First Lien 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 First Lien Obligations.
First Lien Collateral means any “Collateral” or “Pledged Collateral” or similar term as defined in any First Lien Loan Document or any other assets of the Company or any Guarantor with respect to which a Lien is granted or purported to be granted or required to be granted pursuant to a First Lien Loan Document as security for any First Lien Obligations and shall include any property or assets subject to replacement Liens or adequate protection Liens in favor of any First Lien Claimholder.
First Lien Collateral means all assets, whether now owned or hereafter acquired by any Borrower or any other Loan Party, in which a Lien is granted or purported to be granted at any time to any First Lien Secured Party as security for any First Lien Obligation.
Examples of First Lien Collateral in a sentence
Any First Lien Collateral Asset Sale Redemption shall be made pursuant to the provisions of Sections 11.04 through 11.08.
For the avoidance of doubt, the Net Proceeds in respect of an Asset Sale of any First Lien Collateral may not be reinvested and must be applied towards a First Lien Collateral Asset Sale Redemption.
More Definitions of First Lien Collateral
First Lien Collateral means the “Collateral”, as such term is defined in the First Lien Credit Agreement, and any other assets or properties of any of the Grantors now or at any time hereafter subject to, or required to be subject to, Liens securing any First Lien Secured Obligations or deemed to be so subject pursuant to Section 2.06.
First Lien Collateral means, collectively, the Note Collateral and any Additional First Lien Collateral.
First Lien Collateral has the meaning specified in the Intercreditor Agreement.
First Lien Collateral means all “Collateral”, as defined in the First Lien Security Agreement, and any other assets of Parent, Company or any other Grantor now or at any time hereafter subject to Liens securing any First Lien Obligations.
First Lien Collateral means Term Priority Collateral (as defined in the ABL Intercreditor Agreement).
First Lien Collateral means any collateral or other assets with respect to which a Lien is granted or purported to be granted pursuant to any First Lien Documents or any Security Documents, as applicable, as security for any First Lien Obligations.
First Lien Collateral means (i) the “Collateral” as defined in the Credit Agreement and (ii) any other assets and property of any obligor, whether real, personal or mixed, with respect to which a Lien is granted or purported to be granted as security for any First Priority Obligations or that is otherwise subject (or required pursuant to the First Priority/Second Priority Intercreditor Agreement to be subject) to a Lien securing any First Priority Obligations.