Noteholder Priority Collateral definition

Noteholder Priority Collateral means the “Noteholder Collateral” (as defined in the Intercreditor Agreement).

Noteholder Priority Collateral has the meaning specified therefor in the Intercreditor Agreement.

Noteholder Priority Collateral means real property, fixtures and equipment of the Obligors and proceeds thereof (other than Senior Lender PP&E Proceeds and other than any real property, fixtures 135 or equipment that secures an obligation owed to an Obligor (excluding any obligation that is proceeds of property, fixtures or equipment that was Noteholder Priority Collateral) that constitutes Common Collateral).

Examples of Noteholder Priority Collateral in a sentence

• Nothing in this Agreement modifies any rights or remedies the Collateral Agent or any Noteholder may have with respect to the Noteholder Priority Collateral.

• Prior to the final hearing before the Court to approve the transactions contemplated by this Agreement, the Borrowers and the Debtor Guarantors will file, and diligently pursue, a motion to recover against the Noteholder Priority Collateral (as defined in the Intercreditor Agreement) the costs and expenses of preserving such property pursuant to Section 506(c) of the Bankruptcy Code.

• The Secured Notes are secured by a first priority security interest in and lien upon the Noteholder Priority Collateral and a second priority security interest in and lien upon, among other things, the Bank Priority Collateral.

• In addition, it elicits a large array of personal characteristics and beliefs.

• Trustee shall have the right (as between the Secured Parties) to determine whether such proceeds will be applied to the Noteholder Obligations or used to rebuild, replace or repair the affected Noteholder Priority Collateral.

More Definitions of Noteholder Priority Collateral

Noteholder Priority Collateral means all assets of Parent (other than the Pledged Stock) and any other subsidiary of the Parent (other than the Borrower) and all now owned and hereafter acquired equipment, fixtures and real property of Borrower.

Noteholder Priority Collateral has the meaning ascribed thereto in the recitals to this Agreement.

Noteholder Priority Collateral means the following assets of each Grantor, whether now existing or hereafter arising, excluding the Noteholder Excluded Property:

Noteholder Priority Collateral. [redacted]. [Canwest has redacted the description of the Noteholder Priority Collateral, which is confidential.]

Noteholder Priority Collateral as defined in the Intercreditor Agreement as in effect on the Issue Date.

Noteholder Priority Collateral means all of the assets of each Grantor, whether real, personal or mixed, other than the Bank Priority Collateral.

Noteholder Priority Collateral has the meaning given such term by the Intercreditor Agreement.