NON-FIXED ASSETS definition

NON-FIXED ASSETS means, with respect to any Obligor, any and all assets or properties of such Obligor other than Fixed Assets.
NON-FIXED ASSETS as defined in the Gavilon Agreement (the “Gavilon Liens”), which liens are proposed to be superior to Lender’s lien therein in accordance with the terms of such agreements but subject to the Intercreditor Agreement (as defined herein).