Term Loan Collateral Agreement definition

Term Loan Collateral Agreement as defined in the recitals hereto.

Term Loan Collateral Agreement means the Guarantee and Collateral Agreement, to be entered into on or around the Escrow Release Date, among the Company, certain of its Subsidiaries identified therein as grantors and the Term Loan Agent, together with the documents related thereto (including any supplements thereto), as amended, restated, supplemented or otherwise modified from time to time.

Term Loan Collateral Agreement means the Term Loan Guarantee and Collateral Agreement dated as of the date hereof, among Holdings, Merger Sub, the Company, the other Grantors, and Citibank, N.A., as administrative agent and collateral agent for the secured parties referred to therein, as amended, restated, modified or replaced from time to time.

Examples of Term Loan Collateral Agreement in a sentence

• Each party hereto agrees that each Credit Agreement, the Term Loan Collateral Agreement and the ABL Collateral Agreement shall contain the applicable provisions set forth on Schedule II hereto, or similar provisions approved by the ABL Agent and the Term Loan Agents, which approval shall not be unreasonably withheld or delayed.

• Each party hereto agrees that each Credit Agreement, the Term Loan Collateral Agreement and the ABL Collateral Agreement shall contain the applicable provisions set forth on Schedule I hereto, or similar provisions approved by the ABL Agent and the Term Loan Agents, which approval shall not be unreasonably withheld or delayed.

• Amounts received by the Trustee pursuant to clause (ii) of Section 9 of the Term Loan Collateral Agreement or clause (ii) of Section 9 of the New Notes Security Agreement, as applicable, shall be applied by the Trustee pursuant to Section 6.10 of the Indenture.

• Notwithstanding the foregoing clauses (a) through (r), prior to the Discharge of the Term Loan Obligations (as defined in the Intercreditor Agreement), “Excluded Assets” shall not include any property or asset that is Term Loan Priority Collateral at any time such property or asset (i) constitutes “Collateral” or “Pledged Collateral” under the Term Loan Collateral Agreement and (ii) for the avoidance of doubt, is not an “Excluded Asset” under the Term Loan Collateral Agreement.

• Article II(a) of the Term Loan Collateral Agreement (the “Collateral Agreement”) grants JPMorgan, as Administrative Agent, for the benefit of the Term Lenders, a security interest in “Fixtures” located at certain GM facilities.

More Definitions of Term Loan Collateral Agreement

Term Loan Collateral Agreement has the meaning assigned to the term “Pledge Agreement” under the Term Loan Agreement.

Term Loan Collateral Agreement shall have the meaning set forth under the caption “Description of Notes” in the General Disclosure Package and the Offering Memorandum.

Term Loan Collateral Agreement means (i) that certain Pledge and Security Agreement, dated as of February 9, 2021, by and among the Issuer, the guarantors party thereto and Citibank, N.A., as collateral agent, or (ii) if the Issuer refinances the 5-Year Term Loan on the Issue Date, that certain Collateral Agreement to be entered into among the Issuer, the Guarantors and the Term Loan Collateral Agent, and any amendments, supplements, modifications, extensions, replacements, renewals, restatements, refundings or refinancings thereof.

Term Loan Collateral Agreement means the Term Guarantee and Collateral Agreement dated as of September 7, 2016, among the Borrower, the Subsidiaries of the Borrower from time to time party thereto and Citibank, as collateral agent for the secured parties referred to therein, as amended, restated, modified or replaced from time to time.

Term Loan Collateral Agreement as defined in the recitals hereto. “Term Loan Priority Collateral”: as defined in the Intercreditor Agreement. “Term Loan Lenders”: as defined in the Intercreditor Agreement. “Trade Secret Licenses”: with respect to any Grantor, all United States written license agreements of such Grantor providing for the grant by or to such Grantor of any right under any United States trade secrets, including, without limitation, know how, processes, formulae, compositions, designs, and confidential business and technical information, and all rights of any kind whatsoever accruing thereunder or pertaining thereto, other than agreements with any Person who is an Affiliate or a Subsidiary of the Parent Borrower or such Grantor, subject, in each case, to the terms of such license agreements, and the right to prepare for sale, sell and advertise for sale, all Inventory now or hereafter covered by such licenses.

Term Loan Collateral Agreement that certain Pledge and Security Agreement, dated as of [ ] , 2011, among Borrower, Holdings, Sub Holdco, the other Grantors party thereto and the Term Loan Agent, as amended, restated, amended and restated, extended, supplemented or otherwise modified from time to time.

Term Loan Collateral Agreement means the Guarantee and Collateral Agreement among the Borrower, the Subsidiary Guarantors and the Collateral Agent, substantially in the form of Exhibit B-1, and all supplements thereto.