Pari Passu Collateral definition

Pari Passu Collateral means all of the assets of any Obligor (other than the Capital Stock or assets of Guarantors that hold the Company’s 24 GHz or 39 GHz FCC Licenses), whether real, personal or mixed, with respect to which a Lien is granted as security for any Pari Passu Obligations.
Pari Passu Collateral means, collectively, all assets and properties subject to Liens created (or purported to be created) pursuant to any Collateral Agreement to secure one or more Series of Pari Passu Obligations.
Pari Passu Collateral shall have the meaning set forth in the Intercreditor Agreement.

Examples of Pari Passu Collateral in a sentence

  • WELLS FARGO BANK, NATIONAL ASSOCIATION, as Pari Passu Collateral Agent By: /s/ Zachary S.

  • E' consigliato di stipulare un contratto di ma- nutenzione.• L’apparecchiatura è destinata ad un uso professionale e deve essere utilizzata da personale addestrato.• L’apparecchiatura va adibita alla cottura di cibi come indicato nelle avvertenze d'uso.Ogni altro uso è considerato impro- prio.• Evitare di far funzionare a vuoto , per lunghi periodi , la appa- recchiatura.

  • Provide a detailed list of any additional licensees (i.e. microbrewery, winery, distillery that plan to be at the event).

  • In 2013, the Company consumed 5.33 million tons of jet fuel (accordingly emitted 16.79 million tons of carbon dioxide) and 6.515 million tons of water.

  • While many neighbourhoods, typically older ones with grid street networks, have an extensive system which provides access to local parks, shops, etc., others, such as typically newer suburban neighbourhoods with curvilinear streets and cul- de-sacs often have no sidewalks and circuitous routes to contend with.


More Definitions of Pari Passu Collateral

Pari Passu Collateral means all assets charged, or purported to be charged, by the Issuer and the Chargor to the Common Collateral Agent under the Shared Security Documents, including proceeds thereof.
Pari Passu Collateral means the Collateral (as defined in the 1997 ---------- Indenture), including, without limitation, each item of collateral described in the 1997 Security Documents.
Pari Passu Collateral means “Collateral” as defined in the Collateral Agreement and the Mortgages and all personal and real property subject from time to time to security agreements, mortgages and other agreements for the benefit of the Collateral Trustee referred to in Section 6.12(a).
Pari Passu Collateral means all cash and Temporary Cash Investments of Borrower in which both the Agent, on behalf of the Lenders and the agent, on behalf of the lenders under the GECC Loan Agreement have security other than (i) the cash of Borrower held in certain GECC lockbox accounts listed on Schedule 1 to the Intercreditor Agreement; and (ii) Proceeds of Accounts that the Borrower is required to cause to be deposited in accounts listed on Schedule 1 to Intercreditor Agreement in accordance with the GECC Loan Agreement, but which are erroneously deposited in accounts other than those listed on Schedule 1 to the Loan Agreement, which Proceeds of Accounts shall at all times constitute GECC's collateral.
Pari Passu Collateral means a first-priority fixed charge by the Parent as chargor over the Capital Stock of the Company.
Pari Passu Collateral means Collateral that, pursuant to the Existing Notes Indenture, must be pledged to secure the Existing Notes Obligations if such Collateral is pledged to secure the Credit Agreement Obligations.
Pari Passu Collateral the Term Loan Priority Collateral (as defined in the Pari Passu Intercreditor Agreement).