Seller Collateral definition

Seller Collateral has the meaning set forth in Section 3.09(a).
Seller Collateral shall have the meaning assigned to it in Section 8.01 of the Purchase Agreement.
Seller Collateral has the meaning set forth in Section 14.09.

Examples of Seller Collateral in a sentence

  • Such counsel has reviewed the Search Reports (as defined in such opinion and each as of the dates set forth therein) and, except for the financing statements naming specified parties as the secured parties, such Search Reports identify no secured party who has filed with the Search Offices a financing statement naming a Transferring Party as a debtor or seller and indicating the HCA Collateral, the Seller Collateral or the Collateral, as applicable, as collateral.

  • The Seller has not authorized the filing of and is not aware of any financing statements filed against the Seller that include a description of collateral covering the Sold Assets or Seller Collateral other than any financing statement (i) in favor of the Administrative Agent or (ii) that has been terminated.

  • Notwithstanding anything else in the Transaction Documents to the contrary, the Seller shall not have any authority to file a termination, partial termination, release, partial release, or any amendment that deletes the name of a debtor or excludes any Sold Assets or Seller Collateral of any such financing statements filed in connection with the Transaction Documents, without the prior written consent of the Administrative Agent.

  • A carbon, photographic or other reproduction of this Agreement or of any notice or financing statement covering the Transferred Receivables, the Seller Collateral or any part thereof shall be sufficient as a notice or financing statement where permitted by law.

  • The Servicer shall not permit funds other than Collections on Pool Receivables and other Sold Assets and Seller Collateral to be deposited into any Collection Account.


More Definitions of Seller Collateral

Seller Collateral has the meaning set forth in Section 2.08(i)(i).
Seller Collateral has the meaning given to such term in Section 5.02 hereof.
Seller Collateral shall have the meaning assigned to it in Section 7.01 of the Purchase Agreement.
Seller Collateral. As defined in Section 8.1 of the Purchase Agreement. Seller LOC Draws: Any payments made to the Purchaser in connection with the Letter of Credit and allocated to the Seller. Seller Secured Obligations: All loans, advances, debts, liabilities, indemnities and obligations for the performance of covenants, tasks or duties or for payment of monetary amounts (whether or not such performance is then required or contingent, or such amounts are liquidated or determinable) owing by the Seller to any Affected Party under the Purchase Agreement and any document or instrument delivered pursuant thereto, and all amendments, extensions or renewals thereof, and all covenants and duties regarding such amounts, of any kind or nature, present or future, whether or not evidenced by any note, agreement or other instrument, arising thereunder, including Capital Investment, Daily Yield, Yield Shortfall, Unused Facility Fees, Unused Facility Fee Shortfall, Margin, amounts in reduction of Purchase Excess, Successor Servicing Fees and Expenses, Additional Amounts and Indemnified Amounts. This term includes all principal, interest (including all interest that accrues after the commencement of any case or proceeding by or against the Seller in bankruptcy, whether or not allowed in such case or proceeding), fees, charges, expenses, attorneys' fees and any other sum chargeable to the Seller thereunder, whether now existing or hereafter arising, voluntary or involuntary, whether or not jointly owed with others, direct or indirect, absolute or contingent, liquidated or unliquidated, and whether or not from time to time decreased or extinguished and later increased, created or incurred, and all or any portion of such obligations that are paid to the extent all or any portion of such payment is avoided or recovered directly or indirectly from any Purchaser or the Administrative Agent or any transferee of the Purchaser or the Administrative Agent as a preference, fraudulent transfer or otherwise. Seller's Share: The ratio of (i) the Maximum Purchase Limit under the Purchase Agreement to (ii) the aggregate maximum purchase limits or commitments under the Purchase Agreement and all Other Funding Agreements. Senior Credit Facility: That certain Credit Agreement dated as of October 2, 2000, among the Parent, as borrower, certain subsidiaries of Parent, as guarantors, the Senior Credit Facility Lenders, the Senior Credit Facility Collateral Agent and the other parties thereto (as amended by Am...
Seller Collateral means the Subject Shares given as Pledged Collateral (defined in the Pledge Agreement) and all proceeds thereof.
Seller Collateral means the Property of the Borrowers which may be pledged as collateral security for any Seller Note, with such Property to consist solely of (a) the name and goodwill of the target of the Acquisition, (b) any dealership agreements that the target of the Acquisition may have assigned to the Borrowers (whether by operation of law or otherwise) in connection with the Acquisition, and (c) any other collateral approved by all Lenders in their reasonable discretion.
Seller Collateral is defined in Section 5.14.