Intercreditor Collateral definition

Intercreditor Collateral means all “Pledged Collateral” (or equivalent term) as defined in the ABL Security Agreement as in effect on the date hereof.

Intercreditor Collateral as defined in the ABL Intercreditor Agreement.

Intercreditor Collateral means ABL Collateral in which the Noteholder Secured Parties have a Lien.

Examples of Intercreditor Collateral in a sentence

• Where, by a provision of this Constitution, a Notice is required to be signed, that requirement may be satisfied in relation to an electronic communication of the Notice in any manner permitted by the Corporations Act relating to electronic transmissions or in any other manner approved by the Directors.

• Nothing in this Agreement impairs or otherwise adversely affects any rights or remedies the ABL Collateral Agent or the ABL Secured Parties may have with respect to the Intercreditor Collateral.

• Nothing herein is intended, or shall be construed to give, any other Person any right, remedy or claim under, to or in respect of this Agreement or any Intercreditor Collateral.

• Proceeds of Intercreditor Collateral include insurance proceeds and, therefore, the Lien Priority shall govern the ultimate disposition of insurance proceeds to the extent such insurance insures Intercreditor Collateral.

• Insurance Proceeds and Net Awards so deposited that may be applied by each Indenture Obligor or any of its Obligor Subsidiaries to effect a Restoration of the affected Collateral under the applicable Security Document may be withdrawn from the Intercreditor Collateral Account only in accordance with the applicable provisions of the Common Security and Intercreditor Agreement.

More Definitions of Intercreditor Collateral

Intercreditor Collateral means ABL Collateral in which the Secured Parties have a Lien.

Intercreditor Collateral has the meaning assigned to such term in the applicable Intercreditor Agreement or, if no such Intercreditor Agreement is then in effect, the Indenture.

Intercreditor Collateral means the Installment Sales Agreement, the Installment Note and the Guarantee and all proceeds thereof and all proceeds of the conversion, voluntary or involuntary, of any of the foregoing into cash or other liquid property.

Intercreditor Collateral means, as to any Grantor, all right, title or interest of such Grantor in and to any and all of the following assets and properties now owned or at any time hereafter acquired by such Grantor or in which such Grantor now has or at any time in the future may acquire any right, title or interest:

Intercreditor Collateral is defined in the EIGHT RECITAL hereto, together with all Proceeds therefrom.

Intercreditor Collateral means the Collateral and all other collateral in which there is a Security Interest purported to be granted to a Secured Party, other than (i) the Security Interest of the Trustee in and to the Debt Service Reserve Account referred to in the Indenture and any amounts on deposit therein and (ii) the Security Interest of any other Secured Party in any debt service reserve account maintained for the benefit of the lenders under its related Senior Debt Documents.

Intercreditor Collateral means ABL Collateral in which the Noteholder Secured Parties have a Lien. “Investment Grade Securities” means: