LLC Collateral definition

LLC Collateral shall have the meaning ascribed thereto in Section 3(m) hereof.
LLC Collateral means all of the Membership Interests of the Pledgor in the Companies and all Proceeds therefrom.
LLC Collateral shall have the meaning assigned to that term in Section -------------- ------- 3.01(a). -------

Examples of LLC Collateral in a sentence

  • Additionally, Debtor agrees that no Partnership and LLC Collateral (A) shall be dealt in or traded on any securities exchange or in any securities market, (B) shall constitute an investment company security, or (C) shall be held by Debtor in a securities account.

  • One (1) 2019 International MV607 Vin #1XXXXXXX0XX000000 One (1) 2019 International MV607 Vin #1XXXXXXX0XX000000 One (1) 2019 International MV607 Vin #1XXXXXXX0XX000000 One (1) 2020 International MV607 Vin #1XXXXXXX0XX000000 One (1) 2020 International MV607 Vin #3XXXXXXX0XX000000 New Jersey UCC lien 52846212(2) 06/19/2018 Bellridge Capital, L.L.C. Collateral: Substantially all of the assets of the Debtor.

  • Xxxxxxx Title: Chief Credit Officer Denali Capital LLC, Managing Member of DC Funding Partners LLC, Collateral Manager for DENALI CAPITAL CLO VI, LTD., as a Lender By: /s/ Xxxx X.

  • Neither this Pledge Agreement nor any action on the part of the Collateral Agent (other than an express written assumption) shall constitute an assumption by the Collateral Agent of any of the obligations of the Pledgor related to any of the LLC Collateral, and the Pledgor shall continue to be liable for all such obligations whether incurred before or after an Event of Default.

  • The exercise by the Trustee or the Collateral Agent of any of the rights or remedies hereunder shall not release the Pledgor from any of its duties or obligations under any agreements included in the LLC Collateral, except to the extent the Pledgor is expressly released therefrom by the Trustee or the Collateral Agent in writing.

  • Accordingly, the Collateral Agent shall not enforce its rights with respect to the LLC Collateral until such time as an Event of Default shall have occurred and be continuing.

  • The powers conferred on the Collateral Agent hereunder are solely to protect the Collateral Agent's interests in the LLC Collateral and shall not impose any duty upon it to exercise any such powers.

  • Xxxxxxx Title: Chief Credit Officer Denali Capital LLC, Managing Member of DC Funding Partners LLC, Collateral Manager for Spring Road CLO 2007-1, LTD., as a Lender By: /s/ Xxxx X.

  • Xxxxxxx Title: Chief Credit Officer Denali Capital LLC, Managing Member of DC Funding Partners LLC, Collateral Manager for DENALI CAPITAL CLO VII, LTD.

  • To the extent not prohibited by applicable law, the Agent shall not foreclose on or sell any portion of the Total Pledged Dairy LLC Collateral of a particular class owned by a particular Dairy LLC Pledgor unless the Agent forecloses on or sells the Total Pledged Dairy LLC Collateral of such class (based upon the number of shares owned by a particular Dairy LLC Pledgor and the total number of shares of such class which are pledged to the Agent) owned by all Dairy LLC Pledgors on a pro rata basis.


More Definitions of LLC Collateral

LLC Collateral all of the following property now owned or at any time hereafter acquired by the Pledgor or in which the Pledgor now has or from time to time may have any right, title or interest:

Related to LLC Collateral

  • UCC Collateral is defined in Section 3.03.

  • 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.

  • 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.

  • 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.

  • ABL Collateral means all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any ABL Obligations.

  • Combined Collateral LLC: Combined Collateral LLC, a Delaware limited liability company.

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

  • Stock Collateral means, collectively, the Collateral described in clauses (a) through (c) of Section 3 hereof and the proceeds of and to any such property and, to the extent related to any such property or such proceeds, all books, correspondence, credit files, records, invoices and other papers.

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

  • LC Collateral Account has the meaning assigned to such term in Section 2.06(j).

  • Guarantor Collateral all of the property (tangible or intangible) purported to be subject to the lien or security interest purported to be created by any security agreement, pledge agreement, assignment, mortgage, deed of trust or other security document heretofore or hereafter executed by any Guarantor as security for all or part of the Obligations or the Guarantees.

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

  • Senior Collateral Documents means the Security Agreement and the other “Collateral Documents” as defined in the Credit Agreement, the First Lien Intercreditor Agreement (upon and after the initial execution and delivery thereof by the initial parties thereto) and each of the collateral agreements, 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.

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

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

  • Notes Collateral means the portion of the Collateral as to which the First Lien Notes Secured Parties have a first-priority security interest subject to certain Permitted Liens.

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

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

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

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

  • 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.

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

  • UCC Filing Collateral means any Collateral, including Collateral constituting investment property, for which a security interest can be perfected by filing a UCC-1 financing statement.

  • Current Asset Collateral means all the “ABL Priority Collateral” as defined in the ABL Intercreditor Agreement.

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