U.S. Collateral definition

U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.
U.S. Collateral means and include all “Collateral” (or any similarly defined term) as defined in any of the U.S. Security Instruments.
U.S. Collateral means all property (whether real, personal or otherwise) with respect to which any security interests have been granted or will be granted (or purported to be granted) pursuant to any Security Document governed by the laws of the United States (or any state thereof) (including any Additional Security Documents but excluding the Canadian Security Agreement), including, without limitation, all collateral as described in the U.S. Security Agreement.

Examples of U.S. Collateral in a sentence

  • This Section is not for the benefit of or enforceable by any US Obligor, and no US Obligor has any right to direct the application of payments or US Collateral proceeds subject to this Section.

  • Agent may from time to time adjust such report in its Permitted Discretion (a) to reflect Agent's reasonable estimate of declines in value of any US Collateral, due to collections received in any Dominion Account or otherwise; (b) to adjust #530954217_v1 advance rates to reflect changes in dilution, quality, mix and other factors affecting the US Collateral; and (c) to the extent any information or calculation does not comply with this Agreement or does not accurately reflect the US Availability Reserve.

  • The Lien on US Collateral granted hereunder is given as security only and shall not subject Agent or any Lender to, or in any way modify, any obligation or liability of Obligors relating to any Collateral.

  • Each US Incorporated Obligor irrevocably authorizes and directs each securities intermediary or other Person with which any securities account or similar investment property is maintained, if any, upon written instruction of the Agent (with a copy to the Borrower Agent), to dispose of such US Collateral at the direction of the Agent and comply with the instructions originated by Agent without further consent of any Obligor.

  • Subject to the Intercreditor Agreement, all certificates representing or evidencing any Investment Property or Equity Interests constituting US Collateral hereunder, shall be delivered to and held by or on behalf of #530954217_v1 Agent, shall be in suitable form for further transfer by delivery, and shall be accompanied by all instruments of transfer or assignment requested by Agent, duly executed in blank and in form and substance acceptable to Agent.


More Definitions of U.S. Collateral

U.S. Collateral means the “Collateral” (or any equivalent term) as defined in the U.S. Security Agreement or any other applicable U.S. Security Document, together with any other assets (whether Real Property or personal property) pledged pursuant to any U.S. Security Document.
U.S. Collateral means all of the U.S. Obligors’ personal property from time to time subject to the Agent’s Liens securing payment or performance of any Obligations pursuant to the U.S. Security Documents, other than Excluded Assets (as defined in the U.S. Security Agreement).
U.S. Collateral means any and all property of any US Loan Party subject to a Lien under any Collateral Document and any and all other property of any US Loan Party, now existing or hereafter acquired, that is or becomes subject to a Lien pursuant to any Collateral Document, in each case, to secure the US Secured Obligations, other than any Excluded Assets.
U.S. Collateral means the Collateral owned by (or, in the event such Collateral has been foreclosed upon, immediately prior to such foreclosure that was owned by) a U.S. Loan Party.
U.S. Collateral means the “Collateral” as defined in the U.S. Credit Agreement.
U.S. Collateral means all “Collateral” as defined in any Security Document, other than Canadian Collateral and the Australian Collateral.
U.S. Collateral means all the “U.S. Collateral” referred to in the Collateral Documents.