Collateral Entities definition

Collateral Entities means each of Borrower, the Guarantors and their respective Affiliates, individually or collectively, as the context requires, that directly or indirectly owns any legal or beneficial interest in any of Prime Retail Outlets, Prime Office Chicago or Extended Stay of America Hotels.
Sample 1Sample 2
Collateral Entities shall have the meaning set forth in Section 5.1.8(a) hereof.
Sample 1Sample 2
Collateral Entities means at any time the Borrowers and each Subsidiary that is a party to this Agreement or, in the case of a Foreign Subsidiary, 66-2/3 % of the direct or beneficial ownership interest of such Foreign Subsidiary has been pledged to Lender pursuant to a Stock Pledge Agreement. The Collateral Entities' share of the consolidated EBITDA of the Parent and its Subsidiaries for any quarter is greater than 90%. The Collateral Entities' share of the total consolidated assets of the Parent and its Subsidiaries at the end of the most recent quarter is greater than 90%. The Borrowers and the Significant Subsidiaries shall have the right to cause a Subsidiary to take all such actions as may be necessary to cause a Subsidiary to become a Collateral Entity in order to comply with this representation and warranty, including but not limited to causing it to execute and deliver this Agreement or a Stock Pledge Agreement.
Sample 1

Examples of Collateral Entities in a sentence

  • Prepayments made by a Limited Partner shall apply pro rata against all of such Limited Partner’s Investor Notes; provided, that such Limited Partner may request that such prepayments be applied only to Investor Notes related to BCE Investments that are related to one or more Blackstone Collateral Entities specified by such Limited Partner.

  • Prepayments made by a Member shall apply pro rata against all of such Member’s Investor Notes; provided, that such Member may request that such prepayments be applied only to Investor Notes related to BCE Investments that are related to one or more Blackstone Collateral Entities specified by such Member.

  • Lender’s recourse against Guarantors under the Guaranties, and Lender’s rights and remedies against all other Collateral Entities and all other Collateral, shall in no way be limited or otherwise be affected hereby.

  • Prepayments made by a Regular Member shall apply pro rata against all of such Regular Member’s Investor Notes; provided, that such Regular Member may request that such prepayments be applied only to Investor Notes related to BCE Investments that are related to one or more Blackstone Collateral Entities specified by such Regular Member.

  • The Lender’s recourse against the Guarantors under the Guaranties, and the Lender’s rights and remedies against all other Collateral Entities and all other Collateral (as defined in the Loan Agreement), shall in no way be limited or otherwise be affected hereby.

  • If the amount of the due diligence deposit fee exceeds Lender’s legal and other out-of-pocket costs and expenses incurred in connection with (i) the preparation, execution and delivery of this Agreement and the other Loan Documents and (ii) the due diligence review of all assets proposed to be pledged by the Collateral Entities after June 11, 2007 and the review, preparation, execution and delivery of all documentation relating thereto, Lender shall refund such excess to Borrower.

  • Permit (a) the Collateral Entities' share of the consolidated EBITDA of the Parent and its Subsidiaries for any quarter to be less than 90% and (b) the Collateral Entities' share of the total consolidated assets of the Parent and its Subsidiaries at the end of the most recent quarter to be less than 90%.

  • Prepayments made by a Partner shall apply pro rata against all of such Partner’s Investor Notes; provided, that such Partner may request that such prepayments be applied only to Investor Notes related to BCE Investments that are related to one or more Blackstone Collateral Entities specified by such Partner.

  • The Collateral Entities' share of the total consolidated assets of the Parent and its Subsidiaries at the end of the most recent quarter is greater than 90%.

  • As used herein, the "Collateral Entities" means at any time the Borrowers and each Subsidiary that is a party to this Agreement or, in the case of a Foreign Subsidiary, 66-2/3 % of the direct or beneficial ownership interest of such Foreign Subsidiary has been pledged to Lender pursuant to a Stock Pledge Agreement.

Related to Collateral Entities

  • Credit Agreement Collateral Documents means the Security Agreement, the other Collateral Documents (as defined in the Credit Agreement) and each other agreement entered into in favor of the Credit Agreement Collateral Agent for the purpose of securing any Credit Agreement Obligations.

  • Collateral Management Agreement The agreement dated as of the Closing Date, between the Issuer and the Collateral Manager relating to the management of the Collateral Obligations and the other Assets by the Collateral Manager on behalf of the Issuer, as amended from time to time in accordance with the terms thereof.

  • Financing Parties means Parties financing the Project, pursuant to Financing Documents.

  • Transaction Parties As defined in Section 5.3(o).

  • Collateral Agency Agreement means that certain Collateral Agency Agreement dated as of the Effective Date among the Collateral Agent, the Administrative Agent and the Term Loan Administrative Agent, as the same may be amended, restated, amended and restated, supplemented or otherwise modified or replaced from time to time.

  • First Priority Documents means the First Priority Agreement, each First Priority Security Document and each First Priority Guarantee.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Second Lien Secured Parties means the Indenture Second Lien Secured Parties and the Additional Second Lien Secured Parties.

  • Secured Cash Management Agreement means any Cash Management Agreement that is entered into by and between any Loan Party and any Cash Management Bank.

  • Non-Guarantor Subsidiaries means, as of any date of determination, a collective reference to:

  • ABL Facility Documents means the agreements and other instruments governing the ABL Facility, together with any guarantees thereof and any security documents, other collateral documents and other instruments relating thereto (including documents and instruments governing Hedging Obligations required by the ABL Facility or relating to ABL Obligations).

  • Priority Lien Secured Parties means the holders of Priority Lien Obligations, each Priority Lien Representative and the Collateral Trustee.

  • First Lien Secured Parties means (i) the Credit Agreement Secured Parties and (ii) the Additional First-Lien Secured Parties with respect to each Series of Additional First-Lien Obligations.

  • Second Lien Security Documents means all “Security Documents” as defined in the Second Lien Credit Agreement, and all other security agreements, mortgages, deeds of trust and other security documents executed and delivered in connection with any Second Lien Credit Agreement, in each case as the same may be amended, supplemented, restated or otherwise modified from time to time.

  • Subsidiary Loan Parties means (a) the Subsidiaries identified on Schedule I and (b) each other Subsidiary that becomes a party to this Agreement as a Subsidiary Loan Party after the Effective Date.

  • Additional First Lien Secured Parties means the holders of any Additional First Lien Obligations and any trustee, authorized representative or agent of such Additional First Lien Obligations.

  • Financing entity means an electric public utility, a special

  • Guarantor Subsidiaries has the meaning set forth in the Recitals to this Agreement.

  • Priority Lien Security Documents means the Priority Credit Agreement (insofar as the same grants a Lien on the Collateral), each agreement listed in Part A of Exhibit B hereto, and any other security agreements, pledge agreements, collateral assignments, mortgages, deeds of trust, control agreements, or grants or transfers for security, now existing or entered into after the date hereof, executed and delivered by the Borrower or any other Grantor creating (or purporting to create) a Lien upon Collateral in favor of the Priority Lien Agent (including any such agreements, assignments, mortgages, deeds of trust and other documents or instruments associated with any Priority Substitute Credit Facility).

  • Transaction Liens means the Liens granted by the Lien Grantors under the Security Documents.

  • Required Secured Parties has the meaning given to it in the Intercreditor Agreement.

  • Borrower LLC Agreement means the Amended and Restated Limited Liability Company Agreement No. 4 (as amended in accordance with the terms of this Agreement and as may be further amended, restated, supplemented or otherwise modified from time to time in accordance with the terms thereof) of the Borrower, made and entered into as of June 30, 2012, by and among Intermediate Holdings, the Borrower and Specialty Towers Management, LLC.

  • Credit Enhancement Agreements means, collectively, any documents, instruments, guarantees or agreements entered into by the Issuer, any of its Restricted Subsidiaries or any Securitization Entity for the purpose of providing credit support (that is reasonably customary as determined by Issuer’s senior management) with respect to any Permitted Funding Indebtedness or Permitted Securitization Indebtedness.

  • First Lien Security Documents means the Security Documents (as defined in the First Lien Credit Agreement) and any other agreement, document or instrument pursuant to which a Lien is granted or purported to be granted securing any First Lien Obligations or under which rights or remedies with respect to such Liens are governed.

  • Collateral Manager The meaning specified in the Preamble.