Revolving Facility Collateral definition

Revolving Facility Collateral means all assets and properties subject to Liens created by the Revolving Facility Security Documents to secure the Revolving Facility Obligations.

Revolving Facility Collateral has the meaning specified in the Revolving Facility Credit Agreement.

Revolving Facility Collateral means all personal property assets of Borrowers.

Examples of Revolving Facility Collateral in a sentence

• The 2010 Notes are guaranteed by the other Existing Loan Parties and are secured on a second-priority basis by the Revolving Facility Collateral.

• The lenders under the Revolving Credit Facility and holders of the Company’s 9.75% Senior Secured Notes due 2015 (the “Senior Secured Notes”) and certain other permitted junior secured debt referred to below will have second priority security interests in the Term Loan Collateral and the holders of the Senior Secured Notes and certain other permitted junior secured debt referred to below will have third priority security interests in the Revolving Facility Collateral.

• The zulily Parent Pledge Agreement is effective to create in favor of the Collateral Agent, for the benefit of the Tranche 2 Revolving Lenders, a legal, valid and enforceable security interest in the Tranche 2 Revolving Facility Collateral.

• To the extent that an insured loss covers or constitutes both Revolving Facility First Lien Collateral and Term Debt First Lien Collateral, then the Revolving Facility Collateral Agent and the Term Debt 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 Term Debt Documents) under the relevant insurance policy.

• However, the following documents are considered of particular significance in assessing the application.

More Definitions of Revolving Facility Collateral

Revolving Facility Collateral means all “Collateral,” as defined in the revolving facility loan agreement, and any other assets of any Grantor now or at any time hereafter subject to Liens securing any Revolving Credit Obligations pursuant to any Credit Facility Document.

Revolving Facility Collateral shall prior to the Funding Date, have the meaning assigned to the term “ABL Collateral” in the form of Intercreditor Agreement attached as Exhibit D hereto, and after the Funding Date, have the meaning assigned to the term “ABL Collateral” in the Intercreditor Agreement.

Revolving Facility Collateral 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 Revolving Facility Secured Party as security for any Revolving Facility Obligation.

Revolving Facility Collateral shall have the meaning given to such term in the Intercreditor Agreement.

Revolving Facility Collateral means all of the existing and future Inventory and Accounts of the Loan Parties, together with all related general intangibles, contract rights under agreements relating to Inventory and Accounts, documents relating to Inventory, supporting obligations and letter-of-credit rights relating to Inventory and Accounts, instruments representing payments for Inventory and Accounts; money, cash, Cash Equivalents, securities and other property held by the Administrative Agent or any Lender; deposit accounts, credits and balances which contain proceeds of or collections on Inventory and Accounts; books, records and other property related to or referring to any of the foregoing; and all proceeds of any of the foregoing, including, proceeds of any insurance policies and claims against third parties with respect to the foregoing, all as more fully described in the Security Agreement and the Intercreditor Agreement. Chemtura (Revolving Facility) Credit Agreement

Revolving Facility Collateral means Revolving US Facility Collateral and Revolving Foreign Facility Collateral.

Revolving Facility Collateral means (a) with respect to the Loan Parties (other than the Foreign Borrower and the Swiss Guarantor), all of the existing and future Inventory and Accounts of the Loan Parties (other than the Foreign Borrower and the Swiss Guarantor), together with all related general intangibles, contract rights under agreements relating to Inventory and Accounts, documents relating to Inventory, supporting obligations and letter-of-credit rights relating to Inventory and Accounts, instruments representing payments for Inventory and Accounts; money, cash, Cash Equivalents, securities and other property held by any Administrative Agent or any Lender; deposit accounts, credits and balances which contain proceeds of or collections on Inventory and Accounts; books, records and other property related to or referring to any of the foregoing; and all proceeds of any of the foregoing, including, proceeds of any insurance policies and claims against third parties with respect to the foregoing, all as more fully described in the US Security Agreement and the Intercreditor Agreement, (b) with respect to the Foreign Borrower, its assets constituting collateral subject to Liens granted by it under the Foreign Security Documents to which it is a party and (c) with respect to the Swiss Guarantor, its assets constituting collateral subject to Liens granted by it under the Foreign Security Documents to which it is a party.