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.
Third Lien Collateral means all “Collateral” (or comparable term), 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 the Collection Account, the CBO-2 Bonds and the CMBS Corp. Pledged Stock.

Examples of Third Lien Collateral in a sentence

  • 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.

  • 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 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 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]
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 any assets or property, and all proceeds thereof of any Credit Party with respect to which a Lien is granted or purported to be granted or required to be granted pursuant to a Third Lien Collateral Document as security for any Third Lien Obligations; provided that Third Lien Collateral shall not include any Separate Collateral of the type described in clause (a) of the definition thereof.
Third Lien Collateral means, all Accounts (as defined in the Uniform Commercial Code), all Chattel Paper (as defined in the Uniform Commercial Code), all Money and Deposit Accounts (as defined in the Uniform Commercial Code), all Documents (as defined in the Uniform Commercial Code), all Equipment (as defined in the Uniform Commercial Code), all General Intangibles (as defined in the Uniform Commercial Code), including all Intellectual Property (as defined in the Uniform Commercial Code), all Inventory (as defined in the Uniform Commercial Code), all other Goods (as defined in the Uniform Commercial Code), all Letter-of-Credit Rights (as defined in the Uniform Commercial Code), all Commercial Tort Claims (as defined in the Uniform Commercial Code) specifically described in the Notes Security Agreement, as it may be supplemented from time to time, all books and records pertaining to the foregoing, and to the extent not otherwise included, all proceeds and products of any and all of the foregoing and all collateral security and guarantees given by any Person with respect to any of the foregoing, of any Pledgor, whether now owned or hereafter acquired, in each case, other than any Excluded Assets.
Third Lien Collateral means all of the Property of any Obligor now owned or
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).