Senior Secured Notes Collateral definition

Senior Secured Notes Collateral means any and all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any Senior Secured Notes Obligations.
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Senior Secured Notes Collateral means the Issuer Pledge Agreement, the Pan-Sino Pledge Agreement, the Pan-Western Pledge Agreement, the Company Pledge Agreement, the Issuer Cash Collateral Agreement, the Pan-Western Cash Collateral Agreement and the Pan-Sino Cash Collateral Agreement.
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Senior Secured Notes Collateral or the collateral securing the DIP Claims inconsistent with the Final DIP Order (including the representations contained therein), (ii) the appointment of a statutory committee of equity security holders under section 1102 of the Bankruptcy Code, or (iii) any action taken by any regulatory agency against any of the Company’s facilities in the U.S. or elsewhere which could reasonably be expected to materially and adversely affect the Restructuring Transactions or that has a material adverse impact on the recovery of any Consenting Creditor as determined by the Required Consenting Creditors in their sole discretion, shall each constitute a Termination Event under this subsection 8.01(l); provided, however, that the Company shall have ten (10) days after issuance of such injunction, judgment, decree, charge, ruling or order to obtain relief that would allow consummation of the Restructuring Transactions that (i) does not prevent or diminish in a material way compliance with the terms of this Agreement or (ii) is otherwise satisfactory to the Required Consenting Creditors;
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Examples of Senior Secured Notes Collateral in a sentence

  • All Liens of Agent in the Collateral, other than Exempt Property, are duly perfected, first priority Liens, subject only to Permitted Liens that are expressly allowed to have priority over Agent’s Liens (for clarification, Permitted Liens that are expressly allowed to have priority over Agent’s Liens include the Liens of the Senior Secured Notes Collateral Agent to the extent such Liens have priority over Agent’s Liens pursuant to the terms of the Intercreditor Agreement).

  • Notwithstanding anything contained herein to the contrary, the Senior Secured Notes Collateral Agent shall be entitled to the same rights, protections, immunities and indemnities as set forth in the Senior Secured Notes Indenture as if the provisions setting forth those rights, protections, immunities and indemnities are fully set forth herein.

  • Until the Discharge of Senior Secured Notes Obligations, the delivery of any Senior Secured Notes Priority Collateral to, or the control of any Senior Secured Notes Priority Collateral by, the Senior Secured Notes Collateral Agent pursuant to the Senior Secured Notes Documents shall satisfy any delivery or control requirement hereunder or under any other Security Document.

  • Except as set forth on Schedule 3.2, each Guarantor shall be the sole account holder of each Deposit Account and shall not allow any other Person (other than Agent or the Senior Secured Notes Collateral Agent, subject to the terms of the Intercreditor Agreement) to have control over a Deposit Account or any Property deposited therein.

  • EBITDAX 3.2x 3.2x PD Strip PV-10 $2,448 $2,448 1P Strip PV-10 3,652 3,652 PD Strip PV-10 Coverage 0.9x 0.9x 1P Strip PV-10 Coverage 1.4x 1.4x Liquidity analysis Cash and cash equivalents $37 ($23) $14 (+) Borrowing Base 1,500 (5) 1,495 (–) RBL Drawn (380) (380) (–) Outstanding Letters of Credit (17) (17) Total Liquidity $1,140 $1,112 New Senior Secured Notes Collateral Coverage1 Note: $ in millions.

  • BANK OF AMERICA, N.A., as Credit Agree Collateral Agent, By: /s/ Illegible Name: Title: THE BANK OF NEW YORK MELLON TRUST COMPANY, N.A., as Senior Secured Notes Collateral Agent, By: /s/ Xxxx Xxxxxxxx Name: Xxxx (Alex) Briffett Title: Authorized Signatory THE MCCLATCHY COMPANY, By: /s/ Xxxxxxx X.

  • Xxxxxxx Title: Authorized Signatory WILMINGTON TRUST FSB, as Senior Secured Notes Trustee and Senior Secured Notes Collateral Agent By: /s/ Xxxx Xxxxxxxxx Name: Xxxx Xxxxxxxxx Title: Vice President AMERICAN MEDIA, INC.

  • N.A., as RBL Agent and Applicable First Lien Agent By: Name: Title: CITIBANK, N.A., as Term Facility Agent, Senior Secured Notes Collateral Agent and Applicable Second Lien Agent By: /s/ Xxxxxxxx X.

  • The parties hereto agree that it is their intention that the ABL Collateral, the Senior Secured Notes Collateral and the Junior Secured Notes Collateral be identical except (a) the Junior Secured Notes Collateral shall not include certain Pledged Collateral or Securities which are specifically excluded from the Junior Secured Notes Collateral pursuant to the terms of the Junior Secured Notes Security Documents and (b) as provided in Article VI and as otherwise provided herein.

  • Except as set forth on Schedule 3.2, each Guarantor shall be the sole account holder of each Deposit Account and shall not allow any other Person (other than Agent, the Senior Secured Notes Collateral Agent or the Term Loan B Agent, subject to the terms of the Intercreditor Agreement) to have control over a Deposit Account or any Property deposited therein.


More Definitions of Senior Secured Notes Collateral

Senior Secured Notes Collateral means the Retail Unit Contract of Sale, the Master Agreement, the Improvements Agreement, the License Agreement, the TSP Agreement, the Declaration of Easements, the Zoning Lot Agreement and the Planet Hollywood Plans.
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Senior Secured Notes Collateral means property and assets securing the Senior Secured Notes immediately prior to the Closing Date. For the avoidance of doubt, the Real Property constituting Senior Secured Notes Collateral shall only include the Real Property identified as Senior Secured Notes Collateral Real Property on Schedules 1A-1 and 1A-2.
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Senior Secured Notes Collateral. DOCUMENTS shall mean the Intercreditor Agreement and all documents securing, or creating Liens to secure, the Senior Secured Notes from time to time outstanding.
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Senior Secured Notes Collateral inconsistent with the Final DIP Order (including the representations contained therein), (ii) any other lifting the automatic stay of section 362 of the Bankruptcy Court or a material portion of the Senior Secured Notes Collateral; (iii) the appointment of a statutory committee of equity security holders under section 1102 of the Bankruptcy Code, or (iv) any action taken by any Governmental Entity against any of Exide’s facilities in the United States or elsewhere that would reasonably be expected to materially adversely impact the operations of such facility; provided, however, that Exide shall have thirty (30) days after issuance of such injunction, judgment, decree, charge or ruling or order to obtain relief that would allow consummation of the Restructuring Transactions that (i) does not prevent or diminish in a material way compliance with the terms of this Commitment Agreement or (ii) is otherwise reasonably satisfactory to the Requisite Backstop Parties; and;
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Related to Senior Secured Notes Collateral

  • Notes Collateral means any and all of the assets and property of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted as security for any Notes Obligations.

  • Senior Secured Notes means the $1,875 million aggregate principal amount of 7.375% Senior Secured Notes due 2023 of the Borrower including, as the same may be amended, supplemented, waived or otherwise modified from time to time, including any senior secured exchange notes issued in lieu thereof.

  • Senior Secured Debt means Senior Debt that is secured by Liens on any property or assets of the Borrower or any of its Subsidiaries.

  • Senior Secured Credit Facilities means the revolving credit facility and other credit facilities under the Credit Agreement, including any guarantees, collateral documents, instruments and agreements executed in connection therewith, and any amendments, supplements, modifications, extensions, renewals, restatements, refundings, refinancings or replacements thereof and any one or more indentures or credit facilities or commercial paper facilities with banks or other institutional lenders or investors that replace, refund, supplement or refinance any part of the loans, notes, other credit facilities or commitments thereunder, including any such replacement, refunding or refinancing facility or indenture that increases the amount borrowable thereunder or alters the maturity thereof (provided that such increase in borrowings is permitted under Section 4.09 hereof) or adds Restricted Subsidiaries as additional borrowers or guarantors thereunder and whether by the same or any other agent, trustee, lender or group of lenders or holders.

  • Senior Secured Credit Facility means the Loan and Security Agreement, dated as of May 31, 2017 by and among the Company and Western Alliance Bank (as amended, amended and restated, supplemented or otherwise modified from time to time, subject to the limitations herein).

  • Senior Secured Notes Documents means the Senior Secured Notes Indenture and the other transaction documents referred to therein (including the related guarantee, the notes and the notes purchase agreement).

  • Senior Secured Notes Trustee means The Bank of New York Mellon Trust Company, N.A. and its successors and assigns acting as trustee under the Senior Secured Notes Indenture.

  • Notes Collateral Agent means such successor collateral agent, and the retiring Notes Collateral Agent’s appointment, powers and duties as the Notes Collateral Agent shall be terminated. After the retiring Notes Collateral Agent’s resignation hereunder, the provisions of this Section 12.08 (and Section 7.07) shall continue to inure to its benefit and the retiring Notes Collateral Agent shall not by reason of such resignation be deemed to be released from liability as to any actions taken or omitted to be taken by it while it was the Notes Collateral Agent under this Indenture.

  • Senior Security Documents means with respect to any Senior Secured Party, the Security Documents that secure the Senior Obligations.

  • Senior Secured Note Indenture means the Indenture dated as of November 5, 2009, among the Issuers, the Note Guarantors (as defined therein) and The Bank of New York Mellon, as trustee, principal paying agent, transfer agent and registrar, as amended, extended, restructured, renewed, refunded, novated, supplemented, restated, replaced or modified from time to time;

  • Senior Secured Notes Indenture means (i) the Indenture dated October 8, 2014, among the Borrowers, the guarantors party thereto and the Trustee or (ii) if Senior Secured Notes are issued pursuant to clause (ii) of the definition thereof, the loan agreement or indenture governing such Senior Secured Notes.

  • Senior Secured Credit Agreement means that certain Credit Agreement, dated as of September 27, 2018, among the Borrowers, the lenders from time to time party thereto, JPMCB as administrative agent, JPMCB as collateral agent, and the other parties thereto, as amended, restated, amended, restated, extended, supplemented, refinanced or otherwise modified from time to time.

  • Senior Secured Indebtedness means, with respect to any Person as of any date of determination, any Specified Indebtedness; provided that such Indebtedness is in each case secured by a Lien on the assets of the Issuer or its Restricted Subsidiaries on a basis pari passu with or senior to the security in favor of the Notes.

  • Senior Secured Note Documents means the Senior Secured Note Indenture, the Senior Secured Note Guarantees, the Senior Secured Notes, the Intercreditor Arrangements, any security document relating to the Senior Secured Notes and/or the Senior Secured Note Indenture and any other document that may be entered into pursuant to any of the foregoing.

  • Existing Senior Secured Notes means the Borrower’s $800,000,000 8.500% Senior Secured Notes due 2019, issued pursuant to the Existing Senior Secured Notes Indenture.

  • Senior Securities means senior securities (as such term is defined and determined pursuant to the Investment Company Act and any orders of the SEC issued to the Borrower thereunder).

  • Senior Secured Parties means the Credit Agreement Secured Parties and any Additional Senior Debt Parties.

  • Consolidated Senior Secured Debt means, at any date of determination, the aggregate principal amount of Total Funded Debt outstanding on such date that is secured by a Lien on any asset or property of the Borrower or the Restricted Subsidiaries, which Total Funded Debt is not, by its terms, subordinated in right of payment to the Obligations.

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

  • Junior Lien Indebtedness means any Indebtedness of any Credit Party that is secured by Liens on Collateral that rank junior in priority to the Liens that secure the Obligations.

  • Senior Subordinated Notes Indenture means the Indenture, dated as of July 17, 2012, under which the Senior Subordinated Notes were issued, among the Borrower and the Restricted Subsidiaries party thereto and the trustee named therein from time to time, as in effect on the Closing Date and as amended, restated, supplemented or otherwise modified from time to time in accordance with the requirements thereof and of this Agreement.

  • Permitted Junior Secured Refinancing Debt means any secured Indebtedness issued or incurred by the Borrower or a Subsidiary Guarantor in the form of one or more series of Junior Lien secured notes or loans; provided that (i) such Indebtedness is secured by the Collateral on a Junior Lien basis (subject to Liens permitted under Section 9.1) with the Obligations and is not secured by any property or assets of the Borrower or any Subsidiary other than the Collateral, (ii) such Indebtedness constitutes Credit Agreement Refinancing Indebtedness, (iii) such Indebtedness does not mature or have scheduled amortization or scheduled payments of principal and is not subject to mandatory redemption, repurchase, prepayment or sinking fund obligation (other than customary offers to repurchase or mandatory prepayments upon a change of control, asset sale or other Disposition or casualty event or incurrence of indebtedness that is not permitted thereunder and customary acceleration rights after an event of default) prior to the Latest Maturity Date, determined at the time such Indebtedness is incurred, (iv) the security agreements relating to such Indebtedness are substantially the same as the Collateral Documents (with such differences as are reasonably satisfactory to the Administrative Agent), (v) such Indebtedness is not guaranteed by any Subsidiaries other than the Subsidiary Guarantors and (vi) a Senior Representative acting on behalf of the holders of such Indebtedness shall have become party to or otherwise subject to the provisions of the Junior Lien Intercreditor Agreement; provided that if such Indebtedness is the initial Permitted Junior Secured Refinancing Debt incurred by the Borrower or a Subsidiary Guarantor, then Holdings, the Borrower, the Subsidiary Guarantors, the Administrative Agent and the Senior Representative for such Indebtedness shall have executed and delivered a Junior Lien Intercreditor Agreement. Permitted Junior Secured Refinancing Debt will include any Registered Equivalent Notes issued in exchange therefor.

  • Second Lien Notes Trustee “Second Lien Noteholder”, “High Yield Agent”, “HY Borrower”, “High Yield Creditor”, “High Yield Lender”, “Unsecured Agent”, “Unsecured Borrower”, “Unsecured Creditor”, “Unsecured Lender”, “Security Agent”, “Security Grantor”, “Senior Agent”, “Senior Arranger”, “Senior Borrower”, “Senior Creditor”, “Senior Guarantor”, “Senior Lender”, “Senior Secured Notes Guarantor”, “Senior Secured Notes Issuer”, “Senior Secured Notes Trustee”, “Senior Secured Noteholder”, “Subordinated Creditor”, “Permitted Affiliate Parent” or the “Company” shall be construed to be a reference to it in its capacity as such and not in any other capacity;

  • Senior Lien Obligations means all revenue bonds and other obligations of the RECIPIENT outstanding on the date of execution of this loan agreement (or subsequently issued on a parity therewith, including refunding obligations) or issued after the date of execution of this loan agreement having a claim or lien on the Gross Revenue of the Utility prior and superior to the claim or lien of the loan, subject only to Maintenance and Operation Expense.

  • Senior Secured Loan means any interest in a loan, including any assignment of or participation in or other interest in a loan, that (i) is not (and is not expressly permitted by its terms to become) subordinate in right of payment to any obligation of the obligor in any bankruptcy, reorganization, arrangement, insolvency, moratorium or liquidation proceedings (other than pursuant to a Permitted Working Capital Lien and customary waterfall provisions contained in the applicable loan agreement), (ii) is secured by a pledge of collateral, which security interest is (a) validly perfected and first priority under Applicable Law (subject to liens permitted under the applicable credit agreement that are reasonable for similar loans, and liens accorded priority by law in favor of any Governmental Authority) or (b)(1) validly perfected and second priority in the accounts, documents, instruments, chattel paper, letter-of-credit rights, supporting obligations, deposit accounts, investments accounts and any other assets securing any Working Capital Revolver under Applicable Law and proceeds of any of the foregoing (a first priority lien on such assets a "Permitted Working Capital Lien") and (2) validly perfected and first priority (subject to liens for taxes or regulatory charges and any other liens permitted under the related underlying instruments that are reasonable and customary for similar loans) in all other collateral under Applicable Law, and (iii) the Portfolio Manager determines in good faith that the value of the collateral for such loan (including based on enterprise value) on or about the time of acquisition equals or exceeds the outstanding principal balance of the loan plus the aggregate outstanding balances of all other loans of equal or higher seniority secured by a first priority Lien over the same collateral. For the avoidance of doubt, debtor-in-possession loans and FLLO Loans shall constitute Senior Secured Loans.

  • Subordinated Notes Indenture means that certain Subordinated Debenture Indenture between DH (f/k/a NGC Corporation) and First National Bank of Chicago, as Debenture Trustee, dated as of May 28, 1997 (as amended, restated and supplemented through the Petition Date).