Examples of GP Collateral in a sentence
On the Closing Date and on each Borrowing Date, none of the properties and assets (including the Pool Receivables and other Collateral) of the Borrower, or the Borrower GP Collateral, are subject to any Liens (other than Permitted Liens) not permitted by this Agreement.
From and after the Fourth Amendment Effective Date, the Administrative Agent shall take any and all actions necessary (including any actions necessary to terminate the GP Cash Collateral Account Control Agreement, the GP Cash Collateral Pledge Agreement and the Equity Holder Agreement) to cause its Lien on and security interest in the GP Collateral, including, without limitation, the GP Cash Collateral Account, to be released as contemplated by Section 4 of the Fourth Amendment.
Any release pursuant to this Section 4 is only a partial release and shall not affect the Liens and security interests of the Administrative Agent in any Collateral other than the GP Collateral, nor shall such partial release affect the obligations of any Loan Party to pay the Secured Obligations.