Third Party Collateral definition
Third Party Collateral means any property of any Person other than Borrower which secures payment or performance of any Liabilities.
Third Party Collateral has the meaning set forth in Section 2.18(c)(iii).
Third Party Collateral means any Property or assets of any Obligor other than the Borrower which now or at any time hereafter secure the payment or performance of any of the Borrower's Obligations. Total Revolving Credit Commitment shall have the meaning ascribed thereto in Section 3.1.
Examples of Third Party Collateral in a sentence
The termination or cancellation of the Credit shall not affect or impair the liabilities and obligations of Borrower or any one or more of the Obligors to Lender or Lender's rights with respect to any Loans and advances made and other Liabilities incurred prior to such termination or with respect to the Collateral or any Third Party Collateral.
All financing statements, mortgages and other documents relating to the Collateral and Third Party Collateral shall have been filed or recorded, as appropriate.
The Lien in the Collateral and Third Party Collateral granted to the Lender to secure the Obligations shall be senior, perfected Liens except as otherwise agreed by the Lender.
All of Lender's rights and remedies, the liens and security interests of Lender in the Collateral and the Third Party Collateral and all of Borrower's duties and obligations under this Agreement shall survive termination of the Credit extended to Borrower hereunder until all of the Liabilities have been finally paid and performed in full.
The Revolving Loans and all other Loans under this Agreement shall constitute one Loan, and all Indebtedness and other Liabilities of Borrower to Lender under this Agreement and any of the Related Agreements shall constitute one general obligation secured by Lender's Lien on all of the Collateral and Third Party Collateral and by all other Liens heretofore, now, or at any time or times hereafter granted by Borrower or any other Obligor to Lender.
More Definitions of Third Party Collateral
Third Party Collateral means collateral deposited by the Issuer with a third party as security for any reimbursement or indemnification obligations to any other lender under a Senior Loan, Second Lien Loan or Mezzanine Obligation and unless otherwise specified in relation thereto, the amount of such collateral shall be equal to the notional amount of such Senior Loan, Second Lien Loan or Mezzanine Obligation.
Third Party Collateral means any Property or assets of any Obligor other than a Borrower which now or at any time hereafter secure the payment or performance of any of Borrowers' Obligations. Transaction Documents shall mean this Agreement, the Note, the Security Agreements, the Deed of Trust, the Pledge Agreements, any Letter of Credit Application and all other agreements, documents and instruments heretofore, now or hereafter delivered to Bank with respect to or in connection with or pursuant to this Agreement, any Loans made hereunder or any other of Borrowers' Obligations, and executed by or on behalf of any of the Borrowers, all as the same may from time to time be amended, modified, extended or renewed. Treasury Margin shall mean Two and One-Half Percent (2.50%) up to and including May 31, 1998, and thereafter, commencing on the first day of the second month following each fiscal quarter-end or fiscal year-end, the "Treasury Margin" shall, based upon Agri-Nutrition's ratio of consolidated Indebtedness to Consolidated Tangible Net Worth as of the end of the immediately preceding quarter (or fiscal year) determined by reference to Agri-Nutrition's quarter-end (or fiscal year-end) financial statements for such preceding fiscal quarter-end or fiscal year-end, (i.e., for the period beginning June 1, 1998 by referencing Agri-Nutrition's April 30, 1998 fiscal quarter-end financial statements), mean the following:
Third Party Collateral means any Property or assets of any Obligor other than the Borrower which now or at any time hereafter secure the payment or performance of any of the Borrower's Obligations. Total Reducing Revolver Commitment shall have the meaning ascribed thereto in Section 3.1. Trademark Assignment shall mean the Trademark Collateral Assignment and Security Agreement executed by Borrower and delivered to Agent for the benefit of each of the Lenders pursuant to Section 5.2, as the same may from time to time be amended. Transaction Documents shall mean this Agreement, the Notes, the Security Agreement, the Trademark Assignment, the Pledge Agreements, any Letter of Credit Application, the Subsidiary Guaranties, the Subsidiary Security Agreements, the Subsidiary Pledge Agreements and all other agreements, documents and instruments heretofore, now or hereafter delivered to Agent or any of the Lenders with respect to or in connection with or pursuant to this Agreement, any Loans made or Letters of Credit issued hereunder or any other of the Borrower's Obligations, and executed by or on behalf of the Borrower or any of its Subsidiaries, all as the same may from time to time be amended, modified, extended or renewed.
Third Party Collateral means any Property or assets of any Obligor other than Borrower which now or at any time hereafter secure the payment or performance of any of Borrower's Obligations. Transaction Documents shall mean this Agreement, the Notes, the Patent, Trademark and License Security Agreement, the Security Agreements, the Kansas Assignment of Leases and Rents, the Kansas Mortgage, the Missouri Deed of Trust, the Oklahoma Assignment of Leases and Rents, the Oklahoma Mortgage, and all other agreements, documents and instruments heretofore, now or hereafter delivered to Bank with respect to or in connection with or pursuant to this Agreement, any Loans made hereunder or any other of Borrower's Obligations, and executed by or on behalf of Borrower, all as the same may from time to time be amended, modified, extended or renewed.
Third Party Collateral means, collectively, all collateral securing the obligations of tenants under the Real Property Leases, including all security deposits held by any Seller under any of the Real Property Leases.
Third Party Collateral means collateral deposited by the Issuer with a third party as security for any reimbursement or indemnification obligations to any other lender under a Senior Loan, U.S. Second Lien Loan or Mezzanine Loan which is a Revolving Obligation or a Delayed Drawdown Obligation.
Third Party Collateral means any Property of any Obligor other than Borrower which now or at any time hereafter secure the payment or performance of any of Borrower’s Obligations and/or any Guarantee thereof. Transaction Documents shall mean this Agreement, the Judicial Reference Agreement, the Note, the Security Agreement, the Patent, Trademark and License Security Agreement, and any and all other agreements, documents and instruments heretofore, now or hereafter delivered to Lender with respect to or in connection with or pursuant to this Agreement, any Loans made hereunder, any of Borrower’s Obligations and/or any Guarantee of any of Borrower’s Obligations, and executed by or on behalf of Borrower and/or any other Obligor, including, without limitation, any agreement, document or instrument heretofore, now or hereafter executed by Borrower with or in favor of Lender providing for any interest rate swap, interest rate cap or other interest rate hedge, all as the same may from time to time be amended, modified, extended, renewed or restated.