Canadian Collateral Agreement definition

Canadian Collateral Agreement means the Canadian general security agreement dated as of the Issue Date between each Note Party from time to time party thereto and the Notes Collateral Agent.

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Canadian Collateral Agreement means that certain Amended and Restated Canadian Collateral Agreement of even date herewith executed by the Canadian Credit Parties in favor of the Administrative Agent, for the ratable benefit of the Canadian Secured Parties.

Canadian Collateral Agreement means that certain Second Amended and Restated Canadian Collateral Agreement of even date herewith executed by the Canadian Credit Parties in favor of the Administrative Agent, for the ratable benefit of the Canadian Secured Parties.

Examples of Canadian Collateral Agreement in a sentence

• After the Closing Date, Centuri will notify the Administrative Agent in writing promptly upon any Credit Party’s acquisition (including any acquisition by statutory division) or ownership of any Collateral not already covered by the US Collateral Agreement or Canadian Collateral Agreement, as applicable (such acquisition or ownership being herein called an “Additional Collateral Event” and the property so acquired or owned being herein called “Additional Collateral”).

• The Canadian Collateral Agreement is effective to create in favor of the Collateral Agent, for the benefit of the Secured Parties, a legal, valid and enforceable security interest in the Collateral described therein (other than Excluded Collateral) of a type in which a security interest can be created under the PPSA (including any proceeds of any such item of Collateral).

• After the Closing Date, the US Borrower will notify the Administrative Agent in writing promptly upon any Credit Party’s acquisition or ownership of any Collateral not already covered by the US Collateral Agreement or Canadian Collateral Agreement, as applicable (such acquisition or ownership being herein called an “Additional Collateral Event” and the property so acquired or owned being herein called “Additional Collateral”).

• The Administrative Agent shall have received insurance certificates satisfying the requirements of Section 5.3 of the Guarantee and US Collateral Agreement and Section 5.3 of the Canadian Collateral Agreement.

• The Canadian Collateral Agreement is effective to create in favor of the Administrative Agent, for the benefit of the Secured Parties, a legal, valid, binding and enforceable security interest in the Collateral described therein and proceeds and products thereof to secure the Obligations.

More Definitions of Canadian Collateral Agreement

Canadian Collateral Agreement means the Canada – ABL Collateral Agreement, dated as of March 22, 2018, among Revlon Canada Inc., ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇ (Canada) Limited, each other Grantor (as defined therein) from time to time party thereto and the Collateral Agent, as the same may be amended, supplemented, waived or otherwise modified from time to time.

Canadian Collateral Agreement means the Canadian Guarantee and Collateral Agreement, dated as of the Canadian Effective Date, as amended, supplemented or otherwise modified from time to time, among the Canadian Borrower, each Canadian Subsidiary Loan Party and the Collateral Agent.

Canadian Collateral Agreement means, collectively, the Canadian security agreement among the Note Parties party thereto and the Notes Collateral Agent, in form and substance reasonably satisfactory to the Notes Collateral Agent, and each other security agreement, pledge, debenture, hypothec, mortgage, consent or other instrument or document, as applicable, governed by Canadian law in connection with this Indenture and the Canadian Collateral and Guarantee Requirement to secure any of the Obligations.

Canadian Collateral Agreement means the ABL Canadian Collateral Agreement dated as of the Closing Date, among the Canadian Loan Parties and the Collateral Agent, as amended, restated, supplemented or otherwise modified from time to time.

Canadian Collateral Agreement the Canadian Collateral Agreement to be executed and delivered by the Canadian Borrower and each Canadian Subsidiary Guarantor, substantially in the form of Exhibit A-2, as the same may be amended, restated, supplemented, replaced or otherwise modified from time to time.

Canadian Collateral Agreement means the Canadian Pledge and Security Agreement dated as of the Closing Date substantially in the form of Exhibit G-2 (as amended, restated, amended and restated, supplemented or otherwise modified from time to time) by each Loan Party from time to time party thereto and the Administrative Agent for the benefit of the Secured Parties; provided that, (i) subject to Section 6.24, no BWXT Entity shall be party to the Canadian Collateral Agreement and (ii) no Collateral of a Canadian Guarantor will secure the U.S. Obligations.

Canadian Collateral Agreement means the Collateral Agreement, substantially in the form of Exhibit D-2 dated as of the date hereof and as amended, modified or supplemented from time to time, among the Canadian Borrower, the Subsidiary Guarantors from time to time party thereto and the Collateral Agent.