Rolling Stock Collateral definition

Rolling Stock Collateral means all Rolling Stock constituting Collateral that is included in the U.S. Borrowing Base.
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Rolling Stock Collateral means all motor vehicles, automobiles, trucks, trailers, railcars, barges and vehicles of every description and handling and delivery equipment owned by the Grantors other than any Rolling Stock subject to a Lien permitted by clause (21) of the definition of “Permitted Liens” of the Indenture.
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Rolling Stock Collateral means all Trucks owned by the Grantors other than any Trucks subject to a Lien permitted by clause (20) of the definition of “Permitted Liens” of the Indenture or which do not otherwise constitute ABL Priority Collateral.
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Examples of Rolling Stock Collateral in a sentence

  • In addition, and not in limitation of the rights of Agent hereunder or under the Rolling Stock Custodian Agreements, promptly upon Agent’s request, Agent may require that Rolling Stock Collateral Administrator deliver any or all of such items subject to the terms of the Rolling Stock Custodian Agreements to Agent or to such third party as Agent may specify.

  • In addition, and not in limitation of the rights of Agent hereunder or under the Rolling Stock Custodian Agreements, promptly upon Agent’s request, Agent may require that Rolling Stock Collateral Custodian deliver any or all of such items subject to the terms of the Rolling Stock Custodian Agreements to Agent or to such third party as Agent may specify.

  • As of the Closing Date, each item of Rolling Stock Collateral valued in excess of $50,000 is described on Part I of Exhibit E.

  • Cronbach's AlphaNo. of Items.81339 3.2.4 Normality TestThe Normality Test showed results for the Shapiro-Wilks tests.

  • It has shown that the input jitter can be reduced by the proposed DFC approach.

  • This Class shall consist of the Allowed Secured Claim of MHC to the extent of the value of Rolling Stock Collateral liquidated at commercially reasonable value, applied against the principal balance of its claim.

  • As of the Closing Date, all Rolling Stock Collateral is described on Part I of Exhibit E.

  • Each item of Rolling Stock Collateral listed on Schedule 6.1(c) as in effect on the Closing Date is owned by either the Borrower or WTI and, except for not more than 77 tractors included in Schedule 6.1(c), the Rolling Stock Collateral is not subject to a Lease Purchase Agreement.

  • This Class shall consist of the Allowed Secured Claim of Southern Bancorp to the extent of the value of Rolling Stock Collateral liquidated at commercially reasonable value, applied against the principal balance of its Claim.

  • The Agent shall be satisfied with the Rolling Stock Collateral Custodian's application filings of the certificates of title or ownership of the CH Rolling Stock of the Loan Parties to note the Lien of the Agent thereon and administration, management, processing and custodianship of the certificates of title or ownership of such Rolling Stock on and after the Effective Date.


More Definitions of Rolling Stock Collateral

Rolling Stock Collateral means, at any time, the Rolling Stock Revolving Loan Collateral at such time and the Rolling Stock Term Loan Collateral at such time.
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Related to Rolling Stock Collateral

  • Stock Collateral means, collectively, the Collateral described in clauses (a) through (c) of Section 3 hereof and the proceeds of and to any such property and, to the extent related to any such property or such proceeds, all books, correspondence, credit files, records, invoices and other papers.

  • Rolling Stock means locomotives and other railway vehicles and includes related spare parts;

  • UCC Filing Collateral means any Collateral, including Collateral constituting investment property, for which a security interest can be perfected by filing a UCC-1 financing statement.

  • 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.

  • Firm Collateral means a Partner’s or Withdrawn Partner’s interest in one or more partnerships or limited liability companies, in either case affiliated with the Partnership, and certain other assets of such Partner or Withdrawn Partner, in each case that has been pledged or made available to the Trustee(s) to satisfy all or any portion of the Excess Holdback of such Partner or Withdrawn Partner as more fully described in the books and records of the Partnership; provided, that for all purposes hereof (and any other agreement (e.g., the Trust Agreement) that incorporates the meaning of the term “Firm Collateral” by reference), references to “Firm Collateral” shall include “Special Firm Collateral”, excluding references to “Firm Collateral” in Section 4.1(d)(v) and Section 4.1(d)(viii).

  • U.S. Collateral means any and all property owned, leased or operated by a Person covered by the U.S. Collateral Documents and any and all other property of any U.S. Loan Party, now existing or hereafter acquired, that may at any time be or become subject to a security interest or Lien in favor of the Administrative Agent to secure the Secured Obligations.

  • Securities Collateral means, collectively, the Pledged Securities, the Intercompany Notes and the Distributions.

  • Purchase Agreement Collateral has the meaning specified in Section 6.9 of this Agreement.

  • Second Priority Collateral means any “Collateral” as defined in any Second Priority Debt Document or any other assets of the Borrower or any other Grantor with respect to which a Lien is granted or purported to be granted pursuant to a Second Priority Collateral Document as security for any Second Priority Debt Obligation.

  • UCC Collateral is defined in Section 3.03.

  • Equity Collateral shall have the meaning set forth in Section 11.6 hereof.

  • Liquid Assets mean Borrower's cash on hand plus Borrower's readily marketable securities.

  • Notes Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Pledged Investment Property means any investment property of any Grantor, and any distribution of property made on, in respect of or in exchange for the foregoing from time to time, other than any Pledged Stock or Pledged Debt Instruments.

  • Collateral has the meaning specified in the Granting Clause of this Indenture.

  • Permitted Security Interests means (i) any Security Interest for taxes, assessments or governmental charges or levies which relate to obligations not yet due and delinquent, (ii) easements, servitudes, encroachments and other minor imperfections of title which do not, individually or in the aggregate, detract from the value of or impair the use or marketability of any real property, and (iii) undetermined or inchoate Security Interests arising or potentially arising under statutory provisions which have not at the relevant time been filed or registered in accordance with applicable laws or of which written notice has not been given in accordance with applicable laws;

  • Threshold Event Collateral shall have the meaning assigned to such term in Section 5(g).

  • Security Agreement Collateral means all "Collateral" as defined in the Security Agreement.

  • Notes Collateral means the portion of the Collateral as to which the First Lien Notes Secured Parties have a first-priority security interest subject to certain Permitted Liens.

  • Current Asset Collateral means all the “ABL Priority Collateral” as defined in the ABL Intercreditor Agreement.

  • Underlying Collateral means, with respect to a Loan Asset, any property or other assets designated and pledged or mortgaged as collateral to secure repayment of such Loan Asset, as applicable, including, without limitation, mortgaged property and/or a pledge of the stock, membership or other ownership interests in the related Obligor and all proceeds from any sale or other disposition of such property or other assets.

  • Term Priority Collateral has the meaning set forth in the Intercreditor Agreement.

  • Security Collateral with respect to any Granting Party, means, collectively, the Collateral (if any) and the Pledged Collateral (if any) of such Granting Party.

  • Borrower Collateral means all of Borrower's now owned or hereafter acquired right, title, and interest in and to each of the following:

  • Railroad rolling stock means locomotives, of whatever motive power, autocars, railroad cars of

  • Trailing Stop in CFD trading shall mean a stop-loss order set at a percentage level below the market price - for a long position. The trailing stop price is adjusted as the price fluctuates. A sell trailing stop order sets the stop price at a fixed amount below the market price with an attached "trailing" amount. As the market price rises, the stop price rises by the trail amount, but if the pair price falls, the stop loss price doesn't change, and a market order is submitted when the stop price is hit.