Collateral definition

Collateral has the meaning set forth in Section 2.

Collateral has the meaning specified in the Granting Clause of this Indenture.

Collateral means all of the “Collateral” referred to in the Collateral Documents and all of the other property that is or is intended under the terms of the Collateral Documents to be subject to Liens in favor of the Administrative Agent for the benefit of the Secured Parties.

Examples of Collateral in a sentence

• Any Additional Collateral may be released if the Issuer provides to the Trustee evidence (based on a Valuation no older than 3 months) that the LTV is 70 per cent or lower, calculated on a pro forma basis taking into account such release.

• Debtor hereby irrevocably makes, constitutes and appoints the Secured Party as such Xxxxxx’s true and lawful attorney with power, upon Xxxxxx’s failure or refusal to promptly comply with its obligations in this Section 4(a), to sign the name of Debtor on any of the above-described documents or on any other similar documents which need to be executed, recorded or filed in order to perfect, maintain, protect or enforce the Secured Party’s security interest in the Collateral.

• Except for sale of inventory in the ordinary course of business, Debtor shall not (i) sell, lease or otherwise dispose of, relocate or transfer, any of the Collateral, except dispositions of Collateral that is worn out, obsolete or no longer necessary in the business of Debtor, (ii) allow any liens on or grant security interests in the Collateral except the Permitted Liens or (iii) change the Debtor’s name or add any new fictitious name without the written consent of the Secured Party.

• All places of business of Debtor, including the identification of the principal place of business of Debtor, and the address(es) at which the Collateral is (are) located, are indicated on Schedule 5(e) hereto.

• Debtor shall not, without at least thirty (30) days prior written notice to the Secured Party, relocate such principal place of business or the Collateral, with no relocation being permitted outside the United States in any event.

More Definitions of Collateral

Collateral all property of the Loan Parties, now owned or hereafter acquired, upon which a Lien is purported to be created by any Security Document.

Collateral as defined in the Security Agreement.

Collateral is any and all properties, rights and assets of Borrower described on Exhibit A.

Collateral has the meaning set forth in Section 3.1 hereof.

Collateral is defined in Section 2.1.

Collateral as defined in Section 3.

Collateral means all assets and interests in assets and proceeds thereof now owned or hereafter acquired by any Loan Party or its Subsidiaries in or upon which a Lien is granted by such Person in favor of Agent or the Lenders under any of the Loan Documents.