Noteholder First Lien Collateral definition

Noteholder First Lien Collateral has the meaning assigned to such term in the Intercreditor Agreement.
Noteholder First Lien Collateral means any and all Noteholder Collateral other than the Revolving Facility First Lien Collateral.
Noteholder First Lien Collateral as defined in the Intercreditor Agreement as of the Issue Date.

Examples of Noteholder First Lien Collateral in a sentence

  • To the extent that an insured loss covers or constitutes both Revolving Facility First Lien Collateral and Noteholder First Lien Collateral, then the Collateral Agent and the Noteholder Collateral Agent will work jointly and in good faith to collect, adjust or settle (subject to the rights of the Grantors under the Revolving Facility Documents and the Noteholder Documents) under the relevant insurance policy.

  • An employer can give tasks to its employers after the mandatory closure at 3 pm, such as taking stocks, loading goods, cleaning, or checking orders and deliveries, etc.

  • There are records in literature wherein industrial solid wastes in combination with primary binders have given much better results than them being used as standalone stabilizers and can also result in pozzolanic strength gain over primary binder stabilization alone [17].

  • The Noteholder Collateral Agent (i) acknowledges and consents to the grant to the Collateral Agent by the Grantors upon and during the continuance of an Event of Default of a limited, non-exclusive royalty-free license in the form of Exhibit A hereto (the “Closing Date License”) and (ii) agrees that its Liens in the Noteholder First Lien Collateral shall be subject to the Closing Date License.

  • The foregoing shall not prohibit the Collateral Agent or any Note Claimholder from objecting to the terms of any DIP Financing to the extent that such DIP Financing is secured by a senior Lien on any Noteholder First Lien Collateral.


More Definitions of Noteholder First Lien Collateral

Noteholder First Lien Collateral means the Collateral unless and until an Intercreditor Agreement is effective and thereafter has the meaning assigned to such term in the applicable Intercreditor Agreement.
Noteholder First Lien Collateral means the Notes Collateral, other than the ABL Collateral with respect to First Priority Lien Obligations.
Noteholder First Lien Collateral means all present and future right, title and interest of the Grantors, whether now owned or hereafter acquired, existing or arising, and wherever located, in all of the assets and property of any Grantor, whether real, personal or mixed (other than in the Excluded Assets and the ABL First Lien Collateral), including, without limitation, all: (a) equipment; (b) Real Estate Assets; (c) intellectual property; (d) all general intangibles that do not constitute ABL First Lien Collateral; (e) documents of title related to equipment; (f) books and records, supporting obligations and related letters of credit, commercial tort claims or other claims and causes of action, in each case, to the extent related primarily to the foregoing; and (g) substitutions, replacements, accessions, products and proceeds (including, without limitation, insurance proceeds, licenses, royalties, income, payments, claims, damages and proceeds of suit) of any or all of the foregoing.
Noteholder First Lien Collateral means all of the following property of each Grantor 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:
Noteholder First Lien Collateral means any and all Noteholder Collateral other than, with respect to ABL Obligations under an ABL Agreement and the related ABL Security Documents, the related ABL First Lien Collateral.
Noteholder First Lien Collateral under, and as defined in, the Intercreditor Agreement.
Noteholder First Lien Collateral means all of the tangible and intangible properties and assets at any time owned or acquired by Holdings or any Grantor, except: