Guaranty Collateral definition

Guaranty Collateral means "Collateral" as such term is defined in any Guarantor Security Agreement in effect.
Guaranty Collateral means the collateral in which the Guarantor grants a security interest in favor of the Buyer pursuant to Section 2.03 of the Guaranty Agreement.
Guaranty Collateral means the cash collateral in an amount equal to $3,833,972.22 in which Alpine has granted a perfected (by control) first priority security interest to the Administrative Agent pursuant to the terms of the Pledge Agreement and the Control Agreement.

Examples of Guaranty Collateral in a sentence

  • If requested by the Administrative Agent, the Administrative Agent shall receive an opinion of counsel for the Borrower in form and substance reasonably satisfactory to the Administrative Agent in respect of matters reasonably requested by the Administrative Agent relating to any Guaranty, Collateral Document or joinder agreement delivered pursuant to this Section, dated as of the date of such Guaranty, Collateral Document or joinder agreement.

  • On or prior to the Closing Date, there shall be established at Deutsche Bank Trust Company Americas, as the Securities Intermediary, the Completion Guaranty Deposit Account pursuant to the Completion Guaranty Collateral Account Agreements.

  • Notwithstanding anything to the contrary contained in this Guaranty, Collateral Agent’s and the Lenders’ sole right to recover from Guarantor under this Guaranty shall be limited to the Pledged DRI Shares, and Collateral Agent and the Lenders shall not have any right of recourse against any other assets of Guarantor arising out of this Guaranty.

  • The amount of the required unit tax, t, is defined by trEˆ ($ ‡ r [s ‡ t]) = t (O) rEˆ ($ ‡ r [s ‡ O]) .

  • Each Lender authorizes the Agent to enter into and amend pursuant to, and in accordance with, Section 8.2 each Guaranty, Collateral Document or related intercreditor agreement to which it is or may become a party and to take all action contemplated by such documents (it being agreed that clauses (vii) and (ix) of the proviso in Section 8.2(a) shall apply to amendments to any Loan Document).

  • The Administrative Agent shall have the right (but not the obligation) to bid for (including by credit bid) and purchase any or all Guaranty Collateral at any public or private sale.

  • Each Guarantor also authorizes the Lender, at any time and from time to time, to execute, in connection with any sale of Guaranty Collateral provided for in this Section 3, any endorsements, assignments or other instruments of conveyance or transfer with respect to the Guaranty Collateral.

  • The Agent shall not be obligated to make any sale of Guaranty Collateral regardless of notice of sale having been given.

  • Further, each Guarantor agrees that if any Excluded Collateral should, at any time following the Effective Date, become Guaranty Collateral on which the Lender is permitted to take a Lien, such Guarantor shall so notify the Lender and cooperate with and shall take all steps as may be reasonably required by the Lender to enable and continue the perfection of the Lender’s security interests therein.

  • Guarantor will remain fully liable for any portion of the claim that exceeds the amount of the Term Extension Letter of Credit or the Guaranty Collateral.


More Definitions of Guaranty Collateral

Guaranty Collateral has the meaning set forth in Section 2.22 hereof.
Guaranty Collateral has the meaning set forth in Section 7 of this Guaranty.
Guaranty Collateral means the collateral in which the Guarantor grants a security interest in favor of the Buyer pursuant to Section 7.04(a) hereof.

Related to Guaranty Collateral

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Equity Collateral shall have the meaning set forth in Section 11.6 hereof.

  • ABL Priority Collateral has the meaning set forth in the Intercreditor Agreement.

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

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

  • 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.

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

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority 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 Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • Security Collateral with respect to any Granting Party, means, collectively, the Collateral (if any) and the Pledged Collateral (if any) of such Granting Party.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • UCC Collateral is defined in Section 3.03.

  • Credit Agreement Collateral Agent has the meaning assigned to such term in the introductory paragraph of this Agreement.

  • Priority Collateral means the ABL Priority Collateral or the Term Priority Collateral, as applicable.

  • Term Loan Priority Collateral as defined in the Intercreditor Agreement.

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

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

  • 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.

  • Second Priority Collateral Documents means the Initial Second Priority Collateral Documents and each of the collateral agreements, security agreements and other instruments and documents executed and delivered by the Borrower or any Grantor for purposes of providing collateral security for any Second Priority Debt Obligation.

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

  • Purchase-money collateral means goods or software that secures a purchase-money obligation incurred with respect to that collateral; and

  • Intellectual Property Collateral means, collectively, the Patents, Trademarks, Copyrights, Intellectual Property Licenses and Goodwill.

  • Possessory Collateral means any Shared Collateral in the possession of a Collateral Agent (or its agents or bailees), to the extent that possession thereof perfects a Lien thereon under the Uniform Commercial Code of any jurisdiction. Possessory Collateral includes, without limitation, any Certificated Securities, Promissory Notes, Instruments, and Chattel Paper, in each case, delivered to or in the possession of the Collateral Agent under the terms of the First-Lien Security Documents.

  • 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.

  • 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.

  • Credit Agreement Collateral Documents means the Security Agreement, the other Collateral Documents (as defined in the Credit Agreement) and each other agreement entered into in favor of the Credit Agreement Collateral Agent for the purpose of securing any Credit Agreement Obligations.

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