Term Loan Collateral definition

Term Loan Collateral means all of the assets of any Grantor, whether real, personal or mixed, upon which a Lien is granted or purported to be granted to any Term Loan Agent under any of the Term Loan Collateral Documents.
Term Loan Collateral shall have the meaning assigned to such term in the Intercreditor Agreement.
Term Loan Collateral means all assets, whether now owned or hereafter acquired by any Loan Party, in which a Lien is granted or purported to be granted to any Term Loan Secured Party as security for any Term Loan Obligation.

Examples of Term Loan Collateral in a sentence

  • Each such Grantor has delivered all Certificated Securities constituting Collateral held by such Grantor on the Closing Date to the Collateral Agent (or, if permitted under the Intercreditor Agreement and required under the Term Loan Agreement, the Term Loan Collateral Agent) together with duly executed undated blank stock powers, or other equivalent instruments of transfer acceptable to the Collateral Agent.

  • Prior to entering into any Term Loan Collateral Account (as defined in the Intercreditor Agreement), Borrowers shall provide at least ten (10) Business Days’ prior written notice thereof and shall deliver a form of Control Agreement whereby the Administrative Agent has a second-priority security interest in such deposit account and the cash held therein.


More Definitions of Term Loan Collateral

Term Loan Collateral means the Collateral (as defined in the Term Loan Agreement).
Term Loan Collateral means 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 Term Loan Obligations.
Term Loan Collateral means all “Collateral”, as defined in the Term Loan Credit Agreement or any other Term Loan Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure or purport to secure any Term Loan Obligation.
Term Loan Collateral means the portion of the Pledged Mortgage Assets included in the Collateral with respect to which advances under the Term Loan and Delayed Draw Term Loan (if any) are calculated and determined.
Term Loan Collateral means all assets and properties of any Obligor or its estate of any kind whatsoever, real or personal, tangible or intangible and wherever located (including any stock, partnership interest, membership interests or other equity securities), whether now owned or hereafter acquired, upon which a Lien is now or hereafter granted or purported to be granted by such Person in favor of any or all of the Term Loan Creditors, as security for all or any part of the Term Loan Obligations, and the Proceeds (including insurance proceeds) thereof.
Term Loan Collateral has the meaning specified in Section 2.1(b).