Third Lien Collateral definition

Third Lien Collateral means all “Collateral”, as defined in any Third Lien Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure, but only to the extent securing, any Third Lien Obligations.

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Third Lien Collateral means all of the Collateral consisting of personal property and securing the Term Loan Obligations other than the ABL Priority Collateral.

Third Lien Collateral means the CBO-2 Bonds and the CMBS Corp. Pledged Stock. [Series B only]

Examples of Third Lien Collateral in a sentence

It is agreed that the obligations of the Priority Lien Agent and the rights of the Second Lien Collateral Trustee, the other Second Lien Secured Parties, the Third Lien Collateral Trustee and the other Third Lien Secured Parties in connection with any such bailment arrangement will be in all respects subject to the provisions of Article II.
By accepting the benefits of this Agreement and the other Third Lien Security Documents, each Third Lien Secured Party authorizes the Third Lien Collateral Trustee to enter into this Agreement and to act on its behalf as collateral agent hereunder and in connection herewith.
The Priority Lien Agent is hereby authorized to make any such endorsements as agent for the Second Lien Collateral Trustee, any other Second Lien Secured Party, the Third Lien Collateral Trustee or any other Third Lien Secured Party, as applicable.
The Third Lien Collateral Trustee shall have no duties or obligations under or pursuant to this Agreement other than such duties and obligations as may be expressly set forth in this Agreement as duties and obligations on its part to be performed or observed.
The Second Lien Collateral Trustee is hereby authorized to make any such endorsements as agent for the Third Lien Collateral Trustee or any other Third Lien Secured Party.

More Definitions of Third Lien Collateral

Third Lien Collateral means the Collection Account, the CBO-2 Bonds and the CMBS Corp. Pledged Stock.

Third Lien Collateral means all of the assets of any Grantor, whether real, personal or mixed, with respect to which a Lien is granted (or has been purported to be granted) as security for any Third-Lien Obligations.

Third Lien Collateral means all assets, whether now owned or hereafter acquired by the Company or any other Credit Party, in which a Lien is granted or purported to be granted to any Third Lien Secured Party as security for any Third Lien Obligation.

Third Lien Collateral means any “Badcock Collateral,” “Pledged Collateral” or similar term as defined in any Third Lien Loan Document or any other assets of the Company with respect to which a Lien is granted, purported to be granted or required to be granted pursuant to a Third Lien Loan Document as security for any Third Lien Obligations and shall include any property or assets subject to replacement Liens or adequate protection Liens in favor of any Third Lien Claimholder; provided that, for the avoidance of doubt and solely for purposes of this Agreement, “Third Lien Collateral” shall not include any Collateral (as defined in each of the First Lien Credit Agreement, the Second Lien Credit Agreement, the Third Lien Credit Agreement and the Fourth Lien Credit Agreement).

Third Lien Collateral means, collectively, the Parent Third Lien Collateral and the Spinco Third Lien Collateral.

Third Lien Collateral means all “collateral,” as defined in any Third Lien Document, and any other assets of any Grantor now or at any time hereafter subject to Liens which secure, but only to the extent securing, any Third Lien Obligations.

Third Lien Collateral means all of the Property of any Obligor now owned or