Senior Creditor Collateral definition

Senior Creditor Collateral means all of the assets and property of any Obligor, whether real, personal. mixed, with respect to which a Lien is granted or purported to be granted as security for any Senior Indebtedness.

Senior Creditor Collateral means all property of the Credit Party, now owned or hereafter acquired, in which any Senior Creditor Lien is granted pursuant to the Senior Debt Documents, and all proceeds thereof

Senior Creditor Collateral means all of the property and assets of Debtor described on Exhibit A attached hereto and incorporated herein by reference and all cash and non-cash proceeds thereof.

Examples of Senior Creditor Collateral in a sentence

• No objection will be raised by Junior Creditor to Senior Creditor's motion for relief from the automatic stay in any such proceeding to foreclose on, sell or otherwise realize upon the Senior Creditor Collateral.

• Until the Priority Senior Debt has been indefeasibly paid in full in cash, any liens and security interests of Shelter Island in the Collateral shall be and hereby are subordinated for all purposes and in all respects to the liens and security interests of Senior Creditor in the Senior Creditor Collateral, regardless of the time, manner or order of perfection of any such liens and security interests.

• Shelter Island further agrees to give the Senior Creditor notice of receipt of any payment on or applied by Shelter Island in respect of the Shelter Island Debt if such payment is proceeds of the Senior Creditor Collateral or is not permitted by Section 4A, after receipt by Senior Creditor of a Shelter Island Debt Default; provided, that the failure to provide any such notice shall not affect the rights of any party under this Agreement.

• Junior Creditor agrees that any collection, sale or other disposition of any or all of the Senior Creditor Collateral by Senior Creditor (whether pursuant to the UCC or otherwise) shall be free and clear of any and all security interests, liens, claims and/or rights of Junior Creditor in such Senior Creditor Collateral.

• In exercising rights and remedies with respect to the Senior Creditor Collateral, each First Lien Agent and the Senior Creditors may enforce the provisions of the Senior Creditor Documents and exercise remedies thereunder, all in such order and in such manner as they may determine in the exercise of their sole discretion.

More Definitions of Senior Creditor Collateral

Senior Creditor Collateral all Debtor's now owned and hereafter acquired personal property and fixtures, and proceeds thereof, including without limitation Accounts, Chattel Paper, Goods, Inventory, Equipment, Instruments, Investment Property, Documents, and General Intangibles.

Senior Creditor Collateral means all of Debtor's personal property, including, without limitation, all of the following property and interests in property of Debtor, wherever located and whether now or hereafter existing or now owned or hereafter acquired or arising: (i) Receivables; (ii) Inventory; (iii) Equipment; (iv) Contract Rights; (v) General Intangibles; (vi) Investment Property; (vii) each Deposit Account and all certificates of deposit maintained with a bank, savings and loan association, credit union or like organization, other than an account evidenced by a certificate of deposit that is an instrument under the UCC; (viii) goods and other property, whether or not delivered, (a) the sale or lease of which gives or purports to give rise to any Receivable, including, but not limited to, all merchandise returned or rejected by or repossessed from customers, or (b) securing any Receivable, including, without limitation, all rights as an unpaid vendor or lienor (including, without limitation, stoppage in transit, replevin and reclamation) with respect to such goods and other property; (ix) all mortgages, deeds to secure debt and deeds of trust on real or personal property, guaranties, leases, security agreements, and other agreements and property which secure or relate to any Receivable or other Collateral, or are acquired for the purpose of securing and enforcing any item thereof; (x) all documents of title, policies and certificates of insurance, securities, chattel paper and other documents and instruments; (xi) all other goods and personal property, whether tangible or intangible, wherever located, including money, letters of credit, and each Letter-of-credit right; (xii) all files, correspondence, computer programs, tapes, discs and related data processing software which contain information identifying or pertaining to any of the Receivables, or any Account Debtor, or showing the amounts thereof or payments thereon or otherwise necessary or helpful in the realization thereon or the collection thereof; and (xiii) any and all products and proceeds of the foregoing (including, but not limited to, any claim to any item referred to in this definition, and any claim against any third party for loss of, damage to or destruction of any or all of, the Collateral or for proceeds payable under, or unearned premiums with respect to, policies of insurance) in whatever form, including, but not limited to, cash, negotiable instruments and other instruments for the payment of money, chat...

Senior Creditor Collateral. All Debtor's present and future Accounts, Instruments, Documents, Chattel Paper, Inventory, Equipment, Intellectual Property and General Intangibles and returned goods and the direct and indirect proceeds thereof.

Senior Creditor Collateral. All of the tangible greenhouse assets of the Debtor located at 000 Xxxxxx Xxxx 000, Xxxxxxxxx, Xxx Xxxxxx 00000, all proceeds thereof, if any, and all substitutions, replacements, and accessions thereto.

Senior Creditor Collateral. See Exhibit B attached to this Agreement.

Senior Creditor Collateral all of the following assets, properties and interests in property of Borrower, whether now existing or hereafter acquired or arising, wherever located:

Senior Creditor Collateral means all of the property and assets of the Issuer and/or the Guarantors described in the Senior Creditor Documents (such definition hereby incorporated herein by reference) and all cash and non-cash proceeds thereof.