Guarantor Collateral definition

Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any mortgage, deed of trust, security agreement, pledge agreement, assignment or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.

Guarantor Collateral means, with respect to a Loan Facility, all assets of a Guarantor or other third party in which Lender is granted a Lien to secure any financial accommodations provided by Lender to Borrower.

Guarantor Collateral means all of any Guarantor's assets, howsoever arising, wherever located and whether now owned or existing or hereafter existing or acquired, including, but not limited to, the following:

Examples of Guarantor Collateral in a sentence

• Notwithstanding the foregoing, if any Lien on any Secondary Collateral or any Guarantor Collateral is not intended to be a first priority Lien, all references herein to a first priority Lien with respect to such Secondary Collateral or Guarantor Collateral shall be to a Lien in the priority set forth in Sections 6.E. and F.

• If Personal Guarantor should fail to pay any tax or other amount required by this Personal Guarantor Security Agreement to be paid or which may be reasonably necessary to protect or preserve any Personal Guarantor Collateral, the Lender may make such payment and the amount thereof shall be payable on demand, shall bear interest at the Default Rate from the date of payment by the Lender until paid and shall be deemed to be Indebtedness entitled to the benefit and security of the Loan Documents.

• There shall occur any loss, theft, damage or destruction of any Personal Guarantor Collateral, which loss is not fully insured, less applicable deductibles, and which has a Material Adverse Change.

• All obligations for indemnification hereunder for all of the foregoing losses, damages, liabilities, obligations, penalties, fees, costs and expenses shall be part of the Indebtedness, secured by the Personal Guarantor Collateral, and chargeable against the loan accounts of the Personal Guarantor.

• Guarantor agrees that each Beneficiary may proceed at any time, in its sole discretion, and without prior demand or notice, to enforce such security interest by the sale of any and all Guarantor Collateral in any manner and upon such terms as a Beneficiary may determine in its sole discretion.

More Definitions of Guarantor Collateral

Guarantor Collateral as defined in the Holdco Guarantee. “Guaranty” means, with respect to any Person, any obligation of such Person guarantying or in effect guarantying any Debt, liability or obligation of any other Person in any manner, whether directly or indirectly, including any such liability arising by virtue of partnership agreements, including any agreement to indemnify or hold harmless any other Person, any performance bond or other suretyship arrangement and any other form of assurance against loss, except endorsement of negotiable or other instruments for deposit or collection in the ordinary course of business. “Historical Financial Statements” means the audited financial statements of Parent for the fiscal year ended December 31, 2019 and the unaudited financial statements for Parent for the fiscal quarters ended March 31, 2020, June 30, 2020, September 30, 2020, and December 31, 2020. “Holdco Guarantee” means the Guarantee and Security Agreement dated as of the date hereof entered into by the Holdco Guarantor. “Holdco Guarantor” has the meaning set forth in the preamble to this Agreement. “Identified Impacted Scooters” has the meaning set forth in Section 8.01(y). “Impacted Scooter” has the meaning set forth in Section 8.01(y). “Indemnified Taxes” means (a) Taxes, other than Excluded Taxes, imposed on or with respect to any payment made by or on account of any obligation of the Credit Parties under any Transaction Document and (b) to the extent not otherwise described in clause (a) above, Other Taxes. “Ineligible Scooter” means each Scooter that is not an Eligible Scooter.

Guarantor Collateral means all Securities, including any certificates and documents of or evidencing title to the same (and the claim represented thereby), and cash balances (and the debt represented thereby) in or credited to the Guarantor Collateral Account all right, title and interest in and to which are, to the satisfaction of MLI, subject to the security created by or pursuant to this Guarantee.

Guarantor Collateral means, collectively, in respect of any Guarantor, (a) its Guarantor Personal Property, (b) its Guarantor Assignable Property and (c) if such Guarantor is Acura Pharmaceutical Technologies, Inc., its Guarantor Mortgage Property.

Guarantor Collateral. As defined in Section 3.4(f) of this Agreement.

Guarantor Collateral means "Collateral," as defined in the Guarantor Security Agreement.

Guarantor Collateral means the properties and assets of the Guarantors that are hypothecated by them in favor of Agent pursuant to the Loan Documents.

Guarantor Collateral means all collateral pledged by the Guarantor to the Lender pursuant to the Pledge Agreement.