PRIME COLLATERAL definition
PRIME COLLATERAL means Guarantor Collateral described in clauses (a), (b), (c), and (d) of the definition of "Guarantor Collateral Availability."
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Related to PRIME COLLATERAL
Mortgage Collateral the “Collateral” as defined in the Mortgage Loan Agreement.
Collateral has the meaning specified in the Granting Clause of the Indenture.
UCC Collateral is defined in Section 3.03.
Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.
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.