Term Loan Collateral definition

Term Loan Collateral means all assets, whether now owned or hereafter acquired by any Loan Party, in which a Lien is granted or purported to be granted to any Term Loan Secured Party as security for any Term Loan Obligation.

Term Loan Collateral shall have the meaning assigned to such term in the Intercreditor Agreement.

Term Loan Collateral means all assets and properties subject to Liens created by the Pari Term Loan Debt Security Documents to secure the Pari Term Loan Debt Obligations.

Examples of Term Loan Collateral in a sentence

• In October 2017, the Debtors negotiated with various Prepetition Term Loan Lenders to obtain a $10 million first-in, last-out term loan (the “FILO Term Loan”), secured by a first lien on ABL Priority Collateral (as defined in the Intercreditor Agreement) and a second lien on the existing Term Loan Collateral.

• Even if the effects of proposed changes to wastewater treatment on DO and fish propagation are uncertain, DRBC should include estimates of the marginal benefits of increased DO (in terms of magnitude, duration, and frequency) and fish propagation.

• MFD Pontiac and Powertrain Engineering The Metal Fabricating Division (Stamping) Pontiac facility (“MFD Pontiac”) is listed as one of the forty-two facilities on Schedule 1 of the Term Loan Collateral Agreement, and is a Material Facility for which a Fixture Filing was filed.

• As a result, the Term Loan holders retain the rights they had prior to the 2018 Refinancing Transactions, including that they are the true senior and first lien lenders with respect to the Term Loan Collateral.

• Nothing herein shall otherwise preclude the incurrence of administrative expenses that are neither paid from Cash Collateral nor assessed against the Revolver Lenders and the First Lien Lenders (solely with respect to the Term Loan Collateral).

More Definitions of Term Loan Collateral

Term Loan Collateral means the Collateral as defined in the Credit Agreement.

Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

Term Loan Collateral means the Collateral (as defined in the Term Loan Agreement).

Term Loan Collateral means all “Collateral”, as defined in the Term Loan Credit Agreement or any other Term Loan Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure or purport to secure any Term Loan Obligation.

Term Loan Collateral means all of the assets and property of any Grantor, whether real, personal, or mixed, with respect to which a consensual Lien is granted as security for any Term Loan Obligations.

Term Loan Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any Term Loan Obligations.

Term Loan Collateral means the portion of the Pledged Mortgage Assets included in the Collateral with respect to which advances under the Term Loan and Delayed Draw Term Loan (if any) are calculated and determined.