Holdings Collateral definition
Examples of Holdings Collateral in a sentence
The Holdings Collateral Agent may, without notice or publication, adjourn any public or private sale or cause the same to be adjourned from time to time by announcement at the time and place fixed for the sale, and such sale may be made at any time or place to which the sale may be so adjourned.
Any reference to Collateral herein with respect to Holdings shall be understood to be a reference to the Holdings Collateral.
The Obligor acknowledges that any such private sales may be at prices and on terms less favorable to the Holdings Collateral Agent than those obtainable through a public sale without such restrictions.
Upon the request, and at the expense of the Obligor, the Holdings Collateral Agent shall execute and deliver all such documentation necessary to release the pledge created pursuant to this Agreement.
Notwithstanding anything to the contrary in this Agreement, no property or assets of Intermediate Holdings, or Intermediate Holdings’ right or ability to own, operate, maintain, transfer or take any other action with respect to such property or assets, other than the Intermediate Holdings Collateral shall be subject to or in any respect affected by this Agreement or the obligations of Intermediate Holdings or rights and remedies of the Secured Parties set forth herein or in any other Financing Document.