Intermediation Facility Priority Collateral definition

Intermediation Facility Priority Collateral means the Intermediation Facility Priority Collateral and/or the Renewables Intermediation Facility Priority Collateral, each as defined in the A&R Intercreditor Agreement, as the context requires.
Sample 1
Intermediation Facility Priority Collateral means all of the following assets of the Company with respect to which a Lien is granted as security for the Intermediation Facility Obligations in each case whether tangible or intangible: (a) all Inventory subject to or intended to be sold as Intermediation Title Property under the Intermediation Facility Documents; (b) all Inventory constituting Hydrocarbon Credit Support; (c) the Intermediation Facility Secured Parties’ Business Interruption Insurance Percentage of the proceeds of business interruption insurance policies (subject in all respects to Section 3.08); and (d) all Proceeds of (including other proceeds of insurance with respect to the foregoing), and Supporting Obligations (including Letter-of-Credit Rights) with respect to, any of the foregoing.
Sample 1Sample 2
Intermediation Facility Priority Collateral has the meaning specified therefor in the Intercreditor Agreement.
Sample 1

Examples of Intermediation Facility Priority Collateral in a sentence

  • The Grantors agree that, if any Person shall become a Subsidiary of the Company or the Renewables Company to the extent it owns any assets that would constitute Renewables Intermediation Facility Priority Collateral or Intermediation Facility Priority Collateral after the Amendment and Restatement Date, it will promptly cause such Subsidiary to become a Grantor hereto by executing and delivering an instrument in the form of Annex III.

  • With the psychiatric classification of homosexuality as mental illness; the fact that Paris was given multiple drugs; and the social, political, and carceral dehumanization of homosexual men, it is not a stretch to wonder if similar experimentation was happening at Alcatraz.Conclusion At the core of the abuses of the state in the incarceration of sodomy prisoners at Alcatraz is the question of the ethical value of the prison.


More Definitions of Intermediation Facility Priority Collateral

Intermediation Facility Priority Collateral means all of the following assets of the Company with respect to which a Lien is granted as security for the Intermediation Facility Obligations in each case whether tangible or intangible: (a) all Inventory, including Inventory subject to or intended to be sold as Intermediation Title Property under the Intermediation Facility Documents (and solely to the extent a Lien is granted on such assets under any Intermediation Facility Security Documents, Renewable Products, Renewable Feedstock, Environmental Attributes, Catalyst Assets and RINs); (b) all Inventory constituting Hydrocarbon Credit Support, (c) the Intermediation Facility Secured Parties’ Business Interruption Insurance Percentage of the proceeds of business interruption insurance policies (subject in all respects to Section 3.08); (d) all Proceeds of (including other proceeds of insurance with respect to the foregoing), and Supporting Obligations (including Letter-of-Credit Rights) with respect to, any of the foregoing and (e) the Intermediation Cash Collateral.
Sample 1

Related to Intermediation Facility Priority Collateral

  • 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.

  • First Lien Collateral Documents means the Collateral Documents (as defined in the First Lien Credit Agreement) and any other agreement, document or instrument pursuant to which a Lien is granted securing any First Lien Obligations or under which rights or remedies with respect to such Liens are governed.

  • Senior Collateral Documents means the Collateral Agreement and the other Security Documents, the Pari Passu Intercreditor Agreement (upon and after the initial execution and delivery thereof by the initial parties thereto) and each of the security agreements and other instruments and documents executed and delivered by the Borrower or any other Grantor for purposes of providing collateral security for any Senior Obligation.

  • First Priority Principal Payment means, for a Payment Date, the greater of:

  • 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 Borrower 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.

  • Second Lien Collateral Documents means the “Security Documents” or “Collateral Documents” (as defined in the applicable Second Lien Documents) and any other agreement, document or instrument pursuant to which a Lien is granted securing any Second Lien Obligations or pursuant to which any such Lien is perfected.

  • Debt Facility means any Senior Facility and any Second Priority Debt Facility.