Subordinated Collateral definition

Subordinated Collateral means any property or assets that may at any time be or become subject to a lien or security interest in favor of the Subordinated Creditor pursuant to the Subordinated Collateral Documents or otherwise, and all products and proceeds of any of the foregoing.]

Subordinated Collateral means, at any time, all of the assets of the Company or any of its Subsidiaries, whether real, personal or mixed, with respect to which a Lien is granted (or purported to be granted) as security for any Subordinated Obligations pursuant to any Subordinated Debt Document (for the avoidance of doubt, irrespective of whether any such Subsidiary is a party hereto or to any Senior Debt Document).

Subordinated Collateral means all Collateral in which a Lien is granted or purported to be granted to any Subordinated Creditor as security for any Subordinated Debt Obligation.

Examples of Subordinated Collateral in a sentence

• The Senior Collateral Management Fee, the Subordinated Collateral Management Fee and the Incentive Collateral Management Fee.

• The Current Deferred Senior Collateral Management Fee and the Current Deferred Subordinated Collateral Management Fee.

• Until the Senior Discharge Date, and whether or not any Insolvency Event has occurred, Subordinated Creditor will not accelerate the maturity of all or any portion of the Subordinated Debt, enforce, attempt to enforce, or exercise any right or remedy with respect to any Collateral [(including the Subordinated Collateral)] or the Subordinated Debt, or take any other Enforcement Action with respect to the Subordinated Debt [or the Subordinated Collateral].

• The Senior Collateral Management Fee, the Subordinated Collateral Management Fee and the Incentive Collateral Management Fee (including any deferred Senior Collateral Management Fees, any deferred Subordinated Collateral Management Fees and any interest accrued on any deferred Subordinated Collateral Management Fees).

• Collectively, the Senior Collateral Management Fee, Subordinated Collateral Management Fee and Collateral Manager Incentive Fee.

More Definitions of Subordinated Collateral

Subordinated Collateral means the "Collateral" as defined in the Subordinated Credit Agreement.

Subordinated Collateral means any and all assets and property from time to time subject to security interests or Liens to secure payment or performance of the Subordinated Indebtedness.

Subordinated Collateral has the meaning given that term in the Subordinated Security Agreement.

Subordinated Collateral means all Collateral that is not First Priority Collateral). The obligations of Borrower and its affiliates to Junior Lien Holder, whether under the Credit Agreement or otherwise, are referred to herein as the "JUNIOR LOAN."

Subordinated Collateral shall have the meaning as defined in the Granting Clause of the Subordinated Deed to Secure Debt and Security Agreement.

Subordinated Collateral. (as defined in the Note Security Agreement) shall be subordinated to the security interest of the Revenue Interest Secured Party (as defined in the Note Security Agreement) in such collateral pursuant to the Revenue Interest Security Agreement (as defined in the Note Security Agreement).

Subordinated Collateral shall have the meaning set forth in Section 9.03.