Deemed Collateral definition

Deemed Collateral is defined in Section 2.2(a)(i) of this Agreement.
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Deemed Collateral means any interest of the Company or any other Centertainment Group Grantor in real property, whether as fee owner, lessee, lessor or otherwise.
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Deemed Collateral is defined in Section 2.2(a)(i) of the Purchase and Sale Agreement.
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Examples of Deemed Collateral in a sentence

  • The Secured Creditors hereby agree among themselves that if an Enforcement Event shall occur and at any time during the continuation of such Enforcement Event any of them shall receive any Deemed Collateral Proceeds, then the Secured Creditor receiving such Deemed Collateral Proceeds shall as promptly as practicable turn over such proceeds to the Collateral Agent for distribution in accordance with Section 4.1(d).

  • The Collateral Agent shall calculate, in reliance upon such certificates, the Pro Rata Shares of each of the Secured Creditors and the aggregate amount of Deemed Collateral Proceeds received by all Secured Creditors since the applicable Enforcement Event.

  • The Collateral Agent shall calculate the Pro Rata Shares of each of the Secured Creditors and the aggregate amount of Deemed Collateral Proceeds received by all Secured Creditors since the applicable Enforcement Event in reliance upon such certificates.

  • Each Secured Creditor that shall receive any Deemed Collateral Proceeds after the date of such Certificate Regarding Obligations shall promptly give to the Collateral Agent a revised Certificate Regarding Obligations.

  • The Secured Creditors hereby agree among themselves that if an Enforcement Event shall occur and at any time on or after such Enforcement Event prior to its having duly been rescinded any of them shall receive any Deemed Collateral Proceeds, then the Secured Creditor receiving such Deemed Collateral Proceeds shall promptly turn over such proceeds to the Collateral Agent for distribution to the Secured Parties in accordance with Section 4.1(e).

  • For purposes of this requirement, Deemed Collateral Value shall be ninety percent (90%) of the actual fair market value of the Securities which consist of Government Obligations.

  • The Borrower shall comply with the requirements pertaining to Deemed Collateral Value set forth in the Pledge and Security Agreement of even date herewith (the "Pledge Agreement").

Related to Deemed Collateral

  • Pledged Collateral has the meaning assigned to such term in Section 2.01.

  • 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.