Dutch Collateral definition

Dutch Collateral means and include all “Collateral” (or any similarly defined term) as defined in the Dutch Security Agreement.

Dutch Collateral means all of the assets which from time to time are, or are expressed to be, the subject of the Dutch Security.

Dutch Collateral means any and all property of any Dutch Loan Party subject to a Lien under any Collateral Document to secure all or any portion of the Secured Obligations of the Dutch Loan Parties.

Examples of Dutch Collateral in a sentence

• The parties hereto acknowledge that this Agreement is only being entered into in connection with the Vehicles purported to be leased pursuant to this Agreement, the Spanish Collateral and the Spanish Related Documents and that there is a separate Dutch Master Lease being entered into between, inter alios, Dutch FleetCo and Dutch OpCo in connection with the Dutch Vehicles, Dutch Collateral and the Dutch Related Documents.

• The parties hereto acknowledge that this Agreement is only being entered into in connection with the Vehicles purported to be leased pursuant to this Agreement, the Dutch Collateral and the Dutch Related Documents and that there is a separate Spanish Master Lease being entered into between, inter alios, Spanish FleetCo and Spanish OpCo in connection with the Spanish Vehicles, Spanish Collateral and the Spanish Related Documents.

• The payment undertaking of each Dutch Collateral Party under this Article 8 (Parallel Debt) are each to be referred to as a “Parallel Debt”.

• According to the State Statistics Service of Ukraine [2], the volume of capital investment in the extractive industry in 2020 decreased by almost 2 times compared to 2019.Sufficient investment creates opportunities for innovation that is a major factor in the success of extractive industries and affects the level of development of the country.

• Closing collections to areas within sight of major travel corridors would greatly diminish impacts to recreational and scenic values of these NPS areas. Allow collections only during subsistence hunting seasons for parts of a species being collected.

More Definitions of Dutch Collateral

Dutch Collateral means Collateral consisting of assets or interests in assets of Dutch Holdings, and the proceeds thereof.

Dutch Collateral means all assets that are subject to Liens under and pursuant to the Dutch law governed pledge over receivables dated on or about the date hereof granted by each of Tower Automotive Holdings USA, LLC, Tower Automotive Holdings II(a), LLC and Tower Automotive Holdings II(b), LLC to JPMorgan Chase Bank, N.A., in its capacity as First Priority Representative and European Collateral Agent.

Dutch Collateral all Property described in any Security Documents as security for any Dutch Obligations, and all other Property of a Dutch Obligor that now or hereafter secures (or is intended to secure) any Dutch Obligations. Dutch Inventory Formula Amount: the lesser of (i) 70% of the Value of Eligible Inventory of Dutch Borrowers; or (ii) 85% of the NOLV Percentage of the Value of Eligible Inventory of Dutch Borrowers.

Dutch Collateral means the collective reference to all property of all Non-U.S. Obligors from time to time subject to the Liens of this Agreement, the Dutch Security Documents and the other Financing Documents, together with any and all cash and non-cash proceeds and products thereof.

Dutch Collateral means any and all property subject to the Collateral Documents owned, leased or operated by a Person expressed to be organized under and governed by the laws of the Netherlands and any and all other property of any such 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, on behalf of itself and the Lenders, to secure the Secured Obligations.

Dutch Collateral all Property described in any Security Documents as security for any Dutch Obligations, and all other Property of a Dutch Obligor that now or hereafter secures (or is intended to secure) any Dutch Obligations. Dutch Inventory Formula Amount: the lesser of (i) 70% of the Value of Eligible Inventory of Dutch Borrowers; or (ii) 85% of the NOLV Percentage of the Value of Eligible Inventory of Dutch Borrowers. Dutch Inventory Reserve: reserves established by Agent to reflect factors that may negatively impact the Value of Inventory of Dutch Borrowers, including change in salability, obsolescence, seasonality, theft, shrinkage, imbalance, change in composition or mix, markdowns and vendor chargebacks. Dutch LC Obligations: the sum of (a) all amounts owing by Dutch Borrowers for drawings under Dutch Letters of Credit; and (b) the Stated Amount of all outstanding Dutch Letters of Credit. Dutch Lenders: lenders hereafter party to this Agreement (including Agent in its capacity as provider of Dutch Swingline Loans) as a “Dutch Lender” and any Person who hereafter becomes a “Dutch Lender” pursuant to an Assignment, including any Lending Office of the foregoing. Dutch Letter of Credit: any standby or documentary letter of credit, foreign guaranty, documentary bankers acceptance, indemnity, reimbursement agreement or similar instrument issued by Issuing Bank for the account or benefit of a Dutch Borrower or Affiliate of a Dutch Borrower (other than a U.S. Borrower). Dutch Moveable Assets Pledge: the moveable assets pledge governed by Dutch law dated as of the Dutch Closing Date by and among the Dutch Borrower and the Agent. Dutch Obligations: all (a) principal of and premium, if any, on the Dutch Revolver Loans, (b) Dutch LC Obligations and other obligations of Dutch Obligors with respect to Dutch Letters of Credit, (c) interest, expenses, fees, indemnification obligations, Extraordinary Expenses and other amounts payable by Dutch Obligors under Loan Documents, (d) Dutch Secured Bank 14 117877022_2

Dutch Collateral means all issued share capital of any entity organized under the laws of The Netherlands, including, without limitation, all shares in the issued share capital of Nortek Holding B.V., upon which a Lien is granted to the U.S. Administrative Agent pursuant to any Loan Document that are or are required under the terms of the Loan Documents to be subject to Liens in favor of the U.S. Administrative Agent for the benefit of the Secured Parties.