third Lien Collateral in a sentence

  • He has also acted in a high value (£100m+) dispute in relation to a nuclear submarine.Gideon regularly acts in domestic and international arbitrations (including those administered by the ICC) and in the High Court and county courts for both residential and commercial clients.

  • The Priority Lien Agent is hereby authorized to make any such endorsements as agent for the Second Lien Collateral Trustee, any other Second Lien Secured Party, the Third Lien Collateral Trustee or any other Third Lien Secured Party, as applicable.

  • Mitigation Measures E-1 and E-2 would be implemented to ensure that any contaminated soils or USTs that are encountered are treated in accordance with applicable regulations.

  • Each of the Priority Lien Agent, the Second Lien Collateral Trustee and the Third Lien Collateral Trustee represents and warrants to the other parties hereto that it is authorized under the Priority Credit Agreement, the Second Lien Collateral Trust Agreement and the Third Lien Collateral Trust Agreement, as the case may be, to enter into this Agreement.

  • None of the Priority Lien Agent, the Second Lien Collateral Trustee or the Third Lien Collateral Trustee shall have any liability or responsibility for the actions or omissions of any other Secured Party, or for any other Secured Party’s compliance with (or failure to comply with) the terms of this Agreement.


More Definitions of Third Lien Collateral

Third Lien Collateral means the CBO-2 Bonds and the CMBS Corp. Pledged Stock. [Series B only]
Third Lien Collateral means all of the assets of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted (or has been purported to be granted) as security for any Third-Lien Obligations.
Third Lien Collateral means any “Collateral” as defined in any Third Lien Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted or required to be granted pursuant to a Third Lien Document as security for any Third Lien Obligation and shall include any property or assets subject to replacement Liens or adequate protection Liens in favor of any Third Lien Secured Party.
Third Lien Collateral means any “Collateral,” “Pledged Revenue” or similar term as defined in any Third Lien Notes Document or any other assets of Borrower or any other Grantor with respect to which a Lien is granted, purported to be granted, or required to be granted, pursuant to a Third Lien Notes Document as security for any Third Lien Obligations and shall include any property or assets subject to replacement Liens or adequate protection Liens in favor of any Third Lien Claimholder.
Third Lien Collateral means all of the Property of any Obligor now owned or
Third Lien Collateral means, collectively, the Parent Third Lien Collateral and the Spinco Third Lien Collateral.
Third Lien Collateral means any “Badcock Collateral,” “Pledged Collateral” or similar term as defined in any Third Lien Loan Document or any other assets of the Company with respect to which a Lien is granted, purported to be granted or required to be granted pursuant to a Third Lien Loan Document as security for any Third Lien Obligations and shall include any property or assets subject to replacement Liens or adequate protection Liens in favor of any Third Lien Claimholder; provided that, for the avoidance of doubt and solely for purposes of this Agreement, “Third Lien Collateral” shall not include any Collateral (as defined in each of the First Lien Credit Agreement, the Second Lien Credit Agreement, the Third Lien Credit Agreement and the Fourth Lien Credit Agreement).