Colonial Collateral definition

Colonial Collateral means all Collateral provided by Colonial.
Colonial Collateral means the equipment, fixtures, supplies and parts as described on Exhibit A hereto, provided, that the term "Colonial Collateral" shall not include any Coal Inventory or other Inventory or any Accounts.
Colonial Collateral is defined in the Recitals.

Examples of Colonial Collateral in a sentence

  • Nothing herein contained is intended to in any manner impair or limit the validity, priority and extent of the Lender’s existing security interest and Lien in and upon the Colonial Collateral.

  • Notwithstanding anything in this subsection (d) to the contrary, Colonial and/or Lender A, as the case may be, shall have no obligations with respect to the Colonial Collateral or any proceeds thereof except as expressly provided in the Colonial Loan Agreement.

  • Note B, Note C and Note D are secured by liens and security interests in and to certain real property, personal property (other than Colonial Collateral) and fixtures at the site owned by FPMC located at Highway 77 in McLennan County, Texas ("Hwy 77 Site") under the Second Lien Deed of Trust, Security Agreement and Financing Statement, of even date herewith, among Xxxxxxx X.


More Definitions of Colonial Collateral

Colonial Collateral all Collateral provided by Colonial. Colonial Contracts Advance Rate: 55%; provided, however, that the Contracts Advance Rate shall be reduced by 0.50% for each 0.25% (or portion thereof) that the Contracts Advance Rate Adjustment Percent for the month immediately preceding the date of determination exceeds 33%; in each instance such adjustment shall be calculated as of the last day of each month and shall be effective as of the first day of the month immediately following the date of determination, based upon information delivered by Borrowers to Agent pursuant to Section 8. For example, if the Colonial Contracts Advance Rate Adjustment Percent is 33.10%, the Colonial Contracts Advance Rate shall be 54.5%; if the Colonial Contracts Advance Rate Adjustment Percent is 33.30%, the Colonial Contracts Advance Rate is 54%; if the Colonial Contracts Advance Rate Adjustment Percent is 33.6 %, the Colonial Contracts Advance Rate is 53.5%: if the Colonial Contracts Advance Rate Adjustment Percent is 33.90%, the Colonial Contracts Advance Rate is 53%; if the Colonial Contracts Advance Rate Adjustment Percent is 34.10%, the Colonial Contracts Advance Rate is 52.5% and so on.

Related to Colonial Collateral

  • Additional Collateral Any of the following held, in addition to the related Mortgaged Property, as security for a Mortgage Loan: (i) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as security for the repayment of such Mortgage Loan, (ii) third-party guarantees, and (A) all money, securities, security entitlements, accounts, general intangibles, payment rights, instruments, documents, deposit accounts, certificates of deposit, commodities contracts and other investment property and other property of whatever kind or description now existing or hereafter acquired which is pledged as collateral for such guarantee or (B) any mortgaged property securing the performance of such guarantee, or (iii) such other collateral as may be set forth in the Series Supplement.

  • UCC Collateral is defined in Section 3.03.

  • 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.

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

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

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

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

  • Current Asset Collateral means all the “ABL Priority Collateral” as defined in the ABL Intercreditor Agreement.

  • 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.

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

  • Canadian Collateral means any and all property of any Canadian Loan Party covered by the Collateral Documents and any and all other property of any Canadian Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Canadian Secured Obligations.

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

  • Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:

  • Supplemental Collateral Agent has the meaning assigned to that term in subsection 9.1B.

  • Pledge Agreement Collateral means all "Collateral" as defined in the Pledge Agreement.

  • Account Collateral means, with respect to each Account, such Account, together with all cash, securities, Financial Assets and investments and other property from time to time deposited or credited to such Account and all proceeds thereof, including, with respect to the Reserve Fund, the Reserve Fund Deposit and the Reserve Fund Amount.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

  • UCC Filing Collateral means any Collateral, including Collateral constituting investment property, for which a security interest can be perfected by filing a UCC-1 financing statement.

  • U.S. Collateral Agreement means the U.S. Guarantee and Collateral Agreement, as amended, supplemented or otherwise modified from time to time, in the form of Exhibit E, among Holdings, Intermediate Holdings, the U.S. Borrower, each Domestic Subsidiary Loan Party and the Collateral Agent.

  • 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.

  • Additional Collateral Documents as defined in the Base Intercreditor Agreement.

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

  • 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 Company 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.

  • Letter of Credit Collateral Account means a special deposit account maintained by the Administrative Agent, for the benefit of the Administrative Agent, the Issuing Bank and the Lenders, and under the sole dominion and control of the Administrative Agent.

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • 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.