Revolving Loan Collateral definition

Revolving Loan Collateral means the portion of the Pledged Mortgage Assets included in the Collateral with respect to which Revolving Loans (if any) are calculated and determined.

Revolving Loan Collateral means all assets and properties of any Obligor or its estate of any kind whatsoever, real or personal, tangible or intangible and wherever located (including any stock, partnership interest, membership interests or other equity securities), whether now owned or hereafter acquired, upon which a Lien is now or hereafter granted or purported to be granted by such Person in favor of any or all of the Revolving Loan Creditors, as security for all or any part of the Revolving Loan Obligations, and the Proceeds (including insurance proceeds) thereof.

Revolving Loan Collateral means all Collateral except for the Noteholder Motor Vehicle Collateral.

Examples of Revolving Loan Collateral in a sentence

• Further, the Prepetition Revolving Loan Agent shall serve as agent for the Postpetition Revolving Loan Agent for purposes of perfecting the Postpetition Revolving Loan Agent's security interest in any Postpetition Revolving Loan Collateral that requires perfection by possession or control, and all Prepetition Third Party Collateral Documents shall also be deemed to be for the benefit of the Postpetition Revolving Loan Agent without further action by any party.

• The Prepetition Revolving Loan Agent's liens and security interests in the Prepetition Revolving Loan Collateral under the Prepetition Revolving Loan Documents and applicable law, which liens and security interests are subject only to Permitted Priority Liens.

• Thereafter, on an annual basis, the Lender agrees to pay HGIA an Annual Fee equal to the greater of 50 basis points (0.5%) of the actual Term Loan Collateral Requirement, Revolving Loan Collateral Requirement or Draw to Term Loan Collateral Requirement, as applicable under Section 3 of the Cash Collateral Deposit Agreement multiplied by the Collateral Support Percentage required by the Lender to support the Loan or $50.00.

• Priority Liens in the Postpetition Revolving Loan Collateral, subject only to the Prepetition Priority ABL Liens, the Prepetition Revolving Loan Liens, the Permitted Priority Liens, and the Term Loan Liens (solely with respect to the Debtors' property of the categories described in the definition of Prepetition Term Loan Collateral).

• Yes, when the driver meets two criteria: The volunteer is approved by Missouri 4-H Online and has permission from the local 4-H staff; and the personal vehicle is registered correctly, and the owner assumes all responsibility for damage to the car.

More Definitions of Revolving Loan Collateral

Revolving Loan Collateral means any and all property owned or leased by a Loan Party that is subject to a first priority security interest or Lien in favor of the administrative agent for the Revolving Lenders, on behalf of itself and the other secured parties under the Revolving Loan Documents, to secure the Revolving Obligations.

Revolving Loan Collateral has the meaning assigned to the term “Revolving Credit Primary Collateral” in the Intercreditor Agreement.

Revolving Loan Collateral. Sub-account”) and also may, with the consent of the Administrative Agent, establish and maintain one or more additional account(s) or sub-account(s) on its books in the name of the Borrower as it deems necessary or desirable for administrative purposes with respect to the Property held by the Custodian for the benefit of the Borrower. The Custodian may, with the written consent of the Administrative Agent, appoint one or more sub-custodian(s) as it deems necessary or desirable who shall by reason of such appointment be entitled to the same protections and immunities as provided to the Custodian hereunder. The Custodial Account, the Cash Collateral Account, the Administrative Expense Sub-account and any additional accounts or sub-accounts established by the Custodian pursuant to Section 2 hereof are herein, collectively, referred to as the “Accounts.” Each of the Accounts shall be a non-interest bearing account and identified on the Custodian’s books and records as having been pledged by the Borrower to Deutsche Bank AG, New York Branch, as administrative agent under the Credit Agreement. Cash in any Account shall be invested in accordance with Section 9 hereof.

Revolving Loan Collateral shall have the meaning set forth in the Intercreditor Agreement.

Revolving Loan Collateral means all Accounts, Cash Equivalents and General Intangibles of each Credit Party. “Revolving Note” has the meaning ascribed to it in Section 2.2.

Revolving Loan Collateral shall have the meaning set forth for “Collateral” in section 5.1 of the Revolving Loan Agreement as in effect on the date hereof.

Revolving Loan Collateral means all Accounts, Cash Equivalents and General Intangibles of each Credit Party.