Fixed Assets Collateral definition

Fixed Assets Collateral means all assets (other than the ABL Collateral) that secure the Obligations under the Notes, the Notes Guarantees and this Indenture.
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Fixed Assets Collateral means all assets and property of the Company and the Guarantors, now owned or hereafter acquired, or in which the Company or any Guarantor now has or hereafter acquires any interest, including the following assets and property, now owned or hereafter acquired by the Company and the Guarantors or in which the Company or any Guarantor now has or hereafter acquires any interest, but excluding the Working Capital Collateral and Excluded Assets:
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Fixed Assets Collateral means all "Collateral" as such term is defined in each Fixed Assets Security Document including, without limitation, the real property, fixtures and equipment of the Borrowers and the pledge by certain Borrowers of the Capital Securities of certain Subsidiaries.
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Examples of Fixed Assets Collateral in a sentence

  • This Agreement, together with the other Fixed Assets Documents and the Fixed Assets Collateral Documents, represents the entire agreement of each of the Grantors and the Fixed Assets Claimholders with respect to the subject matter hereof and thereof and supersedes any and all previous agreements and understandings, oral or written, relating to the subject matter hereof and thereof.

  • As of the date of this Agreement, the agreed value of all Fixed Assets Collateral is $28,500,000, so that under the Borrowing Base, up to $7,125,000 in Advances could be requested and funded by Borrower based on the Fixed Assets component of the Borrowing Base.

  • BARCLAYS BANK PLC, as Initial Fixed Assets Representative and Initial Fixed Assets Collateral Agent By: Name: Title: [NOTICE ADDRESS] [ ], as Initial Other Collateral Agent By: Name: Title: [NOTICE ADDRESS] [ ], as Initial Other Representative By: Name: Title: [NOTICE ADDRESS] STAPLES, INC.

  • Each Fixed Assets Debt Agent shall give written notice to the ABL Agent identifying the Fixed Assets Collateral Proceeds Account.

  • Upon the Discharge of Capped Fixed Assets Secured Obligations, the Collateral Trustee will deliver to the ABL Collateral Agent any Fixed Assets Collateral and proceeds thereof held by it or as a court of competent jurisdiction may otherwise direct to be applied by the ABL Collateral Agent in such order as specified in the Working Capital Secured Debt Documents.

  • The release fee shall be fully earned upon the release of the Agent's Liens in any Fonda Fixed Assets Collateral as aforesaid and shall be non-refundaxxx.

  • The Borrower agrees that if the Agent's Liens in any Fonda Fixed Assets Collateral is released in connection with the isxxxxxe of the Senior Refinancing Notes as contemplated by Section 6.1 of the Loan and Security Agreement as amended hereby, then the Borrower shall, on the first Business Day of the month following the month in which such release is effected, pay to the Agent for the ratable benefit of the Lenders a release fee in the amount of $800,000.

  • Each Fixed Asset Collateral Agent hereby appoints and designates the Designated Fixed Asset Collateral Agent to act as Designated Fixed Assets Collateral Agent hereunder and the Designated Fixed Asset Collateral Agent hereby accepts such appointment.

  • Without limiting the generality of the foregoing, each Fixed Assets Debt Agent hereby agrees that if the Fixed Assets Collateral Proceeds Account contains any proceeds of the ABL Priority Collateral, it shall hold such proceeds in trust for the ABL Secured Parties and transfer such proceeds the ABL Secured Parties reasonably promptly after obtaining actual knowledge or notice from the ABL Secured Parties that it has possession of such proceeds in accordance with Section 2.04(b).

  • Each of the Senior Notes Secured Parties agrees that its security interest in and liens on the Fixed Assets Collateral shall be subordinated and junior in all respects to the Fixed Assets Secured Parties' security interests in and liens on all such Fixed Assets Collateral.


More Definitions of Fixed Assets Collateral

Fixed Assets Collateral means substantially all (a) machinery, equipment, furniture, fixtures, intellectual property, owned real property, general intangibles (except those constituting ABL Collateral and relating thereto) and proceeds of the foregoing, (b) all of the Capital Stock and intercompany notes of the Company and each Subsidiary of the Company owned by the Company or any Guarantor (limited, in the case of Foreign Subsidiaries, to 65% of the voting Capital Stock and 100% of the non-voting Capital Stock of each first-tier Foreign Subsidiary), and (c) all other current and future tangible and intangible assets of the Company and the Guarantors, in each case other than ABL Collateral and Excluded Assets.
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Related to Fixed Assets Collateral

  • Current Asset Collateral means all the “ABL Priority Collateral” as defined in the ABL Intercreditor Agreement.

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. 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 Secured Obligations.

  • Fixed Assets means Equipment and Real Estate.

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • UCC Collateral is defined in Section 3.03.

  • Security Assets means all of the assets of the Transaction Obligors which from time to time are, or are expressed to be, the subject of the Transaction Security.

  • Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:

  • Trade Secrets Collateral means all common law and statutory trade secrets and all other confidential or proprietary or useful information and all know-how obtained by or used in or contemplated at any time for use in the business of the Grantor (all of the foregoing being collectively called a "Trade Secret"), whether or not such Trade Secret has been reduced to a writing or other tangible form, including all documents and things embodying, incorporating or referring in any way to such Trade Secret, all Trade Secret licenses, including each Trade Secret license referred to in Schedule V attached hereto, and including the right to xxx for and to enjoin and to collect damages for the actual or threatened misappropriation of any Trade Secret and for the breach or enforcement of any such Trade Secret license.

  • ABL 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 ABL Obligations.

  • Borrowing Base Property means any one of the Borrowing Base Properties.

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Fixed Asset Supplies means items included within “Property and Equipment” under the Uniform System of Accounts including, but not limited to, linen, china, glassware, tableware, uniforms, and similar items, whether used in connection with public space or Guest Rooms.

  • Real Property Collateral means the parcel or parcels of Real Property identified on Schedule R-1 and any Real Property hereafter acquired by Borrower.

  • Borrowing Base Properties means the Oil and Gas Properties of the Credit Parties included in the Initial Reserve Report and thereafter in the most recently delivered Reserve Report delivered pursuant to Section 9.14.

  • Personal Property Collateral means all Collateral other than Real Property.

  • Receivables Collateral That portion of the Collateral which consists of Accounts, Accounts Receivable, General Intangibles, Chattel Paper, Instruments, Documents of Title, Documents, Investment Property, Payment Intangibles, Letter-of-Credit Rights, bankers' acceptances, and all other rights to payment.

  • Account Collateral means, with respect to each Account, such Account, together with all cash, securities, Financial Assets and investments and other property from time to time deposited or credited to such Account and all proceeds thereof, including, with respect to the Reserve Fund, the Reserve Fund Deposit and the Reserve Fund Amount.

  • Canadian Collateral means any and all property of any Canadian Loan Party covered by the 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.

  • First Priority Collateral means all assets, whether now owned or hereafter acquired by the Borrower or any other Loan Party, in which a Lien is granted or purported to be granted to any First Priority Secured Party as security for any First Priority Obligation.

  • Excluded Assets has the meaning set forth in Section 2.02.

  • Senior Collateral means any “Collateral” as defined in any Credit Agreement Loan Document or any other Senior Debt Document or any other assets of the Company or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Senior Collateral Document as security for any Senior Obligations.

  • Included Assets has the meaning in Section 5.1(d)(ii)(A).

  • Inventory is all “inventory” as defined in the Code in effect on the date hereof with such additions to such term as may hereafter be made, and includes without limitation all merchandise, raw materials, parts, supplies, packing and shipping materials, work in process and finished products, including without limitation such inventory as is temporarily out of Borrower’s custody or possession or in transit and including any returned goods and any documents of title representing any of the above.

  • Fixed Asset means a tangible non-current asset, including buildings and equipment, acquired not for sale but for use for the Project during the Eligible Expenditure Period;

  • Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.

  • Security alarm system means a device or series of devices, intended to summon law enforcement personnel during, or as a result of, an alarm condition. Devices may include hard- wired systems and systems interconnected with a radio frequency method such as cellular or private radio signals that emit or transmit a remote or local audible, visual, or electronic signal; motion detectors, pressure switches, duress alarms (a silent system signal generated by the entry of a designated code into the arming station to indicate that the user is disarming under duress); panic alarms (an audible system signal to indicate an emergency situation); and hold-up alarms (a silent system signal to indicate that a robbery is in progress).