Effective Date Collateral definition

Effective Date Collateral is amended by deleting the words “Effective Date” appearing therein and replacing them with “Eighth Amendment Effective Date”.
Sample 1
Effective Date Collateral means all of the following: (i) Collateral in which a security interest may be perfected solely by the filing of a financing statement under the UCC, (ii) with respect to Collateral consisting of Equity Interests in Domestic Subsidiaries, such Collateral in which a security interest may be perfected by the delivery of a stock certificate representing such Collateral, and (iii) such other Collateral if the creation and perfection of a security interest therein can reasonably be accomplished prior to the Effective Date after use of commercially reasonable efforts to do so without undue delay, burden or expense.
Sample 1
Effective Date Collateral means the sum of (x) 75% of the Primary Collateral Value of the Primary Collateral held by the Agent under the Pledge Agreements on the Effective Date, (y) the Secondary Support Value of any Secondary Support held by the Agent on the Effective Date and (z) the Nextel Collateral Value on the Effective Date.
Sample 1

Examples of Effective Date Collateral in a sentence

  • The Fourth Restatement Effective Date Collateral Requirement shall have been satisfied (subject to clause (c)(vi) below), and the Administrative Agent shall have received all the documents required thereby.

  • The Fifth Restatement Effective Date Collateral Requirement shall have been satisfied (subject to clause (c)(vi) below), and the Administrative Agent shall have received all the documents required thereby.

  • If the Company is unable after the use of commercially reasonable efforts to deliver on the Restatement Effective Date Collateral Documents otherwise required to be delivered under Section 7.1(a)(ii)(E) covering shares of the outstanding capital stock of Xxxxx Aerospace Europe S.A.R.L. and CMP SAS, the Company shall deliver such Collateral Documents within 45 days after the Restatement Effective Date or such longer period as may be agreed by the Administrative Agent.

  • For seven (7) years from the Effective Date, Collateral shall keep Schering informed in writing of all research, technology and know how with respect to potential products outside the Field for which Developed Technology was used or useful.

  • Post Second Amendment Effective Date Collateral Requirements 44 6.18.

  • For the period beginning after seven (7) years after the Effective Date through the tenth (10th) anniversary of the Effective Date, Collateral grants Schering the right of first offer.

  • As of the Effective Date, Collateral Agent and each Lender hereby agrees that Borrower’s insurance coverage is satisfactory for the purposes herein.

  • For purposes of the foregoing, the assets described on Schedule 5.24 (collectively, the “SCF Assets”) are not legally or beneficially owned by or held for the benefit of any Borrower or Subsidiary and therefore are not part of the Amendment Effective Date Collateral (notwithstanding the fact that the transfer of such assets has not yet been settled unless the physical transfer of such assets has not occurred within 60 days of the date of Amendment No. 1).

  • The Issuer will use its commercially reasonable efforts to have purchased or to have entered into binding agreements to purchase, by the Effective Date, Collateral Debt Securities in accordance with the provisions hereof.

  • The Amendment Effective Date Collateral constitutes any and all loans, bonds, instruments, securities, and financial assets (excluding cash and Cash Equivalents that have been deposited into a Pledged Account) directly or indirectly, legally or beneficially owned by or held for the benefit of one or more Borrowers or their respective Subsidiaries as of the Amendment Effective Date, and such Amendment Effective Date Collateral is subject to the Lien of the Security Agreement.


More Definitions of Effective Date Collateral

Effective Date Collateral. Eligible Additional Collateral," "Eligible AT&T Collateral," "Eligible Collateral," "Eligible Deposited Assets," "Eligible Lucent Collateral," "Eligible Maintenance Collateral," "Eligible NCR Collateral," "Eligible Nextel Collateral", Eligible Nextel Qualified Collateral", "Eligible Supplemental Collateral," "Facility A Cash Collateral," "Facility A Cash Collateral Value," "Facility A Collateral," "Facility A Loans," "Facility A Primary Collateral," "Facility A Primary Collateral Value," "Facility B Cash Collateral," "Facility B Cash Collateral Value," "Facility B Collateral," "Facility B Loans," "Facility B Primary Collateral," "Facility B Primary Collateral Value," "Nextel Collateral Value", "Opposing Banks," "Primary Collateral," "Primary Collateral Value," "Required A Banks," "Required B Banks," "Required Banks," "Secondary Support" and "Secondary Support Value", (e) waive any of the documentary conditions precedent set forth in Section 4.01 hereof, (f) amend Section 2.01(e), Section 2.01(g) or Section 2.05, or (g) release any Collateral other than as expressly provided in this Agreement and the Pledge Agreements, and PROVIDED, FURTHER that no amendment, modification or waiver shall, unless an instrument signed by all of the Facility A Banks or all of the Facility B Banks (as the case may be) or by the Agent acting with the consent of all of the Banks under the relevant Facility, increase or extend the term, or extend the time or waive any requirement for the reduction or termination, of the Facility A Commitments or the Facility B Commitments, or reduce the amount of any payment of principal on any Facility A Loan or Facility B Loan or the rate at which interest is payable thereon or any fee payment hereunder, and PROVIDED, FURTHER, that no amendment, modification or waiver shall, unless an instrument signed by all of the Facility A Banks or by the Agent acting with the consent of all of the Banks under Facility A, increase the Credit Limit of any Third Party Pledgor, and PROVIDED, FURTHER, that any amendment of Article 9 hereof or any amendment which increases the obligations of the Agent hereunder shall require the consent of the Agent. No failure on the part of the Agent or any Bank to exercise, and no delay in exercising, any right hereunder shall operate as a waiver thereof or preclude any other or further exercise thereof or the exercise of any other right. The remedies herein provided are cumulative and not exclusive of any remedies provided by...
Sample 1
Effective Date Collateral means all of the following: (i) Collateral in which a security interest may be perfected solely by the filing of a financing statement under the UCC, (ii) with respect to Collateral consisting of Equity Interests in Domestic Subsidiaries, such Collateral in which a security interest may be perfected by the delivery of an equity certificate representing such Collateral, (iii) with respect to Collateral consisting of intellectual property registered in the applicable office, such Collateral in which a security interest may be perfected by the filing of short-form security agreements or confirmatory grants with the United States Patent and Trademark Office or the United States Copyright Office, as applicable and (iv) such other Collateral if the creation and perfection of a security interest therein can reasonably be accomplished prior to the Effective Date after use of commercially reasonable efforts to do so without undue delay, burden or expense.
Sample 1

Related to Effective Date Collateral

  • DIP means debtor-in-possession.

  • Basic Collateral Agency Agreement means the Amended and Restated Basic Collateral Agency Agreement, dated as of March 1, 2009, among Daimler Trust, the Administrative Agent, Daimler Title Co., as collateral agent, and MBFS USA, as lender and as servicer.

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

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

  • Term Loan Collateral Agent means Credit Suisse, Cayman Islands Branch, as collateral agent for the lenders under the Term Loan Credit Agreement, together with its respective successors and permitted assigns under the Term Loan Credit Agreement exercising substantially the same rights and powers, or such other agent as may from time to time be appointed thereunder.

  • Hedge Collateral Defined in Section 5.3(b).

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

  • 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.

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

  • 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.

  • Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.

  • First Lien Collateral Documents means the “Security Documents” or “Collateral Documents” or similar term (as defined in the applicable First Lien Loan Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any First Lien Obligations or pursuant to which any such Lien is perfected.

  • DIP Facility Claims means all Claims held by the DIP Facility Agent and the DIP Facility Lenders pursuant to the DIP Facility Agreements and the Final DIP Order.

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

  • DIP Facility Claim means a Claim arising under or as a result of the DIP Facility.

  • First Lien Last Out Loan means a loan that, prior to an event of default under the applicable Related Contract, is entitled to receive payments pari passu with other senior secured loans of the same Obligor, but following an event of default under the applicable Related Contract, such Collateral Loan becomes fully subordinated to other senior secured loans of the same Obligor and is not entitled to any payments until such other senior secured loans are paid in full.

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

  • Term Loan Security Documents means the “Security Documents” as defined in the Term Loan Credit Agreement.

  • 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.

  • First Lien Loan Documents means the “Loan Documents” as defined in the First Lien Credit Agreement.

  • Initial Additional First Lien Obligations means the [Obligations] as such term is defined in the Initial Additional First-Lien Security Agreement.

  • Additional Collateral Loan Each Mortgage Loan that is supported by Additional Collateral.

  • 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.

  • Canadian Collateral means any and all property owned, leased or operated by a Person covered by the Canadian 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.

  • New Borrowing Base Notice has the meaning assigned such term in Section 2.07(d).

  • Second Lien Collateral Documents means the “Security Documents” or “Collateral Documents” (as defined in the applicable Second Lien Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any Second Lien Obligations or pursuant to which any such Lien is perfected.