Guarantee Collateral definition

Guarantee Collateral means the collateral described in Schedule 1-B hereto.
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Guarantee Collateral means the collateral subject to the security interests created pursuant to the security documents described in Schedule 1-B hereto.
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Guarantee Collateral means Province of British Columbia bonds in a form acceptable to the Owner in the face amount of $679,000, maturing on June 9, 2008, bearing interest at six percent (6%) per annum, held in accordance with the Security and any interest accrued thereon which has not otherwise been paid to On-Line in accordance with the terms of the Guarantee and the Security.
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Examples of Guarantee Collateral in a sentence

  • If we have identified gross misconduct by you, our approach is different.

  • All capitalized terms used but not otherwise defined herein have the meanings given to them in the Revolving Loan Credit Agreement, the Term Loan Credit Agreement or the Guarantee, Collateral and Intercreditor Agreement, as applicable.

  • On the Original Issue Date set forth above, the Company will issue to the LLC a funding agreement (the "Designated Funding Agreement"), containing the following terms, and such Designated Funding Agreement will compose part of the Designated Secured Guarantee Collateral upon the pledge and collateral assignment of and the grant of a security interest in, the Funding Agreement by the LLC to the Indenture Trustee: Funding Agreement to be issued by the Company effective as of the Original Issue Date.

  • The security interests granted pursuant to this Agreement are granted in conjunction with the security interests granted to the Collateral Agent (and its successors and assigns), for the ratable benefit of the Secured Parties, pursuant to the Guarantee, Collateral and Intercreditor Agreement.

  • In executing any amended or supplemental Indenture, Subsidiary Guarantee, Collateral Document or Note, the Trustee shall be entitled to receive and (subject to Section 7.01 hereof) shall be fully protected in relying upon, in addition to the documents required by Section 14.04 hereof, an Officers’ Certificate and an Opinion of Counsel stating that the execution of such amended or supplemental indenture is authorized or permitted by this Indenture.

  • The Trustee shall sign any amended or supplemental Indenture, Subsidiary Guarantee, Collateral Document or Note authorized pursuant to this Article Nine if the amendment or supplement does not adversely affect the rights, duties, liabilities or immunities of the Trustee.

  • The Issuers or any Subsidiary Guarantor may not sign an amendment or supplemental Indenture, Subsidiary Guarantee, Collateral Document or Note until its Management Committee or Board of Directors, as the case may be, approves it.

  • Except for the Permitted Liens, IP Holder has good and marketable title to each item of the Guarantee Collateral free and clear of any and all Liens, claims or encumbrances of others.

  • The powers conferred on the Indenture Trustee and the Noteholders hereunder are solely to protect the Indenture Trustee’s and the Noteholders’ interests in the Guarantee Collateral and shall not impose any duty upon the Indenture Trustee or any Noteholder to exercise any such powers.

  • The Indenture Trustee shall have the right upon any such public sale or sales, and, to the extent permitted by law, upon any such private sale or sales, to purchase the whole or any part of the Guarantee Collateral so sold, free of any right or equity of redemption in IP Holder, which right or equity is hereby waived and released.


More Definitions of Guarantee Collateral

Guarantee Collateral means the collateral subject to the security interests created pursuant to the security documents described in Schedule 1-B hereto. "Guarantor" means the Parent and the Subsidiary Guarantors and any of the Parent's Subsidiaries that guarantees the Notes pursuant to the provisions of this Indenture, in each case, until the Guarantee of such Person has been released in accordance with the provisions of this Indenture. "Holder" means a Person whose name is registered in the Security Register. "IGT" means IGT, a corporation incorporated under the laws of Nevada and a wholly owned Subsidiary of IGT US HoldCo. "IGT Canada Solutions ULC" means IGT Canada Solutions ULC, an unlimited liability company amalgamated under the laws of Nova Scotia and, as of the Issue Date, a direct wholly-owned Subsidiary of the Parent. "IGT Foreign Holdings Corporation" means IGT Foreign Holdings Corporation, a corporation incorporated under the laws of Delaware and, as of the Issue Date, an indirect wholly-owned Subsidiary of the Issuer. "IGT Germany Gaming GmbH" means IGT Germany Gaming GmbH, a limited liability company (Gesellschaft mit beschränkter Haftung) incorporated under the laws of the Federal Republic of Germany and, as of the Issue Date, an indirect wholly-owned Subsidiary of the Parent. "IGT Global Solutions Corporation" means IGT Global Solutions Corporation, a corporation incorporated under the laws of Delaware and, as of the Issue Date, an indirect wholly-owned Subsidiary of the Issuer. "IGT US HoldCo" means International Game Technology, a corporation incorporated under the laws of Nevada and, as of the Issue Date, a direct wholly-owned Subsidiary of the Parent. "IGT US OpCo" means IGT, a corporation incorporated under the laws of Nevada and, as of the Issue Date, an indirect wholly-owned Subsidiary of the Parent. "Indenture" means this Indenture as it may be amended, modified or supplemented from time to time. "Initial Guarantors" means IGT, IGT Canada Solutions ULC, IGT Foreign Holdings Corporation, IGT Germany Gaming GmbH, IGT Global Solutions Corporation, the Italian Guarantor and IGT US Holdco. "Intercreditor Agreement" means the Intercreditor Agreement dated April 7, 2015 among the Parent as the Parent; Mediobanca —
Sample 1
Guarantee Collateral means bonds in a form acceptable to the Owner, or other securities mutually acceptable to the parties, in the face amount of $1,838,000, maturing on December 31, 2007, held in accordance with the Security and any interest accrued thereon which has not otherwise been paid to On-Line in accordance with the terms of the Guarantee and the Security.
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Guarantee Collateral means the Issue Date Guarantee Collateral and the Post Completion Guarantee Collateral.
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Related to Guarantee Collateral

  • Indenture Collateral has the meaning set forth in the Granting Clause of the Indenture.

  • Collateral means all of the “Collateral” referred to in the Collateral Documents and all of the other property that is or is intended under the terms of the Collateral Documents to be subject to Liens in favor of the Administrative Agent for the benefit of the Secured Parties.

  • 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.

  • Guarantee and Collateral Agreement the Guarantee and Collateral Agreement to be executed and delivered by the Borrower and each Subsidiary Guarantor, substantially in the form of Exhibit A, as the same may be amended, supplemented or otherwise modified from time to time.

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

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

  • Senior Collateral Agent means Citicorp USA, Inc., in its capacity as Senior Collateral Agent under the Senior Collateral Documents, and its successors.

  • First Priority Obligations means (a) with respect to the Existing First Priority Agreement, all “Obligations” of each Loan Party as defined in the Existing First Priority Agreement and (b) with respect to each other First Priority Agreement, all “Obligations” of each Loan Party as defined in such First Priority Agreement, and shall in any event include (i) all principal of and interest (including without limitation any Post-Petition Interest) and premium (if any) on all loans made or other indebtedness issued or incurred pursuant to such First Priority Agreement, (ii) all reimbursement obligations (if any) and interest thereon (including without limitation any Post-Petition Interest) with respect to any letter of credit or similar instruments issued pursuant to such First Priority Agreement, (iii) all Specified Swap Agreements, (iv) all Specified Cash Management Agreements and (v) all guarantee obligations, fees, expenses and other amounts payable from time to time pursuant to the applicable First Priority Documents, in each case whether or not allowed or allowable in an Insolvency Proceeding. To the extent any payment with respect to any First Priority Obligation (whether by or on behalf of any Loan Party, as proceeds of security, enforcement of any right of setoff or otherwise) is declared to be a fraudulent conveyance or a preference in any respect, set aside or required to be paid to a debtor in possession, any Second Priority Secured Party, receiver or similar Person, then the obligation or part thereof originally intended to be satisfied shall, for the purposes of this Agreement and the rights and obligations of the First Priority Secured Parties and the Second Priority Secured Parties, be deemed to be reinstated and outstanding as if such payment had not occurred.

  • 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 Borrower 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.

  • Priority Lien Security Documents means the Priority Credit Agreement (insofar as the same grants a Lien on the Collateral), each agreement listed in Part A of Exhibit B hereto, and any other security agreements, pledge agreements, collateral assignments, mortgages, deeds of trust, control agreements, or grants or transfers for security, now existing or entered into after the date hereof, executed and delivered by the Borrower or any other Grantor creating (or purporting to create) a Lien upon Collateral in favor of the Priority Lien Agent (including any such agreements, assignments, mortgages, deeds of trust and other documents or instruments associated with any Priority Substitute Credit Facility).

  • 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.

  • Collateral and Guarantee Requirement means, at any time, the requirement that:

  • Hedge Collateral Defined in Section 5.3(b).

  • Second Lien Security Documents means the “Security Documents”, as defined in the Second Lien Credit Agreement, and any other agreement, document or instrument pursuant to which a Lien is granted to secure any Second Lien Obligations or under which rights or remedies with respect to any such Lien are governed.

  • Second Priority Collateral Documents means the Noteholder Collateral Documents and any other agreement, document or instrument pursuant to which a Lien is now or hereafter granted securing any Second Priority Claims or under which rights or remedies with respect to such Liens are at any time governed.