European Collateral definition

European Collateral means any and all property of any European Loan Party or US Loan Party subject (or purported to be subject) to a Lien under any Collateral Document and any and all other property of any European Loan Party or US Loan Party, now existing or hereafter acquired, that is or becomes subject (or purported to be subject) to a Lien pursuant to any Collateral Document, in each case, to secure the European Secured Obligations.

European Collateral means the present and future assets of the European subsidiary borrower and guarantors under the General Credit Facility pledged as security to the First Lien Collateral Agent pursuant to the European Security Documents (as defined in the General Credit Facility).

European Collateral means all of the “European Collateral” referred to in the Collateral Documents.

Examples of European Collateral in a sentence

• For example, the European Collateral Directive restricts its privileged treatment of (financial) collateral-related activity to a restricted list of market participants, although it offers opt-outs for the implementation in different countries.

• The segregation of assets is based on the European Collateral Directive which has been transposed into the French Monetary and Financial Code.

• Such statutory super-priorities do not exist with respect to financial collateral arrangements28 for derivatives and other financial contracts in countries that have implemented the European Collateral Directive or under U.S. law.

• On such arrangements, see Thomas Keijser, Financial Collateral Arrangements: The European Collateral Directive Considered from a Property and Insolvency Law Perspective (Kluwer, 2006), s.

• On this directive, see Thomas Keijser, Financial Collateral Arrangements: The European Collateral Directive Considered from a Prop- erty and Insolvency Law Perspective (Kluwer Legal Publishers 2006); reviewed by Herbert Kronke in (2007) 12(2) Uniform Law Review 397–400.

More Definitions of European Collateral

European Collateral means, collectively, the Dutch Collateral and the UK Collateral.

European Collateral means any Collateral hereafter granted to the ABL Agent by Foreign Subsidiaries of the ABL Loan Parties organized under the laws of any European jurisdiction to secure any portion of the ABL Obligations.

European Collateral means all property pledged or purported to be pledged pursuant to the terms of the European Security Documents.

European Collateral means the present and future assets of the European subsidiary borrowers and guarantors under the General Credit Facility pledged as security to the First Lien Collateral Agent pursuant to the European Security Documents (as defined in the General Credit Facility).

European Collateral means all assets that are subject to Liens securing (i) obligations under and pursuant to either or both of the Foreign Subsidiary Guarantees and (ii) obligations of the European Borrower under and pursuant to the First Lien Term Loan Agreement and/or the Second Lien Term Loan Agreement, which liens are granted by Loan Parties not incorporated or tax resident in the United States of America or any state thereof, and all rights and benefits of the First Priority Representative and/or the European Collateral Agent under the Foreign Subsidiary Guarantees.

European Collateral means all of the assets of each of the ------------------- European Borrowers which are held as collateral for the European Obligations pursuant to the European Security Documents.

European Collateral means all of the “European Collateral” referred to in the Collateral Documents. “Event of Default” has the meaning specified in Section 8.01.