Discharge of Fixed Asset Obligations definition

Discharge of Fixed Asset Obligations means, except to the extent otherwise expressly provided in Section 5.5:

Discharge of Fixed Asset Obligations shall have the meaning provided in the Intercreditor Agreement.

Discharge of Fixed Asset Obligations has the meaning assigned to such term in the Term Loan Intercreditor Agreement.

Examples of Discharge of Fixed Asset Obligations in a sentence

• This authorization is coupled with an interest and is irrevocable until the Discharge of ABL Obligations and Discharge of Fixed Asset Obligations have occurred.

• Until the Discharge of Fixed Asset Obligations, the delivery of any Fixed Asset Priority Collateral to the Controlling Fixed Asset Collateral Agent pursuant to the applicable Fixed Asset Documents as bailee for the Pledgee shall satisfy any delivery requirement hereunder or under any other Secured Debt Agreement.

• Until the Discharge of Fixed Asset Obligations, the delivery of any Fixed Asset Priority Collateral to the Controlling Fixed Asset Collateral Agent pursuant to the applicable Fixed Asset Documents as bailee for the Pledgee shall satisfy any delivery requirement hereunder or under any other Loan Document.

• Until the Discharge of Fixed Asset Obligations, the delivery of any Term Priority Collateral to, or the control of any Term Priority Collateral by, the Fixed Asset Collateral Agent pursuant to the Fixed Asset Collateral Documents shall be deemed to satisfy any delivery or control requirement hereunder or under any other Security Document with respect to Term Priority Collateral.

• Until the Discharge of Fixed Asset Obligations, the delivery of any Fixed Asset Priority Collateral to the Controlling Fixed Asset Collateral Agent pursuant to the applicable Fixed Asset Documents as bailee for the Collateral Agent shall satisfy any delivery requirement hereunder or under any other Secured Debt Agreement.

More Definitions of Discharge of Fixed Asset Obligations

Discharge of Fixed Asset Obligations. – means, collectively, the Discharge of DIP Term Loan

Discharge of Fixed Asset Obligations has the meaning assigned to such term in the Term Loan Intercreditor Agreement. “Disposition” or “Dispose” means the sale, transfer, license, lease, division or other disposition (including any sale and leaseback transaction and any sale or issuance of Equity Interests in a Restricted Subsidiary) of any property by any Person, including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith. “Disqualified Equity Interests” means any Equity Interest that, by its terms (or by the terms of any security or other Equity Interests into which it is convertible or for which it is exchangeable), or upon the happening of any event or condition (a) matures or is mandatorily redeemable (other than solely for Qualified Equity Interests), pursuant to a sinking fund obligation or otherwise (except as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable and the termination of the Commitments and the termination of all outstanding Letters of Credit (unless the Outstanding Amount of the L/C Obligations related thereto has been Cash Collateralized, back-stopped by a letter of credit reasonably satisfactory to the applicable L/C Issuer or deemed reissued under another agreement reasonably acceptable to the applicable L/C Issuer)), (b) is redeemable at the option of the holder thereof (other than solely for Qualified Equity Interests and other than as a result of a change of control or asset sale so long as any rights of the holders thereof upon the occurrence of a change of control or asset sale event shall be subject to the prior repayment in full of the Loans and all other Obligations that are accrued and payable and the termination of the Commitments and the termination of all outstanding Letters of Credit (unless - 27-

Discharge of Fixed Asset Obligations means, except to the extent otherwise expressly provided in Sections 5.5 and 6.6, the Discharge of Notes Obligations and the Discharge of each additional Series of Fixed Asset Obligations has occurred.

Discharge of Fixed Asset Obligations means, except to the extent otherwise expressly provided in Section 5.5, (x) payment in full in cash of all Fixed Asset Obligations (other than contingent obligations or indemnification obligations, in each case for which no claim has been asserted) or (y) any discharge or legal defeasance of the Senior Secured Notes Indenture and each other Fixed Asset Document in accordance with the express terms thereof.

Discharge of Fixed Asset Obligations shall have the meaning given such term in the Intercreditor Agreement. “Domestic Corporation” shall have the meaning set forth in the definition of “Stock”. “Event of Default” shall mean any Event of Default under, and as defined in, the Credit Agreement. “Financial Asset” shall have the meaning given such term in Section 8-102(a)(9) of the UCC. “Fixed Asset Collateral Agent” shall have the meaning given such term in the Intercreditor Agreement. “Fixed Asset Document” shall have the meaning given such term in the Intercreditor Agreement. NEWYORK 9251668 (2K)

Discharge of Fixed Asset Obligations has the meaning assigned to such term in the Term Loan Intercreditor Agreement. “Disposition” or “Dispose” means the sale, transfer, license, lease, division or other disposition (including any sale and leaseback transaction and any sale or issuance of Equity Interests in a Restricted Subsidiary) of any property by any Person, including any sale, assignment, transfer or other disposal, with or without recourse, of any notes or accounts receivable or any rights and claims associated therewith. - 29-

Discharge of Fixed Asset Obligations has the meaning assigned to such term in the Closing Date ABL Intercreditor Agreement. “Equipment” means (a) any “equipment” as such term is defined in Article 9 of the UCC and in any event, shall include all machinery, equipment, furnishings, appliances, furniture, fixtures, tools, and vehicles now or hereafter owned by any Grantor in each case, regardless of whether characterized as equipment under the UCC and (b) any and all additions, substitutions and replacements of any of the foregoing and all accessions thereto, wherever located, whether or not at any time of determination incorporated or installed therein or attached thereto, and all replacements therefor, together with all attachments, components, parts, equipment and accessories installed thereon or affixed thereto.