Tranche B Collateral definition

Tranche B Collateral shall have the meaning set forth in Section 4.01(c) hereof.

Tranche B Collateral means all of each Borrower's now owned or hereafter acquired right, title and interest in and to (a) any and all Gaming Equipment or other Equipment, the purchase of which was financed, in full or in part, with proceeds of one or more Tranche B Advances, and (b) the proceeds and products, whether tangible or intangible of any of the foregoing, including proceeds of insurance coverage of any and all of the foregoing.

Tranche B Collateral as defined in Section 2(b)(i) of the Collateral Assignment Agreement.

Examples of Tranche B Collateral in a sentence

• Pursuant to the Tranche A Collateral Documents and the Tranche B Collateral Documents, the Company has agreed to pledge and grant security interests in the Collateral as security for the Tranche A Obligations and the Tranche B Obligations, respectively.

• Each Tranche A Lender authorizes the Tranche A Collateral Agent to enter into such subordination and other agreements as the Tranche A Collateral Agent deems appropriate, or as the Tranche B Collateral Agent may reasonably request, in order to evidence the priority of the Tranche B Collateral Agent’ s Lien in the Tranche B Collateral to the Tranche A Collateral Agent’s Lien therein, and each of the Tranche A Lenders agrees that it will be bound by all such agreements of the Tranche A Collateral Agent.

• If no successor Tranche B Collateral Agent is appointed prior to the effective date of the resignation of the Tranche B Collateral Agent, the Tranche B Collateral Agent may, after consulting with the Tranche B Lenders, appoint a successor Tranche B Collateral Agent.

• In any such event, upon the acceptance of its appointment as successor the Tranche B Collateral Agent hereunder, such successor Tranche B Collateral Agent shall succeed to all the rights, powers, and duties of the retiring Tranche B Collateral Agent and the term “ Tranche B Collateral Agent” shall mean such successor Tranche B Collateral Agent and the retiring Tranche B Collateral Agent’s appointment, powers, and duties as the Tranche B Collateral Agent shall be terminated.

• Each Tranche B Lender hereby further authorizes the Tranche B Collateral Agent to act as the secured party under each of the Tranche B Collateral Documents that create a Lien on any item of Tranche B Collateral.

More Definitions of Tranche B Collateral

Tranche B Collateral means amounts or securities deposited by Xxxxxxx in an account subject to the security interest of the Interim Mall Lender pursuant to the terms of the Tranche B Collateral Security Agreement.

Tranche B Collateral means all Collateral upon which a Lien is granted to the Collateral Agent pursuant to the Tranche B Pledge and Security Agreement or otherwise by the Tranche B Loan Parties.

Tranche B Collateral means all Collateral located in any state other than the States of California and Florida.

Tranche B Collateral means, collectively, the Borrower Collateral, the TNP REIT Collateral and the Parent Collateral, excluding therefrom any and all rights in and relating to the Borrower’s, Parent’s and TNP REIT’s ownership of Parent and a Borrower, as applicable, and as more particularly described in the applicable Pledge Agreement.

Tranche B Collateral means amounts or securities deposited by Adelson in an acxxxxx xo the security interest of Lender pursuant to the terms of the Tranche B Guaranty and Security Documents.

Tranche B Collateral means the “Collateral” as defined in the Tranche B Facility Indenture.

Tranche B Collateral means the Cash Collateral.