Transaction Collateral definition

Transaction Collateral means, collectively with respect to any Transaction, all property, whether tangible or intangible, which at any date of determination secures the payment or performance of any indebtedness, liabilities or other obligations of the Borrower now or hereafter existing under the Credit Document pertaining to such Transaction and under any and all other documents, instruments and agreements executed and delivered pursuant to or in connection with such Credit Document, including, but not limited to, (a) any and all shares of stock, certificates representing shares of stock, dividends (including, but not limited to, stock dividends), cash, instruments, financial assets, securities (whether certificated or uncertificated), security entitlements, securities accounts, commodity contracts, commodity accounts, other investment property and other property from time to time received, receivable or otherwise distributed in respect of or in exchange for any securities for any reason, including, but not limited to, any change in the number or kind of outstanding shares of any securities by reason of any recapitalization, merger, consolidation, reorganization,
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Transaction Collateral means the collective reference to "Collateral" as defined in each of the Transaction Security Documents.
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Transaction Collateral means the real, personal, and mixed (real and personal) property of the Grantors in which Liens are granted pursuant to the Collateral Documents, including the Collateral and all other “Collateral” (as defined therein), and all parcels of owned real property
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Examples of Transaction Collateral in a sentence

  • For the avoidance of doubt, “Retained Assets” shall not include any Receivables Facility Collateral or Joined Party Transaction Collateral.

  • As part of such due diligence, Lender may, in its discretion, make or cause to be made, at Borrower's sole cost and expense, Lender's own physical inspection of the Applicable Resort and all contemplated Applicable Underlying Transaction Collateral.

  • ANNEX C Information Statement in accordance with Article 15 of the UK Securities Financing Transactions Regulation May 2021 This Information Statement is provided for information purposes only and does not amend or supersede the express terms of any Transaction, Collateral Arrangement or any rights or obligations you may have under applicable law, create any rights or obligations, or otherwise affect your or our liabilities and obligations.

  • In connection therewith, the Purchaser shall, at the Company’s request and expense, execute and deliver a Securitization Transaction Collateral Release Agreement to release, if and to the extent necessary, any specific Collateral being sold to the 2004 Residual Financing Transaction Seller.

  • Other than the Liens granted in favor of Lender, there are no Liens or encumbrances against all or any portion of the Collateral or the Applicable Underlying Transaction Collateral, except for the Permitted Liens and Encumbrances.

  • To the best of Borrower's knowledge after good faith diligent inquiry, each Applicable Underlying Developer has, in all material respects, similarly complied with all Applicable Laws in connection with each Applicable Resort, the Applicable Underlying Transaction Collateral and the Applicable Underlying Purchase Property.

  • Lender shall not have any liability or responsibility whatsoever for any diminution or loss in value of any of the Collateral or Applicable Underlying Transaction Collateral, specifically including that which may arise from Lender's negligence or inadvertence, whether such negligence or inadvertence is the sole or contributing cause of any damage.

  • Such Liens in the Transaction Collateral will be created under the Collateral Documents and other security agreements, mortgages, deeds of trust and other instruments and documents in form and substance reasonably satisfactory to the Secured Party and Globalstar, and Globalstar shall deliver or cause to be delivered to the Secured Party all such instruments and documents as the Secured Party shall reasonably request to effectuate the foregoing requirements in this Section 7.17.

  • Such notice may be in writing (including facsimile transmission) or given orally and shall specify the Transaction Collateral Requirement, shall provide details of the manner in which the Transaction Collateral Requirement was determined, and shall (unless previously notified to the Pledgor) specify any account or other information necessary for the issuance of, Delivery, or Payment of Collateral.

  • Borrower has received evidence satisfactory to Borrower and Lender that there exists no pending or threatened bankruptcy, foreclosure, or other material litigation or judgments outstanding against or with respect to the Applicable Resort, all or any portion of the Applicable Underlying Transaction Collateral, the Applicable Underlying Developer, or the Applicable Underlying Guarantor (each a "Material Party").

Related to Transaction Collateral

  • Prepetition Collateral shall have the meaning provided in Section 3.1(b).

  • Canadian 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 Canadian Loan Party.

  • Foreign Collateral means all Collateral of Foreign Loan Parties securing the Guaranteed Foreign Obligations.

  • Shared Collateral means, at any time, Collateral in which the holders of two or more Series of First-Lien Obligations hold a valid and perfected security interest at such time. If more than two Series of First-Lien Obligations are outstanding at any time and the holders of less than all Series of First-Lien Obligations hold a valid and perfected security interest in any Collateral at such time, then such Collateral shall constitute Shared Collateral for those Series of First-Lien Obligations that hold a valid security interest in such Collateral at such time and shall not constitute Shared Collateral for any Series which does not have a valid and perfected security interest in such Collateral at such time.

  • Loan Collateral With respect to any Mortgage Loan, the related Mortgaged Property and any personal property securing the related Mortgage Loan, including any lessor’s interest in such property, whether characterized or recharacterized as an ownership or security interest, and including any accounts or deposits pledged to secure such Mortgage Loan, and any Additional Collateral.

  • Common Collateral means all of the assets of any Grantor, whether real, personal or mixed, constituting both Senior Lender Collateral and Noteholder Collateral.

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

  • Second Lien Collateral means all “Collateral”, as defined in any Second Lien Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure, but only to the extent securing, any Second Lien Obligations.

  • Second Lien Collateral Documents means the “Security Documents” or “Collateral Documents” (as defined in the applicable Second Lien Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any Second Lien Obligations or pursuant to which any such Lien is perfected.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • First Lien Collateral Documents means the “Security Documents” or “Collateral Documents” or similar term (as defined in the applicable First Lien Loan Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any First Lien Obligations or pursuant to which any such Lien is perfected.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • UCC Collateral is defined in Section 3.03.

  • 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.

  • Senior Collateral Documents means the Security Agreement and the other “Security Documents” as defined in the Credit Agreement, the Pari Intercreditor Agreement (upon and after the initial execution and delivery thereof by the initial parties thereto) and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by the Borrower or any other Grantor for purposes of providing collateral security for any Senior Obligation.

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Second Priority Collateral Documents means the Noteholder Collateral Documents and any other agreement, document or instrument pursuant to which a Lien is now or hereafter granted securing any Second Priority Claims or under which rights or remedies with respect to such Liens are at any time governed.

  • ABL 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 ABL Obligations.

  • Transaction Security Documents means each of the documents listed as being a Transaction Security Document in paragraph 2(e) of Part I of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement and any document required to be delivered to the Administrative Agent under paragraph 3(d) of Part II of Schedule 2 (Conditions Precedent) of the 2009 Financing Agreement together with any other document entered into by any Obligor creating or expressed to create any Security over all or any part of its assets in respect of the obligations of any of the Obligors under any of the Finance Documents (and any other Debt Documents).

  • Transaction Liens means the Liens on Collateral granted by the Credit Parties under the Security Documents.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Collateral has the meaning set forth in Section 2.

  • First Lien 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 First Lien Obligations.

  • First Priority Lien Obligations means (i) all Secured Bank Indebtedness, (ii) all other Obligations (not constituting Indebtedness) of the Issuer and its Restricted Subsidiaries under the agreements governing Secured Bank Indebtedness and (iii) all other Obligations of the Issuer or any of its Restricted Subsidiaries in respect of Hedging Obligations or Obligations in respect of cash management services, in each case owing to a Person that is a holder of Indebtedness described in clause (i) or Obligations described in clause (ii) or an Affiliate of such holder at the time of entry into such Hedging Obligations or Obligations in respect of cash management services.

  • Permitted Priority Liens means (i) Liens permitted under Section 9.02(c), (d), (e), (f), (g), and (j), and (ii) Liens permitted under Section 9.02(b) provided that such Liens are also of the type described in Section 9.02(c), (d), (e), (f), (g), and (j).