Hot Mill Collateral definition

Hot Mill Collateral means the real property constituting the Company's Hot Strip Mill located at Company's Weirton, West Virginia steel-making facility, which converts slabs into flat rolled coils, together with all equipment and fixtures now or hereafter located thereon (whether or not later moved), as described with particularity in the Hot Mill Deed of Trust, together with all other property, real or personal, conveyed by or pledged under or pursuant to the Hot Mill Deed of Trust and/or the Security Agreement and otherwise described as "Property" or "Collateral", respectively, therein; provided, however, that only that portion of the "Collateral" described in the Security Agreement which is located on, is used in connection with or is proceeds of the Hot Strip Mill shall be included as part of the "Hot Mill Collateral."
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Hot Mill Collateral means the real property constituting Company's Hot Strip Mill located at Company's Weirton, West Virginia steel-making facility, which converts slabs into flat rolled coils and which is legally described on Exhibit A-4 attached to the Agent's Loan Agreement, as in effect on the date hereof, together with all equipment and fixtures now or hereafter located thereon (whether or not later moved), including without limitation the equipment listed on Exhibit A-5 attached to the Agent's Loan Agreement, as in effect on the date hereof and all property of the types described in clauses (viii), (ix) and (x) of the definition of the term "Collateral" and related to any of the foregoing.
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Examples of Hot Mill Collateral in a sentence

  • The Project Assets are and will remain located physically separate from the Tandem Mill Collateral, the Tin Mill Collateral and the Hot Mill Collateral, except for certain effluent collection and piping systems connected to the real Property improvements included in the Hot Mill Collateral.

  • The due and punctual payment and performance of the Obligations shall also be secured by the Lien created by the Mortgages upon the real Property portions of the Tandem Mill Collateral, the Hot Mill Collateral and the Tin Mill Collateral.

  • Borrower shall deliver to Agent such other documents, including without limitation as-built ALTA surveys of such real Property showing all improvements in the property, and otherwise in form satisfactory to Agent, as Agent and its counsel may reasonably request relating to the real Property subject to the Mortgages; provided, that such surveys with respect to the real Property portions of the Tin Mill Collateral and the Hot Mill Collateral need not be delivered until May 31, 2002.