First Preferred Fleet Mortgages definition

First Preferred Fleet Mortgages means (i) the First Preferred Fleet Mortgage of even date herewith, as amended, restated, supplemented or modified from time to time, executed and delivered by Great Lakes and any other applicable Loan Party in favor of the Administrative Agent, for the benefit of the Secured Parties, granting a first priority lien on and security interest in certain United States flag vessels, (ii) the First Preferred Ship Mortgage of even date herewith, as amended, restated, supplemented or modified from time to time, executed and delivered by Great Lakes and any other applicable Loan Party in favor of the Administrative Agent, for the benefit of the Secured Parties, granting a first priority lien on and security interest in a certain Republic of the Xxxxxxxx Islands flag vessel and (iii) any other first preferred fleet or ship mortgages hereafter executed and delivered by any Loan Party in favor of the Administrative Agent, for the benefit of the Lender Secured Parties.
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First Preferred Fleet Mortgages means the “Lender First Ship Mortgage” referred to and as defined in the Intercreditor Agreement.
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First Preferred Fleet Mortgages means the "Lender First Ship ------------------------------- Mortgage" referred to and as defined in the Intercreditor Agreement.
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More Definitions of First Preferred Fleet Mortgages

First Preferred Fleet Mortgages means (i) the First Preferred Fleet Mortgage of even date herewith, as amended, restated, supplemented or modified from time to time, executed and delivered by Great Lakes and any other applicable Loan Party in favor of the Administrative Agent, for the benefit of the Secured Parties, granting a first priority lien on and security interest in certain United States flag vessels, (ii) the First Preferred Ship Mortgage of even date herewith, as amended, restated, supplemented or modified from time to time, executed and delivered by
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Related to First Preferred Fleet Mortgages

  • General Security Agreement means the general security agreement dated on or about the date hereof given by Borrower in favour of Lender in respect of the Obligations.

  • Guarantor Security Agreement means any security agreement executed by any Guarantor in favor of Agent securing the Obligations or the Guaranty of such Guarantor, in form and substance satisfactory to Agent.

  • Ship Mortgage means a Ship Mortgage or Additional Ship Mortgage substantially in the form of Exhibit E-2 to the 2008 Credit Agreement (with such changes as are reasonably consented to by the Collateral Agent to account for local law matters) made by the applicable Loan Party in favor of Collateral Agent for the benefit of the Secured Parties, as the same may be amended, supplemented or otherwise modified from time to time, together with an Earnings Assignment and an Insurance Assignment made by the applicable Loan Party for each Mortgaged Vessel, and such other agreements reasonably acceptable to Collateral Agent as shall be necessary to comply with applicable requirements of law and effective to grant in favor of Collateral Agent for the benefit of the Secured Parties a first preferred mortgage within the meaning of the Ship Mortgage Act on the Mortgaged Vessel covered thereby, subject only to Permitted Liens.

  • First Priority Security Documents means each agreement or document granting or purporting to xxxxx x Xxxx on any Common Collateral to secure First Priority Obligations.

  • Guarantee and Security Agreement means that certain Guarantee and Security Agreement dated as of the Effective Date among the Borrower, the Administrative Agent, each Subsidiary of the Borrower from time to time party thereto, each holder (or an authorized agent, representative or trustee therefor) from time to time of any Secured Longer-Term Indebtedness or Secured Shorter-Term Indebtedness, and the Collateral Agent.

  • First Mortgage Indenture means a first mortgage indenture pursuant to which any Borrower or any Subsidiary of any Borrower may issue bonds, notes or similar instruments secured by a lien on all or substantially all of such Borrower’s or such Subsidiary’s fixed assets, as the case may be.

  • Security Agreements means the U.S. Security Agreement and the Canadian Security Agreement.

  • Mortgage Amendments as defined in Section 6.11(a).

  • Guarantee Agreements means the Parent Guarantee Agreement and the Subsidiary Guarantee Agreement.

  • Blanket Mortgage The mortgage or mortgages encumbering a Cooperative Property.

  • Collateral Security Documents Any document or instrument given to secure or guaranty the Mortgage Loan, including without limitation, the Mortgage, each as amended, supplemented, assigned, extended or otherwise modified from time to time.

  • ABL Security Agreement means the Security Agreement (as defined in the ABL Credit Agreement).

  • Senior Security Documents means with respect to any Senior Secured Party, the Security Documents that secure the Senior Obligations.

  • Collateral Agreement means the Collateral Agreement among the Borrower, each other Loan Party and the Administrative Agent, substantially in the form of Exhibit D.

  • Mortgage Amendment means an amendment to an Existing Mortgage or an amendment and restatement of an Existing Mortgage, in each case in form and substance reasonably acceptable to the Collateral Agent.

  • Secured Debt Agreements means and include this Agreement, the other Credit Documents and the Interest Rate Protection Agreements and Other Hedging Agreements.

  • Second Lien Security Agreement means the “Security Agreement” as defined in the Second Lien Credit Agreement.

  • Guaranty and Security Agreement means a guaranty and security agreement, dated as of even date with this Agreement, in form and substance reasonably satisfactory to Agent, executed and delivered by each of the Loan Parties to Agent.

  • first preference means the figure “1” or any mark or word which clearly indicates a first (or only) preference,

  • Pledge and Security Agreement means the Pledge and Security Agreement to be executed by Company and each Guarantor substantially in the form of Exhibit I, as it may be amended, supplemented or otherwise modified from time to time.

  • First Mortgage means a Mortgage that constitutes a first Lien on the real property and improvements described in or covered by that Mortgage.

  • Borrower Security Agreement means the Security Agreement, dated as of the date hereof, between Borrower and the Agent.

  • Collateral Agency Agreement means that certain Collateral Agency Agreement dated as of the Effective Date among the Collateral Agent, the Administrative Agent and the Term Loan Administrative Agent, as the same may be amended, restated, amended and restated, supplemented or otherwise modified or replaced from time to time.

  • Aircraft Mortgage means each Aircraft and Engine mortgage and security agreement entered into by any Borrower in favor of the Agent evidencing the Liens in respect of such Aircraft Collateral that will secure the Obligations, in each case as amended, modified, restated, supplemented or replaced from time to time.

  • Security Documents means the Security Agreement, the Mortgages, the Intellectual Property Security Agreement, the Pledge Agreement, the Facility Guarantee, and each other security agreement or other instrument or document executed and delivered pursuant to this Agreement or any other Loan Document that creates a Lien in favor of the Collateral Agent to secure any of the Obligations.

  • Existing Mortgages means any mortgage, deed of trust or deed delivered pursuant to the Existing Credit Agreement including any amendments, modifications, restatements or assignments thereof.